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:

01 Jul 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:

11,124,200

1.14%

6,574,839

0.67%

(2) Cash-settled derivatives:

5,679,674

0.58%

9,717,277

1.00%

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

0

0.00%

0

0.00%

TOTAL: 

16,803,874

1.72%

16,292,116

1.67%

(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

1128130

4.8390 GBP

4.7220 GBP

10p ordinary

Sale

1652351

4.8390 GBP

4.7220 GBP

ADR

Purchase

20

12.1800 USD

12.1800 USD

ADR

Sale

20

12.1800 USD

12.1800 USD

(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 Short

653

4.7696 GBP

10p ordinary

CFD

Decreasing Short

11,875

4.7780 GBP

10p ordinary

CFD

Decreasing Short

3,089

4.7908 GBP

10p ordinary

CFD

Decreasing Short

25,086

4.8003 GBP

10p ordinary

CFD

Increasing Short

653

4.7783 GBP

10p ordinary

CFD

Increasing Short

200

4.7881 GBP

10p ordinary

CFD

Increasing Short

36,761

4.7946 GBP

10p ordinary

SWAP

Increasing Short

636

4.7941 GBP

10p ordinary

SWAP

Opening Long

16,710

4.7780 GBP

10p ordinary

SWAP

Increasing Long

5

4.7940 GBP

10p ordinary

SWAP

Decreasing Long

8,480

4.7782 GBP

10p ordinary

SWAP

Closing Long

2,678

4.8103 GBP

10p ordinary

SWAP

Decreasing Short

46

4.8310 GBP

10p ordinary

SWAP

Increasing Short

157

4.8268 GBP

10p ordinary

SWAP

Increasing Short

162

4.7912 GBP

10p ordinary

SWAP

Increasing Long

106

4.8012 GBP

10p ordinary

SWAP

Decreasing Long

63,988

4.7843 GBP

10p ordinary

SWAP

Decreasing Long

8,115

4.7999 GBP

10p ordinary

SWAP

Decreasing Short

422,125

4.7220 GBP

10p ordinary

SWAP

Decreasing Short

1,194

4.7700 GBP

10p ordinary

SWAP

Decreasing Short

54,556

4.7780 GBP

10p ordinary

SWAP

Decreasing Short

13,632

4.7898 GBP

10p ordinary

SWAP

Decreasing Short

30,661

4.8085 GBP

10p ordinary

SWAP

Decreasing Short

133,839

4.8098 GBP

10p ordinary

SWAP

Decreasing Short

1,778

4.8100 GBP

10p ordinary

SWAP

Decreasing Short

1,540

4.8107 GBP

10p ordinary

SWAP

Increasing Short

42,838

4.7780 GBP

10p ordinary

SWAP

Increasing Short

39,260

4.7966 GBP

10p ordinary

SWAP

Increasing Short

646

4.8097 GBP

10p ordinary

SWAP

Increasing Short

3,299

4.8110 GBP

10p ordinary

SWAP

Increasing Short

1,400

4.8121 GBP

10p ordinary

SWAP

Increasing Short

685

4.8210 GBP

10p ordinary

SWAP

Increasing Short

109,596

4.8227 GBP

10p ordinary

SWAP

Decreasing Short

21,399

4.7779 GBP

10p ordinary

SWAP

Decreasing Short

3,608

4.7863 GBP

10p ordinary

SWAP

Decreasing Short

2,212

4.7889 GBP

10p ordinary

SWAP

Decreasing Short

21,787

4.7902 GBP

10p ordinary

SWAP

Decreasing Short

8,195

4.7914 GBP

10p ordinary

SWAP

Decreasing Short

2,176

4.7915 GBP

10p ordinary

SWAP

Decreasing Short

15,356

4.7985 GBP

10p ordinary

SWAP

Decreasing Short

1,491

4.7987 GBP

10p ordinary

SWAP

Decreasing Short

10,919

4.7996 GBP

10p ordinary

SWAP

Decreasing Short

7,780

4.8030 GBP

10p ordinary

SWAP

Decreasing Short

82,957

4.8097 GBP

10p ordinary

SWAP

Increasing Short

14

4.7900 GBP

10p ordinary

SWAP

Increasing Short

1,553

4.8043 GBP

10p ordinary

SWAP

Increasing Short

1,383

4.8175 GBP

10p ordinary

SWAP

Increasing Short

274

4.8200 GBP

10p ordinary

SWAP

Increasing Short

390

4.8217 GBP

10p ordinary

SWAP

Increasing Short

15,143

4.8265 GBP

10p ordinary

SWAP

Increasing Short

973

4.8344 GBP

10p ordinary

SWAP

Decreasing Long

202

4.7924 GBP

10p ordinary

SWAP

Decreasing Long

197

4.7927 GBP

10p ordinary

SWAP

Decreasing Long

1

4.7993 GBP

10p ordinary

SWAP

Decreasing Long

282

4.8019 GBP

10p ordinary

SWAP

Decreasing Long

1,533

4.8044 GBP

10p ordinary

SWAP

Decreasing Long

2,764

4.8128 GBP

10p ordinary

SWAP

Decreasing Long

112

4.8184 GBP

10p ordinary

SWAP

Decreasing Long

41

4.8218 GBP

10p ordinary

SWAP

Decreasing Long

74

4.8306 GBP

10p ordinary

SWAP

Decreasing Long

4,838

4.8310 GBP

10p ordinary

SWAP

Increasing Short

156

4.7896 GBP

10p ordinary

SWAP

Increasing Long

27,265

4.7907 GBP

10p ordinary

SWAP

Increasing Long

20,985

4.8103 GBP

10p ordinary

SWAP

Increasing Long

44,561

4.8106 GBP

10p ordinary

SWAP

Decreasing Long

147,496

4.7220 GBP

10p ordinary

SWAP

Decreasing Long

6,825

4.7780 GBP

10p ordinary

SWAP

Decreasing Long

1,905

4.8209 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:

02 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213