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:

26 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:

10,749,216

1.10%

4,841,833

0.50%

(2) Cash-settled derivatives:

3,828,540

0.39%

9,336,112

0.96%

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

0

0.00%

0

0.00%

TOTAL: 

14,577,756

1.50%

14,177,945

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

910127

5.1980 GBP

5.0735 GBP

10p ordinary

Sale

432743

5.1980 GBP

5.0740 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

Decreasing Long

12,720

5.0910 GBP

10p ordinary

SWAP

Opening Long

7,356

5.1980 GBP

10p ordinary

SWAP

Decreasing Long

2,806

5.1980 GBP

10p ordinary

CFD

Increasing Long

874

5.1309 GBP

10p ordinary

CFD

Increasing Long

96,028

5.1975 GBP

10p ordinary

CFD

Increasing Long

11,775

5.1980 GBP

10p ordinary

CFD

Decreasing Long

1,858

5.0785 GBP

10p ordinary

CFD

Decreasing Long

544

5.0804 GBP

10p ordinary

CFD

Decreasing Long

12,649

5.1056 GBP

10p ordinary

SWAP

Decreasing Short

4,666

5.1130 GBP

10p ordinary

SWAP

Opening Long

4

5.1550 GBP

10p ordinary

SWAP

Opening Short

27

5.1551 GBP

10p ordinary

SWAP

Increasing Short

1,427

5.1982 GBP

10p ordinary

SWAP

Increasing Long

600

5.1550 GBP

10p ordinary

SWAP

Increasing Long

3,062

5.1785 GBP

10p ordinary

SWAP

Increasing Long

2

5.1977 GBP

10p ordinary

SWAP

Decreasing Short

2,794

5.0979 GBP

10p ordinary

SWAP

Decreasing Short

279

5.1158 GBP

10p ordinary

SWAP

Decreasing Short

10,607

5.1234 GBP

10p ordinary

SWAP

Decreasing Short

4,530

5.1859 GBP

10p ordinary

SWAP

Decreasing Short

30,226

5.1980 GBP

10p ordinary

SWAP

Increasing Short

251

5.0800 GBP

10p ordinary

SWAP

Increasing Short

136

5.0880 GBP

10p ordinary

SWAP

Increasing Short

117,054

5.0920 GBP

10p ordinary

SWAP

Increasing Short

3,536

5.1129 GBP

10p ordinary

SWAP

Increasing Short

176,770

5.1309 GBP

10p ordinary

SWAP

Increasing Short

39,373

5.1426 GBP

10p ordinary

SWAP

Increasing Short

54,287

5.1823 GBP

10p ordinary

SWAP

Decreasing Short

1,186

5.1275 GBP

10p ordinary

SWAP

Decreasing Short

237

5.1339 GBP

10p ordinary

SWAP

Decreasing Short

1,181

5.1377 GBP

10p ordinary

SWAP

Decreasing Short

2,484

5.1380 GBP

10p ordinary

SWAP

Decreasing Short

7,544

5.1396 GBP

10p ordinary

SWAP

Decreasing Short

63

5.1465 GBP

10p ordinary

SWAP

Decreasing Short

4,536

5.1474 GBP

10p ordinary

SWAP

Decreasing Short

2,818

5.1496 GBP

10p ordinary

SWAP

Decreasing Short

2,900

5.1513 GBP

10p ordinary

SWAP

Decreasing Short

9,938

5.1522 GBP

10p ordinary

SWAP

Increasing Short

21,845

5.0932 GBP

10p ordinary

SWAP

Increasing Short

7,173

5.1286 GBP

10p ordinary

SWAP

Increasing Short

2,620

5.1576 GBP

10p ordinary

SWAP

Increasing Short

7,861

5.1580 GBP

10p ordinary

SWAP

Increasing Short

3,929

5.1587 GBP

10p ordinary

SWAP

Increasing Short

1,369

5.1599 GBP

10p ordinary

SWAP

Increasing Short

7,907

5.1602 GBP

10p ordinary

SWAP

Increasing Short

8,149

5.1604 GBP

10p ordinary

SWAP

Increasing Short

339

5.1617 GBP

10p ordinary

SWAP

Increasing Short

127,858

5.1980 GBP

10p ordinary

SWAP

Increasing Long

10,044

5.1979 GBP

10p ordinary

SWAP

Decreasing Short

656

5.1120 GBP

10p ordinary

SWAP

Decreasing Short

3,927

5.1561 GBP

10p ordinary

SWAP

Decreasing Short

6,174

5.1980 GBP

10p ordinary

SWAP

Increasing Short

61,438

5.1349 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:

29 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213