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:

06 Aug 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:

10,463,970

1.07%

4,591,065

0.47%

(2) Cash-settled derivatives:

3,680,846

0.38%

9,114,082

0.94%

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

0

0.00%

0

0.00%

TOTAL: 

14,144,816

1.45%

13,705,147

1.41%

(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

709359

5.1539 GBP

5.0720 GBP

10p ordinary

Sale

625466

5.1490 GBP

5.0720 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

662

5.1317 GBP

10p ordinary

CFD

Increasing Long

11,483

5.1129 GBP

10p ordinary

CFD

Increasing Long

7,296

5.1377 GBP

10p ordinary

CFD

Increasing Long

402

5.1397 GBP

10p ordinary

CFD

Decreasing Long

681

5.0954 GBP

10p ordinary

CFD

Decreasing Long

2,718

5.1159 GBP

10p ordinary

CFD

Opening Short

110,127

5.1219 GBP

10p ordinary

CFD

Increasing Short

6,615

5.1220 GBP

10p ordinary

CFD

Increasing Short

341

5.1244 GBP

10p ordinary

SWAP

Decreasing Short

100

5.0940 GBP

10p ordinary

SWAP

Decreasing Short

855

5.1119 GBP

10p ordinary

SWAP

Increasing Long

4

5.0877 GBP

10p ordinary

SWAP

Decreasing Long

3,781

5.1245 GBP

10p ordinary

SWAP

Decreasing Long

569

5.1263 GBP

10p ordinary

SWAP

Decreasing Short

747

5.0740 GBP

10p ordinary

SWAP

Decreasing Short

1,221

5.0936 GBP

10p ordinary

SWAP

Decreasing Short

121,565

5.1049 GBP

10p ordinary

SWAP

Decreasing Short

108,526

5.1220 GBP

10p ordinary

SWAP

Increasing Short

39,491

5.0906 GBP

10p ordinary

SWAP

Increasing Short

138,930

5.0920 GBP

10p ordinary

SWAP

Increasing Short

548

5.1056 GBP

10p ordinary

SWAP

Increasing Short

17

5.1220 GBP

10p ordinary

SWAP

Increasing Short

1,780

5.1285 GBP

10p ordinary

SWAP

Increasing Short

164

5.1420 GBP

10p ordinary

SWAP

Decreasing Short

225

5.0879 GBP

10p ordinary

SWAP

Decreasing Short

756

5.0881 GBP

10p ordinary

SWAP

Decreasing Short

97

5.0899 GBP

10p ordinary

SWAP

Decreasing Short

3,703

5.1259 GBP

10p ordinary

SWAP

Decreasing Short

3,093

5.1286 GBP

10p ordinary

SWAP

Decreasing Short

407

5.1559 GBP

10p ordinary

SWAP

Increasing Short

342

5.0809 GBP

10p ordinary

SWAP

Increasing Short

753

5.0870 GBP

10p ordinary

SWAP

Increasing Short

2,648

5.0919 GBP

10p ordinary

SWAP

Increasing Short

96

5.0934 GBP

10p ordinary

SWAP

Increasing Short

45,076

5.1056 GBP

10p ordinary

SWAP

Increasing Short

93

5.1083 GBP

10p ordinary

SWAP

Increasing Short

14,595

5.1220 GBP

10p ordinary

SWAP

Decreasing Short

1,537

5.1108 GBP

10p ordinary

SWAP

Increasing Long

59,226

5.1018 GBP

10p ordinary

SWAP

Increasing Long

31,167

5.1220 GBP

10p ordinary

SWAP

Decreasing Long

76,059

5.0920 GBP

10p ordinary

SWAP

Decreasing Long

47

5.1220 GBP

10p ordinary

SWAP

Decreasing Long

318

5.1540 GBP

10p ordinary

SWAP

Decreasing Long

19,936

5.0920 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:

07 Aug 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213