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:

17 Jul 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:

10,532,833

1.08%

6,231,156

0.64%

(2) Cash-settled derivatives:

5,234,113

0.54%

9,135,131

0.94%

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

0

0.00%

0

0.00%

TOTAL: 

15,766,946

1.62%

15,366,287

1.58%

(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

303062

5.0090 GBP

4.9310 GBP

10p ordinary

Sale

679806

5.0091 GBP

4.9306 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

Opening Long

20,887

4.9433 GBP

10p ordinary

SWAP

Decreasing Long

11

4.9734 GBP

10p ordinary

SWAP

Decreasing Long

1,938

4.9738 GBP

10p ordinary

SWAP

Decreasing Long

2,618

4.9755 GBP

10p ordinary

SWAP

Decreasing Long

3,217

4.9759 GBP

10p ordinary

SWAP

Decreasing Long

20,128

4.9788 GBP

10p ordinary

SWAP

Decreasing Long

12

4.9905 GBP

10p ordinary

SWAP

Decreasing Long

6,033

4.9941 GBP

10p ordinary

CFD

Decreasing Short

21,828

4.9816 GBP

10p ordinary

CFD

Decreasing Short

1,128

4.9835 GBP

10p ordinary

CFD

Increasing Short

9,337

4.9310 GBP

10p ordinary

CFD

Increasing Short

1,128

4.9313 GBP

10p ordinary

CFD

Increasing Short

1,739

4.9462 GBP

10p ordinary

CFD

Increasing Short

3,287

4.9647 GBP

10p ordinary

SWAP

Decreasing Short

232

4.9472 GBP

10p ordinary

SWAP

Decreasing Short

908

4.9306 GBP

10p ordinary

SWAP

Decreasing Short

9,592

4.9501 GBP

10p ordinary

SWAP

Opening Long

1

4.9600 GBP

10p ordinary

SWAP

Increasing Long

938

4.9867 GBP

10p ordinary

SWAP

Opening Short

20,240

4.9404 GBP

10p ordinary

SWAP

Increasing Short

358

4.9500 GBP

10p ordinary

SWAP

Decreasing Short

309,078

5.0044 GBP

10p ordinary

SWAP

Increasing Long

10,423

4.9314 GBP

10p ordinary

SWAP

Increasing Long

901

4.9372 GBP

10p ordinary

SWAP

Increasing Long

335

4.9476 GBP

10p ordinary

SWAP

Increasing Long

5,000

4.9709 GBP

10p ordinary

SWAP

Increasing Long

1,298

5.0068 GBP

10p ordinary

SWAP

Decreasing Short

1

4.9310 GBP

10p ordinary

SWAP

Decreasing Short

46,325

4.9314 GBP

10p ordinary

SWAP

Decreasing Short

14,507

4.9523 GBP

10p ordinary

SWAP

Decreasing Short

21,357

4.9608 GBP

10p ordinary

SWAP

Decreasing Short

1,968

4.9641 GBP

10p ordinary

SWAP

Decreasing Short

1,511

4.9905 GBP

10p ordinary

SWAP

Increasing Short

23,851

4.9310 GBP

10p ordinary

SWAP

Increasing Short

6,397

4.9648 GBP

10p ordinary

SWAP

Increasing Short

472

4.9680 GBP

10p ordinary

SWAP

Increasing Short

394

4.9840 GBP

10p ordinary

SWAP

Increasing Short

1,399

4.9862 GBP

10p ordinary

SWAP

Decreasing Short

40,597

4.9309 GBP

10p ordinary

SWAP

Decreasing Short

257

4.9359 GBP

10p ordinary

SWAP

Decreasing Short

680

4.9373 GBP

10p ordinary

SWAP

Decreasing Short

6,923

4.9378 GBP

10p ordinary

SWAP

Decreasing Short

4,145

4.9405 GBP

10p ordinary

SWAP

Decreasing Short

4,193

4.9434 GBP

10p ordinary

SWAP

Decreasing Short

101

4.9569 GBP

10p ordinary

SWAP

Decreasing Short

638

4.9655 GBP

10p ordinary

SWAP

Decreasing Short

502

4.9770 GBP

10p ordinary

SWAP

Decreasing Short

180

4.9829 GBP

10p ordinary

SWAP

Increasing Short

13,489

4.9377 GBP

10p ordinary

SWAP

Increasing Short

300

4.9630 GBP

10p ordinary

SWAP

Increasing Short

1,240

4.9665 GBP

10p ordinary

SWAP

Increasing Short

1,280

4.9669 GBP

10p ordinary

SWAP

Increasing Short

55

4.9680 GBP

10p ordinary

SWAP

Increasing Short

272

4.9699 GBP

10p ordinary

SWAP

Increasing Short

200

4.9710 GBP

10p ordinary

SWAP

Decreasing Short

78

4.9429 GBP

10p ordinary

SWAP

Decreasing Short

4

4.9310 GBP

10p ordinary

SWAP

Decreasing Short

9,522

4.9550 GBP

10p ordinary

SWAP

Decreasing Short

5,310

4.9580 GBP

10p ordinary

SWAP

Increasing Short

22,927

4.9310 GBP

10p ordinary

SWAP

Increasing Short

336

4.9630 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:

18 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213