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 | REDROW PLC | |||||
(c) | Name of the party to the offer with which exempt | REDROW PLC | |||||
(d) | Date position held/dealing undertaken: | 18 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: | 10.5p ordinary | ||||||
| Interests | Short Positions | |||||
Number | (%) | Number | (%) | ||||
(1) Relevant securities owned and/or controlled: | 7,625,548 | 2.31% | 2,466,266 | 0.75% | |||
(2) Cash-settled derivatives: | 1,220,130 | 0.37% | 7,477,273 | 2.26% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
| 8,845,678 | 2.67% | 9,943,539 | 3.01% | |||
| | | | | | | |
(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 | |||
10.5p ordinary | Purchase | 125823 | 6.6506 GBP | 6.5800 GBP | |||
10.5p ordinary | Sale | 21981 | 6.6458 GBP | 6.5600 GBP | |||
| | | | | | | |
(b) | Cash-settled derivative transactions | ||||||
Class of | Product description | Nature of dealing | Number of | Price per | |||
10.5p ordinary | SWAP | Decreasing Long | 124 | 6.6300 GBP | |||
10.5p ordinary | SWAP | Decreasing Long | 580 | 6.6448 GBP | |||
10.5p ordinary | SWAP | Decreasing Long | 747 | 6.6524 GBP | |||
10.5p ordinary | SWAP | Decreasing Long | 1,038 | 6.6519 GBP | |||
10.5p ordinary | SWAP | Decreasing Long | 4,173 | 6.6500 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 77 | 6.5600 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 659 | 6.5967 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 660 | 6.6033 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 1,909 | 6.6182 GBP | |||
10.5p ordinary | CFD | Decreasing Short | 1,945 | 6.6128 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 2,283 | 6.6188 GBP | |||
10.5p ordinary | CFD | Decreasing Short | 2,592 | 6.6241 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 3,856 | 6.6458 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 631,459 | 6.5450 GBP | |||
10.5p ordinary | SWAP | Increasing Long | 486 | 6.6399 GBP | |||
10.5p ordinary | SWAP | Increasing Long | 4,100 | 6.5815 GBP | |||
10.5p ordinary | SWAP | Increasing Long | 631,459 | 6.5450 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 277 | 6.6350 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 681 | 6.6075 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 919 | 6.6253 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 2,788 | 6.6189 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 4,145 | 6.5760 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 13,103 | 6.5990 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 14,670 | 6.6223 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 21,381 | 6.5950 GBP | |||
10.5p ordinary | CFD | Increasing Short | 26,753 | 6.6168 GBP | |||
10.5p ordinary | CFD | Increasing Short | 27,832 | 6.6126 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: | 19 Mar 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |
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