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:

19 Jun 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:

12,335,632

1.27%

3,963,034

0.41%

(2) Cash-settled derivatives:

3,239,807

0.33%

10,911,158

1.12%

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

0

0.00%

0

0.00%

TOTAL: 

15,575,439

1.60%

14,874,192

1.53%

(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

696486

4.8285 GBP

4.6744 GBP

10p ordinary

Sale

541981

4.7984 GBP

4.6745 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

10p ordinary

SWAP

Closing Long

170

4.7190 GBP

10p ordinary

SWAP

Closing Long

296

4.6847 GBP

10p ordinary

SWAP

Closing Long

350

4.6870 GBP

10p ordinary

SWAP

Closing Long

733

4.6834 GBP

10p ordinary

SWAP

Closing Long

2,688

4.6960 GBP

10p ordinary

SWAP

Decreasing Long

56

4.7699 GBP

10p ordinary

SWAP

Decreasing Long

57

4.7313 GBP

10p ordinary

SWAP

Decreasing Long

93

4.6805 GBP

10p ordinary

SWAP

Decreasing Long

101

4.6799 GBP

10p ordinary

SWAP

Decreasing Long

115

4.6800 GBP

10p ordinary

SWAP

Decreasing Long

197

4.7082 GBP

10p ordinary

SWAP

Decreasing Long

242

4.7964 GBP

10p ordinary

SWAP

Decreasing Long

572

4.7275 GBP

10p ordinary

SWAP

Decreasing Long

690

4.6744 GBP

10p ordinary

SWAP

Decreasing Long

906

4.6847 GBP

10p ordinary

SWAP

Decreasing Long

1,111

4.7018 GBP

10p ordinary

SWAP

Decreasing Long

1,208

4.7126 GBP

10p ordinary

SWAP

Decreasing Long

1,613

4.6926 GBP

10p ordinary

SWAP

Decreasing Long

2,254

4.6834 GBP

10p ordinary

SWAP

Decreasing Long

3,362

4.7052 GBP

10p ordinary

SWAP

Decreasing Long

5,122

4.7000 GBP

10p ordinary

SWAP

Decreasing Long

5,490

4.6901 GBP

10p ordinary

SWAP

Decreasing Long

10,844

4.6894 GBP

10p ordinary

SWAP

Decreasing Long

41,652

4.6870 GBP

10p ordinary

SWAP

Decreasing Short

15

4.6820 GBP

10p ordinary

SWAP

Decreasing Short

165

4.7790 GBP

10p ordinary

SWAP

Decreasing Short

176

4.7126 GBP

10p ordinary

SWAP

Decreasing Short

404

4.7250 GBP

10p ordinary

SWAP

Decreasing Short

478

4.8290 GBP

10p ordinary

SWAP

Decreasing Short

567

4.6860 GBP

10p ordinary

SWAP

Decreasing Short

702

4.7286 GBP

10p ordinary

SWAP

Decreasing Short

726

4.7093 GBP

10p ordinary

CFD

Decreasing Short

753

4.6895 GBP

10p ordinary

SWAP

Decreasing Short

853

4.6893 GBP

10p ordinary

CFD

Decreasing Short

1,106

4.6866 GBP

10p ordinary

SWAP

Decreasing Short

1,803

4.7299 GBP

10p ordinary

SWAP

Decreasing Short

2,400

4.6938 GBP

10p ordinary

SWAP

Decreasing Short

3,017

4.6915 GBP

10p ordinary

SWAP

Decreasing Short

3,423

4.6995 GBP

10p ordinary

SWAP

Decreasing Short

3,566

4.6988 GBP

10p ordinary

SWAP

Decreasing Short

4,173

4.7422 GBP

10p ordinary

SWAP

Decreasing Short

7,633

4.7023 GBP

10p ordinary

SWAP

Decreasing Short

8,618

4.7008 GBP

10p ordinary

CFD

Decreasing Short

21,162

4.7296 GBP

10p ordinary

SWAP

Decreasing Short

57,693

4.6869 GBP

10p ordinary

SWAP

Decreasing Short

78,832

4.7593 GBP

10p ordinary

SWAP

Decreasing Short

89,889

4.6870 GBP

10p ordinary

SWAP

Increasing Long

572

4.7275 GBP

10p ordinary

SWAP

Increasing Short

45

4.6770 GBP

10p ordinary

SWAP

Increasing Short

246

4.7840 GBP

10p ordinary

SWAP

Increasing Short

330

4.7790 GBP

10p ordinary

SWAP

Increasing Short

441

4.7141 GBP

10p ordinary

SWAP

Increasing Short

603

4.7593 GBP

10p ordinary

SWAP

Increasing Short

718

4.7187 GBP

10p ordinary

SWAP

Increasing Short

811

4.7413 GBP

10p ordinary

CFD

Increasing Short

1,106

4.8293 GBP

10p ordinary

SWAP

Increasing Short

1,247

4.6758 GBP

10p ordinary

SWAP

Increasing Short

1,423

4.8290 GBP

10p ordinary

SWAP

Increasing Short

2,377

4.6872 GBP

10p ordinary

SWAP

Increasing Short

2,764

4.7781 GBP

10p ordinary

CFD

Increasing Short

5,277

4.7302 GBP

10p ordinary

SWAP

Increasing Short

5,364

4.6889 GBP

10p ordinary

CFD

Increasing Short

13,960

4.7683 GBP

10p ordinary

CFD

Increasing Short

15,885

4.6870 GBP

10p ordinary

SWAP

Increasing Short

26,250

4.7097 GBP

10p ordinary

SWAP

Increasing Short

27,627

4.7080 GBP

10p ordinary

SWAP

Increasing Short

38,660

4.6870 GBP

10p ordinary

CFD

Increasing Short

43,522

4.7251 GBP

10p ordinary

SWAP

Increasing Short

51,994

4.7213 GBP

10p ordinary

SWAP

Increasing Short

52,606

4.6870 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:

20 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213