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 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:

8,405,636

0.86%

7,849,675

0.81%

(2) Cash-settled derivatives:

6,953,852

0.71%

6,783,183

0.70%

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

0

0.00%

0

0.00%

TOTAL: 

15,359,488

1.58%

14,632,858

1.50%

(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

867029

4.7773 GBP

4.6885 GBP

10p ordinary

Sale

1132275

4.7772 GBP

4.6860 GBP

ADR

Purchase

5592

12.1024 USD

12.1024 USD

ADR

Sale

5592

12.1024 USD

12.1024 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

Decreasing Long

32

4.7294 GBP

10p ordinary

SWAP

Decreasing Long

40

4.7220 GBP

10p ordinary

SWAP

Decreasing Long

98

4.7189 GBP

10p ordinary

SWAP

Decreasing Long

134

4.7180 GBP

10p ordinary

CFD

Decreasing Long

3,329

4.7284 GBP

10p ordinary

CFD

Decreasing Long

7,078

4.7769 GBP

10p ordinary

CFD

Decreasing Long

13,074

4.7036 GBP

10p ordinary

CFD

Decreasing Long

15,047

4.7770 GBP

10p ordinary

SWAP

Decreasing Long

36,200

4.7533 GBP

10p ordinary

SWAP

Decreasing Short

36

4.7475 GBP

10p ordinary

SWAP

Decreasing Short

377

4.7000 GBP

10p ordinary

SWAP

Decreasing Short

584

4.7115 GBP

10p ordinary

SWAP

Decreasing Short

1,355

4.7091 GBP

10p ordinary

SWAP

Decreasing Short

1,935

4.7244 GBP

10p ordinary

SWAP

Decreasing Short

23,098

4.7407 GBP

10p ordinary

SWAP

Decreasing Short

91,729

4.7760 GBP

10p ordinary

SWAP

Decreasing Short

123,060

4.7769 GBP

10p ordinary

SWAP

Decreasing Short

141,500

4.7770 GBP

10p ordinary

CFD

Increasing Long

120

4.7615 GBP

10p ordinary

SWAP

Increasing Long

154

4.7095 GBP

10p ordinary

SWAP

Increasing Long

281

4.7100 GBP

10p ordinary

SWAP

Increasing Long

407

4.7529 GBP

10p ordinary

CFD

Increasing Long

519

4.7769 GBP

10p ordinary

SWAP

Increasing Long

755

4.7626 GBP

10p ordinary

SWAP

Increasing Long

988

4.7155 GBP

10p ordinary

SWAP

Increasing Long

989

4.7026 GBP

10p ordinary

SWAP

Increasing Long

1,217

4.6998 GBP

10p ordinary

SWAP

Increasing Long

1,233

4.6995 GBP

10p ordinary

SWAP

Increasing Long

1,287

4.7139 GBP

10p ordinary

CFD

Increasing Long

2,299

4.7455 GBP

10p ordinary

SWAP

Increasing Long

2,696

4.7237 GBP

10p ordinary

CFD

Increasing Long

2,832

4.7519 GBP

10p ordinary

CFD

Increasing Long

3,293

4.7132 GBP

10p ordinary

SWAP

Increasing Long

4,248

4.7197 GBP

10p ordinary

SWAP

Increasing Long

4,395

4.7459 GBP

10p ordinary

CFD

Increasing Long

6,338

4.7626 GBP

10p ordinary

CFD

Increasing Long

6,455

4.7382 GBP

10p ordinary

SWAP

Increasing Long

10,303

4.7448 GBP

10p ordinary

SWAP

Increasing Long

10,779

4.7233 GBP

10p ordinary

CFD

Increasing Long

12,470

4.6998 GBP

10p ordinary

SWAP

Increasing Long

17,894

4.7244 GBP

10p ordinary

CFD

Increasing Long

36,986

4.7766 GBP

10p ordinary

SWAP

Increasing Long

50,678

4.7769 GBP

10p ordinary

SWAP

Increasing Short

163

4.6930 GBP

10p ordinary

SWAP

Increasing Short

288

4.6830 GBP

10p ordinary

SWAP

Increasing Short

441

4.6960 GBP

10p ordinary

SWAP

Increasing Short

938

4.7297 GBP

10p ordinary

SWAP

Increasing Short

1,603

4.7203 GBP

10p ordinary

SWAP

Increasing Short

1,964

4.7289 GBP

10p ordinary

SWAP

Increasing Short

19,881

4.7256 GBP

10p ordinary

SWAP

Increasing Short

40,015

4.7415 GBP

10p ordinary

SWAP

Increasing Short

43,056

4.7770 GBP

10p ordinary

SWAP

Increasing Short

46,573

4.7202 GBP

10p ordinary

SWAP

Opening Long

30,522

4.7404 GBP

10p ordinary

SWAP

Opening Long

60,480

4.7766 GBP

10p ordinary

SWAP

Opening Short

3,394

4.7496 GBP

10p ordinary

SWAP

Opening Short

11,199

4.7773 GBP

10p ordinary

SWAP

Opening Short

28,886

4.7678 GBP

10p ordinary

SWAP

Opening Short

40,019

4.7596 GBP

10p ordinary

SWAP

Opening Short

41,859

4.7516 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:

11 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213