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: | 26 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: | 8,753,669 | 0.90% | 7,230,006 | 0.74% | |||
(2) Cash-settled derivatives: | 6,356,182 | 0.65% | 7,355,101 | 0.75% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
| 15,109,851 | 1.55% | 14,585,107 | 1.50% | |||
| | | | | | | |
(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 | 1899970 | 4.7500 GBP | 4.6740 GBP | |||
10p ordinary | Sale | 1414780 | 4.7490 GBP | 4.6710 GBP | |||
| | | | | | | |
(b) | Cash-settled derivative transactions | ||||||
Class of | Product description | Nature of dealing | Number of | Price per | |||
10p ordinary | SWAP | Closing Short | 18 | 4.7111 GBP | |||
10p ordinary | SWAP | Closing Short | 30 | 4.7387 GBP | |||
10p ordinary | SWAP | Closing Short | 37 | 4.7408 GBP | |||
10p ordinary | SWAP | Closing Short | 56 | 4.7415 GBP | |||
10p ordinary | SWAP | Closing Short | 239 | 4.7386 GBP | |||
10p ordinary | SWAP | Closing Short | 4,705 | 4.7288 GBP | |||
10p ordinary | SWAP | Closing Short | 16,465 | 4.7430 GBP | |||
10p ordinary | SWAP | Closing Short | 17,919 | 4.7430 GBP | |||
10p ordinary | SWAP | Closing Short | 22,470 | 4.7427 GBP | |||
10p ordinary | SWAP | Closing Short | 28,526 | 4.7430 GBP | |||
10p ordinary | CFD | Decreasing Long | 64 | 4.7429 GBP | |||
10p ordinary | SWAP | Decreasing Long | 70 | 4.7345 GBP | |||
10p ordinary | SWAP | Decreasing Long | 522 | 4.7379 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,421 | 4.7382 GBP | |||
10p ordinary | SWAP | Decreasing Long | 5,909 | 4.7371 GBP | |||
10p ordinary | CFD | Decreasing Long | 29,220 | 4.7206 GBP | |||
10p ordinary | CFD | Decreasing Long | 34,325 | 4.7433 GBP | |||
10p ordinary | SWAP | Decreasing Long | 263,887 | 4.6770 GBP | |||
10p ordinary | SWAP | Decreasing Short | 17 | 4.7120 GBP | |||
10p ordinary | SWAP | Decreasing Short | 137 | 4.7360 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,048 | 4.7418 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,157 | 4.7305 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,789 | 4.7415 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,847 | 4.7036 GBP | |||
10p ordinary | SWAP | Decreasing Short | 17,271 | 4.7328 GBP | |||
10p ordinary | SWAP | Decreasing Short | 70,298 | 4.7358 GBP | |||
10p ordinary | SWAP | Decreasing Short | 92,359 | 4.7340 GBP | |||
10p ordinary | SWAP | Increasing Long | 22 | 4.7345 GBP | |||
10p ordinary | SWAP | Increasing Long | 48 | 4.7345 GBP | |||
10p ordinary | CFD | Increasing Long | 2,447 | 4.6936 GBP | |||
10p ordinary | CFD | Increasing Long | 16,114 | 4.7189 GBP | |||
10p ordinary | CFD | Increasing Long | 20,774 | 4.7369 GBP | |||
10p ordinary | CFD | Increasing Long | 22,612 | 4.7224 GBP | |||
10p ordinary | CFD | Increasing Long | 26,773 | 4.7430 GBP | |||
10p ordinary | SWAP | Increasing Short | 755 | 4.7440 GBP | |||
10p ordinary | SWAP | Increasing Short | 759 | 4.7331 GBP | |||
10p ordinary | SWAP | Increasing Short | 884 | 4.7336 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,270 | 4.7329 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,798 | 4.7305 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,482 | 4.7350 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,852 | 4.7311 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,893 | 4.7396 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,112 | 4.7412 GBP | |||
10p ordinary | SWAP | Increasing Short | 14,713 | 4.7431 GBP | |||
10p ordinary | SWAP | Increasing Short | 16,625 | 4.7361 GBP | |||
10p ordinary | SWAP | Increasing Short | 48,659 | 4.7363 GBP | |||
10p ordinary | SWAP | Increasing Short | 64,398 | 4.7430 GBP | |||
10p ordinary | SWAP | Increasing Short | 381,831 | 4.7369 GBP | |||
10p ordinary | SWAP | Opening Long | 63 | 4.7073 GBP | |||
10p ordinary | SWAP | Opening Long | 398 | 4.6861 GBP | |||
10p ordinary | SWAP | Opening Long | 615 | 4.6891 GBP | |||
10p ordinary | SWAP | Opening Long | 1,498 | 4.6801 GBP | |||
10p ordinary | SWAP | Opening Long | 6,094 | 4.7374 GBP | |||
10p ordinary | SWAP | Opening Long | 8,311 | 4.7335 GBP | |||
10p ordinary | SWAP | Opening Long | 8,315 | 4.7429 GBP | |||
10p ordinary | SWAP | Opening Long | 17,785 | 4.7326 GBP | |||
10p ordinary | SWAP | Opening Long | 28,385 | 4.7352 GBP | |||
10p ordinary | SWAP | Opening Long | 29,816 | 4.7333 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: | 27 Mar 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |
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