Form 8.5 (EPT/NON-RI) BELLWAY PLC

Barclays PLC
09 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:

08 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:

1,047,049

0.88%

279,604

0.24%

(2) Cash-settled derivatives:

222,169

0.19%

973,535

0.82%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

1,269,218

1.07%

1,253,139

1.05%

 








(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

61389

26.8800  GBP

26.6400  GBP

12.5p ordinary

Sale

70720

27.1155  GBP

26.6400  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

80

26.7176  GBP

12.5p ordinary

CFD

Decreasing Short

4,376

26.8216  GBP

12.5p ordinary

CFD

Decreasing Short

216

27.1155  GBP

12.5p ordinary

CFD

Increasing Short

3,712

26.6629  GBP

12.5p ordinary

CFD

Increasing Short

151

26.6807  GBP

12.5p ordinary

CFD

Increasing Short

2,704

26.7200  GBP

12.5p ordinary

SWAP

Opening Short

12

26.7133  GBP

12.5p ordinary

SWAP

Increasing Short

91

26.7213  GBP

12.5p ordinary

SWAP

Increasing Short

20

26.7200  GBP

12.5p ordinary

SWAP

Decreasing Short

59

26.7389  GBP

12.5p ordinary

SWAP

Decreasing Short

1,460

26.7751  GBP

12.5p ordinary

SWAP

Increasing Short

321

26.7068  GBP

12.5p ordinary

SWAP

Increasing Short

324

26.7200  GBP

12.5p ordinary

SWAP

Increasing Short

4,602

26.7632  GBP

12.5p ordinary

SWAP

Increasing Short

253

26.7794  GBP

12.5p ordinary

SWAP

Increasing Short

20

26.8000  GBP

12.5p ordinary

SWAP

Increasing Long

432

26.6901  GBP

12.5p ordinary

SWAP

Increasing Long

432

26.6951  GBP

12.5p ordinary

SWAP

Increasing Long

1,405

26.6979  GBP

12.5p ordinary

SWAP

Increasing Long

25

26.7006  GBP

12.5p ordinary

SWAP

Increasing Long

8,084

26.7198  GBP

12.5p ordinary

SWAP

Increasing Long

2,384

26.8508  GBP

12.5p ordinary

SWAP

Decreasing Long

33

26.7040  GBP

12.5p ordinary

SWAP

Decreasing Long

170

26.7405  GBP

12.5p ordinary

SWAP

Decreasing Long

419

26.7431  GBP

12.5p ordinary

SWAP

Decreasing Long

1,538

26.7665  GBP

12.5p ordinary

SWAP

Decreasing Long

148

26.7707  GBP

12.5p ordinary

SWAP

Increasing Long

1,385

26.7014  GBP

12.5p ordinary

SWAP

Increasing Long

583

26.7048  GBP

12.5p ordinary

SWAP

Increasing Long

1,464

26.7939  GBP

12.5p ordinary

SWAP

Increasing Long

73

27.0860  GBP

12.5p ordinary

SWAP

Decreasing Short

3,853

26.7238  GBP

12.5p ordinary

SWAP

Increasing Short

24

26.8346  GBP

12.5p ordinary

SWAP

Decreasing Long

1,933

26.7920  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:

09 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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