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:

05 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:

7,923,625

0.81%

5,991,786

0.61%

(2) Cash-settled derivatives:

5,102,172

0.52%

6,348,039

0.65%

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

0

0.00%

0

0.00%

TOTAL: 

13,025,797

1.34%

12,339,825

1.27%

(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

1172772

4.7500 GBP

4.6948 GBP

10p ordinary

Sale

1500430

4.7500 GBP

4.6909 GBP

(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 Long

1,087

4.7433 GBP

10p ordinary

CFD

Decreasing Long

2,334

4.6844 GBP

10p ordinary

CFD

Decreasing Long

3,994

4.7475 GBP

10p ordinary

CFD

Decreasing Long

8,375

4.7277 GBP

10p ordinary

CFD

Decreasing Long

31,980

4.7297 GBP

10p ordinary

CFD

Decreasing Long

50,942

4.7122 GBP

10p ordinary

SWAP

Decreasing Long

88,895

4.7180 GBP

10p ordinary

CFD

Decreasing Long

90,220

4.7104 GBP

10p ordinary

SWAP

Decreasing Long

132,800

4.6972 GBP

10p ordinary

SWAP

Decreasing Short

433

4.7170 GBP

10p ordinary

SWAP

Decreasing Short

644

4.7460 GBP

10p ordinary

SWAP

Decreasing Short

1,262

4.6896 GBP

10p ordinary

SWAP

Decreasing Short

2,942

4.7137 GBP

10p ordinary

SWAP

Decreasing Short

5,515

4.6969 GBP

10p ordinary

SWAP

Decreasing Short

7,319

4.6876 GBP

10p ordinary

SWAP

Decreasing Short

18,239

4.7099 GBP

10p ordinary

SWAP

Decreasing Short

23,618

4.7386 GBP

10p ordinary

SWAP

Decreasing Short

57,931

4.7102 GBP

10p ordinary

SWAP

Increasing Long

1

4.7285 GBP

10p ordinary

SWAP

Increasing Long

387

4.7215 GBP

10p ordinary

CFD

Increasing Long

491

4.7176 GBP

10p ordinary

CFD

Increasing Long

1,087

4.7096 GBP

10p ordinary

SWAP

Increasing Long

1,657

4.7333 GBP

10p ordinary

CFD

Increasing Long

2,178

4.7323 GBP

10p ordinary

SWAP

Increasing Long

2,974

4.7042 GBP

10p ordinary

SWAP

Increasing Long

3,324

4.6980 GBP

10p ordinary

CFD

Increasing Long

5,410

4.7420 GBP

10p ordinary

CFD

Increasing Long

5,744

4.7253 GBP

10p ordinary

SWAP

Increasing Long

7,130

4.7087 GBP

10p ordinary

SWAP

Increasing Long

9,331

4.7209 GBP

10p ordinary

SWAP

Increasing Long

11,869

4.7207 GBP

10p ordinary

SWAP

Increasing Long

12,445

4.7307 GBP

10p ordinary

SWAP

Increasing Long

21,658

4.7099 GBP

10p ordinary

SWAP

Increasing Long

58,114

4.7112 GBP

10p ordinary

SWAP

Increasing Long

66,896

4.7093 GBP

10p ordinary

SWAP

Increasing Long

97,571

4.7180 GBP

10p ordinary

SWAP

Increasing Long

857,964

4.7425 GBP

10p ordinary

SWAP

Increasing Short

8

4.7088 GBP

10p ordinary

SWAP

Increasing Short

11

4.7100 GBP

10p ordinary

SWAP

Increasing Short

223

4.7390 GBP

10p ordinary

SWAP

Increasing Short

300

4.7440 GBP

10p ordinary

SWAP

Increasing Short

315

4.7073 GBP

10p ordinary

SWAP

Increasing Short

482

4.7017 GBP

10p ordinary

SWAP

Increasing Short

779

4.7138 GBP

10p ordinary

SWAP

Increasing Short

914

4.7106 GBP

10p ordinary

SWAP

Increasing Short

1,040

4.7459 GBP

10p ordinary

SWAP

Increasing Short

1,899

4.7125 GBP

10p ordinary

SWAP

Increasing Short

2,302

4.7171 GBP

10p ordinary

SWAP

Increasing Short

2,567

4.7035 GBP

10p ordinary

SWAP

Increasing Short

2,636

4.7277 GBP

10p ordinary

SWAP

Increasing Short

3,305

4.7190 GBP

10p ordinary

SWAP

Increasing Short

5,498

4.7168 GBP

10p ordinary

SWAP

Increasing Short

8,041

4.7149 GBP

10p ordinary

SWAP

Increasing Short

24,003

4.7203 GBP

10p ordinary

SWAP

Increasing Short

100,000

4.7145 GBP

10p ordinary

SWAP

Increasing Short

106,295

4.7078 GBP

10p ordinary

SWAP

Increasing Short

323,589

4.7100 GBP

10p ordinary

SWAP

Opening Long

296

4.7041 GBP

10p ordinary

SWAP

Opening Long

317

4.7215 GBP

10p ordinary

SWAP

Opening Long

581

4.7333 GBP

10p ordinary

SWAP

Opening Long

589

4.7043 GBP

10p ordinary

SWAP

Opening Long

1,050

4.7307 GBP

10p ordinary

SWAP

Opening Long

2,091

4.7209 GBP

10p ordinary

SWAP

Opening Long

2,503

4.7087 GBP

10p ordinary

SWAP

Opening Long

17,733

4.7099 GBP

10p ordinary

SWAP

Opening Long

19,869

4.7180 GBP

10p ordinary

SWAP

Opening Long

25,876

4.7112 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:

06 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213