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:

27 Mar 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:

9,454,812

0.97%

5,588,740

0.57%

(2) Cash-settled derivatives:

4,720,025

0.48%

8,098,712

0.83%

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

0

0.00%

0

0.00%

TOTAL: 

14,174,837

1.45%

13,687,452

1.40%

(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

3620167

4.7770 GBP

4.7180 GBP

10p ordinary

Sale

1277764

4.7770 GBP

4.7094 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

15,297

4.7530 GBP

10p ordinary

CFD

Decreasing Long

2

4.7350 GBP

10p ordinary

CFD

Decreasing Long

349

4.7540 GBP

10p ordinary

SWAP

Decreasing Long

1,360

4.7401 GBP

10p ordinary

CFD

Decreasing Long

3,730

4.7666 GBP

10p ordinary

CFD

Decreasing Long

17,074

4.7380 GBP

10p ordinary

CFD

Decreasing Long

17,644

4.7544 GBP

10p ordinary

CFD

Decreasing Long

26,765

4.7543 GBP

10p ordinary

SWAP

Decreasing Long

1,756,400

4.7335 GBP

10p ordinary

SWAP

Decreasing Short

17

4.7715 GBP

10p ordinary

SWAP

Decreasing Short

27

4.7615 GBP

10p ordinary

SWAP

Decreasing Short

55

4.7735 GBP

10p ordinary

SWAP

Decreasing Short

151

4.7708 GBP

10p ordinary

SWAP

Decreasing Short

216

4.7681 GBP

10p ordinary

SWAP

Decreasing Short

390

4.7517 GBP

10p ordinary

SWAP

Decreasing Short

551

4.7700 GBP

10p ordinary

SWAP

Decreasing Short

551

4.7560 GBP

10p ordinary

SWAP

Decreasing Short

700

4.7612 GBP

10p ordinary

SWAP

Decreasing Short

1,934

4.7666 GBP

10p ordinary

SWAP

Decreasing Short

1,939

4.7600 GBP

10p ordinary

SWAP

Decreasing Short

2,234

4.7609 GBP

10p ordinary

SWAP

Decreasing Short

4,039

4.7539 GBP

10p ordinary

SWAP

Decreasing Short

5,083

4.7517 GBP

10p ordinary

SWAP

Decreasing Short

20,182

4.7684 GBP

10p ordinary

SWAP

Decreasing Short

43,075

4.7536 GBP

10p ordinary

SWAP

Decreasing Short

50,722

4.7589 GBP

10p ordinary

SWAP

Decreasing Short

96,733

4.7583 GBP

10p ordinary

SWAP

Decreasing Short

110,718

4.7584 GBP

10p ordinary

SWAP

Increasing Long

626

4.7693 GBP

10p ordinary

CFD

Increasing Long

715

4.7416 GBP

10p ordinary

SWAP

Increasing Long

1,628

4.7557 GBP

10p ordinary

CFD

Increasing Long

1,823

4.7539 GBP

10p ordinary

SWAP

Increasing Long

2,163

4.7609 GBP

10p ordinary

SWAP

Increasing Long

2,492

4.7565 GBP

10p ordinary

SWAP

Increasing Long

3,584

4.7536 GBP

10p ordinary

CFD

Increasing Long

5,945

4.7319 GBP

10p ordinary

CFD

Increasing Long

7,649

4.7540 GBP

10p ordinary

CFD

Increasing Long

12,305

4.7406 GBP

10p ordinary

CFD

Increasing Long

26,067

4.7678 GBP

10p ordinary

CFD

Increasing Long

28,137

4.7626 GBP

10p ordinary

SWAP

Increasing Long

67,063

4.7539 GBP

10p ordinary

SWAP

Increasing Short

218

4.7498 GBP

10p ordinary

SWAP

Increasing Short

495

4.7497 GBP

10p ordinary

SWAP

Increasing Short

516

4.7594 GBP

10p ordinary

SWAP

Increasing Short

594

4.7705 GBP

10p ordinary

SWAP

Increasing Short

712

4.7670 GBP

10p ordinary

SWAP

Increasing Short

819

4.7553 GBP

10p ordinary

SWAP

Increasing Short

2,628

4.7487 GBP

10p ordinary

SWAP

Increasing Short

2,753

4.7451 GBP

10p ordinary

SWAP

Increasing Short

3,335

4.7673 GBP

10p ordinary

SWAP

Increasing Short

5,535

4.7486 GBP

10p ordinary

SWAP

Increasing Short

5,925

4.7741 GBP

10p ordinary

SWAP

Increasing Short

8,236

4.7738 GBP

10p ordinary

SWAP

Increasing Short

8,288

4.7744 GBP

10p ordinary

SWAP

Increasing Short

10,000

4.7434 GBP

10p ordinary

SWAP

Increasing Short

11,668

4.7650 GBP

10p ordinary

SWAP

Increasing Short

12,471

4.7666 GBP

10p ordinary

SWAP

Increasing Short

12,781

4.7736 GBP

10p ordinary

SWAP

Increasing Short

14,484

4.7274 GBP

10p ordinary

SWAP

Increasing Short

16,726

4.7534 GBP

10p ordinary

SWAP

Increasing Short

17,323

4.7621 GBP

10p ordinary

SWAP

Increasing Short

17,704

4.7412 GBP

10p ordinary

SWAP

Increasing Short

21,458

4.7419 GBP

10p ordinary

SWAP

Increasing Short

25,863

4.7742 GBP

10p ordinary

SWAP

Increasing Short

26,252

4.7667 GBP

10p ordinary

SWAP

Increasing Short

38,051

4.7527 GBP

10p ordinary

SWAP

Increasing Short

42,685

4.7616 GBP

10p ordinary

SWAP

Increasing Short

48,638

4.7482 GBP

10p ordinary

SWAP

Increasing Short

56,789

4.7564 GBP

10p ordinary

SWAP

Increasing Short

67,331

4.7539 GBP

10p ordinary

SWAP

Increasing Short

76,849

4.7637 GBP

10p ordinary

SWAP

Increasing Short

78,223

4.7318 GBP

10p ordinary

SWAP

Increasing Short

106,468

4.7549 GBP

10p ordinary

SWAP

Increasing Short

111,379

4.7540 GBP

10p ordinary

SWAP

Increasing Short

119,033

4.7474 GBP

10p ordinary

SWAP

Increasing Short

125,995

4.7638 GBP

10p ordinary

SWAP

Opening Long

26,970

4.7528 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:

28 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213