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:

12 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: 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:

8,572,556

0.88%

7,686,484

0.79%

(2) Cash-settled derivatives:

6,798,128

0.70%

6,952,367

0.71%

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

0

0.00%

0

0.00%

TOTAL:

15,370,684

1.58%

14,638,851

1.50%

(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

1384310

4.7730 GBP

4.7250 GBP

10p ordinary

Sale

941212

4.8150 GBP

4.7160 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 Short

23,455

4.7442 GBP

10p ordinary

SWAP

Closing Short

30,151

4.7440 GBP

10p ordinary

SWAP

Decreasing Long

7

4.7610 GBP

10p ordinary

SWAP

Decreasing Long

10

4.7634 GBP

10p ordinary

SWAP

Decreasing Long

25

4.7462 GBP

10p ordinary

SWAP

Decreasing Long

82

4.7635 GBP

10p ordinary

SWAP

Decreasing Long

101

4.7463 GBP

10p ordinary

SWAP

Decreasing Long

152

4.7487 GBP

10p ordinary

SWAP

Decreasing Long

201

4.7478 GBP

10p ordinary

SWAP

Decreasing Long

249

4.7466 GBP

10p ordinary

SWAP

Decreasing Long

284

4.7457 GBP

10p ordinary

SWAP

Decreasing Long

294

4.7598 GBP

10p ordinary

SWAP

Decreasing Long

294

4.7551 GBP

10p ordinary

SWAP

Decreasing Long

302

4.7539 GBP

10p ordinary

SWAP

Decreasing Long

330

4.7468 GBP

10p ordinary

SWAP

Decreasing Long

541

4.7644 GBP

10p ordinary

SWAP

Decreasing Long

620

4.7595 GBP

10p ordinary

SWAP

Decreasing Long

996

4.7563 GBP

10p ordinary

SWAP

Decreasing Long

1,027

4.7461 GBP

10p ordinary

SWAP

Decreasing Long

1,182

4.7624 GBP

10p ordinary

SWAP

Decreasing Long

1,249

4.7360 GBP

10p ordinary

SWAP

Decreasing Long

1,249

4.7470 GBP

10p ordinary

SWAP

Decreasing Long

1,249

4.7270 GBP

10p ordinary

SWAP

Decreasing Long

1,249

4.7620 GBP

10p ordinary

SWAP

Decreasing Long

1,249

4.7570 GBP

10p ordinary

SWAP

Decreasing Long

1,250

4.7160 GBP

10p ordinary

SWAP

Decreasing Long

1,250

4.7660 GBP

10p ordinary

SWAP

Decreasing Long

1,273

4.7305 GBP

10p ordinary

SWAP

Decreasing Long

1,273

4.7285 GBP

10p ordinary

SWAP

Decreasing Long

1,273

4.7520 GBP

10p ordinary

SWAP

Decreasing Long

1,273

4.7565 GBP

10p ordinary

SWAP

Decreasing Long

1,297

4.7552 GBP

10p ordinary

SWAP

Decreasing Long

1,495

4.7592 GBP

10p ordinary

SWAP

Decreasing Long

1,702

4.7517 GBP

10p ordinary

SWAP

Decreasing Long

2,082

4.7550 GBP

10p ordinary

SWAP

Decreasing Long

2,171

4.7485 GBP

10p ordinary

SWAP

Decreasing Long

2,214

4.7607 GBP

10p ordinary

SWAP

Decreasing Long

2,546

4.7530 GBP

10p ordinary

SWAP

Decreasing Long

2,634

4.7596 GBP

10p ordinary

SWAP

Decreasing Long

2,670

4.7583 GBP

10p ordinary

SWAP

Decreasing Long

2,908

4.7506 GBP

10p ordinary

SWAP

Decreasing Long

2,928

4.7409 GBP

10p ordinary

CFD

Decreasing Long

3,181

4.7479 GBP

10p ordinary

SWAP

Decreasing Long

3,806

4.7440 GBP

10p ordinary

SWAP

Decreasing Long

3,893

4.7591 GBP

10p ordinary

SWAP

Decreasing Long

4,213

4.7561 GBP

10p ordinary

SWAP

Decreasing Long

5,766

4.7529 GBP

10p ordinary

SWAP

Decreasing Long

11,626

4.7491 GBP

10p ordinary

CFD

Decreasing Long

16,622

4.7440 GBP

10p ordinary

CFD

Decreasing Long

18,657

4.7500 GBP

10p ordinary

SWAP

Decreasing Long

18,826

4.7500 GBP

10p ordinary

CFD

Decreasing Long

25,295

4.7443 GBP

10p ordinary

SWAP

Decreasing Long

41,352

4.7440 GBP

10p ordinary

SWAP

Decreasing Short

403

4.7160 GBP

10p ordinary

SWAP

Decreasing Short

1,469

4.7233 GBP

10p ordinary

SWAP

Decreasing Short

1,877

4.7405 GBP

10p ordinary

SWAP

Decreasing Short

1,962

4.7506 GBP

10p ordinary

SWAP

Decreasing Short

2,638

4.7581 GBP

10p ordinary

SWAP

Decreasing Short

10,220

4.7549 GBP

10p ordinary

SWAP

Decreasing Short

50,539

4.7451 GBP

10p ordinary

SWAP

Increasing Long

48

4.7729 GBP

10p ordinary

SWAP

Increasing Long

576

4.7339 GBP

10p ordinary

SWAP

Increasing Long

739

4.7529 GBP

10p ordinary

SWAP

Increasing Long

1,249

4.7570 GBP

10p ordinary

SWAP

Increasing Long

1,249

4.7270 GBP

10p ordinary

SWAP

Increasing Long

1,249

4.7470 GBP

10p ordinary

SWAP

Increasing Long

1,249

4.7360 GBP

10p ordinary

SWAP

Increasing Long

1,249

4.7620 GBP

10p ordinary

SWAP

Increasing Long

1,250

4.7485 GBP

10p ordinary

SWAP

Increasing Long

1,250

4.7660 GBP

10p ordinary

SWAP

Increasing Long

1,250

4.7440 GBP

10p ordinary

SWAP

Increasing Long

1,250

4.7160 GBP

10p ordinary

SWAP

Increasing Long

1,273

4.7565 GBP

10p ordinary

SWAP

Increasing Long

1,273

4.7285 GBP

10p ordinary

SWAP

Increasing Long

1,273

4.7305 GBP

10p ordinary

SWAP

Increasing Long

1,273

4.7520 GBP

10p ordinary

SWAP

Increasing Long

2,082

4.7550 GBP

10p ordinary

CFD

Increasing Long

2,163

4.8150 GBP

10p ordinary

SWAP

Increasing Long

2,546

4.7530 GBP

10p ordinary

SWAP

Increasing Long

4,384

4.7418 GBP

10p ordinary

SWAP

Increasing Long

4,811

4.7464 GBP

10p ordinary

CFD

Increasing Long

8,326

4.7545 GBP

10p ordinary

SWAP

Increasing Long

9,760

4.7673 GBP

10p ordinary

CFD

Increasing Long

22,154

4.7440 GBP

10p ordinary

SWAP

Increasing Long

43,999

4.7439 GBP

10p ordinary

SWAP

Increasing Short

166

4.7465 GBP

10p ordinary

SWAP

Increasing Short

820

4.7550 GBP

10p ordinary

SWAP

Increasing Short

1,104

4.7509 GBP

10p ordinary

SWAP

Increasing Short

1,401

4.7510 GBP

10p ordinary

SWAP

Increasing Short

2,804

4.7502 GBP

10p ordinary

SWAP

Increasing Short

3,424

4.7524 GBP

10p ordinary

SWAP

Increasing Short

9,222

4.7528 GBP

10p ordinary

SWAP

Increasing Short

15,917

4.7481 GBP

10p ordinary

SWAP

Increasing Short

31,078

4.7480 GBP

10p ordinary

SWAP

Increasing Short

33,401

4.7474 GBP

10p ordinary

SWAP

Increasing Short

52,630

4.7537 GBP

10p ordinary

SWAP

Increasing Short

250,843

4.7440 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:

13 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213