Form 8.5 (EPT/NON-RI) BELLWAY PLC

Barclays PLC
02 July 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:

01 Jul 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:

1,075,455

0.90%

207,976

0.17%

(2) Cash-settled derivatives:

163,402

0.14%

1,024,644

0.86%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

1,238,857

1.04%

1,232,620

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

39777

25.7649  GBP

25.4000  GBP

12.5p ordinary

Sale

29198

25.8000  GBP

25.3989  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

CFD

Decreasing Short

884

25.6565  GBP

12.5p ordinary

CFD

Decreasing Short

1,674

25.6822  GBP

12.5p ordinary

CFD

Increasing Short

240

25.4000  GBP

12.5p ordinary

CFD

Increasing Short

2,444

25.4020  GBP

12.5p ordinary

CFD

Increasing Short

2,316

25.4022  GBP

12.5p ordinary

CFD

Increasing Short

1,834

25.6427  GBP

12.5p ordinary

CFD

Increasing Short

644

25.6566  GBP

12.5p ordinary

CFD

Increasing Short

376

25.6615  GBP

12.5p ordinary

SWAP

Increasing Short

62

25.7599  GBP

12.5p ordinary

SWAP

Opening Long

2,882

25.4000  GBP

12.5p ordinary

SWAP

Decreasing Long

1,495

25.4012  GBP

12.5p ordinary

SWAP

Closing Long

2

25.6000  GBP

12.5p ordinary

SWAP

Decreasing Short

476

25.4000  GBP

12.5p ordinary

SWAP

Decreasing Short

130

25.6400  GBP

12.5p ordinary

SWAP

Decreasing Short

3,205

25.6496  GBP

12.5p ordinary

SWAP

Decreasing Short

206

25.7100  GBP

12.5p ordinary

SWAP

Increasing Short

1

24.8000  GBP

12.5p ordinary

SWAP

Increasing Short

918

25.4000  GBP

12.5p ordinary

SWAP

Increasing Short

269

25.6974  GBP

12.5p ordinary

SWAP

Increasing Short

23

25.7000  GBP

12.5p ordinary

SWAP

Increasing Long

24

25.3998  GBP

12.5p ordinary

SWAP

Increasing Long

214

25.6154  GBP

12.5p ordinary

SWAP

Increasing Long

824

25.6164  GBP

12.5p ordinary

SWAP

Increasing Long

1,186

25.6193  GBP

12.5p ordinary

SWAP

Increasing Long

204

25.6249  GBP

12.5p ordinary

SWAP

Decreasing Long

6,268

25.4001  GBP

12.5p ordinary

SWAP

Decreasing Long

273

25.6838  GBP

12.5p ordinary

SWAP

Decreasing Long

894

25.6933  GBP

12.5p ordinary

SWAP

Decreasing Long

226

25.7201  GBP

12.5p ordinary

SWAP

Decreasing Long

151

25.7487  GBP

12.5p ordinary

SWAP

Decreasing Long

1,591

25.7488  GBP

12.5p ordinary

SWAP

Decreasing Long

190

25.7719  GBP

12.5p ordinary

SWAP

Increasing Long

26

25.3989  GBP

12.5p ordinary

SWAP

Increasing Long

98

25.6822  GBP

12.5p ordinary

SWAP

Increasing Long

117

25.6888  GBP

12.5p ordinary

SWAP

Decreasing Long

1,615

25.4073  GBP

12.5p ordinary

SWAP

Decreasing Long

8

25.5410  GBP

12.5p ordinary

SWAP

Decreasing Long

90

25.5608  GBP

12.5p ordinary

SWAP

Decreasing Long

425

25.5744  GBP

12.5p ordinary

SWAP

Decreasing Long

332

25.5808  GBP

12.5p ordinary

SWAP

Decreasing Long

186

25.5849  GBP

12.5p ordinary

SWAP

Opening Long

1,403

25.3994  GBP

12.5p ordinary

SWAP

Increasing Long

38

25.5168  GBP

12.5p ordinary

SWAP

Decreasing Short

2,424

25.5281  GBP

12.5p ordinary

SWAP

Increasing Short

4,677

25.7611  GBP

12.5p ordinary

SWAP

Increasing Long

968

25.6570  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:

02 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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