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:

26 Jun 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:

11,894,412

1.22%

4,017,120

0.41%

(2) Cash-settled derivatives:

3,097,529

0.32%

10,368,292

1.06%

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

0

0.00%

0

0.00%

TOTAL: 

14,991,941

1.54%

14,385,412

1.48%

(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

1024680

4.7890 GBP

4.6920 GBP

10p ordinary

Sale

1567548

4.7890 GBP

4.6920 GBP

ADR

Purchase

106

11.8300 USD

11.8300 USD

ADR

Sale

106

11.8300 USD

11.8300 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

Closing Long

157

4.7161 GBP

10p ordinary

SWAP

Closing Long

1,255

4.7177 GBP

10p ordinary

SWAP

Closing Long

4,052

4.7175 GBP

10p ordinary

SWAP

Closing Long

9,052

4.7180 GBP

10p ordinary

SWAP

Closing Short

285

4.6967 GBP

10p ordinary

CFD

Closing Short

294

4.7444 GBP

10p ordinary

SWAP

Closing Short

3,560

4.7239 GBP

10p ordinary

CFD

Closing Short

4,530

4.7301 GBP

10p ordinary

SWAP

Closing Short

7,504

4.7182 GBP

10p ordinary

SWAP

Closing Short

15,174

4.7180 GBP

10p ordinary

CFD

Closing Short

21,508

4.7064 GBP

10p ordinary

SWAP

Closing Short

23,258

4.7146 GBP

10p ordinary

SWAP

Decreasing Long

178

4.7161 GBP

10p ordinary

SWAP

Decreasing Long

1,419

4.7177 GBP

10p ordinary

SWAP

Decreasing Long

3,009

4.7175 GBP

10p ordinary

SWAP

Decreasing Long

11,680

4.7180 GBP

10p ordinary

SWAP

Decreasing Short

1

4.7180 GBP

10p ordinary

SWAP

Decreasing Short

24

4.7029 GBP

10p ordinary

SWAP

Decreasing Short

242

4.7135 GBP

10p ordinary

SWAP

Decreasing Short

519

4.7116 GBP

10p ordinary

SWAP

Decreasing Short

916

4.7059 GBP

10p ordinary

SWAP

Decreasing Short

1,046

4.7428 GBP

10p ordinary

SWAP

Decreasing Short

1,570

4.7351 GBP

10p ordinary

SWAP

Decreasing Short

2,054

4.7056 GBP

10p ordinary

SWAP

Decreasing Short

2,103

4.7049 GBP

10p ordinary

SWAP

Decreasing Short

2,500

4.6984 GBP

10p ordinary

SWAP

Decreasing Short

2,541

4.7460 GBP

10p ordinary

SWAP

Decreasing Short

3,139

4.7566 GBP

10p ordinary

SWAP

Decreasing Short

4,550

4.7198 GBP

10p ordinary

SWAP

Decreasing Short

12,773

4.7132 GBP

10p ordinary

SWAP

Decreasing Short

19,783

4.7115 GBP

10p ordinary

SWAP

Decreasing Short

39,301

4.7202 GBP

10p ordinary

SWAP

Decreasing Short

40,320

4.7176 GBP

10p ordinary

SWAP

Decreasing Short

67,016

4.7183 GBP

10p ordinary

SWAP

Decreasing Short

123,840

4.7156 GBP

10p ordinary

SWAP

Decreasing Short

129,792

4.7173 GBP

10p ordinary

SWAP

Increasing Short

17

4.7090 GBP

10p ordinary

SWAP

Increasing Short

19

4.7140 GBP

10p ordinary

SWAP

Increasing Short

458

4.7217 GBP

10p ordinary

SWAP

Increasing Short

736

4.7569 GBP

10p ordinary

SWAP

Increasing Short

1,040

4.7180 GBP

10p ordinary

SWAP

Increasing Short

1,226

4.7070 GBP

10p ordinary

SWAP

Increasing Short

3,450

4.7485 GBP

10p ordinary

SWAP

Increasing Short

4,452

4.7076 GBP

10p ordinary

SWAP

Increasing Short

14,669

4.7328 GBP

10p ordinary

SWAP

Increasing Short

29,950

4.7327 GBP

10p ordinary

SWAP

Increasing Short

31,033

4.7111 GBP

10p ordinary

SWAP

Increasing Short

185,637

4.7740 GBP

10p ordinary

CFD

Opening Long

3,298

4.7065 GBP

10p ordinary

CFD

Opening Long

3,852

4.7136 GBP

10p ordinary

CFD

Opening Long

10,354

4.7141 GBP

10p ordinary

CFD

Opening Long

15,621

4.7176 GBP

10p ordinary

CFD

Opening Long

23,804

4.7179 GBP

10p ordinary

SWAP

Opening Long

38,517

4.7155 GBP

10p ordinary

SWAP

Opening Long

49,268

4.7180 GBP

10p ordinary

CFD

Opening Long

60,165

4.7254 GBP

10p ordinary

SWAP

Opening Long

308,160

4.7156 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:

27 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213