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RNS Number : 9614D Barclays PLC 21 February 2024
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: 20 Feb 2024
(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: 7,269,855 2.20% 2,681,566 0.81%
(2) Cash-settled derivatives: 1,353,648 0.41% 7,065,041 2.14%
(3) Stock-settled derivatives (including options) and agreements to 0 0.00% 0 0.00%
purchase/sell:
8,623,503 2.61% 9,746,607 2.95%
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 373527 6.7550 GBP 6.6800 GBP
10.5p ordinary Sale 189260 6.7599 GBP 6.6700 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 Decreasing Long 114 6.7200 GBP
10.5p ordinary SWAP Decreasing Long 170 6.7140 GBP
10.5p ordinary SWAP Decreasing Long 360 6.7083 GBP
10.5p ordinary SWAP Decreasing Long 2,367 6.7081 GBP
10.5p ordinary SWAP Decreasing Short 100 6.7049 GBP
10.5p ordinary SWAP Decreasing Short 394 6.6700 GBP
10.5p ordinary SWAP Decreasing Short 1,473 6.7200 GBP
10.5p ordinary SWAP Decreasing Short 2,448 6.7075 GBP
10.5p ordinary CFD Decreasing Short 8,679 6.6800 GBP
10.5p ordinary SWAP Decreasing Short 10,532 6.7321 GBP
10.5p ordinary SWAP Decreasing Short 14,052 6.7205 GBP
10.5p ordinary SWAP Decreasing Short 19,554 6.7278 GBP
10.5p ordinary SWAP Decreasing Short 25,810 6.7285 GBP
10.5p ordinary SWAP Increasing Long 16 6.7599 GBP
10.5p ordinary SWAP Increasing Short 1 6.7200 GBP
10.5p ordinary SWAP Increasing Short 131 6.7000 GBP
10.5p ordinary SWAP Increasing Short 205 6.7150 GBP
10.5p ordinary CFD Increasing Short 310 6.6800 GBP
10.5p ordinary SWAP Increasing Short 350 6.7366 GBP
10.5p ordinary SWAP Increasing Short 644 6.7250 GBP
10.5p ordinary SWAP Increasing Short 689 6.7259 GBP
10.5p ordinary SWAP Increasing Short 913 6.7080 GBP
10.5p ordinary SWAP Increasing Short 920 6.7117 GBP
10.5p ordinary CFD Increasing Short 1,060 6.6809 GBP
10.5p ordinary SWAP Increasing Short 2,246 6.7311 GBP
10.5p ordinary SWAP Increasing Short 3,974 6.7119 GBP
10.5p ordinary SWAP Increasing Short 5,003 6.7301 GBP
10.5p ordinary SWAP Increasing Short 62,435 6.7285 GBP
10.5p ordinary SWAP Increasing Short 88,625 6.7291 GBP
10.5p ordinary SWAP Increasing Short 100,000 6.7154 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: 21 Feb 2024
Contact name: Large Holdings Regulatory Operations
Telephone number: 020 3134 7213
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