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:

30 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:

11,178,011

1.15%

4,635,891

0.48%

(2) Cash-settled derivatives:

3,648,885

0.37%

9,822,602

1.01%

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

0

0.00%

0

0.00%

TOTAL: 

14,826,896

1.52%

14,458,493

1.48%

(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

1847385

5.2798 GBP

5.2483 GBP

10p ordinary

Sale

802451

5.2800 GBP

5.2440 GBP

ADR

Purchase

1000

13.4600 USD

13.4600 USD

ADR

Sale

1000

13.4600 USD

13.4600 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

212,540

5.2530 GBP

10p ordinary

SWAP

Decreasing Long

2,827

5.2648 GBP

10p ordinary

CFD

Increasing Long

3,182

5.2477 GBP

10p ordinary

CFD

Increasing Long

1

5.2600 GBP

10p ordinary

CFD

Increasing Long

15,720

5.2623 GBP

10p ordinary

CFD

Increasing Long

916

5.2635 GBP

10p ordinary

CFD

Increasing Long

16,485

5.2640 GBP

10p ordinary

CFD

Increasing Long

10,000

5.2655 GBP

10p ordinary

CFD

Decreasing Long

1,211

5.2472 GBP

10p ordinary

CFD

Decreasing Long

31,205

5.2484 GBP

10p ordinary

CFD

Decreasing Long

14,568

5.2614 GBP

10p ordinary

CFD

Decreasing Long

705

5.2620 GBP

10p ordinary

CFD

Decreasing Long

396

5.2664 GBP

10p ordinary

CFD

Decreasing Long

1,000

5.2716 GBP

10p ordinary

SWAP

Decreasing Short

5,247

5.2646 GBP

10p ordinary

SWAP

Decreasing Long

83

5.2613 GBP

10p ordinary

SWAP

Decreasing Long

101

5.2650 GBP

10p ordinary

SWAP

Increasing Short

82,734

5.2643 GBP

10p ordinary

SWAP

Increasing Short

89,844

5.2651 GBP

10p ordinary

SWAP

Decreasing Short

962

5.2457 GBP

10p ordinary

SWAP

Decreasing Short

4

5.2640 GBP

10p ordinary

SWAP

Decreasing Short

13,197

5.2652 GBP

10p ordinary

SWAP

Decreasing Short

20,069

5.2678 GBP

10p ordinary

SWAP

Decreasing Short

3,014

5.2690 GBP

10p ordinary

SWAP

Decreasing Short

954

5.2740 GBP

10p ordinary

SWAP

Increasing Short

288

5.2607 GBP

10p ordinary

SWAP

Increasing Short

11,919

5.2633 GBP

10p ordinary

SWAP

Increasing Short

144,448

5.2640 GBP

10p ordinary

SWAP

Increasing Short

7,403

5.2641 GBP

10p ordinary

SWAP

Increasing Short

31,038

5.2662 GBP

10p ordinary

SWAP

Increasing Short

2,749

5.2693 GBP

10p ordinary

SWAP

Increasing Short

111

5.2720 GBP

10p ordinary

SWAP

Increasing Short

159,955

5.2760 GBP

10p ordinary

SWAP

Decreasing Short

10

5.2629 GBP

10p ordinary

SWAP

Decreasing Short

1

5.2659 GBP

10p ordinary

SWAP

Decreasing Short

100

5.2691 GBP

10p ordinary

SWAP

Decreasing Short

31

5.2702 GBP

10p ordinary

SWAP

Decreasing Short

24

5.2719 GBP

10p ordinary

SWAP

Increasing Short

173,324

5.2640 GBP

10p ordinary

SWAP

Increasing Short

3,500

5.2659 GBP

10p ordinary

SWAP

Increasing Short

8,483

5.2665 GBP

10p ordinary

SWAP

Increasing Short

7,243

5.2676 GBP

10p ordinary

SWAP

Increasing Short

14,251

5.2688 GBP

10p ordinary

SWAP

Increasing Short

4,061

5.2693 GBP

10p ordinary

SWAP

Increasing Short

2,107

5.2695 GBP

10p ordinary

SWAP

Increasing Short

5,004

5.2709 GBP

10p ordinary

SWAP

Increasing Short

1,808

5.2728 GBP

10p ordinary

SWAP

Increasing Short

1,806

5.2754 GBP

10p ordinary

SWAP

Decreasing Short

675

5.2655 GBP

10p ordinary

SWAP

Increasing Long

6,610

5.2640 GBP

10p ordinary

SWAP

Increasing Long

12,863

5.2651 GBP

10p ordinary

SWAP

Increasing Long

10,411

5.2669 GBP

10p ordinary

SWAP

Decreasing Long

1,033

5.2617 GBP

10p ordinary

SWAP

Decreasing Long

600

5.2700 GBP

10p ordinary

SWAP

Decreasing Long

78,560

5.2760 GBP

10p ordinary

SWAP

Decreasing Long

19,169

5.264 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:

31 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213