| FORM 8.5 (EPT/NON-RI) - Amendment to section 3a |
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| Replaces form released on 13:49 07/03/2024 |
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| RNS Number : 0421G |
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| 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 | REDROW PLC | |||||
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| relevant securities this form relates: | |||||||
| (c) | Name of the party to the offer with which exempt | REDROW PLC | |||||
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| principal trader is connected | |||||||
| (d) | Date position held/dealing undertaken: | 06-Mar-24 | |||||
| (e) | In addition to the company in 1(b) above, is the exempt principal | YES: | |||||
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| trader making disclosures in respect of any other party to the offer? | BARRATT DEVELOPMENTS PLC | ||||||
| 2 | POSITIONS OF THE EXEMPT PRINCIPAL TRADER | ||||||
| (a) | Interests and short positions in the relevant securities of the offeror or offeree | ||||||
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| to which the disclosure relates following the dealing (if any) | ||||||
| Class of relevant security: | 10.5p ordinary | ||||||
| | Interests | Short Positions | |||||
| Number | (%) | Number | (%) | ||||
| (1) Relevant securities owned and/or controlled: | 7,210,340 | 2.17% | 2,537,024 | 0.76% | |||
| (2) Cash-settled derivatives: | 1,283,330 | 0.38% | 7,074,668 | 2.13% | |||
| (3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
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| 8,493,670 | 2.55% | 9,611,692 | 2.89% | |||
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| TOTAL: | |||||||
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| (b) | Rights to subscribe for new securities (including directors and other executive options) | ||||||
| Class of relevant security in relation to |
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| which subscription right exists | |||||||
| Details, including nature of the rights |
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| concerned and relevant percentages: | |||||||
| 3 | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
| (a) | Purchase and sales |
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| Class of relevant | Purchase/sale | Total number of | Highest price per unit | Lowest price per unit | |||
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| security | securities | paid/received | paid/received | ||||
| 10.5p ordinary | Purchase | 106627 | 6.6895 GBP | 6.5550 GBP | |||
| 10.5p ordinary | Sale | 114550 | 6.6895 GBP | 6.5550 GBP | |||
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| (b) | Cash-settled derivative transactions | ||||||
| Class of | Product description | Nature of dealing | Number of | Price per | |||
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| relevant | reference | unit | |||||
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| security | securities | | |||||
| 10.5p ordinary | SWAP | Decreasing Long | 1,152 | 6.5779 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Long | 1,618 | 6.5832 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Long | 1,728 | 6.5724 GBP | |||
| 10.5p ordinary | CFD | Decreasing Short | 22 | 6.5550 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Short | 178 | 6.5900 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Short | 3,355 | 6.6528 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Short | 5,235 | 6.6083 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Short | 6,604 | 6.6025 GBP | |||
| 10.5p ordinary | SWAP | Decreasing Short | 16,174 | 6.6373 GBP | |||
| 10.5p ordinary | CFD | Increasing Short | 1 | 6.5600 GBP | |||
| 10.5p ordinary | CFD | Increasing Short | 22 | 6.5550 GBP | |||
| 10.5p ordinary | SWAP | Increasing Short | 155 | 6.6146 GBP | |||
| 10.5p ordinary | SWAP | Increasing Short | 165 | 6.6000 GBP | |||
| 10.5p ordinary | SWAP | Increasing Short | 442 | 6.6099 GBP | |||
| 10.5p ordinary | SWAP | Increasing Short | 588 | 6.6088 GBP | |||
| 10.5p ordinary | SWAP | Increasing Short | 935 | 6.6450 GBP | |||
| 10.5p ordinary | SWAP | Increasing Short | 1,343 | 6.6151 GBP | |||
| 10.5p ordinary | SWAP | Increasing Short | 1,886 | 6.5550 GBP | |||
| 10.5p ordinary | SWAP | Increasing Short | 4,308 | 6.6078 GBP | |||
| 10.5p ordinary | SWAP | Increasing Short | 9,302 | 6.6027 GBP | |||
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| (c) | Stock-settled derivative transactions (including options) | ||||||
| (i) | Writing, selling, purchasing or varying | ||||||
| Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
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| of | description | purchasing, | of | price | date | money | |
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| relevant | | selling, | securities | per unit | | paid/ | |
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| security | | varying etc | to which | | | received | |
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| | | | option | | | per unit | |
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| (ii) | Exercising |
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| Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
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| security | securities | unit | |||||
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| (d) | Other dealings (including subscribing for new securities) | ||||||
| Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
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| security | applicable) | ||||||
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| 4 | OTHER INFORMATION | ||||||
| (a) | Indemnity and other dealings arrangements | ||||||
| Details of any indemnity or option arrangement, or any agreement or understanding, | |||||||
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| formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by | |||||||
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| the exempt principal trader making the disclosure and any party | |||||||
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| 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 | |||||||
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| the exempt principal trader making the disclosure and any other person relating to: | |||||||
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| (i) the voting rights of any relevant securities under any option; or | |||||||
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| (ii) the voting rights of future acquisition or disposal of any relevant securities to which | |||||||
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| any derivative is referenced: | |||||||
| NONE | |||||||
| (c) | Attachments | ||||||
| Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
| Date of disclosure: | 11-Apr-24 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
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