Form 8.5 (EPT/NON-RI) - Redrow plc

By Regulatory News

Regulatory News | 28 Mar, 2024

Updated : 09:42

RNS Number : 6930I

Barclays PLC

28 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 relevant securities this form relates:	REDROW PLC
(c)	Name of the party to the offer with which exempt principal trader is connected	REDROW PLC
(d)	Date position held/dealing undertaken:	27 Mar 2024
(e)	In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?	YES: 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:	7,740,701	2.34%	2,467,591	0.75%
(2) Cash-settled derivatives:	1,223,816	0.37%	7,571,377	2.29%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00%	0	0.00%
TOTAL:	8,964,517	2.71%	10,038,968	3.04%

(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 security	Purchase/sale	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
10.5p ordinary	Purchase	182393	6.7050 GBP	6.6150 GBP
10.5p ordinary	Sale	119978	6.7000 GBP	6.6000 GBP

(b)	Cash-settled derivative transactions
Class of relevant security	Product description	Nature of dealing	Number of reference securities	Price per unit
10.5p ordinary	SWAP	Decreasing Long	17	6.6200 GBP
10.5p ordinary	SWAP	Decreasing Long	501	6.6549 GBP
10.5p ordinary	SWAP	Decreasing Short	14	6.6773 GBP
10.5p ordinary	SWAP	Decreasing Short	21	6.6714 GBP
10.5p ordinary	SWAP	Decreasing Short	132	6.6450 GBP
10.5p ordinary	SWAP	Decreasing Short	184	6.6000 GBP
10.5p ordinary	SWAP	Decreasing Short	211	6.6682 GBP
10.5p ordinary	SWAP	Decreasing Short	211	6.6699 GBP
10.5p ordinary	SWAP	Decreasing Short	1,169	6.6850 GBP
10.5p ordinary	SWAP	Decreasing Short	24,614	6.6863 GBP
10.5p ordinary	SWAP	Decreasing Short	30,135	6.6869 GBP
10.5p ordinary	SWAP	Increasing Long	800	6.6844 GBP
10.5p ordinary	SWAP	Increasing Short	395	6.6626 GBP
10.5p ordinary	SWAP	Increasing Short	516	6.6573 GBP
10.5p ordinary	SWAP	Increasing Short	571	6.6580 GBP
10.5p ordinary	SWAP	Increasing Short	747	6.6641 GBP
10.5p ordinary	SWAP	Increasing Short	1,093	6.6632 GBP
10.5p ordinary	SWAP	Increasing Short	3,449	6.6359 GBP
10.5p ordinary	CFD	Increasing Short	8,545	6.6532 GBP
10.5p ordinary	CFD	Increasing Short	19,540	6.6849 GBP
10.5p ordinary	SWAP	Increasing Short	79,983	6.6860 GBP
10.5p ordinary	SWAP	Opening Long	638	6.6850 GBP

(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class of relevant security	Product description	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


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


(d)	Other dealings (including subscribing for new securities)
Class of relevant security	Nature of Dealings	Details	Price per unit (if 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:	28 Mar 2024
Contact name:	Large Holdings Regulatory Operations
Telephone number:	020 3134 7213

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Form 8.5 (EPT/NON-RI) - Redrow plc

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