Barratt Developments Regulatory News (BDEV)

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:

31 Jul 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:

11,185,977

1.15%

4,219,918

0.43%

(2) Cash-settled derivatives:

3,300,983

0.34%

9,910,419

1.02%

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

0

0.00%

0

0.00%

TOTAL: 

14,486,960

1.49%

14,130,337

1.45%

(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

1244039

5.3560 GBP

5.2640 GBP

10p ordinary

Sale

820100

5.3649 GBP

5.2659 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 Long

212,023

5.3300 GBP

10p ordinary

SWAP

Decreasing Long

2,755

5.3471 GBP

10p ordinary

CFD

Increasing Long

10,480

5.2655 GBP

10p ordinary

CFD

Increasing Long

11,404

5.2659 GBP

10p ordinary

CFD

Increasing Long

7,697

5.3234 GBP

10p ordinary

CFD

Increasing Long

4,221

5.3428 GBP

10p ordinary

CFD

Increasing Long

4

5.3475 GBP

10p ordinary

CFD

Opening Short

206,166

5.2664 GBP

10p ordinary

CFD

Increasing Short

61,651

5.2669 GBP

10p ordinary

CFD

Increasing Short

480

5.3164 GBP

10p ordinary

CFD

Increasing Short

19,101

5.3226 GBP

10p ordinary

SWAP

Decreasing Short

5,142

5.3120 GBP

10p ordinary

SWAP

Increasing Long

9,881

5.2696 GBP

10p ordinary

SWAP

Increasing Long

477

5.3060 GBP

10p ordinary

SWAP

Decreasing Short

406

5.3160 GBP

10p ordinary

SWAP

Decreasing Short

105,459

5.3289 GBP

10p ordinary

SWAP

Decreasing Short

4,035

5.3345 GBP

10p ordinary

SWAP

Decreasing Short

203

5.3480 GBP

10p ordinary

SWAP

Increasing Short

21,228

5.2640 GBP

10p ordinary

SWAP

Increasing Short

31,300

5.2660 GBP

10p ordinary

SWAP

Increasing Short

65,346

5.2677 GBP

10p ordinary

SWAP

Increasing Short

303

5.2840 GBP

10p ordinary

SWAP

Increasing Short

86,316

5.3274 GBP

10p ordinary

SWAP

Increasing Short

6,729

5.3354 GBP

10p ordinary

SWAP

Decreasing Short

9,777

5.2659 GBP

10p ordinary

SWAP

Decreasing Short

5,428

5.3230 GBP

10p ordinary

SWAP

Decreasing Short

13,048

5.3267 GBP

10p ordinary

SWAP

Decreasing Short

34,291

5.3291 GBP

10p ordinary

SWAP

Decreasing Short

1,931

5.3295 GBP

10p ordinary

SWAP

Decreasing Short

8,511

5.3315 GBP

10p ordinary

SWAP

Decreasing Short

4,947

5.3371 GBP

10p ordinary

SWAP

Decreasing Short

2,398

5.3381 GBP

10p ordinary

SWAP

Decreasing Short

19,082

5.3383 GBP

10p ordinary

SWAP

Decreasing Short

32,572

5.3431 GBP

10p ordinary

SWAP

Decreasing Short

7,283

5.3497 GBP

10p ordinary

SWAP

Decreasing Short

569

5.3199 GBP

10p ordinary

SWAP

Increasing Long

54,715

5.3246 GBP

10p ordinary

SWAP

Decreasing Long

35,387

5.2640 GBP

10p ordinary

SWAP

Decreasing Long

21,984

5.2660 GBP

10p ordinary

SWAP

Decreasing Long

25

5.3040 GBP

10p ordinary

SWAP

Decreasing Long

18,886

5.2840 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:

01 Aug 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213