REG - Barclays PLC Redrow PLC - Form 8.5 (EPT/NON-RI) - Redrow plc

RedrowAnnouncement

27/03/2024 11:30

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RNS Number : 5325I  Barclays PLC  27 March 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:                                               26 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:                                                        7,682,553     2.32%         2,471,858     0.75%
 (2) Cash-settled derivatives:                                                                           1,222,896     0.37%         7,513,229     2.27%
 (3) Stock-settled derivatives (including options) and agreements to                                     0             0.00%         0             0.00%
 purchase/sell:
                                                                                                         8,905,449     2.69%         9,985,087     3.02%

 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                   78695                          6.6350  GBP                6.5382  GBP
 10.5p ordinary     Sale                       111238                         6.6395  GBP                6.5528  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                180                        6.5800  GBP
 10.5p ordinary     SWAP                       Decreasing Long                324                        6.6305  GBP
 10.5p ordinary     SWAP                       Decreasing Long                1,204                      6.6300  GBP
 10.5p ordinary     SWAP                       Decreasing Long                1,497                      6.6217  GBP
 10.5p ordinary     SWAP                       Decreasing Long                1,957                      6.6331  GBP
 10.5p ordinary     SWAP                       Decreasing Long                2,543                      6.6293  GBP
 10.5p ordinary     SWAP                       Decreasing Short               14                         6.6316  GBP
 10.5p ordinary     SWAP                       Decreasing Short               21                         6.5940  GBP
 10.5p ordinary     SWAP                       Decreasing Short               249                        6.6169  GBP
 10.5p ordinary     SWAP                       Decreasing Short               402                        6.6200  GBP
 10.5p ordinary     SWAP                       Decreasing Short               543                        6.6270  GBP
 10.5p ordinary     CFD                        Decreasing Short               1,746                      6.5741  GBP
 10.5p ordinary     CFD                        Decreasing Short               1,771                      6.5299  GBP
 10.5p ordinary     SWAP                       Decreasing Short               2,315                      6.6412  GBP
 10.5p ordinary     SWAP                       Decreasing Short               2,340                      6.6359  GBP
 10.5p ordinary     SWAP                       Decreasing Short               17,500                     6.6395  GBP
 10.5p ordinary     SWAP                       Decreasing Short               21,125                     6.6338  GBP
 10.5p ordinary     SWAP                       Decreasing Short               30,428                     6.6342  GBP
 10.5p ordinary     SWAP                       Increasing Long                3,000                      6.6282  GBP
 10.5p ordinary     SWAP                       Increasing Short               8                          6.6150  GBP
 10.5p ordinary     SWAP                       Increasing Short               348                        6.6350  GBP
 10.5p ordinary     SWAP                       Increasing Short               365                        6.6319  GBP
 10.5p ordinary     SWAP                       Increasing Short               404                        6.5926  GBP
 10.5p ordinary     SWAP                       Increasing Short               500                        6.5750  GBP
 10.5p ordinary     SWAP                       Increasing Short               781                        6.6371  GBP
 10.5p ordinary     SWAP                       Increasing Short               900                        6.6055  GBP
 10.5p ordinary     SWAP                       Increasing Short               2,705                      6.5382  GBP
 10.5p ordinary     SWAP                       Increasing Short               2,923                      6.6400  GBP
 10.5p ordinary     CFD                        Increasing Short               11,190                     6.5956  GBP
 10.5p ordinary     SWAP                       Increasing Short               21,082                     6.6344  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:                                                                                     27 Mar 2024
 Contact name:                                                                                           Large Holdings Regulatory Operations
 Telephone number:                                                                                       020 3134 7213

 

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