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 Aug 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:

10,329,178

1.06%

4,565,300

0.47%

(2) Cash-settled derivatives:

3,596,094

0.37%

8,994,779

0.92%

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

0

0.00%

0

0.00%

TOTAL: 

13,925,272

1.43%

13,560,079

1.39%

(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

1313425

5.3500 GBP

5.2440 GBP

10p ordinary

Sale

2515606

5.3500 GBP

5.2455 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

Increasing Long

204

5.2999 GBP

10p ordinary

CFD

Decreasing Short

21,230

5.2827 GBP

10p ordinary

CFD

Decreasing Short

565

5.2907 GBP

10p ordinary

CFD

Decreasing Short

7,297

5.2971 GBP

10p ordinary

CFD

Opening Long

128,511

5.3395 GBP

10p ordinary

CFD

Increasing Long

4,437

5.3400 GBP

10p ordinary

CFD

Decreasing Long

681

5.2624 GBP

10p ordinary

CFD

Decreasing Long

129

5.2762 GBP

10p ordinary

CFD

Decreasing Long

2,722

5.2921 GBP

10p ordinary

CFD

Decreasing Long

22,945

5.3400 GBP

10p ordinary

SWAP

Decreasing Short

2,609

5.2861 GBP

10p ordinary

SWAP

Increasing Long

11,038

5.3119 GBP

10p ordinary

SWAP

Increasing Long

111,097

5.3340 GBP

10p ordinary

SWAP

Decreasing Long

14

5.3082 GBP

10p ordinary

SWAP

Increasing Short

3,940

5.3029 GBP

10p ordinary

SWAP

Increasing Short

9,803

5.3110 GBP

10p ordinary

SWAP

Increasing Short

18,228

5.3373 GBP

10p ordinary

SWAP

Decreasing Short

820

5.2603 GBP

10p ordinary

SWAP

Decreasing Short

703

5.3071 GBP

10p ordinary

SWAP

Decreasing Short

55,046

5.3077 GBP

10p ordinary

SWAP

Decreasing Short

148,572

5.3091 GBP

10p ordinary

SWAP

Decreasing Short

43,623

5.3211 GBP

10p ordinary

SWAP

Decreasing Short

24,547

5.3370 GBP

10p ordinary

SWAP

Decreasing Short

135,137

5.3400 GBP

10p ordinary

SWAP

Increasing Short

352

5.2620 GBP

10p ordinary

SWAP

Increasing Short

34,292

5.2660 GBP

10p ordinary

SWAP

Increasing Short

10,662

5.2703 GBP

10p ordinary

SWAP

Increasing Short

42,541

5.2913 GBP

10p ordinary

SWAP

Increasing Short

394

5.3200 GBP

10p ordinary

SWAP

Increasing Short

30,228

5.3368 GBP

10p ordinary

SWAP

Decreasing Short

716

5.3003 GBP

10p ordinary

SWAP

Decreasing Short

5,628

5.3007 GBP

10p ordinary

SWAP

Decreasing Short

10,119

5.3095 GBP

10p ordinary

SWAP

Decreasing Short

13,059

5.3114 GBP

10p ordinary

SWAP

Decreasing Short

19,136

5.3118 GBP

10p ordinary

SWAP

Decreasing Short

36,985

5.3137 GBP

10p ordinary

SWAP

Decreasing Short

35,504

5.3152 GBP

10p ordinary

SWAP

Decreasing Short

30,021

5.3158 GBP

10p ordinary

SWAP

Decreasing Short

33,589

5.3165 GBP

10p ordinary

SWAP

Decreasing Short

3,845

5.3166 GBP

10p ordinary

SWAP

Decreasing Short

2,603

5.3399 GBP

10p ordinary

SWAP

Increasing Short

287

5.2964 GBP

10p ordinary

SWAP

Increasing Short

26

5.3440 GBP

10p ordinary

SWAP

Increasing Short

576

5.3446 GBP

10p ordinary

SWAP

Increasing Short

274

5.3480 GBP

10p ordinary

SWAP

Opening Long

27,000

5.3145 GBP

10p ordinary

SWAP

Decreasing Short

201

5.2604 GBP

10p ordinary

SWAP

Decreasing Short

152,943

5.3144 GBP

10p ordinary

SWAP

Decreasing Short

76,472

5.3309 GBP

10p ordinary

SWAP

Opening Long

152,943

5.3435 GBP

10p ordinary

SWAP

Decreasing Long

36,000

5.3026 GBP

10p ordinary

SWAP

Increasing Long

32,570

5.3117 GBP

10p ordinary

SWAP

Increasing Long

29,907

5.3217 GBP

10p ordinary

SWAP

Increasing Long

110,137

5.3400 GBP

10p ordinary

SWAP

Decreasing Long

10

5.2620 GBP

10p ordinary

SWAP

Decreasing Long

23,997

5.2660 GBP

10p ordinary

SWAP

Decreasing Long

9,655

5.2682 GBP

10p ordinary

SWAP

Decreasing Long

8,889

5.2688 GBP

10p ordinary

SWAP

Decreasing Long

1,418

5.2660 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 Aug 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213