| 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: | 22 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: | 8,880,880 | 0.91% | 7,874,192 | 0.81% | |||
| (2) Cash-settled derivatives: | 6,960,675 | 0.71% | 7,449,643 | 0.76% | |||
| (3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
| | 15,841,555 | 1.63% | 15,323,835 | 1.57% | |||
|
| | | | | | | |
| (b) | Rights to subscribe for new securities (including directors and other executive options) | ||||||
| Class of relevant security in relation to |
| ||||||
| Details, including nature of the rights |
| ||||||
| 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 | 1645575 | 4.7930 GBP | 4.7240 GBP | |||
| 10p ordinary | Sale | 871945 | 4.7930 GBP | 4.7278 GBP | |||
|
| | | | | | | |
| (b) | Cash-settled derivative transactions | ||||||
| Class of | Product description | Nature of dealing | Number of | Price per | |||
| 10p ordinary | SWAP | Closing Short | 4,224 | 4.7452 GBP | |||
| 10p ordinary | SWAP | Closing Short | 8,779 | 4.7450 GBP | |||
| 10p ordinary | SWAP | Decreasing Long | 15 | 4.7689 GBP | |||
| 10p ordinary | SWAP | Decreasing Long | 161 | 4.7632 GBP | |||
| 10p ordinary | SWAP | Decreasing Long | 382 | 4.7666 GBP | |||
| 10p ordinary | SWAP | Decreasing Long | 436 | 4.7716 GBP | |||
| 10p ordinary | SWAP | Decreasing Long | 445 | 4.7740 GBP | |||
| 10p ordinary | SWAP | Decreasing Long | 483 | 4.7687 GBP | |||
| 10p ordinary | SWAP | Decreasing Long | 582 | 4.7708 GBP | |||
| 10p ordinary | SWAP | Decreasing Long | 1,521 | 4.7644 GBP | |||
| 10p ordinary | SWAP | Decreasing Long | 2,914 | 4.7690 GBP | |||
| 10p ordinary | SWAP | Decreasing Long | 3,152 | 4.7688 GBP | |||
| 10p ordinary | CFD | Decreasing Long | 3,321 | 4.7520 GBP | |||
| 10p ordinary | SWAP | Decreasing Long | 4,369 | 4.7677 GBP | |||
| 10p ordinary | SWAP | Decreasing Long | 4,907 | 4.7450 GBP | |||
| 10p ordinary | SWAP | Decreasing Long | 5,227 | 4.7759 GBP | |||
| 10p ordinary | SWAP | Decreasing Long | 7,667 | 4.7645 GBP | |||
| 10p ordinary | CFD | Decreasing Long | 8,304 | 4.7450 GBP | |||
| 10p ordinary | CFD | Decreasing Long | 87,325 | 4.7453 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 929 | 4.7444 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 935 | 4.7510 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 3,356 | 4.7653 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 4,999 | 4.7691 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 10,537 | 4.7655 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 42,249 | 4.7504 GBP | |||
| 10p ordinary | SWAP | Increasing Long | 39 | 4.7779 GBP | |||
| 10p ordinary | SWAP | Increasing Long | 123 | 4.7787 GBP | |||
| 10p ordinary | SWAP | Increasing Long | 155 | 4.7801 GBP | |||
| 10p ordinary | SWAP | Increasing Long | 208 | 4.7759 GBP | |||
| 10p ordinary | CFD | Increasing Long | 2,521 | 4.7823 GBP | |||
| 10p ordinary | SWAP | Increasing Long | 5,500 | 4.7755 GBP | |||
| 10p ordinary | CFD | Increasing Long | 18,804 | 4.7654 GBP | |||
| 10p ordinary | CFD | Increasing Long | 21,560 | 4.7687 GBP | |||
| 10p ordinary | SWAP | Increasing Long | 25,016 | 4.7449 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 112 | 4.7760 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 534 | 4.7657 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 649 | 4.7659 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 1,320 | 4.7639 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 10,339 | 4.7684 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 20,025 | 4.7753 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 43,569 | 4.7454 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 46,839 | 4.7722 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 57,090 | 4.7620 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 62,776 | 4.7740 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 450,493 | 4.7450 GBP | |||
| 10p ordinary | SWAP | Opening Short | 757 | 4.7450 GBP | |||
| 10p ordinary | SWAP | Opening Short | 24,442 | 4.7601 GBP | |||
| 10p ordinary | SWAP | Opening Short | 29,359 | 4.7467 GBP | |||
|
| | | | | | | |
| (c) | Stock-settled derivative transactions (including options) | ||||||
| (i) | Writing, selling, purchasing or varying | ||||||
| Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
|
|
|
|
|
|
|
|
|
|
| | | | | | | |
| (ii) | Exercising |
| | | | | |
| Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
|
|
|
|
|
| |||
|
| | | | | | | |
| (d) | Other dealings (including subscribing for new securities) | ||||||
| Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
|
|
|
|
| ||||
| 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: | 25 Mar 2024 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
