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:

14 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:

12,010,826

1.23%

4,227,885

0.43%

(2) Cash-settled derivatives:

3,370,153

0.35%

10,679,457

1.10%

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

0

0.00%

0

0.00%

TOTAL: 

15,380,979

1.58%

14,907,342

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

1802031

5.0111 GBP

4.8840 GBP

10p ordinary

Sale

1294162

4.9815 GBP

4.8862 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

5,947

4.9315 GBP

10p ordinary

CFD

Closing Long

21,011

4.9297 GBP

10p ordinary

SWAP

Closing Long

28,447

4.9785 GBP

10p ordinary

CFD

Closing Long

29,537

4.9116 GBP

10p ordinary

SWAP

Closing Long

60,878

4.9132 GBP

10p ordinary

SWAP

Closing Long

201,600

4.8875 GBP

10p ordinary

SWAP

Closing Short

5

4.9160 GBP

10p ordinary

SWAP

Closing Short

1,715

4.8990 GBP

10p ordinary

SWAP

Closing Short

12,771

4.9090 GBP

10p ordinary

SWAP

Closing Short

28,314

4.8890 GBP

10p ordinary

SWAP

Closing Short

33,459

4.9293 GBP

10p ordinary

SWAP

Decreasing Long

204

4.9744 GBP

10p ordinary

SWAP

Decreasing Long

972

4.9457 GBP

10p ordinary

SWAP

Decreasing Long

1,719

4.8948 GBP

10p ordinary

SWAP

Decreasing Long

2,465

5.0111 GBP

10p ordinary

SWAP

Decreasing Long

3,166

4.9302 GBP

10p ordinary

SWAP

Decreasing Long

23,553

4.9227 GBP

10p ordinary

SWAP

Decreasing Short

27

5.0200 GBP

10p ordinary

SWAP

Decreasing Short

46

4.8859 GBP

10p ordinary

SWAP

Decreasing Short

100

4.9089 GBP

10p ordinary

SWAP

Decreasing Short

446

4.9109 GBP

10p ordinary

SWAP

Decreasing Short

836

4.8690 GBP

10p ordinary

SWAP

Decreasing Short

852

4.9145 GBP

10p ordinary

SWAP

Decreasing Short

2,660

4.9187 GBP

10p ordinary

SWAP

Decreasing Short

3,418

4.9190 GBP

10p ordinary

SWAP

Decreasing Short

3,919

4.8889 GBP

10p ordinary

SWAP

Decreasing Short

4,100

4.9100 GBP

10p ordinary

SWAP

Decreasing Short

4,171

4.9105 GBP

10p ordinary

SWAP

Decreasing Short

4,201

4.9430 GBP

10p ordinary

SWAP

Decreasing Short

4,462

4.8999 GBP

10p ordinary

SWAP

Decreasing Short

4,506

4.8924 GBP

10p ordinary

SWAP

Decreasing Short

5,495

4.9157 GBP

10p ordinary

SWAP

Decreasing Short

6,145

4.9061 GBP

10p ordinary

SWAP

Decreasing Short

24,996

4.9133 GBP

10p ordinary

SWAP

Decreasing Short

86,400

4.8875 GBP

10p ordinary

SWAP

Decreasing Short

154,794

4.9135 GBP

10p ordinary

SWAP

Increasing Long

2,539

4.8727 GBP

10p ordinary

SWAP

Increasing Short

353

4.9330 GBP

10p ordinary

SWAP

Increasing Short

439

4.9231 GBP

10p ordinary

SWAP

Increasing Short

607

4.8807 GBP

10p ordinary

SWAP

Increasing Short

2,005

4.9264 GBP

10p ordinary

SWAP

Increasing Short

2,369

4.8789 GBP

10p ordinary

SWAP

Increasing Short

2,451

4.8824 GBP

10p ordinary

SWAP

Increasing Short

2,493

4.9187 GBP

10p ordinary

SWAP

Increasing Short

4,152

4.9112 GBP

10p ordinary

SWAP

Increasing Short

5,106

4.8930 GBP

10p ordinary

SWAP

Increasing Short

6,062

4.8840 GBP

10p ordinary

SWAP

Increasing Short

10,280

4.9029 GBP

10p ordinary

SWAP

Increasing Short

21,300

4.9003 GBP

10p ordinary

SWAP

Increasing Short

24,574

4.8908 GBP

10p ordinary

SWAP

Increasing Short

31,403

4.9023 GBP

10p ordinary

SWAP

Increasing Short

46,915

4.9516 GBP

10p ordinary

SWAP

Increasing Short

86,553

4.8890 GBP

10p ordinary

CFD

Opening Short

700

4.9075 GBP

10p ordinary

SWAP

Opening Short

6,751

4.8956 GBP

10p ordinary

SWAP

Opening Short

13,089

4.8841 GBP

10p ordinary

CFD

Opening Short

14,401

4.8890 GBP

10p ordinary

CFD

Opening Short

15,993

4.8893 GBP

10p ordinary

CFD

Opening Short

16,009

4.9103 GBP

10p ordinary

SWAP

Opening Short

47,094

4.8890 GBP

10p ordinary

CFD

Opening Short

71,892

4.8894 GBP

10p ordinary

SWAP

Opening Short

77,877

4.8912 GBP

10p ordinary

SWAP

Opening Short

548,059

5.0020 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:

17 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213