Form 8.5 (EPT/NON-RI)BELLWAY PLC

Barclays PLC

26 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:			25 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:				1,087,132	0.91%	226,395	0.19%
(2) Cash-settled derivatives:				184,333	0.15%	1,029,551	0.87%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,271,465	1.07%	1,255,946	1.06%
(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	22426	25.6891  GBP	25.5174  GBP
12.5p ordinary	Sale	33819	25.6926  GBP	25.5065  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	7	25.5400  GBP
12.5p ordinary	SWAP	Decreasing Long	33	25.6002  GBP
12.5p ordinary	SWAP	Decreasing Long	78	25.6193  GBP
12.5p ordinary	SWAP	Decreasing Long	81	25.6032  GBP
12.5p ordinary	SWAP	Decreasing Long	114	25.6817  GBP
12.5p ordinary	SWAP	Decreasing Long	232	25.6184  GBP
12.5p ordinary	SWAP	Decreasing Long	312	25.5660  GBP
12.5p ordinary	SWAP	Decreasing Long	960	25.6809  GBP
12.5p ordinary	SWAP	Decreasing Long	1,535	25.6132  GBP
12.5p ordinary	SWAP	Decreasing Long	2,204	25.6496  GBP
12.5p ordinary	SWAP	Decreasing Long	3,717	25.6322  GBP
12.5p ordinary	SWAP	Decreasing Long	4,057	25.6358  GBP
12.5p ordinary	SWAP	Decreasing Short	2	25.6379  GBP
12.5p ordinary	SWAP	Decreasing Short	17	25.6200  GBP
12.5p ordinary	CFD	Decreasing Short	27	25.7785  GBP
12.5p ordinary	SWAP	Decreasing Short	61	25.6600  GBP
12.5p ordinary	SWAP	Decreasing Short	71	25.6000  GBP
12.5p ordinary	CFD	Decreasing Short	430	25.5677  GBP
12.5p ordinary	SWAP	Decreasing Short	897	25.6400  GBP
12.5p ordinary	CFD	Decreasing Short	1,700	25.6926  GBP
12.5p ordinary	SWAP	Decreasing Short	4,450	25.6550  GBP
12.5p ordinary	SWAP	Decreasing Short	4,756	25.6176  GBP
12.5p ordinary	SWAP	Increasing Long	2	25.6698  GBP
12.5p ordinary	SWAP	Increasing Long	8	25.6372  GBP
12.5p ordinary	SWAP	Increasing Long	170	25.6692  GBP
12.5p ordinary	SWAP	Increasing Long	441	25.6394  GBP
12.5p ordinary	SWAP	Increasing Long	977	25.6645  GBP
12.5p ordinary	SWAP	Increasing Long	1,036	25.6207  GBP
12.5p ordinary	SWAP	Increasing Long	1,087	25.6526  GBP
12.5p ordinary	SWAP	Increasing Long	1,873	25.6449  GBP
12.5p ordinary	SWAP	Increasing Long	6,479	25.6398  GBP
12.5p ordinary	SWAP	Increasing Short	1	25.4600  GBP
12.5p ordinary	SWAP	Increasing Short	150	25.6225  GBP
12.5p ordinary	SWAP	Increasing Short	197	25.5531  GBP
12.5p ordinary	CFD	Increasing Short	260	25.6207  GBP
12.5p ordinary	CFD	Increasing Short	427	25.6350  GBP
12.5p ordinary	SWAP	Increasing Short	1,024	25.6400  GBP
12.5p ordinary	CFD	Increasing Short	1,700	25.6400  GBP
12.5p ordinary	SWAP	Opening Long	807	25.6400  GBP
12.5p ordinary	SWAP	Opening Long	1,839	25.6326  GBP
12.5p ordinary	SWAP	Opening Short	6	25.5600  GBP
12.5p ordinary	SWAP	Opening Short	1,988	25.6400  GBP
12.5p ordinary	SWAP	Opening Short	2,133	25.6412  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:				26 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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