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:

31 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:

12,969,945

1.33%

4,945,134

0.51%

(2) Cash-settled derivatives:

3,963,455

0.41%

11,573,130

1.19%

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

0

0.00%

0

0.00%

TOTAL: 

16,933,400

1.74%

16,518,264

1.69%

(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

2624178

5.0504 GBP

5.0190 GBP

10p ordinary

Sale

2504399

5.0506 GBP

5.0180 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

10p ordinary

CFD

Decreasing Long

27

5.0359 GBP

10p ordinary

SWAP

Decreasing Long

1,344

5.0294 GBP

10p ordinary

CFD

Decreasing Long

3,091

5.0207 GBP

10p ordinary

SWAP

Decreasing Long

4,416

5.0416 GBP

10p ordinary

SWAP

Decreasing Long

4,636

5.0386 GBP

10p ordinary

SWAP

Decreasing Long

4,824

5.0274 GBP

10p ordinary

SWAP

Decreasing Long

5,216

5.0344 GBP

10p ordinary

SWAP

Decreasing Long

7,987

5.0459 GBP

10p ordinary

CFD

Decreasing Long

10,648

5.0234 GBP

10p ordinary

CFD

Decreasing Long

24,003

5.0240 GBP

10p ordinary

SWAP

Decreasing Long

39,286

5.0320 GBP

10p ordinary

CFD

Decreasing Long

41,734

5.0324 GBP

10p ordinary

SWAP

Decreasing Short

4

5.0619 GBP

10p ordinary

SWAP

Decreasing Short

86

5.0579 GBP

10p ordinary

SWAP

Decreasing Short

109

5.0299 GBP

10p ordinary

SWAP

Decreasing Short

1,384

5.0348 GBP

10p ordinary

SWAP

Decreasing Short

1,416

5.0354 GBP

10p ordinary

SWAP

Decreasing Short

2,385

5.0515 GBP

10p ordinary

SWAP

Decreasing Short

2,661

5.0488 GBP

10p ordinary

SWAP

Decreasing Short

2,700

5.0652 GBP

10p ordinary

SWAP

Decreasing Short

3,572

5.0251 GBP

10p ordinary

SWAP

Decreasing Short

4,518

5.0319 GBP

10p ordinary

SWAP

Decreasing Short

4,668

5.0350 GBP

10p ordinary

SWAP

Decreasing Short

6,862

5.0455 GBP

10p ordinary

SWAP

Decreasing Short

8,650

5.0514 GBP

10p ordinary

SWAP

Decreasing Short

9,339

5.0339 GBP

10p ordinary

SWAP

Decreasing Short

13,193

5.0225 GBP

10p ordinary

SWAP

Decreasing Short

65,573

5.0325 GBP

10p ordinary

SWAP

Decreasing Short

70,402

5.0314 GBP

10p ordinary

SWAP

Decreasing Short

207,612

5.0297 GBP

10p ordinary

SWAP

Decreasing Short

307,095

5.0319 GBP

10p ordinary

CFD

Increasing Long

345

5.0255 GBP

10p ordinary

CFD

Increasing Long

421

5.0349 GBP

10p ordinary

SWAP

Increasing Long

566

5.0220 GBP

10p ordinary

CFD

Increasing Long

1,246

5.0340 GBP

10p ordinary

CFD

Increasing Long

4,614

5.0287 GBP

10p ordinary

CFD

Increasing Long

9,120

5.0320 GBP

10p ordinary

CFD

Increasing Long

14,883

5.0302 GBP

10p ordinary

SWAP

Increasing Short

47

5.0260 GBP

10p ordinary

SWAP

Increasing Short

142

5.0411 GBP

10p ordinary

SWAP

Increasing Short

1,446

5.0364 GBP

10p ordinary

SWAP

Increasing Short

1,599

5.0464 GBP

10p ordinary

SWAP

Increasing Short

1,798

5.0301 GBP

10p ordinary

SWAP

Increasing Short

1,977

5.0302 GBP

10p ordinary

SWAP

Increasing Short

2,168

5.0281 GBP

10p ordinary

SWAP

Increasing Short

2,852

5.0317 GBP

10p ordinary

SWAP

Increasing Short

26,323

5.0321 GBP

10p ordinary

SWAP

Increasing Short

27,660

5.0399 GBP

10p ordinary

SWAP

Increasing Short

58,554

5.0320 GBP

10p ordinary

SWAP

Increasing Short

267,487

5.0319 GBP

10p ordinary

SWAP

Increasing Short

352,523

5.0320 GBP

10p ordinary

SWAP

Opening Short

23,900

5.0332 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 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213