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:

07 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:

13,677,472

1.40%

4,840,825

0.50%

(2) Cash-settled derivatives:

3,940,363

0.40%

12,301,337

1.26%

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

0

0.00%

0

0.00%

TOTAL: 

17,617,835

1.81%

17,142,162

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

398766

5.1126 GBP

5.0070 GBP

10p ordinary

Sale

339838

5.1155 GBP

5.0071 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 Short

26

5.0800 GBP

10p ordinary

SWAP

Closing Short

251

5.0100 GBP

10p ordinary

CFD

Decreasing Long

877

5.0103 GBP

10p ordinary

CFD

Decreasing Long

1,838

5.0787 GBP

10p ordinary

CFD

Decreasing Long

2,489

5.0092 GBP

10p ordinary

CFD

Decreasing Long

6,644

5.0100 GBP

10p ordinary

CFD

Decreasing Long

8,898

5.0238 GBP

10p ordinary

SWAP

Decreasing Short

352

5.0679 GBP

10p ordinary

SWAP

Decreasing Short

500

5.1240 GBP

10p ordinary

SWAP

Decreasing Short

530

5.0371 GBP

10p ordinary

SWAP

Decreasing Short

584

5.0980 GBP

10p ordinary

SWAP

Decreasing Short

692

5.0284 GBP

10p ordinary

SWAP

Decreasing Short

2,217

5.0819 GBP

10p ordinary

SWAP

Decreasing Short

2,451

5.0904 GBP

10p ordinary

SWAP

Decreasing Short

3,061

5.0467 GBP

10p ordinary

SWAP

Decreasing Short

3,160

5.0456 GBP

10p ordinary

SWAP

Decreasing Short

3,756

5.0100 GBP

10p ordinary

SWAP

Decreasing Short

8,354

5.0637 GBP

10p ordinary

SWAP

Decreasing Short

8,377

5.0597 GBP

10p ordinary

SWAP

Decreasing Short

9,549

5.0580 GBP

10p ordinary

SWAP

Decreasing Short

19,918

5.0455 GBP

10p ordinary

SWAP

Decreasing Short

24,028

5.0234 GBP

10p ordinary

SWAP

Decreasing Short

63,638

5.0624 GBP

10p ordinary

CFD

Increasing Long

877

5.1075 GBP

10p ordinary

CFD

Increasing Long

6,316

5.0773 GBP

10p ordinary

CFD

Increasing Long

17,184

5.0790 GBP

10p ordinary

CFD

Increasing Long

17,205

5.0095 GBP

10p ordinary

SWAP

Increasing Short

53

5.1080 GBP

10p ordinary

SWAP

Increasing Short

324

5.0680 GBP

10p ordinary

SWAP

Increasing Short

655

5.0080 GBP

10p ordinary

SWAP

Increasing Short

675

5.0081 GBP

10p ordinary

SWAP

Increasing Short

2,722

5.1126 GBP

10p ordinary

SWAP

Increasing Short

4,607

5.0589 GBP

10p ordinary

SWAP

Increasing Short

6,956

5.0433 GBP

10p ordinary

SWAP

Increasing Short

9,784

5.0535 GBP

10p ordinary

SWAP

Increasing Short

21,714

5.0404 GBP

10p ordinary

SWAP

Increasing Short

36,686

5.0103 GBP

10p ordinary

SWAP

Increasing Short

38,718

5.0555 GBP

10p ordinary

SWAP

Increasing Short

48,789

5.0100 GBP

10p ordinary

SWAP

Opening Short

8,818

5.0417 GBP

10p ordinary

SWAP

Opening Short

14,127

5.0615 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:

10 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213