Barclays Capital Securities LTD has released a Form 8.5 (EPT/NON-RI) amendment related to Barratt Developments PLC. The form provides key information about the exempt principal trader, including interests and short positions in the relevant securities of the offeror or offeree. It discloses the total number and percentages of relevant securities owned and controlled, as well as cash-settled and stock-settled derivative transactions, including options. The form also details purchases and sales of 10p ordinary securities, along with their respective quantities and prices per unit.
The disclosed information includes the date of the position held/dealing undertaken, which was 13-Aug-24, and the nature of the rights concerned, such as rights to subscribe for new securities. The form outlines the cash-settled derivative transactions, including the product description, nature of dealing, and the number of relevant securities, along with their respective price per unit. Additionally, it provides a comprehensive list of stock-settled derivative transactions, including options, with details of increasing long and short positions, decreasing long and short positions, opening short positions, and decreasing short positions, among others.
The disclosed information is in compliance with Rule 8.5 of the Takeover Code (the "Code"). The form aims to provide transparency regarding the exempt principal trader's dealings and positions in relation to Barratt Developments PLC, offering insights into their interests, short positions, and derivative transactions.