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RNS Number : 3574G Barclays PLC 11 March 2024
wFORM 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: 08 Mar 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: 7,148,421 2.16% 2,479,422 0.75%
(2) Cash-settled derivatives: 1,213,415 0.37% 6,994,895 2.11%
(3) Stock-settled derivatives (including options) and agreements to 0 0.00% 0 0.00%
purchase/sell:
8,361,836 2.53% 9,474,317 2.86%
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 436361 6.6500 GBP 6.5425 GBP
10.5p ordinary Sale 439861 6.6300 GBP 6.5321 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 17 6.5450 GBP
10.5p ordinary SWAP Decreasing Long 18 6.5650 GBP
10.5p ordinary SWAP Decreasing Long 20 6.6100 GBP
10.5p ordinary SWAP Decreasing Long 430 6.6163 GBP
10.5p ordinary SWAP Decreasing Long 887 6.6200 GBP
10.5p ordinary SWAP Decreasing Long 1,533 6.6477 GBP
10.5p ordinary SWAP Decreasing Short 108 6.6000 GBP
10.5p ordinary SWAP Decreasing Short 125 6.5775 GBP
10.5p ordinary SWAP Decreasing Short 401 6.6300 GBP
10.5p ordinary SWAP Decreasing Short 458 6.5703 GBP
10.5p ordinary SWAP Decreasing Short 3,351 6.5605 GBP
10.5p ordinary CFD Decreasing Short 4,432 6.6000 GBP
10.5p ordinary SWAP Decreasing Short 9,748 6.5945 GBP
10.5p ordinary SWAP Decreasing Short 11,980 6.5716 GBP
10.5p ordinary SWAP Decreasing Short 34,517 6.6200 GBP
10.5p ordinary SWAP Increasing Short 135 6.5837 GBP
10.5p ordinary SWAP Increasing Short 309 6.5655 GBP
10.5p ordinary SWAP Increasing Short 1,023 6.5620 GBP
10.5p ordinary SWAP Increasing Short 1,392 6.5820 GBP
10.5p ordinary SWAP Increasing Short 4,032 6.5806 GBP
10.5p ordinary SWAP Increasing Short 7,102 6.6045 GBP
10.5p ordinary SWAP Increasing Short 42,000 6.6204 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: 11 Mar 2024
Contact name: Large Holdings Regulatory Operations
Telephone number: 020 3134 7213
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