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:

02 Apr 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:

10,202,523

1.05%

5,516,730

0.57%

(2) Cash-settled derivatives:

4,654,546

0.48%

8,779,907

0.90%

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

0

0.00%

0

0.00%

TOTAL: 

14,857,069

1.52%

14,296,637

1.47%

(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

959458

4.7480 GBP

4.6386 GBP

10p ordinary

Sale

764869

4.7645 GBP

4.6386 GBP

ADR

Sale

7000

11.6769 USD

11.6769 USD

ADR

Purchase

7000

11.6769 USD

11.6769 USD

(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

6

4.7440 GBP

10p ordinary

SWAP

Opening Long

38

4.7440 GBP

10p ordinary

SWAP

Opening Long

60

4.7435 GBP

10p ordinary

SWAP

Opening Long

75

4.7480 GBP

10p ordinary

SWAP

Opening Long

103

4.7187 GBP

10p ordinary

SWAP

Opening Long

117

4.7515 GBP

10p ordinary

SWAP

Opening Long

118

4.7480 GBP

10p ordinary

SWAP

Opening Long

127

4.6872 GBP

10p ordinary

SWAP

Opening Long

157

4.7286 GBP

10p ordinary

SWAP

Opening Long

249

4.7284 GBP

10p ordinary

SWAP

Opening Long

287

4.7213 GBP

10p ordinary

SWAP

Opening Long

304

4.7435 GBP

10p ordinary

SWAP

Opening Long

335

4.6899 GBP

10p ordinary

SWAP

Opening Long

407

4.6853 GBP

10p ordinary

SWAP

Opening Long

451

4.6985 GBP

10p ordinary

SWAP

Opening Long

512

4.7479 GBP

10p ordinary

SWAP

Opening Long

795

4.7515 GBP

10p ordinary

SWAP

Opening Long

1,058

4.7290 GBP

10p ordinary

SWAP

Opening Long

1,092

4.6876 GBP

10p ordinary

CFD

Opening Long

1,587

4.6477 GBP

10p ordinary

CFD

Opening Long

1,939

4.6403 GBP

10p ordinary

SWAP

Opening Long

2,590

4.6985 GBP

10p ordinary

SWAP

Opening Long

2,754

4.6982 GBP

10p ordinary

SWAP

Opening Long

2,969

4.6925 GBP

10p ordinary

SWAP

Opening Long

3,175

4.6985 GBP

10p ordinary

CFD

Opening Long

3,296

4.6581 GBP

10p ordinary

CFD

Opening Long

3,996

4.7260 GBP

10p ordinary

CFD

Opening Long

6,454

4.7390 GBP

10p ordinary

CFD

Opening Long

8,007

4.6537 GBP

10p ordinary

SWAP

Opening Long

8,600

4.6607 GBP

10p ordinary

CFD

Opening Long

12,130

4.6778 GBP

10p ordinary

SWAP

Opening Long

12,346

4.6925 GBP

10p ordinary

CFD

Opening Long

12,643

4.6737 GBP

10p ordinary

SWAP

Opening Long

12,715

4.7005 GBP

10p ordinary

SWAP

Opening Long

15,315

4.6925 GBP

10p ordinary

SWAP

Opening Long

15,702

4.6580 GBP

10p ordinary

CFD

Opening Long

16,431

4.6534 GBP

10p ordinary

CFD

Opening Long

17,386

4.6877 GBP

10p ordinary

CFD

Opening Long

21,355

4.6513 GBP

10p ordinary

CFD

Opening Long

23,062

4.7075 GBP

10p ordinary

SWAP

Opening Short

21

4.6490 GBP

10p ordinary

SWAP

Opening Short

80

4.6559 GBP

10p ordinary

SWAP

Opening Short

98

4.7490 GBP

10p ordinary

SWAP

Opening Short

257

4.6540 GBP

10p ordinary

SWAP

Opening Short

533

4.6770 GBP

10p ordinary

SWAP

Opening Short

565

4.6764 GBP

10p ordinary

SWAP

Opening Short

751

4.6836 GBP

10p ordinary

SWAP

Opening Short

1,039

4.7475 GBP

10p ordinary

SWAP

Opening Short

1,121

4.6834 GBP

10p ordinary

SWAP

Opening Short

1,170

4.6758 GBP

10p ordinary

SWAP

Opening Short

1,235

4.6618 GBP

10p ordinary

SWAP

Opening Short

1,481

4.6441 GBP

10p ordinary

SWAP

Opening Short

1,845

4.6766 GBP

10p ordinary

SWAP

Opening Short

1,949

4.7124 GBP

10p ordinary

SWAP

Opening Short

2,026

4.7033 GBP

10p ordinary

SWAP

Opening Short

2,760

4.6510 GBP

10p ordinary

SWAP

Opening Short

3,311

4.6476 GBP

10p ordinary

SWAP

Opening Short

3,906

4.6508 GBP

10p ordinary

SWAP

Opening Short

9,709

4.6789 GBP

10p ordinary

SWAP

Opening Short

11,019

4.6754 GBP

10p ordinary

SWAP

Opening Short

13,396

4.6552 GBP

10p ordinary

SWAP

Opening Short

16,009

4.6559 GBP

10p ordinary

SWAP

Opening Short

30,240

4.6403 GBP

10p ordinary

SWAP

Opening Short

31,268

4.7130 GBP

10p ordinary

SWAP

Opening Short

33,259

4.6556 GBP

10p ordinary

SWAP

Opening Short

37,551

4.6515 GBP

10p ordinary

SWAP

Opening Short

44,342

4.6544 GBP

10p ordinary

SWAP

Opening Short

49,599

4.6749 GBP

10p ordinary

SWAP

Opening Short

76,780

4.6400 GBP

10p ordinary

SWAP

Opening Short

105,433

4.6673 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:

03 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213