Barratt Developments Regulatory News (BDEV)

FORM 8.5 (EPT/NON-RI) Amendment in 2(a)

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:

03 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:

11,354,495

1.17%

6,681,728

0.69%

(2) Cash-settled derivatives:

5,618,882

0.58%

9,936,064

1.02%

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

0

0.00%

0

0.00%

TOTAL: 

16,973,377

1.74%

16,617,792

1.71%

(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

443765

4.8701 GBP

4.8331 GBP

10p ordinary

Sale

562379

4.8703 GBP

4.8090 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

10p ordinary

CFD

Decreasing Short

45,952

4.8533 GBP

10p ordinary

CFD

Decreasing Short

44,827

4.8695 GBP

10p ordinary

CFD

Decreasing Short

32,099

4.8696 GBP

10p ordinary

CFD

Increasing Short

11,446

4.8514 GBP

10p ordinary

CFD

Increasing Short

35,805

4.8567 GBP

10p ordinary

CFD

Increasing Short

10,000

4.8600 GBP

10p ordinary

CFD

Increasing Short

34,506

4.8700 GBP

10p ordinary

SWAP

Increasing Short

2,209

4.8519 GBP

10p ordinary

SWAP

Opening Long

24,668

4.8700 GBP

10p ordinary

SWAP

Decreasing Long

517

4.8462 GBP

10p ordinary

SWAP

Closing Long

22,581

4.8702 GBP

10p ordinary

SWAP

Opening Short

93

4.8560 GBP

10p ordinary

SWAP

Decreasing Long

33,736

4.8672 GBP

10p ordinary

SWAP

Decreasing Long

3,710

4.8701 GBP

10p ordinary

SWAP

Decreasing Short

994

4.8273 GBP

10p ordinary

SWAP

Decreasing Short

37

4.8360 GBP

10p ordinary

SWAP

Decreasing Short

17,421

4.8462 GBP

10p ordinary

SWAP

Decreasing Short

2,601

4.8496 GBP

10p ordinary

SWAP

Decreasing Short

2,521

4.8570 GBP

10p ordinary

SWAP

Decreasing Short

453

4.8647 GBP

10p ordinary

SWAP

Decreasing Short

12,584

4.8686 GBP

10p ordinary

SWAP

Increasing Short

351

4.8461 GBP

10p ordinary

SWAP

Increasing Short

3,086

4.8508 GBP

10p ordinary

SWAP

Increasing Short

10,168

4.8562 GBP

10p ordinary

SWAP

Increasing Short

43,548

4.8580 GBP

10p ordinary

SWAP

Increasing Short

14,947

4.8656 GBP

10p ordinary

SWAP

Increasing Short

60,264

4.8700 GBP

10p ordinary

SWAP

Decreasing Short

14,871

4.8530 GBP

10p ordinary

SWAP

Decreasing Short

2,203

4.8536 GBP

10p ordinary

SWAP

Decreasing Short

2,277

4.8539 GBP

10p ordinary

SWAP

Decreasing Short

13,492

4.8584 GBP

10p ordinary

SWAP

Decreasing Short

2,552

4.8680 GBP

10p ordinary

SWAP

Decreasing Short

32,284

4.8699 GBP

10p ordinary

SWAP

Increasing Short

803

4.8399 GBP

10p ordinary

SWAP

Increasing Short

9,927

4.8495 GBP

10p ordinary

SWAP

Increasing Short

983

4.8553 GBP

10p ordinary

SWAP

Increasing Short

1,289

4.8584 GBP

10p ordinary

SWAP

Increasing Short

1,185

4.8589 GBP

10p ordinary

SWAP

Increasing Short

1,472

4.8603 GBP

10p ordinary

SWAP

Increasing Long

287

4.8504 GBP

10p ordinary

SWAP

Increasing Long

686

4.8529 GBP

10p ordinary

SWAP

Increasing Long

996

4.8551 GBP

10p ordinary

SWAP

Increasing Long

3,811

4.8566 GBP

10p ordinary

SWAP

Increasing Long

9,711

4.8588 GBP

10p ordinary

SWAP

Increasing Long

1

4.8595 GBP

10p ordinary

SWAP

Increasing Long

1

4.8605 GBP

10p ordinary

SWAP

Increasing Long

8,254

4.8699 GBP

10p ordinary

SWAP

Decreasing Short

12,952

4.8514 GBP

10p ordinary

SWAP

Opening Long

18,466

4.8549 GBP

10p ordinary

SWAP

Opening Short

15,363

4.8700 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:

08 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213