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:

05 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:

13,635,245

1.40%

4,914,726

0.50%

(2) Cash-settled derivatives:

3,884,388

0.40%

12,240,008

1.26%

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

0

0.00%

0

0.00%

TOTAL: 

17,519,633

1.80%

17,154,734

1.76%

(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

818230

5.1420 GBP

5.0280 GBP

10p ordinary

Sale

451307

5.1161 GBP

5.0280 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

25

5.0808 GBP

10p ordinary

SWAP

Decreasing Long

29

5.0486 GBP

10p ordinary

SWAP

Decreasing Long

44

5.1003 GBP

10p ordinary

SWAP

Decreasing Long

700

5.1305 GBP

10p ordinary

SWAP

Decreasing Long

1,212

5.0969 GBP

10p ordinary

SWAP

Decreasing Long

2,531

5.1118 GBP

10p ordinary

SWAP

Decreasing Long

2,703

5.0887 GBP

10p ordinary

SWAP

Decreasing Long

5,033

5.0800 GBP

10p ordinary

CFD

Decreasing Long

25,730

5.0985 GBP

10p ordinary

SWAP

Decreasing Short

17

5.0659 GBP

10p ordinary

SWAP

Decreasing Short

63

5.0639 GBP

10p ordinary

SWAP

Decreasing Short

118

5.0698 GBP

10p ordinary

SWAP

Decreasing Short

145

5.0980 GBP

10p ordinary

SWAP

Decreasing Short

200

5.0738 GBP

10p ordinary

SWAP

Decreasing Short

289

5.0940 GBP

10p ordinary

SWAP

Decreasing Short

311

5.0300 GBP

10p ordinary

SWAP

Decreasing Short

1,016

5.0690 GBP

10p ordinary

SWAP

Decreasing Short

1,731

5.0699 GBP

10p ordinary

SWAP

Decreasing Short

2,808

5.0800 GBP

10p ordinary

SWAP

Decreasing Short

3,267

5.0846 GBP

10p ordinary

SWAP

Decreasing Short

5,797

5.1161 GBP

10p ordinary

SWAP

Decreasing Short

12,802

5.0799 GBP

10p ordinary

SWAP

Decreasing Short

76,102

5.0783 GBP

10p ordinary

CFD

Increasing Long

1,044

5.0733 GBP

10p ordinary

CFD

Increasing Long

3,398

5.0773 GBP

10p ordinary

CFD

Increasing Long

3,562

5.0800 GBP

10p ordinary

CFD

Increasing Long

22,168

5.0724 GBP

10p ordinary

SWAP

Increasing Short

66

5.0981 GBP

10p ordinary

SWAP

Increasing Short

123

5.1066 GBP

10p ordinary

SWAP

Increasing Short

171

5.1106 GBP

10p ordinary

SWAP

Increasing Short

238

5.1071 GBP

10p ordinary

SWAP

Increasing Short

318

5.0928 GBP

10p ordinary

SWAP

Increasing Short

485

5.1167 GBP

10p ordinary

SWAP

Increasing Short

649

5.0661 GBP

10p ordinary

SWAP

Increasing Short

992

5.1164 GBP

10p ordinary

SWAP

Increasing Short

2,286

5.0886 GBP

10p ordinary

SWAP

Increasing Short

2,437

5.0912 GBP

10p ordinary

SWAP

Increasing Short

3,220

5.1288 GBP

10p ordinary

SWAP

Increasing Short

6,759

5.0726 GBP

10p ordinary

SWAP

Increasing Short

10,656

5.0783 GBP

10p ordinary

SWAP

Increasing Short

11,400

5.0732 GBP

10p ordinary

SWAP

Increasing Short

12,561

5.0655 GBP

10p ordinary

SWAP

Increasing Short

14,927

5.0788 GBP

10p ordinary

SWAP

Increasing Short

47,531

5.0777 GBP

10p ordinary

SWAP

Increasing Short

129,923

5.0797 GBP

10p ordinary

SWAP

Increasing Short

246,445

5.0800 GBP

10p ordinary

SWAP

Opening Short

7

5.1185 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:

06 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213