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:

08 May 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:

13,943,562

1.43%

5,591,189

0.57%

(2) Cash-settled derivatives:

4,772,896

0.49%

12,709,877

1.30%

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

0

0.00%

0

0.00%

TOTAL: 

18,716,458

1.92%

18,301,066

1.88%

(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

2170941

4.9089 GBP

4.8630 GBP

10p ordinary

Sale

1123168

4.9100 GBP

4.8620 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

143

4.8769 GBP

10p ordinary

SWAP

Closing Short

202

4.8623 GBP

10p ordinary

SWAP

Closing Short

24,942

4.8960 GBP

10p ordinary

SWAP

Closing Short

26,707

4.8957 GBP

10p ordinary

SWAP

Decreasing Long

3

4.8691 GBP

10p ordinary

SWAP

Decreasing Long

142

4.8875 GBP

10p ordinary

SWAP

Decreasing Long

209

4.8916 GBP

10p ordinary

SWAP

Decreasing Long

463

4.8938 GBP

10p ordinary

SWAP

Decreasing Long

495

4.8934 GBP

10p ordinary

SWAP

Decreasing Long

580

4.8874 GBP

10p ordinary

SWAP

Decreasing Long

605

4.8788 GBP

10p ordinary

SWAP

Decreasing Long

664

4.8873 GBP

10p ordinary

SWAP

Decreasing Long

861

4.8695 GBP

10p ordinary

SWAP

Decreasing Long

908

4.8871 GBP

10p ordinary

SWAP

Decreasing Long

1,963

4.8932 GBP

10p ordinary

SWAP

Decreasing Long

2,111

4.8766 GBP

10p ordinary

SWAP

Decreasing Long

2,704

4.8867 GBP

10p ordinary

SWAP

Decreasing Long

3,793

4.8869 GBP

10p ordinary

CFD

Decreasing Long

4,734

4.8854 GBP

10p ordinary

SWAP

Decreasing Long

4,830

4.8910 GBP

10p ordinary

SWAP

Decreasing Long

16,833

4.8960 GBP

10p ordinary

SWAP

Decreasing Long

18,900

4.8905 GBP

10p ordinary

CFD

Decreasing Long

21,216

4.8960 GBP

10p ordinary

CFD

Decreasing Long

106,812

4.8959 GBP

10p ordinary

SWAP

Decreasing Short

203

4.8740 GBP

10p ordinary

SWAP

Decreasing Short

277

4.8827 GBP

10p ordinary

SWAP

Decreasing Short

762

4.8873 GBP

10p ordinary

SWAP

Decreasing Short

832

4.8800 GBP

10p ordinary

SWAP

Decreasing Short

1,349

4.8811 GBP

10p ordinary

SWAP

Decreasing Short

1,405

4.8841 GBP

10p ordinary

SWAP

Decreasing Short

4,066

4.8970 GBP

10p ordinary

SWAP

Decreasing Short

4,934

4.8910 GBP

10p ordinary

SWAP

Decreasing Short

8,192

4.8881 GBP

10p ordinary

SWAP

Decreasing Short

18,991

4.8923 GBP

10p ordinary

SWAP

Decreasing Short

24,311

4.8849 GBP

10p ordinary

SWAP

Decreasing Short

56,722

4.8816 GBP

10p ordinary

SWAP

Decreasing Short

229,659

4.8840 GBP

10p ordinary

CFD

Increasing Long

549

4.9118 GBP

10p ordinary

CFD

Increasing Long

5,623

4.8959 GBP

10p ordinary

CFD

Increasing Long

8,674

4.8949 GBP

10p ordinary

CFD

Increasing Long

9,315

4.8870 GBP

10p ordinary

CFD

Increasing Long

18,915

4.8933 GBP

10p ordinary

CFD

Increasing Long

33,805

4.8983 GBP

10p ordinary

CFD

Increasing Long

74,419

4.8960 GBP

10p ordinary

SWAP

Increasing Short

196

4.8870 GBP

10p ordinary

SWAP

Increasing Short

342

4.8850 GBP

10p ordinary

SWAP

Increasing Short

447

4.8740 GBP

10p ordinary

SWAP

Increasing Short

1,874

4.8833 GBP

10p ordinary

SWAP

Increasing Short

5,037

4.8888 GBP

10p ordinary

SWAP

Increasing Short

7,002

4.8772 GBP

10p ordinary

SWAP

Increasing Short

7,328

4.8833 GBP

10p ordinary

SWAP

Increasing Short

8,001

4.8874 GBP

10p ordinary

SWAP

Increasing Short

12,580

4.8868 GBP

10p ordinary

SWAP

Increasing Short

13,122

4.8786 GBP

10p ordinary

SWAP

Increasing Short

15,912

4.8897 GBP

10p ordinary

SWAP

Increasing Short

17,546

4.8864 GBP

10p ordinary

SWAP

Increasing Short

19,651

4.8826 GBP

10p ordinary

SWAP

Increasing Short

29,564

4.8960 GBP

10p ordinary

SWAP

Increasing Short

29,920

4.8841 GBP

10p ordinary

SWAP

Increasing Short

44,595

4.8835 GBP

10p ordinary

SWAP

Increasing Short

46,563

4.8960 GBP

10p ordinary

SWAP

Increasing Short

71,000

4.9087 GBP

10p ordinary

SWAP

Increasing Short

179,000

4.9087 GBP

10p ordinary

SWAP

Opening Long

19,259

4.8891 GBP

10p ordinary

SWAP

Opening Short

351,038

4.8918 GBP

10p ordinary

SWAP

Opening Short

499,638

4.8838 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:

09 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213