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:

11 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:

12,260,171

1.26%

4,539,109

0.47%

(2) Cash-settled derivatives:

3,639,971

0.37%

10,898,200

1.12%

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

0

0.00%

0

0.00%

TOTAL: 

15,900,142

1.63%

15,437,309

1.58%

(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

994101

5.1080 GBP

4.9594 GBP

10p ordinary

Sale

1284479

5.0640 GBP

4.9635 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

Closing Long

698

4.9645 GBP

10p ordinary

CFD

Closing Long

5,805

5.0490 GBP

10p ordinary

CFD

Closing Long

14,031

4.9650 GBP

10p ordinary

SWAP

Decreasing Long

203

5.0458 GBP

10p ordinary

SWAP

Decreasing Long

439

5.0241 GBP

10p ordinary

SWAP

Decreasing Long

471

4.9594 GBP

10p ordinary

SWAP

Decreasing Long

1,030

5.0545 GBP

10p ordinary

SWAP

Decreasing Long

1,942

5.0455 GBP

10p ordinary

SWAP

Decreasing Long

3,541

4.9696 GBP

10p ordinary

SWAP

Decreasing Long

3,726

5.0240 GBP

10p ordinary

SWAP

Decreasing Long

14,751

5.0043 GBP

10p ordinary

SWAP

Decreasing Long

35,735

4.9650 GBP

10p ordinary

SWAP

Decreasing Short

157

5.0140 GBP

10p ordinary

SWAP

Decreasing Short

476

4.9719 GBP

10p ordinary

SWAP

Decreasing Short

1,276

5.0340 GBP

10p ordinary

SWAP

Decreasing Short

1,551

5.0328 GBP

10p ordinary

SWAP

Decreasing Short

1,754

4.9735 GBP

10p ordinary

SWAP

Decreasing Short

3,066

5.0042 GBP

10p ordinary

SWAP

Decreasing Short

3,384

4.9949 GBP

10p ordinary

SWAP

Decreasing Short

3,570

5.0455 GBP

10p ordinary

SWAP

Decreasing Short

4,628

5.0163 GBP

10p ordinary

SWAP

Decreasing Short

5,886

4.9889 GBP

10p ordinary

SWAP

Decreasing Short

6,255

5.0566 GBP

10p ordinary

SWAP

Decreasing Short

6,301

5.0465 GBP

10p ordinary

SWAP

Decreasing Short

8,437

5.0211 GBP

10p ordinary

SWAP

Decreasing Short

9,630

5.0351 GBP

10p ordinary

SWAP

Decreasing Short

20,980

5.0560 GBP

10p ordinary

SWAP

Decreasing Short

32,774

4.9696 GBP

10p ordinary

SWAP

Decreasing Short

64,800

5.0342 GBP

10p ordinary

SWAP

Decreasing Short

90,991

4.9651 GBP

10p ordinary

SWAP

Decreasing Short

123,646

5.0294 GBP

10p ordinary

SWAP

Increasing Short

298

4.9653 GBP

10p ordinary

SWAP

Increasing Short

314

5.0140 GBP

10p ordinary

SWAP

Increasing Short

1,054

5.0508 GBP

10p ordinary

SWAP

Increasing Short

1,586

5.0488 GBP

10p ordinary

SWAP

Increasing Short

1,831

5.0379 GBP

10p ordinary

SWAP

Increasing Short

5,429

5.0089 GBP

10p ordinary

SWAP

Increasing Short

12,316

4.9747 GBP

10p ordinary

SWAP

Increasing Short

14,018

4.9703 GBP

10p ordinary

SWAP

Increasing Short

24,407

4.9650 GBP

10p ordinary

SWAP

Increasing Short

29,402

4.9860 GBP

10p ordinary

SWAP

Opening Long

46,829

5.0151 GBP

10p ordinary

SWAP

Opening Long

82,608

4.9650 GBP

10p ordinary

SWAP

Opening Long

151,200

5.0342 GBP

10p ordinary

CFD

Opening Short

622

5.1083 GBP

10p ordinary

CFD

Opening Short

698

5.0664 GBP

10p ordinary

CFD

Opening Short

4,806

4.9756 GBP

10p ordinary

CFD

Opening Short

5,769

5.0684 GBP

10p ordinary

CFD

Opening Short

17,880

4.9665 GBP

10p ordinary

CFD

Opening Short

19,836

5.0119 GBP

10p ordinary

CFD

Opening Short

57,820

4.9977 GBP

10p ordinary

CFD

Opening Short

108,000

5.0605 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:

12 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213