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:

04 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:

13,279,357

1.36%

4,925,443

0.51%

(2) Cash-settled derivatives:

3,892,223

0.40%

11,853,480

1.22%

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

0

0.00%

0

0.00%

TOTAL: 

17,171,580

1.76%

16,778,923

1.72%

(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

671512

5.0784 GBP

5.0242 GBP

10p ordinary

Sale

677278

5.0809 GBP

5.0080 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

337

5.0259 GBP

10p ordinary

SWAP

Decreasing Long

464

5.0242 GBP

10p ordinary

SWAP

Decreasing Long

605

5.0262 GBP

10p ordinary

CFD

Decreasing Long

779

5.0679 GBP

10p ordinary

CFD

Decreasing Long

1,417

5.0612 GBP

10p ordinary

SWAP

Decreasing Long

1,857

5.0666 GBP

10p ordinary

SWAP

Decreasing Long

2,093

5.0699 GBP

10p ordinary

SWAP

Decreasing Long

2,102

5.0607 GBP

10p ordinary

CFD

Decreasing Long

2,307

5.0680 GBP

10p ordinary

CFD

Decreasing Long

2,861

5.0324 GBP

10p ordinary

SWAP

Decreasing Long

3,779

5.0529 GBP

10p ordinary

SWAP

Decreasing Long

11,772

5.0680 GBP

10p ordinary

SWAP

Decreasing Long

25,111

5.0665 GBP

10p ordinary

SWAP

Decreasing Short

1,011

5.0596 GBP

10p ordinary

SWAP

Decreasing Short

1,220

5.0327 GBP

10p ordinary

SWAP

Decreasing Short

1,712

5.0326 GBP

10p ordinary

SWAP

Decreasing Short

3,204

5.0320 GBP

10p ordinary

SWAP

Decreasing Short

8,512

5.0563 GBP

10p ordinary

SWAP

Decreasing Short

24,840

5.0639 GBP

10p ordinary

SWAP

Decreasing Short

29,889

5.0651 GBP

10p ordinary

SWAP

Decreasing Short

129,600

5.0399 GBP

10p ordinary

SWAP

Decreasing Short

302,400

5.0399 GBP

10p ordinary

CFD

Increasing Long

146

5.0315 GBP

10p ordinary

CFD

Increasing Long

2,861

5.0675 GBP

10p ordinary

CFD

Increasing Long

4,503

5.0419 GBP

10p ordinary

SWAP

Increasing Short

28

5.0378 GBP

10p ordinary

SWAP

Increasing Short

629

5.0480 GBP

10p ordinary

SWAP

Increasing Short

666

5.0380 GBP

10p ordinary

SWAP

Increasing Short

1,450

5.0501 GBP

10p ordinary

SWAP

Increasing Short

1,548

5.0523 GBP

10p ordinary

SWAP

Increasing Short

1,638

5.0615 GBP

10p ordinary

SWAP

Increasing Short

2,020

5.0439 GBP

10p ordinary

SWAP

Increasing Short

2,027

5.0449 GBP

10p ordinary

SWAP

Increasing Short

3,365

5.0387 GBP

10p ordinary

SWAP

Increasing Short

4,399

5.0354 GBP

10p ordinary

SWAP

Increasing Short

6,092

5.0528 GBP

10p ordinary

SWAP

Increasing Short

6,720

5.0622 GBP

10p ordinary

SWAP

Increasing Short

7,004

5.0521 GBP

10p ordinary

SWAP

Increasing Short

7,796

5.0432 GBP

10p ordinary

SWAP

Increasing Short

17,874

5.0573 GBP

10p ordinary

SWAP

Increasing Short

18,660

5.0557 GBP

10p ordinary

SWAP

Increasing Short

30,138

5.0596 GBP

10p ordinary

SWAP

Increasing Short

55,706

5.0541 GBP

10p ordinary

SWAP

Increasing Short

66,144

5.0680 GBP

10p ordinary

SWAP

Increasing Short

94,966

5.0680 GBP

10p ordinary

SWAP

Increasing Short

146,832

5.0565 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:

05 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213