Form 8.5 (EPT/NON-RI) BELLWAY PLC

Barclays PLC
18 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:

17 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:

1,199,784

1.01%

212,846

0.18%

(2) Cash-settled derivatives:

172,199

0.14%

1,128,907

0.95%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

1,371,983

1.15%

1,341,753

1.13%

 








(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

65612

26.4000  GBP

26.0325  GBP

12.5p ordinary

Sale

75928

26.4005  GBP

26.0325  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

Decreasing Long

77

26.1116  GBP

12.5p ordinary

SWAP

Decreasing Long

81

26.1001  GBP

12.5p ordinary

SWAP

Decreasing Long

111

26.2139  GBP

12.5p ordinary

SWAP

Decreasing Long

149

26.2259  GBP

12.5p ordinary

SWAP

Decreasing Long

230

26.2414  GBP

12.5p ordinary

SWAP

Decreasing Long

308

26.2214  GBP

12.5p ordinary

SWAP

Decreasing Long

476

26.1359  GBP

12.5p ordinary

SWAP

Decreasing Long

709

26.2401  GBP

12.5p ordinary

SWAP

Decreasing Long

1,656

26.0401  GBP

12.5p ordinary

SWAP

Decreasing Short

5

26.1160  GBP

12.5p ordinary

SWAP

Decreasing Short

17

26.2000  GBP

12.5p ordinary

SWAP

Decreasing Short

19

26.3400  GBP

12.5p ordinary

SWAP

Decreasing Short

29

26.2400  GBP

12.5p ordinary

SWAP

Decreasing Short

185

26.0989  GBP

12.5p ordinary

SWAP

Decreasing Short

205

26.3131  GBP

12.5p ordinary

CFD

Decreasing Short

347

26.0400  GBP

12.5p ordinary

SWAP

Decreasing Short

412

26.1287  GBP

12.5p ordinary

SWAP

Decreasing Short

592

26.1453  GBP

12.5p ordinary

SWAP

Decreasing Short

721

26.1749  GBP

12.5p ordinary

CFD

Decreasing Short

810

26.2399  GBP

12.5p ordinary

CFD

Decreasing Short

1,902

26.1250  GBP

12.5p ordinary

SWAP

Decreasing Short

2,284

26.0400  GBP

12.5p ordinary

SWAP

Decreasing Short

6,991

26.1106  GBP

12.5p ordinary

CFD

Decreasing Short

7,800

26.1200  GBP

12.5p ordinary

SWAP

Increasing Long

86

26.1744  GBP

12.5p ordinary

SWAP

Increasing Long

248

26.0360  GBP

12.5p ordinary

SWAP

Increasing Long

699

26.1714  GBP

12.5p ordinary

SWAP

Increasing Long

823

26.1390  GBP

12.5p ordinary

SWAP

Increasing Long

2,205

26.0398  GBP

12.5p ordinary

SWAP

Increasing Long

2,719

26.1795  GBP

12.5p ordinary

SWAP

Increasing Short

1

26.1200  GBP

12.5p ordinary

SWAP

Increasing Short

3

26.2400  GBP

12.5p ordinary

SWAP

Increasing Short

91

26.2479  GBP

12.5p ordinary

SWAP

Increasing Short

203

26.2328  GBP

12.5p ordinary

SWAP

Increasing Short

266

26.2482  GBP

12.5p ordinary

SWAP

Increasing Short

394

26.1372  GBP

12.5p ordinary

SWAP

Increasing Short

874

26.2132  GBP

12.5p ordinary

CFD

Increasing Short

1,369

26.0423  GBP

12.5p ordinary

CFD

Increasing Short

2,249

26.1419  GBP

12.5p ordinary

SWAP

Increasing Short

2,614

26.0400  GBP

12.5p ordinary

SWAP

Increasing Short

6,794

26.0399  GBP

12.5p ordinary

CFD

Increasing Short

7,800

26.1200  GBP

12.5p ordinary

SWAP

Opening Long

1

26.2200  GBP

12.5p ordinary

SWAP

Opening Long

199

26.0795  GBP

12.5p ordinary

SWAP

Opening Long

240

26.1944  GBP

12.5p ordinary

SWAP

Opening Long

1,471

26.2274  GBP

12.5p ordinary

SWAP

Opening Long

10,263

26.0400  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:

18 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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