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:

28 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:

12,436,980

1.28%

5,258,878

0.54%

(2) Cash-settled derivatives:

4,451,135

0.46%

11,085,237

1.14%

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

0

0.00%

0

0.00%

TOTAL: 

16,888,115

1.73%

16,344,115

1.68%

(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

1060371

5.1500 GBP

5.0551 GBP

10p ordinary

Sale

783599

5.1500 GBP

5.0625 GBP

ADR

Purchase

1500

12.9200 USD

12.9200 USD

ADR

Sale

1500

12.9200 USD

12.9200 USD

(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

18

5.1263 GBP

10p ordinary

SWAP

Decreasing Long

59

5.1259 GBP

10p ordinary

SWAP

Decreasing Long

183

5.1261 GBP

10p ordinary

SWAP

Decreasing Long

190

5.1264 GBP

10p ordinary

SWAP

Decreasing Long

418

5.1145 GBP

10p ordinary

CFD

Decreasing Long

477

5.0663 GBP

10p ordinary

SWAP

Decreasing Long

976

5.1024 GBP

10p ordinary

SWAP

Decreasing Long

1,022

5.1185 GBP

10p ordinary

CFD

Decreasing Long

1,023

5.0664 GBP

10p ordinary

SWAP

Decreasing Long

1,213

5.1085 GBP

10p ordinary

SWAP

Decreasing Long

1,674

5.1345 GBP

10p ordinary

SWAP

Decreasing Long

2,146

5.1260 GBP

10p ordinary

SWAP

Decreasing Long

2,185

5.1271 GBP

10p ordinary

SWAP

Decreasing Long

3,269

5.1020 GBP

10p ordinary

SWAP

Decreasing Long

3,337

5.1270 GBP

10p ordinary

SWAP

Decreasing Long

3,808

5.1162 GBP

10p ordinary

SWAP

Decreasing Long

3,821

5.1083 GBP

10p ordinary

SWAP

Decreasing Long

4,314

5.1084 GBP

10p ordinary

SWAP

Decreasing Long

4,659

5.1052 GBP

10p ordinary

SWAP

Decreasing Long

5,147

5.1186 GBP

10p ordinary

SWAP

Decreasing Long

5,695

5.1279 GBP

10p ordinary

SWAP

Decreasing Long

6,016

5.1086 GBP

10p ordinary

SWAP

Decreasing Long

6,199

5.0564 GBP

10p ordinary

SWAP

Decreasing Long

6,854

5.1184 GBP

10p ordinary

CFD

Decreasing Long

13,157

5.1151 GBP

10p ordinary

SWAP

Decreasing Long

14,746

5.0720 GBP

10p ordinary

SWAP

Decreasing Long

16,228

5.1025 GBP

10p ordinary

SWAP

Decreasing Long

34,363

5.1014 GBP

10p ordinary

SWAP

Decreasing Short

77

5.1159 GBP

10p ordinary

SWAP

Decreasing Short

546

5.1300 GBP

10p ordinary

SWAP

Decreasing Short

1,068

5.0654 GBP

10p ordinary

SWAP

Decreasing Short

1,384

5.1260 GBP

10p ordinary

SWAP

Decreasing Short

2,237

5.1085 GBP

10p ordinary

SWAP

Decreasing Short

2,525

5.1163 GBP

10p ordinary

SWAP

Decreasing Short

2,959

5.1069 GBP

10p ordinary

SWAP

Decreasing Short

3,631

5.1259 GBP

10p ordinary

SWAP

Decreasing Short

3,937

5.0943 GBP

10p ordinary

SWAP

Decreasing Short

5,240

5.0960 GBP

10p ordinary

SWAP

Decreasing Short

6,927

5.1217 GBP

10p ordinary

SWAP

Decreasing Short

8,400

5.1001 GBP

10p ordinary

SWAP

Decreasing Short

10,648

5.1208 GBP

10p ordinary

SWAP

Decreasing Short

12,256

5.1289 GBP

10p ordinary

SWAP

Decreasing Short

14,678

5.1213 GBP

10p ordinary

SWAP

Decreasing Short

17,520

5.1322 GBP

10p ordinary

SWAP

Decreasing Short

20,794

5.1264 GBP

10p ordinary

SWAP

Decreasing Short

21,552

5.0720 GBP

10p ordinary

SWAP

Decreasing Short

34,194

5.0734 GBP

10p ordinary

SWAP

Decreasing Short

35,676

5.0938 GBP

10p ordinary

SWAP

Decreasing Short

40,022

5.1301 GBP

10p ordinary

SWAP

Decreasing Short

67,449

5.0989 GBP

10p ordinary

CFD

Increasing Long

460

5.1273 GBP

10p ordinary

CFD

Increasing Long

6,625

5.1453 GBP

10p ordinary

SWAP

Increasing Long

8,693

5.1238 GBP

10p ordinary

CFD

Increasing Long

9,789

5.1436 GBP

10p ordinary

CFD

Increasing Long

12,697

5.0719 GBP

10p ordinary

SWAP

Increasing Short

1

5.0540 GBP

10p ordinary

SWAP

Increasing Short

13

5.0620 GBP

10p ordinary

SWAP

Increasing Short

72

5.1180 GBP

10p ordinary

SWAP

Increasing Short

118

5.0641 GBP

10p ordinary

SWAP

Increasing Short

253

5.0560 GBP

10p ordinary

SWAP

Increasing Short

605

5.0583 GBP

10p ordinary

SWAP

Increasing Short

692

5.1268 GBP

10p ordinary

SWAP

Increasing Short

1,593

5.1440 GBP

10p ordinary

SWAP

Increasing Short

2,536

5.0795 GBP

10p ordinary

SWAP

Increasing Short

11,243

5.0985 GBP

10p ordinary

SWAP

Increasing Short

29,082

5.0614 GBP

10p ordinary

SWAP

Increasing Short

39,422

5.0720 GBP

10p ordinary

SWAP

Increasing Short

46,836

5.0775 GBP

10p ordinary

SWAP

Increasing Short

267,975

5.0883 GBP

10p ordinary

SWAP

Opening Short

1,800

5.0569 GBP

10p ordinary

SWAP

Opening Short

1,842

5.0576 GBP

10p ordinary

SWAP

Opening Short

1,921

5.0796 GBP

10p ordinary

SWAP

Opening Short

4,278

5.0603 GBP

10p ordinary

SWAP

Opening Short

6,326

5.0619 GBP

10p ordinary

SWAP

Opening Short

14,373

5.0721 GBP

10p ordinary

SWAP

Opening Short

36,987

5.0956 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:

29 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213