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:

13 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:

4,039,667

0.41%

3,097,794

0.32%

(2) Cash-settled derivatives:

2,708,862

0.28%

3,101,089

0.32%

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

0

0.00%

0

0.00%

TOTAL:

6,748,529

0.69%

6,198,883

0.64%

(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

2013545

4.8460 GBP

4.6606 GBP

10p ordinary

Sale

750869

4.8555 GBP

4.6601 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 Long

2,661

4.6717 GBP

10p ordinary

SWAP

Closing Long

2,719

4.7528 GBP

10p ordinary

SWAP

Closing Long

3,434

4.6983 GBP

10p ordinary

SWAP

Closing Long

170,718

4.7565 GBP

10p ordinary

SWAP

Closing Short

114,200

4.6610 GBP

10p ordinary

SWAP

Decreasing Long

45

4.6700 GBP

10p ordinary

SWAP

Decreasing Long

300

4.6899 GBP

10p ordinary

SWAP

Decreasing Long

529

4.6975 GBP

10p ordinary

CFD

Decreasing Long

618

4.8261 GBP

10p ordinary

SWAP

Decreasing Long

670

4.6780 GBP

10p ordinary

CFD

Decreasing Long

758

4.6613 GBP

10p ordinary

SWAP

Decreasing Long

1,000

4.8100 GBP

10p ordinary

CFD

Decreasing Long

1,178

4.7417 GBP

10p ordinary

SWAP

Decreasing Long

3,177

4.8000 GBP

10p ordinary

SWAP

Decreasing Long

3,203

4.7121 GBP

10p ordinary

SWAP

Decreasing Long

5,560

4.7775 GBP

10p ordinary

CFD

Decreasing Long

10,586

4.8210 GBP

10p ordinary

CFD

Decreasing Long

12,152

4.7784 GBP

10p ordinary

SWAP

Decreasing Long

27,798

4.8387 GBP

10p ordinary

CFD

Decreasing Long

41,350

4.7414 GBP

10p ordinary

CFD

Decreasing Long

44,483

4.6624 GBP

10p ordinary

SWAP

Decreasing Long

337,898

4.8365 GBP

10p ordinary

SWAP

Decreasing Short

326

4.7780 GBP

10p ordinary

SWAP

Decreasing Short

887

4.7067 GBP

10p ordinary

SWAP

Decreasing Short

1,042

4.7361 GBP

10p ordinary

SWAP

Decreasing Short

1,076

4.8367 GBP

10p ordinary

SWAP

Decreasing Short

1,877

4.7618 GBP

10p ordinary

SWAP

Decreasing Short

2,162

4.7647 GBP

10p ordinary

SWAP

Decreasing Short

2,240

4.6600 GBP

10p ordinary

SWAP

Decreasing Short

3,433

4.6775 GBP

10p ordinary

SWAP

Decreasing Short

14,214

4.7662 GBP

10p ordinary

SWAP

Decreasing Short

36,298

4.6611 GBP

10p ordinary

SWAP

Decreasing Short

60,574

4.6716 GBP

10p ordinary

SWAP

Decreasing Short

68,894

4.7536 GBP

10p ordinary

SWAP

Increasing Long

25

4.8399 GBP

10p ordinary

CFD

Increasing Long

600

4.6826 GBP

10p ordinary

CFD

Increasing Long

734

4.7048 GBP

10p ordinary

SWAP

Increasing Long

753

4.6573 GBP

10p ordinary

SWAP

Increasing Long

1,061

4.6614 GBP

10p ordinary

SWAP

Increasing Long

1,119

4.8098 GBP

10p ordinary

SWAP

Increasing Long

1,444

4.6621 GBP

10p ordinary

SWAP

Increasing Long

1,962

4.7749 GBP

10p ordinary

CFD

Increasing Long

2,158

4.7542 GBP

10p ordinary

SWAP

Increasing Long

2,770

4.8392 GBP

10p ordinary

SWAP

Increasing Long

2,884

4.7090 GBP

10p ordinary

SWAP

Increasing Long

2,958

4.6609 GBP

10p ordinary

SWAP

Increasing Long

3,764

4.6519 GBP

10p ordinary

SWAP

Increasing Long

4,818

4.8152 GBP

10p ordinary

CFD

Increasing Long

12,133

4.7405 GBP

10p ordinary

CFD

Increasing Long

30,220

4.7380 GBP

10p ordinary

SWAP

Increasing Short

883

4.8360 GBP

10p ordinary

SWAP

Increasing Short

930

4.8220 GBP

10p ordinary

SWAP

Increasing Short

1,047

4.7275 GBP

10p ordinary

SWAP

Increasing Short

1,500

4.7902 GBP

10p ordinary

SWAP

Increasing Short

1,682

4.7624 GBP

10p ordinary

SWAP

Increasing Short

2,131

4.8104 GBP

10p ordinary

SWAP

Increasing Short

2,611

4.6617 GBP

10p ordinary

SWAP

Increasing Short

3,739

4.7669 GBP

10p ordinary

SWAP

Increasing Short

3,854

4.7961 GBP

10p ordinary

SWAP

Increasing Short

8,400

4.7960 GBP

10p ordinary

SWAP

Increasing Short

76,001

4.7665 GBP

10p ordinary

SWAP

Increasing Short

297,974

4.7248 GBP

10p ordinary

SWAP

Increasing Short

371,549

4.6620 GBP

10p ordinary

SWAP

Opening Long

4,994

4.7187 GBP

10p ordinary

SWAP

Opening Long

25,000

4.7031 GBP

10p ordinary

SWAP

Opening Long

37,228

4.7697 GBP

10p ordinary

SWAP

Opening Short

51,302

4.6610 GBP

10p ordinary

SWAP

Opening Short

60,758

4.7420 GBP

10p ordinary

SWAP

Opening Short

94,328

4.7569 GBP

10p ordinary

SWAP

Opening Short

310,212

4.6610 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:

14 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213