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:

26 Feb 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:

5,626,599

0.58%

4,077,179

0.42%

(2) Cash-settled derivatives:

3,266,145

0.34%

4,199,430

0.43%

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

0

0.00%

0

0.00%

TOTAL:

8,892,744

0.91%

8,276,609

0.85%

(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

1557595

4.7970 GBP

4.6830 GBP

10p ordinary

Sale

703565

4.7970 GBP

4.6690 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

141

4.6763 GBP

10p ordinary

SWAP

Closing Short

850

4.7640 GBP

10p ordinary

SWAP

Closing Short

1,142

4.7478 GBP

10p ordinary

SWAP

Closing Short

4,940

4.7461 GBP

10p ordinary

SWAP

Closing Short

21,644

4.7572 GBP

10p ordinary

SWAP

Closing Short

24,984

4.7732 GBP

10p ordinary

SWAP

Closing Short

39,531

4.7730 GBP

10p ordinary

SWAP

Closing Short

39,929

4.7257 GBP

10p ordinary

CFD

Decreasing Long

292

4.6744 GBP

10p ordinary

CFD

Decreasing Long

1,632

4.7406 GBP

10p ordinary

CFD

Decreasing Long

5,848

4.7832 GBP

10p ordinary

CFD

Decreasing Long

10,311

4.7629 GBP

10p ordinary

CFD

Decreasing Long

18,704

4.7838 GBP

10p ordinary

CFD

Decreasing Long

46,946

4.7702 GBP

10p ordinary

SWAP

Decreasing Long

158,105

4.7708 GBP

10p ordinary

CFD

Decreasing Long

215,433

4.7766 GBP

10p ordinary

SWAP

Decreasing Long

302,916

4.7460 GBP

10p ordinary

SWAP

Decreasing Short

183

4.7438 GBP

10p ordinary

SWAP

Decreasing Short

183

4.7731 GBP

10p ordinary

SWAP

Decreasing Short

183

4.7729 GBP

10p ordinary

SWAP

Decreasing Short

280

4.7773 GBP

10p ordinary

SWAP

Decreasing Short

1,683

4.7153 GBP

10p ordinary

SWAP

Decreasing Short

2,353

4.7718 GBP

10p ordinary

SWAP

Decreasing Short

2,717

4.7690 GBP

10p ordinary

SWAP

Decreasing Short

3,914

4.7731 GBP

10p ordinary

SWAP

Decreasing Short

5,409

4.7527 GBP

10p ordinary

SWAP

Decreasing Short

6,384

4.7807 GBP

10p ordinary

SWAP

Decreasing Short

6,550

4.7804 GBP

10p ordinary

SWAP

Decreasing Short

11,775

4.7811 GBP

10p ordinary

SWAP

Decreasing Short

21,215

4.7679 GBP

10p ordinary

SWAP

Decreasing Short

31,840

4.7730 GBP

10p ordinary

SWAP

Decreasing Short

48,385

4.7708 GBP

10p ordinary

CFD

Increasing Long

156

4.7769 GBP

10p ordinary

CFD

Increasing Long

186

4.7730 GBP

10p ordinary

CFD

Increasing Long

10,125

4.7476 GBP

10p ordinary

SWAP

Increasing Short

157

4.7350 GBP

10p ordinary

SWAP

Increasing Short

226

4.6769 GBP

10p ordinary

SWAP

Increasing Short

369

4.7361 GBP

10p ordinary

SWAP

Increasing Short

462

4.7836 GBP

10p ordinary

SWAP

Increasing Short

686

4.7840 GBP

10p ordinary

SWAP

Increasing Short

1,212

4.7498 GBP

10p ordinary

SWAP

Increasing Short

1,891

4.7848 GBP

10p ordinary

SWAP

Increasing Short

2,845

4.7487 GBP

10p ordinary

SWAP

Increasing Short

7,503

4.7810 GBP

10p ordinary

SWAP

Increasing Short

15,466

4.7615 GBP

10p ordinary

SWAP

Increasing Short

18,373

4.7158 GBP

10p ordinary

SWAP

Opening Long

4,563

4.7647 GBP

10p ordinary

SWAP

Opening Long

9,150

4.7541 GBP

10p ordinary

SWAP

Opening Long

25,240

4.7657 GBP

10p ordinary

SWAP

Opening Long

59,423

4.7733 GBP

10p ordinary

SWAP

Opening Long

205,698

4.7708 GBP

10p ordinary

SWAP

Opening Short

61,632

4.7698 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:

27 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213