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:

07 Feb 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:

3,213,675

0.33%

4,393,989

0.45%

(2) Cash-settled derivatives:

4,045,679

0.42%

2,343,590

0.24%

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

0

0.00%

0

0.00%

TOTAL: 

7,259,354

0.74%

6,737,579

0.69%

(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

Sale

4522714

5.1620 GBP

4.8100 GBP

10p ordinary

Purchase

4354488

5.1766 GBP

4.8100 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

76

5.1010 GBP

10p ordinary

SWAP

Opening Long

112

4.9469 GBP

10p ordinary

SWAP

Opening Long

167

5.0995 GBP

10p ordinary

SWAP

Opening Long

323

4.9527 GBP

10p ordinary

CFD

Opening Long

400

4.8648 GBP

10p ordinary

CFD

Opening Long

460

5.0155 GBP

10p ordinary

SWAP

Opening Long

2,604

4.9568 GBP

10p ordinary

CFD

Opening Long

2,625

5.0100 GBP

10p ordinary

CFD

Opening Long

2,793

4.9736 GBP

10p ordinary

CFD

Opening Long

5,986

5.0200 GBP

10p ordinary

SWAP

Opening Long

6,100

4.9518 GBP

10p ordinary

SWAP

Opening Long

6,258

4.9842 GBP

10p ordinary

CFD

Opening Long

6,430

5.0537 GBP

10p ordinary

SWAP

Opening Long

7,978

5.1028 GBP

10p ordinary

SWAP

Opening Long

9,267

5.0107 GBP

10p ordinary

SWAP

Opening Long

10,204

5.0999 GBP

10p ordinary

CFD

Opening Long

11,915

4.9534 GBP

10p ordinary

SWAP

Opening Long

17,242

4.9732 GBP

10p ordinary

CFD

Opening Long

19,632

4.9009 GBP

10p ordinary

SWAP

Opening Long

29,350

4.9632 GBP

10p ordinary

SWAP

Opening Long

32,536

4.9619 GBP

10p ordinary

SWAP

Opening Long

35,677

4.9157 GBP

10p ordinary

SWAP

Opening Long

36,003

4.9516 GBP

10p ordinary

SWAP

Opening Long

40,779

5.0100 GBP

10p ordinary

SWAP

Opening Long

47,088

4.8888 GBP

10p ordinary

SWAP

Opening Long

55,467

4.9420 GBP

10p ordinary

SWAP

Opening Long

56,400

4.9317 GBP

10p ordinary

SWAP

Opening Long

75,000

5.0266 GBP

10p ordinary

SWAP

Opening Long

77,210

4.9583 GBP

10p ordinary

CFD

Opening Long

78,785

5.0100 GBP

10p ordinary

SWAP

Opening Long

84,600

4.9811 GBP

10p ordinary

SWAP

Opening Long

99,083

4.9748 GBP

10p ordinary

SWAP

Opening Long

100,000

4.8986 GBP

10p ordinary

SWAP

Opening Long

100,800

5.0096 GBP

10p ordinary

CFD

Opening Long

118,098

4.9518 GBP

10p ordinary

SWAP

Opening Long

136,991

4.9703 GBP

10p ordinary

SWAP

Opening Long

179,279

4.9864 GBP

10p ordinary

CFD

Opening Long

199,140

4.9595 GBP

10p ordinary

CFD

Opening Long

211,706

4.9243 GBP

10p ordinary

CFD

Opening Long

356,251

4.9584 GBP

10p ordinary

SWAP

Opening Long

436,571

4.9405 GBP

10p ordinary

SWAP

Opening Short

183

5.0091 GBP

10p ordinary

SWAP

Opening Short

197

5.0098 GBP

10p ordinary

SWAP

Opening Short

459

4.9700 GBP

10p ordinary

SWAP

Opening Short

1,770

4.9575 GBP

10p ordinary

SWAP

Opening Short

4,038

4.9304 GBP

10p ordinary

SWAP

Opening Short

7,359

4.9528 GBP

10p ordinary

SWAP

Opening Short

8,810

4.9305 GBP

10p ordinary

SWAP

Opening Short

19,663

4.9743 GBP

10p ordinary

SWAP

Opening Short

20,000

5.1507 GBP

10p ordinary

SWAP

Opening Short

25,006

4.9661 GBP

10p ordinary

SWAP

Opening Short

36,370

5.0070 GBP

10p ordinary

SWAP

Opening Short

46,103

4.9413 GBP

10p ordinary

SWAP

Opening Short

48,634

4.9578 GBP

10p ordinary

SWAP

Opening Short

72,000

4.9975 GBP

10p ordinary

SWAP

Opening Short

72,000

4.9034 GBP

10p ordinary

SWAP

Opening Short

79,854

4.9633 GBP

10p ordinary

SWAP

Opening Short

140,600

4.9912 GBP

10p ordinary

SWAP

Opening Short

166,444

5.0099 GBP

10p ordinary

SWAP

Opening Short

172,477

4.9445 GBP

10p ordinary

SWAP

Opening Short

216,000

4.9404 GBP

10p ordinary

SWAP

Opening Short

362,816

5.0100 GBP

10p ordinary

SWAP

Opening Short

390,323

4.9776 GBP

10p ordinary

SWAP

Opening Short

406,036

4.9326 GBP

10p ordinary

SWAP

Opening Short

432,000

4.9524 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:

08 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213