Barclays Regulatory News (BARC)

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:

21 Mar 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:

8,209,317

0.84%

7,976,991

0.82%

(2) Cash-settled derivatives:

7,045,465

0.72%

6,768,899

0.69%

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

0

0.00%

0

0.00%

TOTAL:

15,254,782

1.57%

14,745,890

1.51%

(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

849792

4.7900 GBP

4.7348 GBP

10p ordinary

Sale

407377

4.7900 GBP

4.7241 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

12,000

4.7355 GBP

10p ordinary

SWAP

Decreasing Long

140

4.7586 GBP

10p ordinary

SWAP

Decreasing Long

401

4.7900 GBP

10p ordinary

SWAP

Decreasing Long

574

4.7597 GBP

10p ordinary

SWAP

Decreasing Long

806

4.7599 GBP

10p ordinary

SWAP

Decreasing Long

891

4.7574 GBP

10p ordinary

SWAP

Decreasing Long

1,382

4.7585 GBP

10p ordinary

SWAP

Decreasing Long

2,574

4.7490 GBP

10p ordinary

SWAP

Decreasing Long

2,620

4.7527 GBP

10p ordinary

SWAP

Decreasing Long

3,730

4.7500 GBP

10p ordinary

SWAP

Decreasing Long

6,167

4.7685 GBP

10p ordinary

SWAP

Decreasing Long

6,480

4.7605 GBP

10p ordinary

SWAP

Decreasing Long

6,774

4.7589 GBP

10p ordinary

SWAP

Decreasing Long

7,656

4.7761 GBP

10p ordinary

SWAP

Decreasing Long

7,990

4.7693 GBP

10p ordinary

SWAP

Decreasing Long

8,324

4.7515 GBP

10p ordinary

CFD

Decreasing Long

16,156

4.7598 GBP

10p ordinary

CFD

Decreasing Long

22,341

4.7630 GBP

10p ordinary

SWAP

Decreasing Long

39,210

4.7683 GBP

10p ordinary

SWAP

Decreasing Short

100

4.7599 GBP

10p ordinary

SWAP

Decreasing Short

229

4.7399 GBP

10p ordinary

SWAP

Decreasing Short

400

4.7495 GBP

10p ordinary

SWAP

Decreasing Short

522

4.7670 GBP

10p ordinary

SWAP

Decreasing Short

1,514

4.7380 GBP

10p ordinary

SWAP

Decreasing Short

1,883

4.7515 GBP

10p ordinary

SWAP

Decreasing Short

2,251

4.7576 GBP

10p ordinary

SWAP

Decreasing Short

11,185

4.7514 GBP

10p ordinary

SWAP

Decreasing Short

58,384

4.7888 GBP

10p ordinary

SWAP

Increasing Long

24

4.7589 GBP

10p ordinary

SWAP

Increasing Long

70

4.7489 GBP

10p ordinary

SWAP

Increasing Long

73

4.7652 GBP

10p ordinary

SWAP

Increasing Long

179

4.7608 GBP

10p ordinary

SWAP

Increasing Long

477

4.7514 GBP

10p ordinary

SWAP

Increasing Long

6,167

4.7685 GBP

10p ordinary

SWAP

Increasing Long

6,331

4.7899 GBP

10p ordinary

SWAP

Increasing Long

6,441

4.7515 GBP

10p ordinary

SWAP

Increasing Long

6,480

4.7605 GBP

10p ordinary

CFD

Increasing Long

8,175

4.7558 GBP

10p ordinary

CFD

Increasing Long

9,423

4.7526 GBP

10p ordinary

SWAP

Increasing Short

579

4.7653 GBP

10p ordinary

SWAP

Increasing Short

1,403

4.7760 GBP

10p ordinary

SWAP

Increasing Short

1,573

4.7543 GBP

10p ordinary

SWAP

Increasing Short

1,880

4.7606 GBP

10p ordinary

SWAP

Increasing Short

2,047

4.7618 GBP

10p ordinary

SWAP

Increasing Short

3,307

4.7565 GBP

10p ordinary

SWAP

Increasing Short

13,081

4.7646 GBP

10p ordinary

SWAP

Increasing Short

14,348

4.7655 GBP

10p ordinary

SWAP

Increasing Short

32,161

4.7824 GBP

10p ordinary

SWAP

Increasing Short

33,215

4.7895 GBP

10p ordinary

SWAP

Increasing Short

95,179

4.7900 GBP

10p ordinary

SWAP

Increasing Short

138,723

4.7763 GBP

10p ordinary

SWAP

Opening Short

4,555

4.7902 GBP

10p ordinary

SWAP

Opening Short

84,350

4.7897 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:

22 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213