FORM 8.5 (EPT/NON-RI) | |||||||
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN | |||||||
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS | |||||||
(OR WHERE RI STATUS IS NOT APPLICABLE) | |||||||
Rule 8.5 of the Takeover Code (the "Code") | |||||||
1. | KEY INFORMATION | ||||||
(a) | Name of exempt principal trader: | BARCLAYS CAPITAL SECURITIES LTD | |||||
(b) | Name of offeror/offeree in relation to whose | BARRATT DEVELOPMENTS PLC | |||||
(c) | Name of the party to the offer with which exempt | REDROW PLC | |||||
(d) | Date position held/dealing undertaken: | 01 Mar 2024 | |||||
(e) | In addition to the company in 1(b) above, is the exempt principal | YES: | |||||
2. | POSITIONS OF THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree | ||||||
| to which the disclosure relates following the dealing (if any) | ||||||
Class of relevant security: | 10p ordinary | ||||||
| Interests | Short Positions | |||||
Number | (%) | Number | (%) | ||||
(1) Relevant securities owned and/or controlled: | 7,396,164 | 0.76% | 4,396,316 | 0.45% | |||
(2) Cash-settled derivatives: | 3,561,893 | 0.37% | 5,905,542 | 0.61% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
| 10,958,057 | 1.12% | 10,301,858 | 1.06% | |||
| | | | | | | |
(b) | Rights to subscribe for new securities (including directors and other executive options) | ||||||
Class of relevant security in relation to |
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Details, including nature of the rights |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchase and sales |
| | | | | |
Class of relevant | Purchase/sale | Total number of | Highest price per unit | Lowest price per unit | |||
10p ordinary | Purchase | 1411600 | 4.7900 GBP | 4.6990 GBP | |||
10p ordinary | Sale | 2152139 | 4.7900 GBP | 4.6650 GBP | |||
ADR | Purchase | 10200 | 11.9729 USD | 11.9729 USD | |||
ADR | Sale | 10200 | 11.9729 USD | 11.9729 USD | |||
| | | | | | | |
(b) | Cash-settled derivative transactions | ||||||
Class of | Product description | Nature of dealing | Number of | Price per | |||
10p ordinary | SWAP | Closing Long | 1,047,550 | 4.7335 GBP | |||
10p ordinary | SWAP | Closing Short | 14,240 | 4.7337 GBP | |||
10p ordinary | CFD | Decreasing Long | 8 | 4.6987 GBP | |||
10p ordinary | CFD | Decreasing Long | 1,720 | 4.7903 GBP | |||
10p ordinary | SWAP | Decreasing Long | 3,134 | 4.6968 GBP | |||
10p ordinary | CFD | Decreasing Long | 4,668 | 4.7122 GBP | |||
10p ordinary | SWAP | Decreasing Long | 5,000 | 4.7615 GBP | |||
10p ordinary | CFD | Decreasing Long | 10,000 | 4.7784 GBP | |||
10p ordinary | CFD | Decreasing Long | 10,000 | 4.7426 GBP | |||
10p ordinary | CFD | Decreasing Long | 20,400 | 4.7900 GBP | |||
10p ordinary | SWAP | Decreasing Short | 75 | 4.7152 GBP | |||
10p ordinary | SWAP | Decreasing Short | 158 | 4.6970 GBP | |||
10p ordinary | SWAP | Decreasing Short | 423 | 4.7099 GBP | |||
10p ordinary | SWAP | Decreasing Short | 669 | 4.7103 GBP | |||
10p ordinary | SWAP | Decreasing Short | 712 | 4.7070 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,068 | 4.7411 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,132 | 4.7112 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,149 | 4.6840 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,216 | 4.7659 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,457 | 4.7136 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,656 | 4.7402 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,821 | 4.7111 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,275 | 4.6951 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,440 | 4.7430 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,241 | 4.7640 GBP | |||
10p ordinary | SWAP | Decreasing Short | 49,670 | 4.7900 GBP | |||
10p ordinary | SWAP | Decreasing Short | 59,334 | 4.6776 GBP | |||
10p ordinary | SWAP | Decreasing Short | 176,536 | 4.7669 GBP | |||
10p ordinary | CFD | Increasing Long | 701 | 4.7496 GBP | |||
10p ordinary | CFD | Increasing Long | 1,033 | 4.7601 GBP | |||
10p ordinary | CFD | Increasing Long | 1,116 | 4.7852 GBP | |||
10p ordinary | CFD | Increasing Long | 3,337 | 4.7900 GBP | |||
10p ordinary | CFD | Increasing Long | 4,693 | 4.7182 GBP | |||
10p ordinary | CFD | Increasing Long | 10,887 | 4.7554 GBP | |||
10p ordinary | SWAP | Increasing Long | 28,491 | 4.7898 GBP | |||
10p ordinary | SWAP | Increasing Short | 662 | 4.7200 GBP | |||
10p ordinary | SWAP | Increasing Short | 853 | 4.7268 GBP | |||
10p ordinary | SWAP | Increasing Short | 997 | 4.7680 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,169 | 4.7372 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,412 | 4.7325 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,460 | 4.7506 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,638 | 4.7900 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,398 | 4.7712 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,796 | 4.7516 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,490 | 4.7356 GBP | |||
10p ordinary | SWAP | Increasing Short | 14,087 | 4.7030 GBP | |||
10p ordinary | SWAP | Increasing Short | 28,467 | 4.7827 GBP | |||
10p ordinary | SWAP | Increasing Short | 34,336 | 4.7087 GBP | |||
10p ordinary | SWAP | Opening Long | 30,322 | 4.7363 GBP | |||
10p ordinary | SWAP | Opening Long | 49,061 | 4.7900 GBP | |||
10p ordinary | SWAP | Opening Long | 49,186 | 4.7692 GBP | |||
10p ordinary | SWAP | Opening Long | 118,714 | 4.6776 GBP | |||
10p ordinary | SWAP | Opening Long | 1,295,262 | 4.6650 GBP | |||
| | | | | | | |
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
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(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements | ||||||
Details of any indemnity or option arrangement, or any agreement or understanding, | |||||||
NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives | ||||||
Details of any agreement, arrangement or understanding, formal or informal, between | |||||||
NONE | |||||||
(c) | Attachments | ||||||
Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 04 Mar 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |
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