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:

02 May 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:

13,818,056

1.42%

6,102,166

0.63%

(2) Cash-settled derivatives:

5,197,524

0.53%

12,406,498

1.27%

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

0

0.00%

0

0.00%

TOTAL: 

19,015,580

1.95%

18,508,664

1.90%

(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

528328

4.6070 GBP

4.5693 GBP

10p ordinary

Sale

594036

4.6070 GBP

4.5740 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

Decreasing Long

24

4.5894 GBP

10p ordinary

SWAP

Decreasing Long

50

4.5904 GBP

10p ordinary

SWAP

Decreasing Long

53

4.6043 GBP

10p ordinary

SWAP

Decreasing Long

104

4.5933 GBP

10p ordinary

SWAP

Decreasing Long

184

4.5964 GBP

10p ordinary

SWAP

Decreasing Long

261

4.6040 GBP

10p ordinary

SWAP

Decreasing Long

379

4.5954 GBP

10p ordinary

SWAP

Decreasing Long

477

4.5907 GBP

10p ordinary

SWAP

Decreasing Long

530

4.5938 GBP

10p ordinary

SWAP

Decreasing Long

735

4.5988 GBP

10p ordinary

SWAP

Decreasing Long

761

4.5772 GBP

10p ordinary

SWAP

Decreasing Long

1,517

4.5922 GBP

10p ordinary

SWAP

Decreasing Long

1,865

4.5957 GBP

10p ordinary

SWAP

Decreasing Long

2,816

4.5995 GBP

10p ordinary

SWAP

Decreasing Long

6,764

4.5944 GBP

10p ordinary

CFD

Decreasing Long

7,829

4.5926 GBP

10p ordinary

SWAP

Decreasing Long

19,350

4.6030 GBP

10p ordinary

CFD

Decreasing Long

23,193

4.5964 GBP

10p ordinary

CFD

Decreasing Long

24,387

4.6029 GBP

10p ordinary

SWAP

Decreasing Short

33

4.5910 GBP

10p ordinary

SWAP

Decreasing Short

127

4.5957 GBP

10p ordinary

SWAP

Decreasing Short

335

4.5933 GBP

10p ordinary

SWAP

Decreasing Short

554

4.5915 GBP

10p ordinary

SWAP

Decreasing Short

716

4.5865 GBP

10p ordinary

SWAP

Decreasing Short

796

4.5969 GBP

10p ordinary

SWAP

Decreasing Short

1,606

4.5971 GBP

10p ordinary

SWAP

Decreasing Short

1,929

4.5985 GBP

10p ordinary

SWAP

Decreasing Short

1,932

4.5915 GBP

10p ordinary

SWAP

Decreasing Short

2,028

4.5930 GBP

10p ordinary

SWAP

Decreasing Short

2,392

4.6029 GBP

10p ordinary

SWAP

Decreasing Short

2,736

4.5982 GBP

10p ordinary

SWAP

Decreasing Short

3,056

4.5936 GBP

10p ordinary

SWAP

Decreasing Short

3,128

4.5995 GBP

10p ordinary

SWAP

Decreasing Short

3,272

4.5960 GBP

10p ordinary

SWAP

Decreasing Short

3,757

4.5937 GBP

10p ordinary

SWAP

Decreasing Short

3,907

4.5924 GBP

10p ordinary

SWAP

Decreasing Short

6,144

4.5946 GBP

10p ordinary

SWAP

Decreasing Short

15,692

4.6030 GBP

10p ordinary

SWAP

Decreasing Short

26,739

4.6028 GBP

10p ordinary

SWAP

Decreasing Short

55,440

4.6026 GBP

10p ordinary

SWAP

Decreasing Short

105,341

4.5944 GBP

10p ordinary

CFD

Increasing Long

12

4.6033 GBP

10p ordinary

CFD

Increasing Long

88

4.5739 GBP

10p ordinary

CFD

Increasing Long

47,480

4.5927 GBP

10p ordinary

SWAP

Increasing Short

17

4.5940 GBP

10p ordinary

SWAP

Increasing Short

28

4.5930 GBP

10p ordinary

SWAP

Increasing Short

33

4.6012 GBP

10p ordinary

SWAP

Increasing Short

82

4.5693 GBP

10p ordinary

SWAP

Increasing Short

437

4.5945 GBP

10p ordinary

SWAP

Increasing Short

946

4.5852 GBP

10p ordinary

SWAP

Increasing Short

1,207

4.5889 GBP

10p ordinary

SWAP

Increasing Short

1,427

4.5796 GBP

10p ordinary

SWAP

Increasing Short

1,999

4.5957 GBP

10p ordinary

SWAP

Increasing Short

3,708

4.5953 GBP

10p ordinary

SWAP

Increasing Short

5,291

4.5950 GBP

10p ordinary

SWAP

Increasing Short

7,637

4.5960 GBP

10p ordinary

SWAP

Increasing Short

11,100

4.6017 GBP

10p ordinary

SWAP

Increasing Short

29,325

4.5941 GBP

10p ordinary

SWAP

Increasing Short

69,989

4.6021 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:

03 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213