Form 8.5 (EPT/NON-RI) - Bellway plc

Barclays PLC
17 June 2024
 

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:

BELLWAY PLC

(c)

Name of the party to the offer with which exempt

 principal trader is connected

CREST NICHOLSON HOLDINGS PLC

(d)

Date position held/dealing undertaken:

14 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:

 CREST NICHOLSON HOLDINGS 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:

12.5p ordinary


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,195,842

1.01%

198,170

0.17%

(2) Cash-settled derivatives:

158,755

0.13%

1,128,568

0.95%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

1,354,597

1.14%

1,326,738

1.12%

 








(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

12.5p ordinary

Purchase

177639

26.4993  GBP

25.8000  GBP

12.5p ordinary

Sale

117524

26.7389  GBP

25.8000  GBP

 








(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

12.5p ordinary

SWAP

Opening Long

57

26.0401  GBP

12.5p ordinary

SWAP

Opening Long

136

25.8000  GBP

12.5p ordinary

SWAP

Opening Long

167

26.0559  GBP

12.5p ordinary

SWAP

Opening Long

256

26.3462  GBP

12.5p ordinary

SWAP

Opening Long

418

26.1998  GBP

12.5p ordinary

SWAP

Opening Long

907

26.0811  GBP

12.5p ordinary

SWAP

Opening Long

967

25.9801  GBP

12.5p ordinary

SWAP

Opening Long

970

26.3058  GBP

12.5p ordinary

SWAP

Opening Long

985

26.1627  GBP

12.5p ordinary

SWAP

Opening Long

1,205

25.9804  GBP

12.5p ordinary

SWAP

Opening Long

1,240

26.2033  GBP

12.5p ordinary

SWAP

Opening Long

1,452

26.0886  GBP

12.5p ordinary

SWAP

Opening Long

2,225

25.9084  GBP

12.5p ordinary

SWAP

Opening Long

2,271

26.1800  GBP

12.5p ordinary

SWAP

Opening Long

2,447

26.1723  GBP

12.5p ordinary

SWAP

Opening Long

2,984

26.2560  GBP

12.5p ordinary

SWAP

Opening Long

3,228

26.5943  GBP

12.5p ordinary

SWAP

Opening Long

4,829

26.0871  GBP

12.5p ordinary

SWAP

Opening Long

4,930

25.9835  GBP

12.5p ordinary

SWAP

Opening Long

11,056

26.5051  GBP

12.5p ordinary

SWAP

Opening Short

15

27.1800  GBP

12.5p ordinary

SWAP

Opening Short

59

26.1738  GBP

12.5p ordinary

SWAP

Opening Short

80

26.0800  GBP

12.5p ordinary

SWAP

Opening Short

198

25.9200  GBP

12.5p ordinary

SWAP

Opening Short

209

26.1839  GBP

12.5p ordinary

SWAP

Opening Short

297

26.0284  GBP

12.5p ordinary

CFD

Opening Short

373

26.2018  GBP

12.5p ordinary

SWAP

Opening Short

439

26.1619  GBP

12.5p ordinary

CFD

Opening Short

667

26.0821  GBP

12.5p ordinary

SWAP

Opening Short

678

26.1835  GBP

12.5p ordinary

CFD

Opening Short

709

26.1984  GBP

12.5p ordinary

CFD

Opening Short

911

25.8420  GBP

12.5p ordinary

CFD

Opening Short

919

26.4993  GBP

12.5p ordinary

CFD

Opening Short

989

25.9800  GBP

12.5p ordinary

CFD

Opening Short

1,107

26.8519  GBP

12.5p ordinary

SWAP

Opening Short

1,500

27.1772  GBP

12.5p ordinary

CFD

Opening Short

1,839

26.4012  GBP

12.5p ordinary

SWAP

Opening Short

1,886

25.9889  GBP

12.5p ordinary

CFD

Opening Short

1,972

26.1720  GBP

12.5p ordinary

CFD

Opening Short

2,000

27.1775  GBP

12.5p ordinary

SWAP

Opening Short

3,060

26.0022  GBP

12.5p ordinary

SWAP

Opening Short

3,425

26.1227  GBP

12.5p ordinary

SWAP

Opening Short

3,504

26.0277  GBP

12.5p ordinary

SWAP

Opening Short

3,605

26.3487  GBP

12.5p ordinary

CFD

Opening Short

3,763

26.0014  GBP

12.5p ordinary

SWAP

Opening Short

3,764

26.0321  GBP

12.5p ordinary

SWAP

Opening Short

9,286

25.9800  GBP

12.5p ordinary

SWAP

Opening Short

10,846

25.9909  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:

17 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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