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:

29 Apr 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:

14,078,274

1.44%

6,212,438

0.64%

(2) Cash-settled derivatives:

5,280,472

0.54%

12,666,501

1.30%

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

0

0.00%

0

0.00%

TOTAL: 

19,358,746

1.99%

18,878,939

1.94%

(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

362762

4.5973 GBP

4.5575 GBP

10p ordinary

Sale

223891

4.6010 GBP

4.5580 GBP

ADR

Purchase

1500

11.4100 USD

11.4100 USD

ADR

Sale

1500

11.4100 USD

11.4100 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

1

4.5714 GBP

10p ordinary

SWAP

Decreasing Long

3

4.5714 GBP

10p ordinary

SWAP

Decreasing Long

27

4.5929 GBP

10p ordinary

SWAP

Decreasing Long

108

4.5804 GBP

10p ordinary

SWAP

Decreasing Long

108

4.5704 GBP

10p ordinary

SWAP

Decreasing Long

109

4.5713 GBP

10p ordinary

SWAP

Decreasing Long

110

4.5756 GBP

10p ordinary

SWAP

Decreasing Long

152

4.5704 GBP

10p ordinary

SWAP

Decreasing Long

434

4.5700 GBP

10p ordinary

CFD

Decreasing Long

502

4.5683 GBP

10p ordinary

SWAP

Decreasing Long

517

4.5967 GBP

10p ordinary

SWAP

Decreasing Long

903

4.5796 GBP

10p ordinary

SWAP

Decreasing Long

953

4.5724 GBP

10p ordinary

SWAP

Decreasing Long

1,346

4.5976 GBP

10p ordinary

CFD

Decreasing Long

1,565

4.5692 GBP

10p ordinary

SWAP

Decreasing Long

2,269

4.5798 GBP

10p ordinary

SWAP

Decreasing Long

2,350

4.5725 GBP

10p ordinary

SWAP

Decreasing Long

2,525

4.5735 GBP

10p ordinary

SWAP

Decreasing Long

4,062

4.5670 GBP

10p ordinary

CFD

Decreasing Long

5,498

4.5965 GBP

10p ordinary

SWAP

Decreasing Long

5,998

4.5747 GBP

10p ordinary

SWAP

Decreasing Long

7,531

4.5700 GBP

10p ordinary

CFD

Decreasing Long

14,924

4.5795 GBP

10p ordinary

SWAP

Decreasing Long

15,592

4.5748 GBP

10p ordinary

CFD

Decreasing Long

29,806

4.5681 GBP

10p ordinary

SWAP

Decreasing Short

53

4.5779 GBP

10p ordinary

SWAP

Decreasing Short

78

4.5729 GBP

10p ordinary

SWAP

Decreasing Short

542

4.5756 GBP

10p ordinary

SWAP

Decreasing Short

671

4.5699 GBP

10p ordinary

SWAP

Decreasing Short

700

4.5792 GBP

10p ordinary

SWAP

Decreasing Short

850

4.5742 GBP

10p ordinary

SWAP

Decreasing Short

958

4.5719 GBP

10p ordinary

SWAP

Decreasing Short

967

4.5765 GBP

10p ordinary

SWAP

Decreasing Short

1,034

4.5929 GBP

10p ordinary

SWAP

Decreasing Short

1,037

4.5740 GBP

10p ordinary

SWAP

Decreasing Short

1,472

4.5690 GBP

10p ordinary

SWAP

Decreasing Short

1,476

4.5738 GBP

10p ordinary

SWAP

Decreasing Short

1,516

4.5791 GBP

10p ordinary

SWAP

Decreasing Short

5,900

4.5772 GBP

10p ordinary

SWAP

Decreasing Short

6,843

4.5660 GBP

10p ordinary

SWAP

Decreasing Short

8,217

4.5802 GBP

10p ordinary

SWAP

Decreasing Short

22,131

4.5905 GBP

10p ordinary

CFD

Increasing Long

290

4.5610 GBP

10p ordinary

CFD

Increasing Long

567

4.5576 GBP

10p ordinary

CFD

Increasing Long

3,109

4.5720 GBP

10p ordinary

SWAP

Increasing Long

3,910

4.5670 GBP

10p ordinary

CFD

Increasing Long

4,428

4.5904 GBP

10p ordinary

CFD

Increasing Long

15,652

4.5721 GBP

10p ordinary

CFD

Increasing Long

16,990

4.5700 GBP

10p ordinary

CFD

Increasing Long

18,024

4.5837 GBP

10p ordinary

SWAP

Increasing Short

66

4.5758 GBP

10p ordinary

SWAP

Increasing Short

100

4.5707 GBP

10p ordinary

SWAP

Increasing Short

140

4.5780 GBP

10p ordinary

SWAP

Increasing Short

195

4.5790 GBP

10p ordinary

SWAP

Increasing Short

382

4.5824 GBP

10p ordinary

SWAP

Increasing Short

561

4.5770 GBP

10p ordinary

SWAP

Increasing Short

891

4.5640 GBP

10p ordinary

SWAP

Increasing Short

1,080

4.5851 GBP

10p ordinary

SWAP

Increasing Short

1,374

4.5643 GBP

10p ordinary

SWAP

Increasing Short

2,706

4.5656 GBP

10p ordinary

SWAP

Increasing Short

12,823

4.5753 GBP

10p ordinary

SWAP

Increasing Short

13,990

4.5673 GBP

10p ordinary

SWAP

Increasing Short

19,509

4.5698 GBP

10p ordinary

SWAP

Increasing Short

20,499

4.5756 GBP

10p ordinary

SWAP

Increasing Short

21,156

4.5755 GBP

10p ordinary

SWAP

Increasing Short

44,130

4.5700 GBP

10p ordinary

SWAP

Increasing Short

44,681

4.5736 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:

30 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213