Source - LSE Regulatory
RNS Number : 0938W
Barclays PLC
11 July 2024
 

FORM 38.5(b)

IRISH TAKEOVER PANEL

OPENING POSITION DISCLOSURE/DEALING DISCLOSURE

UNDER RULE 38.5(b) OF THE IRISH TAKEOVER

PANEL ACT, 1997, TAKEOVER RULES, 2022 BY A CONNECTED

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED

INTERMEDIARY STATUS, OR WITH RECOGNISED INTERMEDIARY

STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose

 relevant securities this form relates:

IRISH RESIDENTIAL PROPERTIES REIT PLC

(c)

Name of the party to the offer with which exempt

 principal trader is connected (Note 1)

IRISH RESIDENTIAL PROPERTIES REIT PLC

(d)

Date position held/dealing undertaken:

10 Jul 2024

(e)

In addition to the company in 1(b) above, is the exempt principal

 trader making disclosures in respect of any other party to the offer?

No

2.

INTERESTS AND SHORT POSITIONS

 

Interests and short positions in the relevant securities of the offeror

 

or offeree to which the disclosure relates following the dealing (if any) (Note 2)

Class of relevant security:

 


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

7,640,990

1.44%

665,959

0.13%

(2) Cash-settled derivatives:

529,452

0.10%

7,414,962

1.40%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

8,170,442

1.54%

8,080,921

1.53%

 








3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER (Note 4)

(a)

Purchase and sales

 






Class of relevant

 security

Purchase/sale

Total number of

 securities

Highest price per unit

 paid/received

Lowest price per unit

 paid/received

€0.10 ordinary shares

Purchase

7,385

                   0.9109 EUR

                   0.9109 EUR

€0.10 ordinary shares

Purchase

20,639

                   0.9064 EUR

                   0.9064 EUR

€0.10 ordinary shares

Purchase

25,639

                   0.9075 EUR

                   0.9075 EUR

€0.10 ordinary shares

Purchase

128,375

                   0.9100 EUR

                   0.9100 EUR

€0.10 ordinary shares

Purchase

154,772

                   0.9085 EUR

                   0.9085 EUR

€0.10 ordinary shares

Purchase

1,161,962

                   0.9050 EUR

                   0.9050 EUR

€0.10 ordinary shares

Sale

1,617

                   0.9100 EUR

                   0.9100 EUR

€0.10 ordinary shares

Sale

51,278

                   0.9075 EUR

                   0.9075 EUR

€0.10 ordinary shares

Sale

150,000

                   0.9087 EUR

                   0.9087 EUR

€0.10 ordinary shares

Sale

1,164,263

                   0.9051 EUR

                   0.9051 EUR

€0.10 ordinary shares

Purchase

347

                   0.9150 EUR

                   0.9150 EUR

€0.10 ordinary shares

Purchase

1,954

                   0.9102 EUR

                   0.9102 EUR

€0.10 ordinary shares

Purchase

22,186

                   0.9120 EUR

                   0.9120 EUR

€0.10 ordinary shares

Purchase

30,126

                   0.9099 EUR

                   0.9099 EUR

€0.10 ordinary shares

Purchase

103,021

                   0.9100 EUR

                   0.9100 EUR

€0.10 ordinary shares

Purchase

150,000

                   0.9085 EUR

                   0.9085 EUR

€0.10 ordinary shares

Purchase

1,000,000

                   0.9050 EUR

                   0.9050 EUR

€0.10 ordinary shares

Sale

347

                   0.9150 EUR

                   0.9150 EUR

€0.10 ordinary shares

Sale

1,954

                   0.9102 EUR

                   0.9102 EUR

€0.10 ordinary shares

Sale

22,186

                   0.9120 EUR

                   0.9120 EUR

€0.10 ordinary shares

Sale

30,126

                   0.9099 EUR

                   0.9099 EUR

€0.10 ordinary shares

Sale

103,021

                   0.9100 EUR

                   0.9100 EUR

€0.10 ordinary shares

Sale

150,000

                   0.9085 EUR

                   0.9085 EUR

€0.10 ordinary shares

Sale

1,000,000

                   0.9050 EUR

                   0.9050 EUR

 








(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

€0.10 ordinary shares

SWAP

Long

27

                   0.9100 EUR

€0.10 ordinary shares

CFD

Long

1590

                   0.9100 EUR

€0.10 ordinary shares

SWAP

Long

25639

                   0.9075 EUR

€0.10 ordinary shares

SWAP

Short

300

                   0.9120 EUR

€0.10 ordinary shares

CFD

Short

4772

                   0.9099 EUR

€0.10 ordinary shares

SWAP

Short

5084

                   0.9110 EUR

€0.10 ordinary shares

SWAP

Short

20639

                   0.9064 EUR

€0.10 ordinary shares

CFD

Short

102721

                   0.9100 EUR

 








(c)

Stock-settled derivative transactions  (including options)

(i)

Writing, selling, purchasing or varying

Class

 of

 relevant

 security

Product

 description

Writing,

 purchasing,

 selling,

 varying etc

Number

 of

 securities

 to which

 option

 relates

Exercise

 price

 per unit

Type

Expiry

 date

Option

 money

 paid/

 received

 per unit

 

 

 

 

 

 

 

 

 








(ii)

Exercising

 






Class of relevant

 security

Product description

Exercising/ exercised against

Number of

 securities

Exercise price per

 unit

 

 

 

 

 

 








(d)

Other dealings (including subscribing for new securities)

Class of relevant

 security

Nature of Dealings

Details

Price per unit (if

 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:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

11 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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.
 
END
 
 
ITPEAAXFFEELEFA
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts