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

Barclays PLC
28 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:

27 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:

1,075,747

0.90%

213,645

0.18%

(2) Cash-settled derivatives:

170,665

0.14%

1,019,492

0.86%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

1,246,412

1.05%

1,233,137

1.04%

 








(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

23433

25.7000  GBP

25.4400  GBP

12.5p ordinary

Sale

28344

25.7000  GBP

25.4400  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

104

25.5163  GBP

12.5p ordinary

SWAP

Decreasing Long

118

25.5601  GBP

12.5p ordinary

SWAP

Decreasing Long

167

25.4400  GBP

12.5p ordinary

SWAP

Decreasing Long

167

25.5943  GBP

12.5p ordinary

SWAP

Decreasing Long

203

25.5587  GBP

12.5p ordinary

SWAP

Decreasing Long

281

25.4868  GBP

12.5p ordinary

SWAP

Decreasing Long

309

25.5931  GBP

12.5p ordinary

SWAP

Decreasing Long

3,243

25.4401  GBP

12.5p ordinary

SWAP

Decreasing Short

11

25.4779  GBP

12.5p ordinary

SWAP

Decreasing Short

166

25.4800  GBP

12.5p ordinary

SWAP

Decreasing Short

235

25.5805  GBP

12.5p ordinary

SWAP

Decreasing Short

435

25.6150  GBP

12.5p ordinary

CFD

Decreasing Short

571

25.5778  GBP

12.5p ordinary

CFD

Decreasing Short

1,241

25.4501  GBP

12.5p ordinary

SWAP

Decreasing Short

1,961

25.4744  GBP

12.5p ordinary

CFD

Decreasing Short

3,190

25.4400  GBP

12.5p ordinary

SWAP

Decreasing Short

4,093

25.4400  GBP

12.5p ordinary

CFD

Decreasing Short

4,831

25.5586  GBP

12.5p ordinary

SWAP

Increasing Long

83

25.5600  GBP

12.5p ordinary

SWAP

Increasing Long

262

25.5361  GBP

12.5p ordinary

SWAP

Increasing Long

3,753

25.4400  GBP

12.5p ordinary

SWAP

Increasing Short

100

25.5200  GBP

12.5p ordinary

CFD

Increasing Short

124

25.4450  GBP

12.5p ordinary

CFD

Increasing Short

423

25.6615  GBP

12.5p ordinary

SWAP

Increasing Short

426

25.5692  GBP

12.5p ordinary

CFD

Increasing Short

756

25.4420  GBP

12.5p ordinary

CFD

Increasing Short

1,863

25.5339  GBP

12.5p ordinary

CFD

Increasing Short

3,190

25.4831  GBP

12.5p ordinary

CFD

Increasing Short

4,831

25.5586  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:

28 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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