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 Apr 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: | 13,979,679 | 1.43% | 6,251,957 | 0.64% | |||
(2) Cash-settled derivatives: | 5,314,895 | 0.55% | 12,536,663 | 1.29% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
| 19,294,574 | 1.98% | 18,788,620 | 1.93% | |||
| | | | | | | |
(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 | 542068 | 4.5790 GBP | 4.5080 GBP | |||
10p ordinary | Sale | 393500 | 4.5820 GBP | 4.5273 GBP | |||
ADR | Purchase | 1500 | 11.3300 USD | 11.3300 USD | |||
ADR | Sale | 1500 | 11.3300 USD | 11.3300 USD | |||
| | | | | | | |
(b) | Cash-settled derivative transactions | ||||||
Class of | Product description | Nature of dealing | Number of | Price per | |||
10p ordinary | SWAP | Decreasing Long | 2 | 4.5559 GBP | |||
10p ordinary | SWAP | Decreasing Long | 4 | 4.5687 GBP | |||
10p ordinary | SWAP | Decreasing Long | 11 | 4.5617 GBP | |||
10p ordinary | SWAP | Decreasing Long | 21 | 4.5618 GBP | |||
10p ordinary | SWAP | Decreasing Long | 101 | 4.5632 GBP | |||
10p ordinary | SWAP | Decreasing Long | 399 | 4.5524 GBP | |||
10p ordinary | SWAP | Decreasing Long | 544 | 4.5554 GBP | |||
10p ordinary | SWAP | Decreasing Long | 809 | 4.5605 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,281 | 4.5374 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,907 | 4.5079 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,558 | 4.5668 GBP | |||
10p ordinary | SWAP | Decreasing Long | 3,790 | 4.5616 GBP | |||
10p ordinary | SWAP | Decreasing Long | 5,306 | 4.5682 GBP | |||
10p ordinary | CFD | Decreasing Long | 6,657 | 4.5460 GBP | |||
10p ordinary | CFD | Decreasing Long | 7,644 | 4.5320 GBP | |||
10p ordinary | CFD | Decreasing Long | 8,577 | 4.5489 GBP | |||
10p ordinary | CFD | Decreasing Long | 9,644 | 4.5464 GBP | |||
10p ordinary | CFD | Decreasing Long | 15,241 | 4.5493 GBP | |||
10p ordinary | SWAP | Decreasing Long | 19,851 | 4.5614 GBP | |||
10p ordinary | CFD | Decreasing Long | 21,649 | 4.5494 GBP | |||
10p ordinary | SWAP | Decreasing Long | 24,370 | 4.5490 GBP | |||
10p ordinary | SWAP | Decreasing Long | 57,570 | 4.5569 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4 | 4.5759 GBP | |||
10p ordinary | SWAP | Decreasing Short | 52 | 4.5620 GBP | |||
10p ordinary | SWAP | Decreasing Short | 227 | 4.5420 GBP | |||
10p ordinary | SWAP | Decreasing Short | 254 | 4.5160 GBP | |||
10p ordinary | SWAP | Decreasing Short | 324 | 4.5669 GBP | |||
10p ordinary | SWAP | Decreasing Short | 443 | 4.5342 GBP | |||
10p ordinary | SWAP | Decreasing Short | 831 | 4.5486 GBP | |||
10p ordinary | SWAP | Decreasing Short | 884 | 4.5485 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,063 | 4.5454 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,586 | 4.5594 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,847 | 4.5595 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,381 | 4.5468 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,238 | 4.5441 GBP | |||
10p ordinary | SWAP | Decreasing Short | 10,223 | 4.5674 GBP | |||
10p ordinary | SWAP | Decreasing Short | 10,864 | 4.5627 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,822 | 4.5618 GBP | |||
10p ordinary | SWAP | Decreasing Short | 14,842 | 4.5634 GBP | |||
10p ordinary | SWAP | Decreasing Short | 16,010 | 4.5633 GBP | |||
10p ordinary | SWAP | Decreasing Short | 23,932 | 4.5613 GBP | |||
10p ordinary | SWAP | Decreasing Short | 24,406 | 4.5522 GBP | |||
10p ordinary | SWAP | Decreasing Short | 33,819 | 4.5581 GBP | |||
10p ordinary | SWAP | Decreasing Short | 48,884 | 4.5597 GBP | |||
10p ordinary | CFD | Increasing Long | 143 | 4.5320 GBP | |||
10p ordinary | CFD | Increasing Long | 1,500 | 4.5456 GBP | |||
10p ordinary | CFD | Increasing Long | 2,123 | 4.5673 GBP | |||
10p ordinary | CFD | Increasing Long | 6,624 | 4.5443 GBP | |||
10p ordinary | CFD | Increasing Long | 10,880 | 4.5662 GBP | |||
10p ordinary | CFD | Increasing Long | 19,098 | 4.5489 GBP | |||
10p ordinary | SWAP | Increasing Short | 31 | 4.5570 GBP | |||
10p ordinary | SWAP | Increasing Short | 415 | 4.5580 GBP | |||
10p ordinary | SWAP | Increasing Short | 681 | 4.5693 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,139 | 4.5511 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,595 | 4.5521 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,308 | 4.5416 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,930 | 4.5405 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,069 | 4.5552 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,693 | 4.5631 GBP | |||
10p ordinary | SWAP | Increasing Short | 14,968 | 4.5588 GBP | |||
10p ordinary | SWAP | Increasing Short | 152,866 | 4.5490 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: | 29 Apr 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |
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