Form 8.5 (EPT/NON-RI) BELLWAY PLC

Barclays PLC
26 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:

25 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:

1,032,396

0.87%

196,536

0.17%

(2) Cash-settled derivatives:

144,746

0.12%

961,794

0.81%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

1,177,142

0.99%

1,158,330

0.97%

 








(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

34219

27.5614  GBP

26.7000  GBP

12.5p ordinary

Sale

26706

27.5600  GBP

26.7271  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

1,116

26.7271  GBP

12.5p ordinary

CFD

Decreasing Short

41

27.3648  GBP

12.5p ordinary

CFD

Decreasing Short

1,745

27.5600  GBP

12.5p ordinary

CFD

Increasing Short

1,367

26.7872  GBP

12.5p ordinary

CFD

Increasing Short

394

27.4451  GBP

12.5p ordinary

CFD

Increasing Short

2,861

27.5614  GBP

12.5p ordinary

SWAP

Decreasing Short

13

26.7197  GBP

12.5p ordinary

SWAP

Increasing Short

76

26.9252  GBP

12.5p ordinary

SWAP

Increasing Short

9

27.3111  GBP

12.5p ordinary

SWAP

Increasing Short

979

27.5613  GBP

12.5p ordinary

SWAP

Opening Long

1,381

27.1592  GBP

12.5p ordinary

SWAP

Opening Short

5,596

27.0097  GBP

12.5p ordinary

SWAP

Increasing Short

650

27.2976  GBP

12.5p ordinary

SWAP

Increasing Short

731

27.5600  GBP

12.5p ordinary

SWAP

Increasing Long

2,494

27.5558  GBP

12.5p ordinary

SWAP

Decreasing Short

18

26.7800  GBP

12.5p ordinary

SWAP

Decreasing Short

1,240

27.0832  GBP

12.5p ordinary

SWAP

Decreasing Short

91

27.2400  GBP

12.5p ordinary

SWAP

Decreasing Short

2,143

27.5600  GBP

12.5p ordinary

SWAP

Increasing Short

22

26.9200  GBP

12.5p ordinary

SWAP

Increasing Short

74

27.0529  GBP

12.5p ordinary

SWAP

Increasing Short

1,380

27.1513  GBP

12.5p ordinary

SWAP

Increasing Short

1,066

27.5584  GBP

12.5p ordinary

SWAP

Increasing Long

58

26.8397  GBP

12.5p ordinary

SWAP

Increasing Long

96

27.1697  GBP

12.5p ordinary

SWAP

Increasing Long

275

27.2235  GBP

12.5p ordinary

SWAP

Increasing Long

414

27.5194  GBP

12.5p ordinary

SWAP

Increasing Long

204

27.5397  GBP

12.5p ordinary

SWAP

Decreasing Long

284

26.8660  GBP

12.5p ordinary

SWAP

Decreasing Long

59

26.8965  GBP

12.5p ordinary

SWAP

Decreasing Long

271

27.0736  GBP

12.5p ordinary

SWAP

Decreasing Long

153

27.1002  GBP

12.5p ordinary

SWAP

Decreasing Long

147

27.1955  GBP

12.5p ordinary

SWAP

Decreasing Long

98

27.2504  GBP

12.5p ordinary

SWAP

Decreasing Long

3,778

27.2880  GBP

12.5p ordinary

SWAP

Decreasing Long

775

27.3713  GBP

12.5p ordinary

SWAP

Decreasing Long

160

27.3847  GBP

12.5p ordinary

SWAP

Decreasing Long

827

27.5602  GBP

12.5p ordinary

SWAP

Decreasing Long

395

26.9819  GBP

12.5p ordinary

SWAP

Decreasing Long

902

27.1278  GBP

12.5p ordinary

SWAP

Decreasing Long

28

27.1876  GBP

12.5p ordinary

SWAP

Decreasing Long

841

27.3004  GBP

12.5p ordinary

SWAP

Decreasing Long

419

27.3302  GBP

12.5p ordinary

SWAP

Increasing Long

1,750

27.4566  GBP

12.5p ordinary

SWAP

Increasing Long

150

27.4794  GBP

12.5p ordinary

SWAP

Increasing Long

900

27.5084  GBP

12.5p ordinary

SWAP

Increasing Long

850

27.5158  GBP

12.5p ordinary

SWAP

Increasing Long

682

27.5271  GBP

12.5p ordinary

SWAP

Increasing Long

4,953

27.5594  GBP

12.5p ordinary

SWAP

Increasing Short

1,653

27.2218  GBP

12.5p ordinary

SWAP

Increasing Short

832

27.5600  GBP

12.5p ordinary

SWAP

Increasing Short

1,236

27.3302  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:

26 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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