| FORM 8.5 (EPT/NON-RI)- Amendment to section 3b |
| | | ||||
| Replaces form released on 11:17 29/04/2024 |
| | | ||||
| RNS Number : 4198M |
| | | | | | |
| | | | | | | | |
| 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 | |||||
| | |||||||
| relevant securities this form relates: | |||||||
| (c) | Name of the party to the offer with which exempt | REDROW PLC | |||||
| | |||||||
| principal trader is connected | |||||||
| (d) | Date position held/dealing undertaken: | 26-Apr-24 | |||||
| (e) | In addition to the company in 1(b) above, is the exempt principal | YES: | |||||
| | | ||||||
| trader making disclosures in respect of any other party to the offer? | BARRATT DEVELOPMENTS PLC | ||||||
| 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: | 8,116,083 | 2.45% | 2,743,808 | 0.82% | |||
| (2) Cash-settled derivatives: | 1,487,166 | 0.44% | 7,878,655 | 2.38% | |||
| (3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
|
| 9,603,249 | 2.89% | 10,622,463 | 3.20% | |||
| | |||||||
| TOTAL: | |||||||
| | |||||||
|
| |||||||
|
| | | | | | | |
| (b) | Rights to subscribe for new securities (including directors and other executive options) | ||||||
| Class of relevant security in relation to |
| ||||||
| | |||||||
| which subscription right exists | |||||||
| Details, including nature of the rights |
| ||||||
| | |||||||
| concerned and relevant percentages: | |||||||
| 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 | |||
| | | | | ||||
| security | securities | paid/received | paid/received | ||||
| 10.5p ordinary | Purchase | 208970 | 6.4875 GBP | 6.4259 GBP | |||
| 10.5p ordinary | Sale | 194277 | 6.4950 GBP | 6.4137 GBP | |||
|
| | | | | | | |
| (b) | Cash-settled derivative transactions | ||||||
| Class of | Product description | Nature of dealing | Number of | Price per | |||
| | | | |||||
| relevant | reference | unit | |||||
| | | | |||||
| security | securities | | |||||
| 10.5p ordinary | SWAP | Opening Long | 119 | 6.4149 GBP | |||
| 10.5p ordinary | CFD | Decreasing Short | 1 | 6.4500 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Short | 16 | 6.4468 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Short | 53 | 6.4650 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Short | 115 | 6.4500 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Short | 125 | 6.4463 GBP | |||
| 10.5p ordinary | CFD | Decreasing Short | 266 | 6.4449 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Short | 275 | 6.4462 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Short | 342 | 6.4349 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Short | 633 | 6.4700 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Short | 2,379 | 6.4406 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Short | 3,216 | 6.4369 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Short | 4,197 | 6.4420 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Short | 21,408 | 6.4427 GBP | |||
| 10.5p ordinary | SWAP | Increasing Long | 1,000 | 6.4552 GBP | |||
| 10.5p ordinary | CFD | Increasing Short | 40 | 6.3105 GBP | |||
| 10.5p ordinary | SWAP | Increasing Short | 79 | 6.4350 GBP | |||
| 10.5p ordinary | SWAP | Increasing Short | 200 | 6.4675 GBP | |||
| 10.5p ordinary | CFD | Increasing Short | 710 | 6.4450 GBP | |||
| 10.5p ordinary | SWAP | Increasing Short | 832 | 6.4629 GBP | |||
| 10.5p ordinary | SWAP | Increasing Short | 903 | 6.4555 GBP | |||
| 10.5p ordinary | SWAP | Increasing Short | 2,067 | 6.4404 GBP | |||
| 10.5p ordinary | SWAP | Opening Long | 3,328 | 6.4371 GBP | |||
| 10.5p ordinary | SWAP | Opening Short | 1,977 | 6.4634 GBP | |||
| 10.5p ordinary | SWAP | Opening Short | 2,550 | 6.4716 GBP | |||
| 10.5p ordinary | SWAP | Opening Short | 6,505 | 6.4545 GBP | |||
| 10.5p ordinary | SWAP | Opening Short | 8,372 | 6.4671 GBP | |||
| 10.5p ordinary | SWAP | Opening Short | 11,499 | 6.4566 GBP | |||
| 10.5p ordinary | SWAP | Opening Short | 13,087 | 6.4501 GBP | |||
|
| | | | | | | |
| (c) | Stock-settled derivative transactions (including options) | ||||||
| (i) | Writing, selling, purchasing or varying | ||||||
| Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
| | | | | | | | |
| of | description | purchasing, | of | price | date | money | |
| | | | | | | | |
| relevant | | selling, | securities | per unit | | paid/ | |
| | | | | | | | |
| security | | varying etc | to which | | | received | |
| | | | | | | | |
| | | | option | | | per unit | |
| | | | | | | | |
| | | | relates | | | | |
|
|
|
|
|
|
|
|
|
|
| | | | | | | |
| (ii) | Exercising |
| | | | | |
| Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
| | | | |||||
| security | securities | unit | |||||
|
|
|
|
|
| |||
|
| | | | | | | |
| (d) | Other dealings (including subscribing for new securities) | ||||||
| Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
| | | ||||||
| security | applicable) | ||||||
|
|
|
|
| ||||
| 4 | OTHER INFORMATION | ||||||
| (a) | Indemnity and other dealings arrangements | ||||||
| Details of any indemnity or option arrangement, or any agreement or understanding, | |||||||
| | |||||||
| formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by | |||||||
| | |||||||
| the exempt principal trader making the disclosure and any party | |||||||
| | |||||||
| to the offer or any person acting in concert with a party to the offer: | |||||||
| NONE | |||||||
| (b) | Agreements, arrangements or understandings relating to options or derivatives | ||||||
| Details of any agreement, arrangement or understanding, formal or informal, between | |||||||
| | |||||||
| the exempt principal trader making the disclosure and any other person relating to: | |||||||
| | |||||||
| (i) the voting rights of any relevant securities under any option; or | |||||||
| | |||||||
| (ii) the voting rights of future acquisition or disposal of any relevant securities to which | |||||||
| | |||||||
| any derivative is referenced: | |||||||
| NONE | |||||||
| (c) | Attachments | ||||||
| Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
| Date of disclosure: | 01-May-24 | ||||||
| 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.
