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:

04 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:

11,424,606

1.17%

6,668,176

0.68%

(2) Cash-settled derivatives:

5,608,970

0.58%

10,048,770

1.03%

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

0

0.00%

0

0.00%

TOTAL: 

17,033,576

1.75%

16,716,946

1.72%

(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

1040804

4.9460 GBP

4.9045 GBP

10p ordinary

Sale

957141

4.9460 GBP

4.9070 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 Short

66

4.8999 GBP

10p ordinary

CFD

Decreasing Short

24,387

4.9169 GBP

10p ordinary

CFD

Increasing Short

8,432

4.9108 GBP

10p ordinary

CFD

Increasing Short

15,955

4.9200 GBP

10p ordinary

SWAP

Increasing Short

3,466

4.9278 GBP

10p ordinary

SWAP

Opening Short

45

4.9280 GBP

10p ordinary

SWAP

Closing Short

93

4.9200 GBP

10p ordinary

SWAP

Decreasing Long

2

4.9043 GBP

10p ordinary

SWAP

Decreasing Long

479

4.9119 GBP

10p ordinary

SWAP

Decreasing Long

729

4.9204 GBP

10p ordinary

SWAP

Decreasing Long

8,401

4.9207 GBP

10p ordinary

SWAP

Decreasing Long

13,985

4.9226 GBP

10p ordinary

SWAP

Decreasing Long

327

4.9233 GBP

10p ordinary

SWAP

Decreasing Short

6,395

4.9163 GBP

10p ordinary

SWAP

Decreasing Short

13,699

4.9197 GBP

10p ordinary

SWAP

Decreasing Short

2,024

4.9211 GBP

10p ordinary

SWAP

Decreasing Short

1,240

4.9280 GBP

10p ordinary

SWAP

Decreasing Short

385

4.9320 GBP

10p ordinary

SWAP

Increasing Short

98,378

4.9199 GBP

10p ordinary

SWAP

Increasing Short

228

4.9200 GBP

10p ordinary

SWAP

Increasing Short

2,093

4.9218 GBP

10p ordinary

SWAP

Increasing Short

1,917

4.9233 GBP

10p ordinary

SWAP

Increasing Short

1,328

4.9235 GBP

10p ordinary

SWAP

Increasing Short

1,714

4.9301 GBP

10p ordinary

SWAP

Decreasing Short

14

4.9132 GBP

10p ordinary

SWAP

Decreasing Short

822

4.9199 GBP

10p ordinary

SWAP

Decreasing Short

739

4.9200 GBP

10p ordinary

SWAP

Decreasing Short

15,701

4.9245 GBP

10p ordinary

SWAP

Decreasing Short

1,247

4.9253 GBP

10p ordinary

SWAP

Decreasing Short

15,645

4.9268 GBP

10p ordinary

SWAP

Decreasing Short

2,071

4.9282 GBP

10p ordinary

SWAP

Decreasing Short

2,150

4.9296 GBP

10p ordinary

SWAP

Decreasing Short

908

4.9307 GBP

10p ordinary

SWAP

Decreasing Short

3,707

4.9351 GBP

10p ordinary

SWAP

Increasing Short

315

4.9262 GBP

10p ordinary

SWAP

Increasing Long

143

4.9105 GBP

10p ordinary

SWAP

Increasing Long

10

4.9175 GBP

10p ordinary

SWAP

Increasing Long

1,107

4.9198 GBP

10p ordinary

SWAP

Increasing Long

7,262

4.9199 GBP

10p ordinary

SWAP

Increasing Long

4,409

4.9220 GBP

10p ordinary

SWAP

Increasing Long

305

4.9224 GBP

10p ordinary

SWAP

Increasing Long

356

4.9247 GBP

10p ordinary

SWAP

Increasing Long

249

4.9284 GBP

10p ordinary

SWAP

Increasing Long

170

4.9308 GBP

10p ordinary

SWAP

Increasing Short

70,128

4.9200 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:

05 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213