Form 8.5 (EPT/NON-RI) BELLWAY PLC

Barclays PLC

24 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:			23 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:				1,019,564	0.86%	244,944	0.21%
(2) Cash-settled derivatives:				164,391	0.14%	944,959	0.79%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,183,955	1.00%	1,189,903	1.00%
(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	36166	27.2405  GBP	26.8400  GBP
12.5p ordinary	Sale	47927	27.2400  GBP	26.8000  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	1,948	26.9257  GBP
12.5p ordinary	CFD	Decreasing Short	44	27.1650  GBP
12.5p ordinary	CFD	Decreasing Short	6,807	27.2378  GBP
12.5p ordinary	CFD	Increasing Short	302	27.0216  GBP
12.5p ordinary	CFD	Increasing Short	637	27.0442  GBP
12.5p ordinary	CFD	Increasing Short	559	27.0580  GBP
12.5p ordinary	CFD	Increasing Short	1,311	27.2400  GBP
12.5p ordinary	SWAP	Decreasing Short	74	26.9400  GBP
12.5p ordinary	SWAP	Decreasing Short	3	27.0133  GBP
12.5p ordinary	SWAP	Increasing Long	99	27.2359  GBP
12.5p ordinary	SWAP	Decreasing Short	1,048	26.9686  GBP
12.5p ordinary	SWAP	Decreasing Short	6,176	27.2367  GBP
12.5p ordinary	SWAP	Decreasing Short	1,488	27.2400  GBP
12.5p ordinary	SWAP	Increasing Short	224	26.8614  GBP
12.5p ordinary	SWAP	Increasing Short	3	26.9200  GBP
12.5p ordinary	SWAP	Increasing Short	78	26.9964  GBP
12.5p ordinary	SWAP	Increasing Long	152	26.9576  GBP
12.5p ordinary	SWAP	Increasing Long	823	27.2397  GBP
12.5p ordinary	SWAP	Decreasing Long	229	26.8902  GBP
12.5p ordinary	SWAP	Decreasing Long	687	26.9498  GBP
12.5p ordinary	SWAP	Decreasing Long	2	26.9602  GBP
12.5p ordinary	SWAP	Decreasing Long	282	26.9620  GBP
12.5p ordinary	SWAP	Decreasing Long	435	26.9676  GBP
12.5p ordinary	SWAP	Decreasing Long	6	26.9702  GBP
12.5p ordinary	SWAP	Decreasing Long	42	27.0587  GBP
12.5p ordinary	SWAP	Decreasing Long	2,172	27.2402  GBP
12.5p ordinary	SWAP	Increasing Long	79	26.8790  GBP
12.5p ordinary	SWAP	Increasing Long	101	26.8848  GBP
12.5p ordinary	SWAP	Increasing Long	79	26.9190  GBP
12.5p ordinary	SWAP	Decreasing Long	2,193	27.2405  GBP
12.5p ordinary	SWAP	Decreasing Short	125	26.9000  GBP
12.5p ordinary	SWAP	Decreasing Short	2,223	27.2400  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:				24 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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