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 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:

4,120,224

0.42%

4,021,977

0.41%

(2) Cash-settled derivatives:

3,556,860

0.36%

3,168,686

0.33%

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

0

0.00%

0

0.00%

TOTAL:

7,677,084

0.79%

7,190,663

0.74%

(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

Sale

1906203

5.0022 GBP

4.8620 GBP

10p ordinary

Purchase

3259528

4.9934 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

Decreasing Long

166

4.9320 GBP

10p ordinary

CFD

Decreasing Long

171

4.9733 GBP

10p ordinary

SWAP

Decreasing Long

206

4.9317 GBP

10p ordinary

CFD

Decreasing Long

558

4.9643 GBP

10p ordinary

SWAP

Decreasing Long

779

4.9426 GBP

10p ordinary

SWAP

Decreasing Long

958

4.9130 GBP

10p ordinary

SWAP

Decreasing Long

971

4.8936 GBP

10p ordinary

SWAP

Decreasing Long

1,411

4.9508 GBP

10p ordinary

SWAP

Decreasing Long

1,535

4.9495 GBP

10p ordinary

CFD

Decreasing Long

1,744

4.9345 GBP

10p ordinary

SWAP

Decreasing Long

1,746

4.9436 GBP

10p ordinary

SWAP

Decreasing Long

2,773

4.9297 GBP

10p ordinary

SWAP

Decreasing Long

3,301

4.9200 GBP

10p ordinary

SWAP

Decreasing Long

5,756

4.9547 GBP

10p ordinary

SWAP

Decreasing Long

5,816

4.9590 GBP

10p ordinary

SWAP

Decreasing Long

6,669

4.9168 GBP

10p ordinary

CFD

Decreasing Long

7,791

4.9845 GBP

10p ordinary

SWAP

Decreasing Long

8,143

4.9177 GBP

10p ordinary

SWAP

Decreasing Long

12,030

4.9478 GBP

10p ordinary

SWAP

Decreasing Long

12,298

4.9521 GBP

10p ordinary

SWAP

Decreasing Long

13,818

4.9560 GBP

10p ordinary

SWAP

Decreasing Long

14,346

4.9445 GBP

10p ordinary

SWAP

Decreasing Long

14,493

4.9496 GBP

10p ordinary

SWAP

Decreasing Long

15,765

4.9558 GBP

10p ordinary

SWAP

Decreasing Long

16,597

4.8746 GBP

10p ordinary

CFD

Decreasing Long

18,675

4.9565 GBP

10p ordinary

CFD

Decreasing Long

20,151

5.0003 GBP

10p ordinary

SWAP

Decreasing Long

23,487

4.9401 GBP

10p ordinary

SWAP

Decreasing Long

24,745

4.9430 GBP

10p ordinary

SWAP

Decreasing Long

35,309

4.9097 GBP

10p ordinary

SWAP

Decreasing Long

39,968

4.9439 GBP

10p ordinary

SWAP

Decreasing Long

61,073

4.9358 GBP

10p ordinary

SWAP

Decreasing Long

65,707

4.9449 GBP

10p ordinary

SWAP

Decreasing Long

77,427

4.9532 GBP

10p ordinary

SWAP

Decreasing Long

108,703

4.8750 GBP

10p ordinary

CFD

Decreasing Long

135,895

4.8750 GBP

10p ordinary

SWAP

Decreasing Long

151,711

4.9600 GBP

10p ordinary

SWAP

Decreasing Short

713

4.9267 GBP

10p ordinary

SWAP

Decreasing Short

1,181

4.9500 GBP

10p ordinary

SWAP

Decreasing Short

1,507

4.9738 GBP

10p ordinary

SWAP

Decreasing Short

3,587

4.9270 GBP

10p ordinary

SWAP

Decreasing Short

5,430

5.0000 GBP

10p ordinary

SWAP

Decreasing Short

7,784

4.9182 GBP

10p ordinary

SWAP

Decreasing Short

15,587

4.9445 GBP

10p ordinary

SWAP

Decreasing Short

19,012

4.9309 GBP

10p ordinary

SWAP

Decreasing Short

21,371

4.9193 GBP

10p ordinary

SWAP

Decreasing Short

71,758

4.8918 GBP

10p ordinary

SWAP

Decreasing Short

74,599

4.9556 GBP

10p ordinary

SWAP

Decreasing Short

175,588

4.9405 GBP

10p ordinary

SWAP

Decreasing Short

306,483

4.9428 GBP

10p ordinary

SWAP

Increasing Long

1

4.8749 GBP

10p ordinary

CFD

Increasing Long

531

4.9884 GBP

10p ordinary

SWAP

Increasing Long

913

4.9496 GBP

10p ordinary

CFD

Increasing Long

1,856

4.9900 GBP

10p ordinary

SWAP

Increasing Long

2,026

4.9509 GBP

10p ordinary

CFD

Increasing Long

2,443

4.9563 GBP

10p ordinary

SWAP

Increasing Long

4,577

4.9497 GBP

10p ordinary

SWAP

Increasing Long

10,433

4.9518 GBP

10p ordinary

CFD

Increasing Long

24,525

4.8665 GBP

10p ordinary

CFD

Increasing Long

27,639

4.9657 GBP

10p ordinary

CFD

Increasing Long

46,055

4.9574 GBP

10p ordinary

CFD

Increasing Long

46,818

4.9640 GBP

10p ordinary

SWAP

Increasing Long

48,970

4.8761 GBP

10p ordinary

CFD

Increasing Long

62,518

4.9599 GBP

10p ordinary

CFD

Increasing Long

138,974

4.8750 GBP

10p ordinary

SWAP

Increasing Short

1,046

4.8786 GBP

10p ordinary

SWAP

Increasing Short

1,339

4.9488 GBP

10p ordinary

SWAP

Increasing Short

1,652

4.8923 GBP

10p ordinary

SWAP

Increasing Short

1,878

4.9082 GBP

10p ordinary

SWAP

Increasing Short

2,315

4.9494 GBP

10p ordinary

SWAP

Increasing Short

2,715

4.8874 GBP

10p ordinary

SWAP

Increasing Short

7,985

4.9358 GBP

10p ordinary

SWAP

Increasing Short

8,334

4.9554 GBP

10p ordinary

SWAP

Increasing Short

14,971

4.9063 GBP

10p ordinary

SWAP

Increasing Short

18,190

4.9553 GBP

10p ordinary

SWAP

Increasing Short

22,495

4.9626 GBP

10p ordinary

SWAP

Increasing Short

27,912

4.9052 GBP

10p ordinary

SWAP

Increasing Short

30,760

4.9222 GBP

10p ordinary

SWAP

Increasing Short

91,515

4.8749 GBP

10p ordinary

SWAP

Increasing Short

99,813

4.9380 GBP

10p ordinary

SWAP

Increasing Short

106,195

4.9406 GBP

10p ordinary

SWAP

Increasing Short

526,199

4.8750 GBP

10p ordinary

SWAP

Increasing Short

533,284

4.9478 GBP

10p ordinary

SWAP

Opening Short

1

4.9644 GBP

10p ordinary

SWAP

Opening Short

2

4.9694 GBP

10p ordinary

SWAP

Opening Short

12

4.9624 GBP

10p ordinary

SWAP

Opening Short

24

4.9557 GBP

10p ordinary

SWAP

Opening Short

78

4.9650 GBP

10p ordinary

SWAP

Opening Short

174

4.9625 GBP

10p ordinary

SWAP

Opening Short

222

4.9613 GBP

10p ordinary

SWAP

Opening Short

9,725

4.8757 GBP

10p ordinary

SWAP

Opening Short

17,591

4.9627 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 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213