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:

18 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:

12,292,967

1.26%

4,074,091

0.42%

(2) Cash-settled derivatives:

3,319,157

0.34%

10,906,056

1.12%

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

0

0.00%

0

0.00%

TOTAL: 

15,612,124

1.60%

14,980,147

1.54%

(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

1027377

4.9054 GBP

4.8151 GBP

10p ordinary

Sale

569362

4.9200 GBP

4.8176 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

76

4.8703 GBP

10p ordinary

SWAP

Closing Long

121

4.8720 GBP

10p ordinary

SWAP

Closing Long

228

4.8403 GBP

10p ordinary

SWAP

Closing Long

374

4.8793 GBP

10p ordinary

SWAP

Closing Long

683

4.8970 GBP

10p ordinary

SWAP

Closing Long

792

4.8980 GBP

10p ordinary

SWAP

Closing Long

1,873

4.8577 GBP

10p ordinary

SWAP

Closing Long

2,274

4.8190 GBP

10p ordinary

SWAP

Decreasing Long

51

4.8796 GBP

10p ordinary

SWAP

Decreasing Long

113

4.8794 GBP

10p ordinary

SWAP

Decreasing Long

190

4.8745 GBP

10p ordinary

SWAP

Decreasing Long

219

4.8721 GBP

10p ordinary

SWAP

Decreasing Long

408

4.8703 GBP

10p ordinary

SWAP

Decreasing Long

473

4.8793 GBP

10p ordinary

SWAP

Decreasing Long

576

4.8716 GBP

10p ordinary

SWAP

Decreasing Long

850

4.8689 GBP

10p ordinary

SWAP

Decreasing Long

1,988

4.8403 GBP

10p ordinary

SWAP

Decreasing Long

2,462

4.8792 GBP

10p ordinary

SWAP

Decreasing Long

2,592

4.8723 GBP

10p ordinary

SWAP

Decreasing Long

3,623

4.8702 GBP

10p ordinary

SWAP

Decreasing Long

3,999

4.8554 GBP

10p ordinary

SWAP

Decreasing Long

10,864

4.8577 GBP

10p ordinary

SWAP

Decreasing Long

19,908

4.8190 GBP

10p ordinary

SWAP

Decreasing Short

161

4.9270 GBP

10p ordinary

SWAP

Decreasing Short

397

4.9200 GBP

10p ordinary

SWAP

Decreasing Short

535

4.8639 GBP

10p ordinary

SWAP

Decreasing Short

712

4.8646 GBP

10p ordinary

SWAP

Decreasing Short

744

4.8927 GBP

10p ordinary

CFD

Decreasing Short

978

4.8605 GBP

10p ordinary

SWAP

Decreasing Short

1,620

4.8816 GBP

10p ordinary

SWAP

Decreasing Short

1,721

4.8890 GBP

10p ordinary

CFD

Decreasing Short

1,769

4.9015 GBP

10p ordinary

SWAP

Decreasing Short

1,907

4.8578 GBP

10p ordinary

SWAP

Decreasing Short

2,432

4.8534 GBP

10p ordinary

SWAP

Decreasing Short

3,420

4.8583 GBP

10p ordinary

SWAP

Decreasing Short

4,096

4.8744 GBP

10p ordinary

SWAP

Decreasing Short

4,253

4.8633 GBP

10p ordinary

SWAP

Decreasing Short

6,422

4.8189 GBP

10p ordinary

SWAP

Decreasing Short

7,438

4.8674 GBP

10p ordinary

SWAP

Decreasing Short

7,485

4.8726 GBP

10p ordinary

SWAP

Decreasing Short

12,203

4.8651 GBP

10p ordinary

CFD

Decreasing Short

12,259

4.8971 GBP

10p ordinary

SWAP

Decreasing Short

24,396

4.8205 GBP

10p ordinary

SWAP

Decreasing Short

78,832

4.8851 GBP

10p ordinary

SWAP

Increasing Short

48

4.8290 GBP

10p ordinary

SWAP

Increasing Short

98

4.8961 GBP

10p ordinary

SWAP

Increasing Short

128

4.8370 GBP

10p ordinary

SWAP

Increasing Short

130

4.8520 GBP

10p ordinary

SWAP

Increasing Short

156

4.9030 GBP

10p ordinary

SWAP

Increasing Short

231

4.8760 GBP

10p ordinary

SWAP

Increasing Short

322

4.9270 GBP

10p ordinary

SWAP

Increasing Short

646

4.9015 GBP

10p ordinary

SWAP

Increasing Short

1,566

4.8411 GBP

10p ordinary

SWAP

Increasing Short

1,800

4.8740 GBP

10p ordinary

CFD

Increasing Short

2,063

4.8190 GBP

10p ordinary

SWAP

Increasing Short

5,239

4.8349 GBP

10p ordinary

CFD

Increasing Short

11,965

4.9054 GBP

10p ordinary

CFD

Increasing Short

18,645

4.8676 GBP

10p ordinary

SWAP

Increasing Short

20,226

4.8695 GBP

10p ordinary

CFD

Increasing Short

21,100

4.8193 GBP

10p ordinary

CFD

Increasing Short

30,230

4.8692 GBP

10p ordinary

SWAP

Increasing Short

46,214

4.8520 GBP

10p ordinary

SWAP

Increasing Short

92,141

4.8717 GBP

10p ordinary

SWAP

Increasing Short

128,166

4.8190 GBP

10p ordinary

SWAP

Opening Short

4,255

4.8192 GBP

10p ordinary

SWAP

Opening Short

12,634

4.8714 GBP

10p ordinary

SWAP

Opening Short

26,753

4.8743 GBP

10p ordinary

SWAP

Opening Short

30,985

4.8770 GBP

10p ordinary

SWAP

Opening Short

94,801

4.8190 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:

19 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213