Form 8.5 (EPT/NON-RI) BELLWAY PLC

Barclays PLC

21 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:			20 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:				1,189,507	1.00%	255,961	0.22%
(2) Cash-settled derivatives:				214,703	0.18%	1,117,393	0.94%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,404,210	1.18%	1,373,354	1.15%
(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	41113	25.6205  GBP	25.4980  GBP
12.5p ordinary	Sale	41092	25.6335  GBP	25.4000  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	12	25.4802  GBP
12.5p ordinary	SWAP	Decreasing Long	17	25.5602  GBP
12.5p ordinary	SWAP	Decreasing Long	101	25.4801  GBP
12.5p ordinary	SWAP	Decreasing Long	137	25.4980  GBP
12.5p ordinary	SWAP	Decreasing Long	222	25.5542  GBP
12.5p ordinary	SWAP	Decreasing Long	443	25.4842  GBP
12.5p ordinary	SWAP	Decreasing Long	638	25.5305  GBP
12.5p ordinary	SWAP	Decreasing Long	829	25.6205  GBP
12.5p ordinary	SWAP	Decreasing Long	1,149	25.5940  GBP
12.5p ordinary	SWAP	Decreasing Long	1,311	25.5736  GBP
12.5p ordinary	SWAP	Decreasing Long	1,730	25.5705  GBP
12.5p ordinary	SWAP	Decreasing Long	5,889	25.6200  GBP
12.5p ordinary	SWAP	Decreasing Long	6,714	25.6189  GBP
12.5p ordinary	SWAP	Decreasing Short	1	25.4800  GBP
12.5p ordinary	SWAP	Decreasing Short	6	25.5783  GBP
12.5p ordinary	SWAP	Decreasing Short	123	25.5933  GBP
12.5p ordinary	SWAP	Decreasing Short	210	25.5800  GBP
12.5p ordinary	SWAP	Decreasing Short	256	25.6335  GBP
12.5p ordinary	SWAP	Decreasing Short	274	25.5832  GBP
12.5p ordinary	SWAP	Decreasing Short	340	25.5979  GBP
12.5p ordinary	SWAP	Decreasing Short	344	25.5791  GBP
12.5p ordinary	CFD	Decreasing Short	886	25.5791  GBP
12.5p ordinary	SWAP	Decreasing Short	1,234	25.6200  GBP
12.5p ordinary	SWAP	Decreasing Short	1,723	25.6071  GBP
12.5p ordinary	CFD	Decreasing Short	2,728	25.5258  GBP
12.5p ordinary	SWAP	Decreasing Short	3,200	25.5915  GBP
12.5p ordinary	CFD	Decreasing Short	4,364	25.5190  GBP
12.5p ordinary	SWAP	Decreasing Short	4,730	25.5470  GBP
12.5p ordinary	CFD	Decreasing Short	5,966	25.6179  GBP
12.5p ordinary	SWAP	Increasing Long	27	25.5175  GBP
12.5p ordinary	SWAP	Increasing Long	61	25.5702  GBP
12.5p ordinary	SWAP	Increasing Long	86	25.5890  GBP
12.5p ordinary	SWAP	Increasing Long	172	25.6031  GBP
12.5p ordinary	SWAP	Increasing Long	184	25.6313  GBP
12.5p ordinary	SWAP	Increasing Long	900	25.6070  GBP
12.5p ordinary	SWAP	Increasing Long	986	25.6087  GBP
12.5p ordinary	SWAP	Increasing Long	1,929	25.6198  GBP
12.5p ordinary	SWAP	Increasing Long	2,134	25.6165  GBP
12.5p ordinary	SWAP	Increasing Short	6	25.5233  GBP
12.5p ordinary	SWAP	Increasing Short	12	25.5383  GBP
12.5p ordinary	SWAP	Increasing Short	18	25.5400  GBP
12.5p ordinary	SWAP	Increasing Short	18	25.5800  GBP
12.5p ordinary	SWAP	Increasing Short	366	25.5708  GBP
12.5p ordinary	SWAP	Increasing Short	709	25.6034  GBP
12.5p ordinary	CFD	Increasing Short	720	25.5988  GBP
12.5p ordinary	SWAP	Increasing Short	916	25.5713  GBP
12.5p ordinary	SWAP	Increasing Short	1,080	25.5753  GBP
12.5p ordinary	SWAP	Increasing Short	1,593	25.6200  GBP
12.5p ordinary	SWAP	Increasing Short	2,766	25.5593  GBP
12.5p ordinary	CFD	Increasing Short	4,364	25.6200  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:				21 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END