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:

17 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:

11,960,437

1.23%

4,196,548

0.43%

(2) Cash-settled derivatives:

3,411,209

0.35%

10,569,559

1.08%

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

0

0.00%

0

0.00%

TOTAL: 

15,371,646

1.58%

14,766,107

1.52%

(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

1015860

4.9556 GBP

4.8756 GBP

10p ordinary

Sale

1031258

4.9528 GBP

4.8756 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

13,387

4.8957 GBP

10p ordinary

SWAP

Closing Short

40,487

4.8770 GBP

10p ordinary

SWAP

Decreasing Long

61

4.9055 GBP

10p ordinary

SWAP

Decreasing Short

100

4.9519 GBP

10p ordinary

SWAP

Decreasing Short

203

4.9003 GBP

10p ordinary

SWAP

Decreasing Short

217

4.8801 GBP

10p ordinary

SWAP

Decreasing Short

742

4.8989 GBP

10p ordinary

SWAP

Decreasing Short

1,063

4.9079 GBP

10p ordinary

SWAP

Decreasing Short

1,493

4.9057 GBP

10p ordinary

SWAP

Decreasing Short

1,655

4.9072 GBP

10p ordinary

CFD

Decreasing Short

2,155

4.9010 GBP

10p ordinary

CFD

Decreasing Short

2,275

4.9146 GBP

10p ordinary

SWAP

Decreasing Short

2,349

4.8947 GBP

10p ordinary

SWAP

Decreasing Short

3,494

4.9150 GBP

10p ordinary

SWAP

Decreasing Short

4,715

4.9078 GBP

10p ordinary

SWAP

Decreasing Short

5,681

4.9067 GBP

10p ordinary

SWAP

Decreasing Short

7,339

4.8937 GBP

10p ordinary

SWAP

Decreasing Short

7,391

4.8939 GBP

10p ordinary

CFD

Decreasing Short

11,455

4.8770 GBP

10p ordinary

CFD

Decreasing Short

11,609

4.8869 GBP

10p ordinary

SWAP

Decreasing Short

12,076

4.9121 GBP

10p ordinary

SWAP

Decreasing Short

13,399

4.8810 GBP

10p ordinary

SWAP

Decreasing Short

13,589

4.9007 GBP

10p ordinary

SWAP

Decreasing Short

34,701

4.8769 GBP

10p ordinary

SWAP

Decreasing Short

38,877

4.8975 GBP

10p ordinary

SWAP

Decreasing Short

137,956

4.9119 GBP

10p ordinary

SWAP

Increasing Long

61

4.9055 GBP

10p ordinary

SWAP

Increasing Long

2,266

4.9085 GBP

10p ordinary

SWAP

Increasing Short

120

4.8773 GBP

10p ordinary

SWAP

Increasing Short

780

4.9063 GBP

10p ordinary

SWAP

Increasing Short

1,925

4.9267 GBP

10p ordinary

CFD

Increasing Short

2,275

4.8773 GBP

10p ordinary

SWAP

Increasing Short

6,888

4.9057 GBP

10p ordinary

CFD

Increasing Short

6,965

4.9094 GBP

10p ordinary

CFD

Increasing Short

11,609

4.8869 GBP

10p ordinary

SWAP

Increasing Short

15,836

4.8972 GBP

10p ordinary

SWAP

Increasing Short

19,184

4.8834 GBP

10p ordinary

SWAP

Increasing Short

23,130

4.8915 GBP

10p ordinary

SWAP

Increasing Short

23,339

4.8770 GBP

10p ordinary

SWAP

Increasing Short

24,780

4.8979 GBP

10p ordinary

SWAP

Increasing Short

71,877

4.9031 GBP

10p ordinary

SWAP

Opening Long

6,020

4.9140 GBP

10p ordinary

SWAP

Opening Long

90,716

4.8975 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:

18 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213