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:

21 Jun 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:

12,332,561

1.27%

3,766,391

0.39%

(2) Cash-settled derivatives:

2,914,924

0.30%

10,927,344

1.12%

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

0

0.00%

0

0.00%

TOTAL: 

15,247,485

1.56%

14,693,735

1.51%

(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

1337717

4.7782 GBP

4.7310 GBP

10p ordinary

Sale

1129080

4.7776 GBP

4.7310 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

Closing Long

43

4.7695 GBP

10p ordinary

SWAP

Closing Long

192

4.7647 GBP

10p ordinary

SWAP

Closing Long

442

4.7533 GBP

10p ordinary

SWAP

Closing Long

735

4.7591 GBP

10p ordinary

SWAP

Decreasing Long

13

4.7361 GBP

10p ordinary

SWAP

Decreasing Long

52

4.7445 GBP

10p ordinary

SWAP

Decreasing Long

79

4.7395 GBP

10p ordinary

SWAP

Decreasing Long

184

4.7644 GBP

10p ordinary

SWAP

Decreasing Long

209

4.7738 GBP

10p ordinary

SWAP

Decreasing Long

314

4.7684 GBP

10p ordinary

SWAP

Decreasing Long

396

4.7674 GBP

10p ordinary

SWAP

Decreasing Long

435

4.7736 GBP

10p ordinary

SWAP

Decreasing Long

1,291

4.7659 GBP

10p ordinary

SWAP

Decreasing Long

2,253

4.7677 GBP

10p ordinary

SWAP

Decreasing Long

2,542

4.7678 GBP

10p ordinary

SWAP

Decreasing Long

4,894

4.7614 GBP

10p ordinary

SWAP

Decreasing Long

7,001

4.7569 GBP

10p ordinary

SWAP

Decreasing Long

8,761

4.7563 GBP

10p ordinary

SWAP

Decreasing Long

11,141

4.7694 GBP

10p ordinary

SWAP

Decreasing Long

11,850

4.7692 GBP

10p ordinary

SWAP

Decreasing Long

52,945

4.7602 GBP

10p ordinary

SWAP

Decreasing Short

9

4.7580 GBP

10p ordinary

SWAP

Decreasing Short

16

4.7420 GBP

10p ordinary

SWAP

Decreasing Short

78

4.7470 GBP

10p ordinary

SWAP

Decreasing Short

86

4.7390 GBP

10p ordinary

SWAP

Decreasing Short

851

4.7717 GBP

10p ordinary

SWAP

Decreasing Short

1,046

4.7558 GBP

10p ordinary

SWAP

Decreasing Short

1,629

4.7442 GBP

10p ordinary

SWAP

Decreasing Short

1,868

4.7406 GBP

10p ordinary

SWAP

Decreasing Short

1,906

4.7423 GBP

10p ordinary

CFD

Decreasing Short

2,016

4.7419 GBP

10p ordinary

SWAP

Decreasing Short

2,226

4.7548 GBP

10p ordinary

CFD

Decreasing Short

2,695

4.7611 GBP

10p ordinary

SWAP

Decreasing Short

3,900

4.7619 GBP

10p ordinary

SWAP

Decreasing Short

4,753

4.7414 GBP

10p ordinary

SWAP

Decreasing Short

4,961

4.7483 GBP

10p ordinary

SWAP

Decreasing Short

6,442

4.7434 GBP

10p ordinary

SWAP

Decreasing Short

7,357

4.7511 GBP

10p ordinary

SWAP

Decreasing Short

8,547

4.7438 GBP

10p ordinary

CFD

Decreasing Short

13,275

4.7567 GBP

10p ordinary

SWAP

Decreasing Short

19,708

4.7568 GBP

10p ordinary

SWAP

Decreasing Short

25,601

4.7504 GBP

10p ordinary

SWAP

Decreasing Short

115,200

4.7776 GBP

10p ordinary

SWAP

Decreasing Short

140,763

4.7419 GBP

10p ordinary

SWAP

Decreasing Short

144,000

4.7696 GBP

10p ordinary

SWAP

Decreasing Short

226,900

4.7369 GBP

10p ordinary

SWAP

Increasing Short

46

4.7417 GBP

10p ordinary

SWAP

Increasing Short

759

4.7330 GBP

10p ordinary

SWAP

Increasing Short

991

4.7782 GBP

10p ordinary

SWAP

Increasing Short

1,685

4.7580 GBP

10p ordinary

SWAP

Increasing Short

2,042

4.7675 GBP

10p ordinary

SWAP

Increasing Short

2,687

4.7655 GBP

10p ordinary

CFD

Increasing Short

4,711

4.7485 GBP

10p ordinary

SWAP

Increasing Short

5,124

4.7427 GBP

10p ordinary

SWAP

Increasing Short

5,317

4.7423 GBP

10p ordinary

SWAP

Increasing Short

13,733

4.7750 GBP

10p ordinary

SWAP

Increasing Short

27,815

4.7532 GBP

10p ordinary

CFD

Increasing Short

29,444

4.7353 GBP

10p ordinary

SWAP

Increasing Short

36,988

4.7518 GBP

10p ordinary

SWAP

Increasing Short

38,122

4.7564 GBP

10p ordinary

SWAP

Increasing Short

105,440

4.7384 GBP

10p ordinary

SWAP

Increasing Short

127,377

4.7420 GBP

10p ordinary

SWAP

Increasing Short

132,366

4.7617 GBP

10p ordinary

SWAP

Increasing Short

139,532

4.7680 GBP

10p ordinary

SWAP

Increasing Short

263,950

4.7406 GBP

10p ordinary

SWAP

Opening Short

13

4.7538 GBP

10p ordinary

SWAP

Opening Short

1,028

4.7569 GBP

10p ordinary

SWAP

Opening Short

2,105

4.7422 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:

24 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213