Form 8.5 (EPT/NON-RI) - Barratt Developments plc

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

BARRATT DEVELOPMENTS 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:

15 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?

REDROW 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:

10p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

10,312,333

1.06%

3,463,524

0.36%

(2)

Cash-settled derivatives:

and/or controlled:

2,544,479

0.26%

9,061,031

0.93%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

12,856,812

1.32%

12,524,555

1.29%

(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)

Purchases and sales

Class of relevant

Purchase/sale

Total number of

Highest price per unit

Lowest price per unit

security

securities

paid/received

paid/received

10p ordinary

Purchase

1,205,425

5.4920 GBP

5.4134 GBP

10p ordinary

Sale

727,347

5.4801 GBP

5.4139 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

10p ordinary

CFD

Increasing Long

2,083

5.4139 GBP

10p ordinary

CFD

Increasing Long

3,575

5.4140 GBP

10p ordinary

CFD

Increasing Long

13,282

5.4801 GBP

10p ordinary

CFD

Decreasing Long

90,968

5.4144 GBP

10p ordinary

CFD

Opening Short

61,846

5.4213 GBP

10p ordinary

CFD

Increasing Short

6,912

5.4507 GBP

10p ordinary

CFD

Increasing Short

18,940

5.4637 GBP

10p ordinary

SWAP

Decreasing Short

6,304

5.4635 GBP

10p ordinary

SWAP

Decreasing Short

27,700

5.4614 GBP

10p ordinary

SWAP

Decreasing Short

585

5.4567 GBP

10p ordinary

SWAP

Increasing Long

111,524

5.4534 GBP

10p ordinary

SWAP

Decreasing Short

819

5.4534 GBP

10p ordinary

SWAP

Increasing Short

35,779

5.4188 GBP

10p ordinary

SWAP

Increasing Short

725

5.4442 GBP

10p ordinary

SWAP

Increasing Short

1,315

5.4462 GBP

10p ordinary

SWAP

Increasing Short

18,701

5.4625 GBP

10p ordinary

SWAP

Opening Long

4,045

5.4588 GBP

10p ordinary

SWAP

Decreasing Short

15

5.4140 GBP

10p ordinary

SWAP

Decreasing Short

788

5.4480 GBP

10p ordinary

SWAP

Decreasing Short

2,713

5.4508 GBP

10p ordinary

SWAP

Decreasing Short

4,805

5.4543 GBP

10p ordinary

SWAP

Decreasing Short

3,113

5.4564 GBP

10p ordinary

SWAP

Decreasing Short

117

5.4660 GBP

10p ordinary

SWAP

Decreasing Short

18

5.4960 GBP

10p ordinary

SWAP

Increasing Short

138,663

5.4140 GBP

10p ordinary

SWAP

Increasing Short

51,225

5.4167 GBP

10p ordinary

SWAP

Increasing Short

68,847

5.4561 GBP

10p ordinary

SWAP

Increasing Short

24,002

5.4580 GBP

10p ordinary

SWAP

Increasing Short

207

5.4600 GBP

10p ordinary

SWAP

Increasing Short

3,007

5.4628 GBP

10p ordinary

SWAP

Increasing Short

166

5.4640 GBP

10p ordinary

SWAP

Increasing Short

89,103

5.4920 GBP

10p ordinary

SWAP

Decreasing Short

12,207

5.4139 GBP

10p ordinary

SWAP

Decreasing Short

750

5.4405 GBP

10p ordinary

SWAP

Decreasing Short

6,268

5.4438 GBP

10p ordinary

SWAP

Decreasing Short

1,296

5.4461 GBP

10p ordinary

SWAP

Decreasing Short

1,090

5.4568 GBP

10p ordinary

SWAP

Decreasing Short

1,630

5.4630 GBP

10p ordinary

SWAP

Decreasing Short

12,554

5.4676 GBP

10p ordinary

SWAP

Decreasing Short

7,829

5.4678 GBP

10p ordinary

SWAP

Decreasing Short

18,643

5.4685 GBP

10p ordinary

SWAP

Decreasing Short

2,080

5.4709 GBP

10p ordinary

SWAP

Decreasing Short

11,527

5.4755 GBP

10p ordinary

SWAP

Increasing Short

29,018

5.4140 GBP

10p ordinary

SWAP

Increasing Short

2,406

5.4404 GBP

10p ordinary

SWAP

Increasing Short

1,392

5.4438 GBP

10p ordinary

SWAP

Increasing Short

1,730

5.4443 GBP

10p ordinary

SWAP

Increasing Short

2,996

5.4470 GBP

10p ordinary

SWAP

Increasing Short

5,878

5.4477 GBP

10p ordinary

SWAP

Increasing Short

2,211

5.4488 GBP

10p ordinary

SWAP

Increasing Short

1,339

5.4503 GBP

10p ordinary

SWAP

Increasing Short

35,573

5.4522 GBP

10p ordinary

SWAP

Decreasing Short

838

5.4567 GBP

10p ordinary

SWAP

Decreasing Short

7

5.4408 GBP

10p ordinary

SWAP

Increasing Long

2,226

5.4621 GBP

10p ordinary

SWAP

Increasing Long

48,432

5.4664 GBP

10p ordinary

SWAP

Decreasing Short

43

5.4140 GBP

10p ordinary

SWAP

Decreasing Short

1,026

5.4620 GBP

10p ordinary

SWAP

Increasing Short

44,809

5.4140 GBP

10p ordinary

SWAP

Increasing Short

15,835

5.4550 GBP

10p ordinary

SWAP

Increasing Short

19,453

5.4573 GBP

10p ordinary

SWAP

Increasing Short

16,524

5.4920 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:

16 Aug 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213