Form 8.5 (EPT/NON-RI) BELLWAY PLC

Barclays PLC

08 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:			05 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:				1,046,253	0.88%	269,477	0.23%
(2) Cash-settled derivatives:				211,520	0.18%	969,451	0.81%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,257,773	1.06%	1,238,928	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	76917	27.4000  GBP	26.8109  GBP
12.5p ordinary	Sale	61589	27.4016  GBP	26.8605  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	358	26.9372  GBP
12.5p ordinary	CFD	Decreasing Short	5,423	26.9978  GBP
12.5p ordinary	CFD	Decreasing Short	3,202	27.0246  GBP
12.5p ordinary	CFD	Decreasing Short	643	27.2983  GBP
12.5p ordinary	CFD	Increasing Short	1,270	26.9655  GBP
12.5p ordinary	CFD	Increasing Short	4,874	27.0987  GBP
12.5p ordinary	SWAP	Decreasing Short	2,364	27.0000  GBP
12.5p ordinary	SWAP	Decreasing Short	190	27.0800  GBP
12.5p ordinary	SWAP	Decreasing Short	7,088	27.4016  GBP
12.5p ordinary	SWAP	Increasing Short	1	25.9400  GBP
12.5p ordinary	SWAP	Increasing Short	13,259	27.2141  GBP
12.5p ordinary	SWAP	Increasing Short	22	27.2800  GBP
12.5p ordinary	SWAP	Increasing Short	181	27.3200  GBP
12.5p ordinary	SWAP	Increasing Short	110	27.4000  GBP
12.5p ordinary	SWAP	Increasing Long	49	26.9597  GBP
12.5p ordinary	SWAP	Increasing Long	203	26.9997  GBP
12.5p ordinary	SWAP	Increasing Long	342	27.1033  GBP
12.5p ordinary	SWAP	Increasing Long	2,142	27.1106  GBP
12.5p ordinary	SWAP	Increasing Long	1,148	27.1452  GBP
12.5p ordinary	SWAP	Increasing Long	564	27.2016  GBP
12.5p ordinary	SWAP	Increasing Long	724	27.2232  GBP
12.5p ordinary	SWAP	Increasing Long	349	27.3394  GBP
12.5p ordinary	SWAP	Decreasing Long	37	26.9570  GBP
12.5p ordinary	SWAP	Decreasing Long	216	26.9987  GBP
12.5p ordinary	SWAP	Decreasing Long	218	27.0362  GBP
12.5p ordinary	SWAP	Decreasing Long	268	27.0376  GBP
12.5p ordinary	SWAP	Decreasing Long	125	27.0402  GBP
12.5p ordinary	SWAP	Decreasing Long	660	27.0770  GBP
12.5p ordinary	SWAP	Decreasing Long	1,201	27.1494  GBP
12.5p ordinary	SWAP	Decreasing Long	893	27.2770  GBP
12.5p ordinary	SWAP	Decreasing Short	3,830	27.0789  GBP
12.5p ordinary	SWAP	Decreasing Long	5,020	26.9990  GBP
12.5p ordinary	SWAP	Decreasing Long	774	27.0005  GBP
12.5p ordinary	SWAP	Decreasing Short	3,809	27.0059  GBP
12.5p ordinary	SWAP	Increasing Long	235	27.0000  GBP
12.5p ordinary	SWAP	Decreasing Long	4,550	27.1343  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:				08 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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