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 Feb 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:

3,231,800

0.33%

3,347,450

0.34%

(2) Cash-settled derivatives:

3,031,933

0.31%

2,414,357

0.25%

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

0

0.00%

0

0.00%

TOTAL:

6,263,733

0.64%

5,761,807

0.59%

(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

1640309

4.8857 GBP

4.8240 GBP

10p ordinary

Sale

857823

4.8850 GBP

4.8240 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

48,823

4.8601 GBP

10p ordinary

SWAP

Closing Long

54,068

4.8713 GBP

10p ordinary

SWAP

Decreasing Long

292

4.8558 GBP

10p ordinary

SWAP

Decreasing Long

323

4.8539 GBP

10p ordinary

SWAP

Decreasing Long

1,220

4.8546 GBP

10p ordinary

CFD

Decreasing Long

1,580

4.8436 GBP

10p ordinary

SWAP

Decreasing Long

1,670

4.8527 GBP

10p ordinary

CFD

Decreasing Long

1,974

4.8850 GBP

10p ordinary

CFD

Decreasing Long

2,521

4.8853 GBP

10p ordinary

CFD

Decreasing Long

2,871

4.8641 GBP

10p ordinary

SWAP

Decreasing Long

2,917

4.8694 GBP

10p ordinary

CFD

Decreasing Long

3,102

4.8601 GBP

10p ordinary

SWAP

Decreasing Long

3,144

4.8529 GBP

10p ordinary

CFD

Decreasing Long

3,666

4.8589 GBP

10p ordinary

SWAP

Decreasing Long

3,765

4.8588 GBP

10p ordinary

SWAP

Decreasing Long

8,880

4.8574 GBP

10p ordinary

CFD

Decreasing Long

9,691

4.8557 GBP

10p ordinary

SWAP

Decreasing Long

10,419

4.8850 GBP

10p ordinary

SWAP

Decreasing Long

11,052

4.8487 GBP

10p ordinary

CFD

Decreasing Long

15,649

4.8564 GBP

10p ordinary

CFD

Decreasing Long

21,448

4.8457 GBP

10p ordinary

SWAP

Decreasing Long

28,151

4.8850 GBP

10p ordinary

SWAP

Decreasing Long

37,266

4.8457 GBP

10p ordinary

SWAP

Decreasing Long

38,276

4.8602 GBP

10p ordinary

SWAP

Decreasing Long

51,734

4.8465 GBP

10p ordinary

SWAP

Decreasing Long

508,900

4.8670 GBP

10p ordinary

SWAP

Decreasing Short

167

4.8850 GBP

10p ordinary

SWAP

Decreasing Short

1,205

4.8382 GBP

10p ordinary

SWAP

Decreasing Short

2,303

4.8580 GBP

10p ordinary

SWAP

Decreasing Short

6,617

4.8578 GBP

10p ordinary

SWAP

Decreasing Short

8,724

4.8491 GBP

10p ordinary

SWAP

Decreasing Short

20,839

4.8829 GBP

10p ordinary

SWAP

Decreasing Short

105,514

4.8502 GBP

10p ordinary

SWAP

Increasing Long

79

4.8626 GBP

10p ordinary

SWAP

Increasing Long

132

4.8479 GBP

10p ordinary

CFD

Increasing Long

149

4.8546 GBP

10p ordinary

SWAP

Increasing Long

246

4.8465 GBP

10p ordinary

SWAP

Increasing Long

448

4.8599 GBP

10p ordinary

SWAP

Increasing Long

513

4.8582 GBP

10p ordinary

SWAP

Increasing Long

584

4.8529 GBP

10p ordinary

SWAP

Increasing Long

597

4.8459 GBP

10p ordinary

SWAP

Increasing Long

924

4.8579 GBP

10p ordinary

SWAP

Increasing Long

1,271

4.8529 GBP

10p ordinary

SWAP

Increasing Long

3,139

4.8551 GBP

10p ordinary

CFD

Increasing Long

4,432

4.8584 GBP

10p ordinary

SWAP

Increasing Long

5,773

4.8542 GBP

10p ordinary

CFD

Increasing Long

10,271

4.8395 GBP

10p ordinary

CFD

Increasing Long

12,389

4.8633 GBP

10p ordinary

CFD

Increasing Long

13,151

4.8850 GBP

10p ordinary

CFD

Increasing Long

18,246

4.8846 GBP

10p ordinary

CFD

Increasing Long

54,810

4.8618 GBP

10p ordinary

CFD

Increasing Long

55,894

4.8845 GBP

10p ordinary

SWAP

Increasing Long

62,230

4.8690 GBP

10p ordinary

SWAP

Increasing Long

220,560

4.8495 GBP

10p ordinary

SWAP

Increasing Short

144

4.8851 GBP

10p ordinary

SWAP

Increasing Short

297

4.8495 GBP

10p ordinary

SWAP

Increasing Short

630

4.8740 GBP

10p ordinary

SWAP

Increasing Short

733

4.8710 GBP

10p ordinary

SWAP

Increasing Short

1,171

4.8857 GBP

10p ordinary

SWAP

Increasing Short

1,638

4.8510 GBP

10p ordinary

SWAP

Increasing Short

2,296

4.8830 GBP

10p ordinary

SWAP

Increasing Short

3,351

4.8621 GBP

10p ordinary

SWAP

Increasing Short

5,443

4.8527 GBP

10p ordinary

SWAP

Increasing Short

5,459

4.8500 GBP

10p ordinary

SWAP

Increasing Short

10,729

4.8556 GBP

10p ordinary

SWAP

Increasing Short

19,115

4.8466 GBP

10p ordinary

SWAP

Increasing Short

22,493

4.8347 GBP

10p ordinary

SWAP

Increasing Short

81,582

4.8522 GBP

10p ordinary

SWAP

Increasing Short

89,803

4.8833 GBP

10p ordinary

SWAP

Increasing Short

159,588

4.8473 GBP

10p ordinary

SWAP

Opening Short

22,213

4.8471 GBP

10p ordinary

SWAP

Opening Short

114,200

4.8850 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 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213