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:

12 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:

12,216,893

1.25%

4,562,733

0.47%

(2) Cash-settled derivatives:

3,661,698

0.38%

10,887,313

1.12%

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

0

0.00%

0

0.00%

TOTAL: 

15,878,591

1.63%

15,450,046

1.59%

(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

1041132

5.1030 GBP

4.9517 GBP

10p ordinary

Sale

1116403

5.1030 GBP

4.9554 GBP

ADR

Purchase

1694

13.0000 USD

13.0000 USD

ADR

Sale

1694

13.0000 USD

13.0000 USD

(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

6

4.9608 GBP

10p ordinary

SWAP

Decreasing Long

311

4.9601 GBP

10p ordinary

SWAP

Decreasing Long

497

5.0575 GBP

10p ordinary

SWAP

Decreasing Long

540

4.9598 GBP

10p ordinary

SWAP

Decreasing Long

657

5.0127 GBP

10p ordinary

SWAP

Decreasing Long

1,226

5.0254 GBP

10p ordinary

SWAP

Decreasing Long

1,798

5.0070 GBP

10p ordinary

SWAP

Decreasing Long

2,237

4.9800 GBP

10p ordinary

SWAP

Decreasing Long

4,891

5.0571 GBP

10p ordinary

SWAP

Decreasing Long

6,368

5.0125 GBP

10p ordinary

SWAP

Decreasing Long

6,874

5.0580 GBP

10p ordinary

SWAP

Decreasing Long

7,562

5.0128 GBP

10p ordinary

SWAP

Decreasing Long

8,352

4.9810 GBP

10p ordinary

SWAP

Decreasing Long

11,029

4.9946 GBP

10p ordinary

SWAP

Decreasing Long

17,464

5.0071 GBP

10p ordinary

SWAP

Decreasing Long

42,069

5.0980 GBP

10p ordinary

SWAP

Decreasing Long

220,827

4.9650 GBP

10p ordinary

CFD

Decreasing Short

33

5.1075 GBP

10p ordinary

SWAP

Decreasing Short

350

5.0722 GBP

10p ordinary

CFD

Decreasing Short

1,024

5.0876 GBP

10p ordinary

CFD

Decreasing Short

1,256

5.0922 GBP

10p ordinary

SWAP

Decreasing Short

1,288

5.0825 GBP

10p ordinary

SWAP

Decreasing Short

1,861

4.9723 GBP

10p ordinary

CFD

Decreasing Short

2,081

5.0956 GBP

10p ordinary

SWAP

Decreasing Short

2,193

4.9847 GBP

10p ordinary

SWAP

Decreasing Short

14,766

4.9870 GBP

10p ordinary

SWAP

Decreasing Short

25,718

5.0874 GBP

10p ordinary

SWAP

Decreasing Short

38,587

5.0645 GBP

10p ordinary

CFD

Decreasing Short

42,739

4.9819 GBP

10p ordinary

SWAP

Decreasing Short

129,600

5.0028 GBP

10p ordinary

SWAP

Decreasing Short

141,194

5.0425 GBP

10p ordinary

SWAP

Increasing Long

3,716

5.0688 GBP

10p ordinary

SWAP

Increasing Long

48,319

5.0532 GBP

10p ordinary

SWAP

Increasing Long

302,400

5.0028 GBP

10p ordinary

SWAP

Increasing Short

300

5.0880 GBP

10p ordinary

SWAP

Increasing Short

520

5.1033 GBP

10p ordinary

SWAP

Increasing Short

558

4.9550 GBP

10p ordinary

CFD

Increasing Short

589

4.9873 GBP

10p ordinary

SWAP

Increasing Short

1,116

4.9750 GBP

10p ordinary

SWAP

Increasing Short

1,705

4.9522 GBP

10p ordinary

SWAP

Increasing Short

5,082

5.0933 GBP

10p ordinary

SWAP

Increasing Short

5,748

5.0959 GBP

10p ordinary

SWAP

Increasing Short

5,803

5.0989 GBP

10p ordinary

SWAP

Increasing Short

8,141

5.0713 GBP

10p ordinary

SWAP

Increasing Short

8,500

5.0570 GBP

10p ordinary

CFD

Increasing Short

8,545

4.9652 GBP

10p ordinary

SWAP

Increasing Short

10,696

5.0898 GBP

10p ordinary

CFD

Increasing Short

10,722

5.0838 GBP

10p ordinary

SWAP

Increasing Short

15,340

5.0897 GBP

10p ordinary

SWAP

Increasing Short

18,117

5.0980 GBP

10p ordinary

SWAP

Increasing Short

20,284

5.0947 GBP

10p ordinary

CFD

Increasing Short

32,017

5.0980 GBP

10p ordinary

SWAP

Increasing Short

39,416

4.9765 GBP

10p ordinary

SWAP

Increasing Short

42,088

5.0980 GBP

10p ordinary

SWAP

Increasing Short

72,945

5.0974 GBP

10p ordinary

SWAP

Increasing Short

81,259

5.0204 GBP

10p ordinary

SWAP

Opening Short

157

4.9631 GBP

10p ordinary

SWAP

Opening Short

2,155

5.0982 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:

13 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213