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:

15 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:

10,626,473

1.09%

6,162,284

0.63%

(2) Cash-settled derivatives:

5,187,724

0.53%

9,269,506

0.95%

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

0

0.00%

0

0.00%

TOTAL: 

15,814,197

1.62%

15,431,790

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

610962

5.0018 GBP

4.9240 GBP

10p ordinary

Sale

457382

5.0024 GBP

4.9180 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

22,145

4.9584 GBP

10p ordinary

SWAP

Decreasing Long

4,820

4.9297 GBP

10p ordinary

SWAP

Decreasing Long

1,523

4.9360 GBP

10p ordinary

SWAP

Decreasing Long

20,966

4.9432 GBP

10p ordinary

SWAP

Decreasing Long

35,402

4.9596 GBP

10p ordinary

SWAP

Decreasing Long

447

4.9599 GBP

10p ordinary

SWAP

Decreasing Long

2,369

4.9657 GBP

10p ordinary

SWAP

Decreasing Long

36,458

4.9680 GBP

10p ordinary

SWAP

Decreasing Long

471

4.9695 GBP

10p ordinary

CFD

Decreasing Short

15,960

4.9574 GBP

10p ordinary

CFD

Decreasing Short

25,903

4.9676 GBP

10p ordinary

CFD

Increasing Short

7,455

4.9661 GBP

10p ordinary

CFD

Increasing Short

8,306

4.9680 GBP

10p ordinary

CFD

Increasing Short

7,654

4.9782 GBP

10p ordinary

SWAP

Decreasing Short

500

4.9759 GBP

10p ordinary

SWAP

Increasing Short

1,917

4.9554 GBP

10p ordinary

SWAP

Closing Short

1

4.9100 GBP

10p ordinary

SWAP

Opening Long

1

4.9680 GBP

10p ordinary

SWAP

Closing Long

1

4.9700 GBP

10p ordinary

SWAP

Decreasing Short

1,600

4.9242 GBP

10p ordinary

SWAP

Opening Long

51,344

4.9646 GBP

10p ordinary

SWAP

Decreasing Long

32,742

4.9680 GBP

10p ordinary

SWAP

Closing Long

10,988

4.9711 GBP

10p ordinary

SWAP

Increasing Long

337

4.9306 GBP

10p ordinary

SWAP

Increasing Long

241

4.9308 GBP

10p ordinary

SWAP

Increasing Long

4,076

4.9419 GBP

10p ordinary

SWAP

Increasing Long

722

4.9765 GBP

10p ordinary

SWAP

Decreasing Long

909

4.9406 GBP

10p ordinary

SWAP

Decreasing Long

9,691

4.9667 GBP

10p ordinary

SWAP

Decreasing Short

415

4.9430 GBP

10p ordinary

SWAP

Decreasing Short

89,251

4.9483 GBP

10p ordinary

SWAP

Decreasing Short

4,752

4.9504 GBP

10p ordinary

SWAP

Decreasing Short

568

4.9694 GBP

10p ordinary

SWAP

Decreasing Short

6,014

4.9773 GBP

10p ordinary

SWAP

Increasing Short

7,308

4.9373 GBP

10p ordinary

SWAP

Increasing Short

1,839

4.9405 GBP

10p ordinary

SWAP

Increasing Short

29,703

4.9411 GBP

10p ordinary

SWAP

Increasing Short

22,650

4.9679 GBP

10p ordinary

SWAP

Increasing Short

23,924

4.9680 GBP

10p ordinary

SWAP

Increasing Short

2,140

4.9768 GBP

10p ordinary

SWAP

Increasing Short

32,942

4.9780 GBP

10p ordinary

SWAP

Decreasing Short

1,610

4.9679 GBP

10p ordinary

SWAP

Decreasing Short

55

4.9689 GBP

10p ordinary

SWAP

Decreasing Short

29

4.9696 GBP

10p ordinary

SWAP

Decreasing Short

4,147

4.9777 GBP

10p ordinary

SWAP

Increasing Short

186

4.9300 GBP

10p ordinary

SWAP

Increasing Short

1,318

4.9423 GBP

10p ordinary

SWAP

Increasing Short

5,330

4.9443 GBP

10p ordinary

SWAP

Increasing Short

2,175

4.9466 GBP

10p ordinary

SWAP

Increasing Short

38,695

4.9490 GBP

10p ordinary

SWAP

Increasing Short

7,429

4.9523 GBP

10p ordinary

SWAP

Increasing Short

4,897

4.9525 GBP

10p ordinary

SWAP

Increasing Short

10,474

4.9533 GBP

10p ordinary

SWAP

Increasing Short

2,166

4.9549 GBP

10p ordinary

SWAP

Increasing Short

1,835

4.9552 GBP

10p ordinary

SWAP

Increasing Short

19,531

4.9680 GBP

10p ordinary

SWAP

Decreasing Short

156

4.9340 GBP

10p ordinary

SWAP

Increasing Short

312

4.9340 GBP

10p ordinary

SWAP

Decreasing Short

28,488

4.9664 GBP

10p ordinary

SWAP

Increasing Short

565

4.9400 GBP

10p ordinary

SWAP

Increasing Short

16,961

4.9680 GBP

10p ordinary

SWAP

Increasing Short

3,098

4.9709 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:

16 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213