REG - State Street Global Redrow PLC Barratt Developments - Form 8.3 - Barratt Developments plc

RedrowAnnouncement

22/08/2024 14:45

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RNS Number : 4742B  State Street Global Advisors  22 August 2024

FORM 8.3

 

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

 (a) Full name of discloser:                                                      State Street Global Advisors & Affiliates

 (b) Owner or controller of interests and short positions disclosed, if
 different from 1(a):

      The naming of nominee or vehicle companies is insufficient.  For a
 trust, the trustee(s), settlor and beneficiaries must be named.
 (c) Name of offeror/offeree in relation to whose relevant securities this form
 relates:

                                                                                Barratt Developments plc
      Use a separate form for each offeror/offeree
 (d) If an exempt fund manager connected with an offeror/offeree, state this
 and specify identity of offeror/offeree:
 (e) Date position held/dealing undertaken:

      For an opening position disclosure, state the latest practicable date       21-August-2024
 prior to the disclosure
 (f)  In addition to the company in 1(c) above, is the discloser making           YES / NO / N/A
 disclosures in respect of any other party to the offer?

                                                                                If YES, specify which:
      If it is a cash offer or possible cash offer, state "N/A"

                                                                                  Yes, Redrow plc

 

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

 

If there are positions or rights to subscribe to disclose in more than one
class of relevant securities of the offeror or offeree named in 1(c), copy
table 2(a) or (b) (as appropriate) for each additional class of relevant
security.

 

(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:                                          10p ordinary

                                                                      Interests             Short positions

                                                                      Number      %         Number    %
 (1) Relevant securities owned and/or controlled:                     32,159,276  3.29977%
 (2) Cash-settled derivatives:                                        2,430       0.00025%

 (3) Stock-settled derivatives (including options) and agreements to
 purchase/sell:
                                                                      32,161,706  3.30002%

      TOTAL:

 

The change in the holding 480 shares since the last disclosure for dealing
20(th) August 2024 is due to the transfer out of a discretionary holding.

 

All interests and all short positions should be disclosed.

 

Details of any open stock-settled derivative positions (including traded
options), or agreements to purchase or sell relevant securities, should be
given on a Supplemental Form 8 (Open Positions).

 

(b)        Rights to subscribe for new securities (including directors'
and other employee 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 PERSON MAKING THE DISCLOSURE

 

Where there have been dealings in more than one class of relevant securities
of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as
appropriate) for each additional class of relevant security dealt in.

 

The currency of all prices and other monetary amounts should be stated.

 

(a)        Purchases and sales

 

 Class of relevant security  Purchase/sale  Number of securities  Price per unit

 10p ordinary                Purchase       35,800                GBP 5.43
 10p ordinary                Purchase       25,800                GBP 5.43
 10p ordinary                Purchase       13,200                GBP 5.43
 10p ordinary                Purchase       20,800                GBP 5.43
 10p ordinary                Purchase       7,000                 GBP 5.43
 10p ordinary                Purchase       28,100                GBP 5.43
 10p ordinary                Purchase       21,000                GBP 5.43
 10p ordinary                Purchase       18,243                GBP 5.43
 10p ordinary                Purchase       8,157                 GBP 5.43
 10p ordinary                Purchase       178,800               GBP 5.43
 10p ordinary                Purchase       97,300                GBP 5.43
 10p ordinary                Purchase       14,696                GBP 5.4331
 10p ordinary                Purchase       6,903                 GBP 5.4332
 10p ordinary                Purchase       27,100                GBP 5.43
 10p ordinary                Purchase       8,900                 GBP 5.43
 10p ordinary                Purchase       15,788                GBP 5.43
 10p ordinary                Purchase       30,179                GBP 5.43
 10p ordinary                Purchase       8,000                 GBP 5.43
 10p ordinary                Purchase       162,489               GBP 5.43
 10p ordinary                Purchase       20,884                GBP 5.43
 10p ordinary                Purchase       10,219                GBP 5.4331
 10p ordinary                Purchase       2,000                 GBP 5.43
 10p ordinary                Purchase       9,361                 GBP 5.4331
 10p ordinary                Purchase       7,740                 GBP 5.43
 10p ordinary                Purchase       2,157                 GBP 5.433102
 10p ordinary                Purchase       47,222                GBP 5.4331
 10p ordinary                Purchase       36,000                GBP 5.43
 10p ordinary                Purchase       12,400                GBP 5.43
 10p ordinary                Purchase       1,557                 GBP 5.433102
 10p ordinary                Purchase       4,950                 GBP 5.43
 10p ordinary                Purchase       2,623                 GBP 5.4331
 10p ordinary                Purchase       7,900                 GBP 5.43
 10p ordinary                Purchase       6,867                 GBP 5.43
 10p ordinary                Purchase       27,250                GBP 5.43
 10p ordinary                Purchase       1,350                 GBP 5.43
 10p ordinary                Purchase       311,225               GBP 5.4331
 10p ordinary                Purchase       33,353                GBP 5.511
 10p ordinary                Purchase       2,936                 GBP 5.43

 

 

(b)        Cash-settled derivative transactions

 

 Class of relevant security  Product description  Nature of dealing                                                              Number of reference securities  Price per unit

                             e.g. CFD             e.g. opening/closing a long/short position, increasing/reducing a long/short
                                                  position

 

 

(c)        Stock-settled derivative transactions (including options)

 

(i)         Writing, selling, purchasing or varying

 

 Class of relevant security  Product description e.g. call option  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

                                                                                                                                                                                      e.g. American, European etc.

 

(ii)        Exercise

 

 Class of relevant security  Product description  Exercising/ exercised against  Number of securities  Exercise price per unit

                             e.g. call option

 

(d)        Other dealings (including subscribing for new securities)

 

 Class of relevant security  Nature of dealing               Details  Price per unit (if applicable)

                             e.g. subscription, conversion

 

4.         OTHER INFORMATION

 

(a)        Indemnity and other dealing 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 person
 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

 

 Details of any agreement, arrangement or understanding, formal or informal,
 between the person 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 or future acquisition or disposal of any relevant
 securities to which any derivative is referenced:

 If there are no such agreements, arrangements or understandings, state "none"

 None

 

(c)        Attachments

 

 Is a Supplemental Form 8 (Open Positions) attached?  No

 

 Date of disclosure:

                      22-August-2024
 Contact name:        Divya K
 Telephone number*:   +918067452364

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory
Information Service.

 

The Panel's Market Surveillance Unit is available for consultation in relation
to the Code's disclosure requirements on +44 (0)20 7638 0129.

 

*If the discloser is a natural person, a telephone number does not need to be
included, provided contact information has been provided to the Panel's Market
Surveillance Unit.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk
(http://www.thetakeoverpanel.org.uk) .

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