Form 8.5 (EPT/NON-RI)BELLWAY PLC

Barclays PLC
24 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:

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:

 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:

1,109,172

0.93%

229,847

0.19%

(2) Cash-settled derivatives:

189,659

0.16%

1,050,521

0.88%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

1,298,831

1.09%

1,280,368

1.08%

 








(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

96053

25.6800  GBP

25.3600  GBP

12.5p ordinary

Sale

150088

25.7200  GBP

25.4962  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

Closing Long

1

25.6800  GBP

12.5p ordinary

SWAP

Closing Long

29

25.6220  GBP

12.5p ordinary

SWAP

Closing Long

2,034

25.5667  GBP

12.5p ordinary

SWAP

Closing Long

9,577

25.6600  GBP

12.5p ordinary

SWAP

Closing Long

18,843

25.6588  GBP

12.5p ordinary

SWAP

Closing Short

229

25.6600  GBP

12.5p ordinary

SWAP

Closing Short

232

25.6059  GBP

12.5p ordinary

SWAP

Decreasing Long

67

25.5496  GBP

12.5p ordinary

SWAP

Decreasing Long

281

25.6501  GBP

12.5p ordinary

SWAP

Decreasing Long

312

25.5523  GBP

12.5p ordinary

SWAP

Decreasing Long

347

25.4762  GBP

12.5p ordinary

SWAP

Decreasing Long

420

25.5543  GBP

12.5p ordinary

SWAP

Decreasing Long

592

25.6334  GBP

12.5p ordinary

SWAP

Decreasing Long

686

25.5847  GBP

12.5p ordinary

SWAP

Decreasing Long

1,058

25.5922  GBP

12.5p ordinary

SWAP

Decreasing Long

4,416

25.5485  GBP

12.5p ordinary

SWAP

Decreasing Long

14,139

25.6601  GBP

12.5p ordinary

SWAP

Decreasing Short

66

25.6058  GBP

12.5p ordinary

SWAP

Decreasing Short

268

25.4962  GBP

12.5p ordinary

SWAP

Decreasing Short

1,240

25.5049  GBP

12.5p ordinary

CFD

Decreasing Short

1,749

25.6423  GBP

12.5p ordinary

SWAP

Decreasing Short

2,884

25.5901  GBP

12.5p ordinary

SWAP

Decreasing Short

3,701

25.6800  GBP

12.5p ordinary

CFD

Decreasing Short

3,886

25.5994  GBP

12.5p ordinary

SWAP

Decreasing Short

5,029

25.6429  GBP

12.5p ordinary

CFD

Decreasing Short

6,394

25.6579  GBP

12.5p ordinary

SWAP

Decreasing Short

6,796

25.6598  GBP

12.5p ordinary

SWAP

Decreasing Short

53,803

25.6600  GBP

12.5p ordinary

SWAP

Increasing Long

13

25.5598  GBP

12.5p ordinary

SWAP

Increasing Long

115

25.6198  GBP

12.5p ordinary

SWAP

Increasing Long

253

25.6598  GBP

12.5p ordinary

SWAP

Increasing Long

384

25.6566  GBP

12.5p ordinary

SWAP

Increasing Long

384

25.5666  GBP

12.5p ordinary

SWAP

Increasing Long

444

25.6197  GBP

12.5p ordinary

SWAP

Increasing Long

495

25.6554  GBP

12.5p ordinary

SWAP

Increasing Long

672

25.5733  GBP

12.5p ordinary

SWAP

Increasing Long

758

25.5921  GBP

12.5p ordinary

SWAP

Increasing Long

960

25.6281  GBP

12.5p ordinary

SWAP

Increasing Short

45

25.5400  GBP

12.5p ordinary

SWAP

Increasing Short

454

25.4715  GBP

12.5p ordinary

SWAP

Increasing Short

702

25.6568  GBP

12.5p ordinary

SWAP

Increasing Short

1,392

25.5219  GBP

12.5p ordinary

SWAP

Increasing Short

1,404

25.6646  GBP

12.5p ordinary

CFD

Increasing Short

1,638

25.3620  GBP

12.5p ordinary

CFD

Increasing Short

3,886

25.6600  GBP

12.5p ordinary

SWAP

Increasing Short

5,426

25.3600  GBP

12.5p ordinary

SWAP

Opening Short

1,600

25.6284  GBP

12.5p ordinary

SWAP

Opening Short

2,400

25.6664  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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100