Form 8.5 (EPT/NON-RI) BELLWAY PLC

Barclays PLC

17 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:			16 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:				1,065,958	0.90%	210,096	0.18%
(2) Cash-settled derivatives:				158,527	0.13%	998,502	0.84%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,224,485	1.03%	1,208,598	1.02%
(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	92525	27.3002  GBP	26.6550  GBP
12.5p ordinary	Sale	104955	27.3013  GBP	26.7300  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	90	26.8992  GBP
12.5p ordinary	CFD	Decreasing Short	2,121	27.0370  GBP
12.5p ordinary	CFD	Decreasing Short	379	27.1611  GBP
12.5p ordinary	CFD	Decreasing Short	121	27.2975  GBP
12.5p ordinary	CFD	Decreasing Short	5,904	27.2978  GBP
12.5p ordinary	CFD	Decreasing Short	2,555	27.3000  GBP
12.5p ordinary	CFD	Increasing Short	1,652	26.6550  GBP
12.5p ordinary	SWAP	Increasing Short	463	27.0275  GBP
12.5p ordinary	SWAP	Opening Long	1,659	27.3000  GBP
12.5p ordinary	SWAP	Closing Long	627	27.3013  GBP
12.5p ordinary	SWAP	Decreasing Short	130	26.8400  GBP
12.5p ordinary	SWAP	Decreasing Short	5,895	26.9124  GBP
12.5p ordinary	SWAP	Decreasing Short	150	26.9400  GBP
12.5p ordinary	SWAP	Decreasing Short	1,663	26.9487  GBP
12.5p ordinary	SWAP	Decreasing Short	799	27.2509  GBP
12.5p ordinary	SWAP	Decreasing Short	197	27.3000  GBP
12.5p ordinary	SWAP	Increasing Short	1	26.5400  GBP
12.5p ordinary	SWAP	Increasing Short	1,412	27.0344  GBP
12.5p ordinary	SWAP	Increasing Long	197	26.7816  GBP
12.5p ordinary	SWAP	Increasing Long	147	26.7961  GBP
12.5p ordinary	SWAP	Increasing Long	24	26.8256  GBP
12.5p ordinary	SWAP	Increasing Long	27	26.8272  GBP
12.5p ordinary	SWAP	Increasing Long	31	26.8494  GBP
12.5p ordinary	SWAP	Increasing Long	107	26.8638  GBP
12.5p ordinary	SWAP	Increasing Long	881	26.8653  GBP
12.5p ordinary	SWAP	Increasing Long	1,888	27.1220  GBP
12.5p ordinary	SWAP	Decreasing Long	492	27.0540  GBP
12.5p ordinary	SWAP	Decreasing Long	1,513	27.0580  GBP
12.5p ordinary	SWAP	Decreasing Long	423	27.0648  GBP
12.5p ordinary	SWAP	Decreasing Long	1,780	27.0771  GBP
12.5p ordinary	SWAP	Decreasing Long	56	27.1002  GBP
12.5p ordinary	SWAP	Decreasing Long	310	27.1340  GBP
12.5p ordinary	SWAP	Decreasing Long	87	27.1411  GBP
12.5p ordinary	SWAP	Decreasing Long	1,222	27.1564  GBP
12.5p ordinary	SWAP	Decreasing Long	2,926	27.3002  GBP
12.5p ordinary	SWAP	Increasing Long	346	27.2190  GBP
12.5p ordinary	SWAP	Increasing Long	276	27.2219  GBP
12.5p ordinary	SWAP	Decreasing Short	876	27.1772  GBP
12.5p ordinary	SWAP	Increasing Short	356	27.2074  GBP
12.5p ordinary	SWAP	Decreasing Short	178	26.8000  GBP
12.5p ordinary	SWAP	Decreasing Short	222	26.8455  GBP
12.5p ordinary	SWAP	Decreasing Short	179	27.3000  GBP
12.5p ordinary	SWAP	Increasing Short	1,856	26.9399  GBP
12.5p ordinary	SWAP	Increasing Short	1,227	26.9758  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:				17 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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