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 relevant securities this form relates:

BARRATT DEVELOPMENTS PLC

(c)

Name of the party to the offer with which exempt principal trader is connected

 REDROW PLC

(d)

Date position held/dealing undertaken:

07 Aug 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: 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:

10,247,218

1.05%

4,526,118

0.46%

(2) Cash-settled derivatives:

3,634,676

0.37%

8,959,663

0.92%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

13,881,894

1.42%

13,485,781

1.38%

(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

10p ordinary

Purchase

951624

5.2400 GBP

5.1220 GBP

10p ordinary

Sale

1103429

5.2400 GBP

5.1780 GBP

ADR

Purchase

2000

13.2100 USD

13.2100 USD

ADR

Sale

2000

13.2100 USD

13.2100 USD

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

10p ordinary

CFD

Decreasing Short

1,033

5.1779 GBP

10p ordinary

CFD

Decreasing Short

52

5.1811 GBP

10p ordinary

CFD

Opening Long

120,822

5.2100 GBP

10p ordinary

CFD

Increasing Long

2,958

5.2120 GBP

10p ordinary

CFD

Increasing Long

2,244

5.2183 GBP

10p ordinary

CFD

Increasing Long

302

5.2215 GBP

10p ordinary

CFD

Decreasing Long

575

5.1784 GBP

10p ordinary

CFD

Decreasing Long

14,686

5.2095 GBP

10p ordinary

CFD

Decreasing Long

12,105

5.2099 GBP

10p ordinary

CFD

Decreasing Long

9,741

5.2240 GBP

10p ordinary

SWAP

Decreasing Short

599

5.2068 GBP

10p ordinary

SWAP

Increasing Short

2,900

5.2237 GBP

10p ordinary

SWAP

Decreasing Short

696

5.2138 GBP

10p ordinary

SWAP

Increasing Long

3,677

5.2089 GBP

10p ordinary

SWAP

Increasing Long

29,309

5.2094 GBP

10p ordinary

SWAP

Decreasing Short

259

5.1780 GBP

10p ordinary

SWAP

Decreasing Short

25,550

5.2029 GBP

10p ordinary

SWAP

Decreasing Short

47,424

5.2100 GBP

10p ordinary

SWAP

Decreasing Short

2,447

5.2170 GBP

10p ordinary

SWAP

Decreasing Short

221

5.2260 GBP

10p ordinary

SWAP

Increasing Short

109,727

5.1220 GBP

10p ordinary

SWAP

Increasing Short

5,345

5.1992 GBP

10p ordinary

SWAP

Increasing Short

115,311

5.2087 GBP

10p ordinary

SWAP

Increasing Short

1,548

5.2159 GBP

10p ordinary

SWAP

Increasing Short

3,098

5.2284 GBP

10p ordinary

SWAP

Decreasing Short

14,675

5.2027 GBP

10p ordinary

SWAP

Decreasing Short

1,546

5.2029 GBP

10p ordinary

SWAP

Decreasing Short

2,054

5.2038 GBP

10p ordinary

SWAP

Decreasing Short

10,625

5.2041 GBP

10p ordinary

SWAP

Decreasing Short

127,137

5.2058 GBP

10p ordinary

SWAP

Decreasing Short

88,024

5.2099 GBP

10p ordinary

SWAP

Decreasing Short

3,889

5.2110 GBP

10p ordinary

SWAP

Decreasing Short

927

5.2122 GBP

10p ordinary

SWAP

Decreasing Short

8,815

5.2138 GBP

10p ordinary

SWAP

Decreasing Short

10,707

5.2175 GBP

10p ordinary

SWAP

Decreasing Short

9,613

5.2192 GBP

10p ordinary

SWAP

Decreasing Short

6,121

5.2306 GBP

10p ordinary

SWAP

Increasing Short

45,900

5.2072 GBP

10p ordinary

SWAP

Decreasing Short

1,261

5.2142 GBP

10p ordinary

SWAP

Increasing Long

25,200

5.2096 GBP

10p ordinary

SWAP

Increasing Long

10

5.2100 GBP

10p ordinary

SWAP

Increasing Long

13,710

5.2239 GBP

10p ordinary

SWAP

Decreasing Long

85,721

5.1220 GBP

10p ordinary

SWAP

Opening Short

26,501

5.2085 GBP

10p ordinary

SWAP

Opening Short

20,500

5.1220 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:

08 Aug 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213