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

RedrowAnnouncement

22/08/2024 12:00

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RNS Number : 4609B  Barclays PLC  22 August 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:                                               21 Aug 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:                                                        4,217,162     1.27%         3,484,218     1.05%
 (2) Cash-settled derivatives:                                                                           29,822        0.01%         4,582,994     1.39%
 (3) Stock-settled derivatives (including options) and agreements to                                     0             0.00%         0             0.00%
 purchase/sell:
                                                                                                         4,246,984     1.28%         8,067,212     2.44%

 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                   5984859                        7.9256  GBP                7.7900  GBP
 10.5p ordinary     Sale                       5264058                        7.9300  GBP                7.7900  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     CFD                        Increasing Short               800,000                    7.7906  GBP
 10.5p ordinary     CFD                        Increasing Short               536                        7.8734  GBP
 10.5p ordinary     SWAP                       Closing Short                  437,599                    0.0000  GBP
 10.5p ordinary     SWAP                       Opening Long                   636                        7.8832  GBP
 10.5p ordinary     SWAP                       Decreasing Long                300                        7.8950  GBP
 10.5p ordinary     SWAP                       Increasing Long                7,500                      7.8637  GBP
 10.5p ordinary     SWAP                       Decreasing Long                324,714                    0.0000  GBP
 10.5p ordinary     SWAP                       Closing Short                  26,442                     0.0000  GBP
 10.5p ordinary     SWAP                       Closing Short                  555,370                    0.0000  GBP
 10.5p ordinary     SWAP                       Closing Short                  449,431                    0.0000  GBP
 10.5p ordinary     SWAP                       Closing Short                  5,680                      0.0000  GBP
 10.5p ordinary     SWAP                       Closing Short                  3,064,035                  0.0000  GBP
 10.5p ordinary     SWAP                       Opening Long                   27,900                     7.8748  GBP
 10.5p ordinary     SWAP                       Increasing Long                76                         7.9000  GBP
 10.5p ordinary     SWAP                       Increasing Long                2,179                      7.9136  GBP
 10.5p ordinary     SWAP                       Opening Short                  1,228,436                  7.7900  GBP
 10.5p ordinary     SWAP                       Increasing Short               22,402                     7.8710  GBP
 10.5p ordinary     SWAP                       Increasing Short               837                        7.8851  GBP
 10.5p ordinary     SWAP                       Increasing Short               51,905                     7.8865  GBP
 10.5p ordinary     SWAP                       Closing Short                  67,352                     0.0000  GBP
 10.5p ordinary     SWAP                       Closing Short                  68,147                     0.0000  GBP
 10.5p ordinary     SWAP                       Opening Long                   3,316                      7.8874  GBP
 10.5p ordinary     SWAP                       Decreasing Long                232                        7.8800  GBP
 10.5p ordinary     SWAP                       Closing Short                  269,277                    0.0000  GBP
 10.5p ordinary     SWAP                       Closing Short                  596,883                    0.0000  GBP
 10.5p ordinary     SWAP                       Opening Short                  262,500                    7.7905  GBP
 10.5p ordinary     SWAP                       Increasing Short               15,973                     7.8730  GBP
 10.5p ordinary     SWAP                       Opening Short                  500,000                    7.7919  GBP
 10.5p ordinary     SWAP                       Closing Short                  857,643                    0.0000  GBP
 10.5p ordinary     SWAP                       Opening Long                   55,163                     7.8762  GBP
 10.5p ordinary     SWAP                       Increasing Long                530                        7.9075  GBP
 10.5p ordinary     SWAP                       Opening Short                  1,302,280                  7.7900  GBP
 10.5p ordinary     SWAP                       Increasing Short               16,134                     7.8750  GBP
 10.5p ordinary     SWAP                       Increasing Short               31,034                     7.8836  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:                                                                                     22 Aug 2024
 Contact name:                                                                                           Large Holdings Regulatory Operations
 Telephone number:                                                                                       020 3134 7213

 

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