Form 8.5 (EPT/NON-RI) - Bellway plc

Barclays PLC
30 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:

29 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:

1,036,722

0.87%

210,295

0.18%

(2) Cash-settled derivatives:

165,291

0.14%

971,042

0.82%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

1,202,013

1.01%

1,181,337

0.99%

 








(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

39016

28.5600  GBP

28.3200  GBP

12.5p ordinary

Sale

42245

28.5628  GBP

28.3200  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

950

28.3557  GBP

12.5p ordinary

CFD

Decreasing Short

237

28.4283  GBP

12.5p ordinary

CFD

Decreasing Short

2,697

28.4800  GBP

12.5p ordinary

CFD

Increasing Short

77

28.4262  GBP

12.5p ordinary

CFD

Increasing Short

1,346

28.4932  GBP

12.5p ordinary

CFD

Increasing Short

3,647

28.4954  GBP

12.5p ordinary

SWAP

Decreasing Short

200

28.5142  GBP

12.5p ordinary

SWAP

Opening Long

1,168

28.4686  GBP

12.5p ordinary

SWAP

Decreasing Long

106

28.5137  GBP

12.5p ordinary

SWAP

Decreasing Short

57

28.3600  GBP

12.5p ordinary

SWAP

Decreasing Short

3,093

28.4800  GBP

12.5p ordinary

SWAP

Decreasing Short

107

28.5000  GBP

12.5p ordinary

SWAP

Increasing Short

33

28.2600  GBP

12.5p ordinary

SWAP

Increasing Short

4,679

28.4416  GBP

12.5p ordinary

SWAP

Increasing Short

980

28.4870  GBP

12.5p ordinary

SWAP

Increasing Short

217

28.5600  GBP

12.5p ordinary

SWAP

Increasing Long

223

28.3556  GBP

12.5p ordinary

SWAP

Increasing Long

117

28.3595  GBP

12.5p ordinary

SWAP

Increasing Long

150

28.4059  GBP

12.5p ordinary

SWAP

Increasing Long

1,477

28.4153  GBP

12.5p ordinary

SWAP

Increasing Long

24

28.4597  GBP

12.5p ordinary

SWAP

Increasing Long

9,144

28.4797  GBP

12.5p ordinary

SWAP

Increasing Long

266

28.4805  GBP

12.5p ordinary

SWAP

Decreasing Long

1,652

28.4802  GBP

12.5p ordinary

SWAP

Decreasing Long

869

28.5132  GBP

12.5p ordinary

SWAP

Decreasing Long

706

28.5133  GBP

12.5p ordinary

SWAP

Decreasing Long

52

28.5205  GBP

12.5p ordinary

SWAP

Decreasing Long

529

28.5587  GBP

12.5p ordinary

SWAP

Decreasing Short

28

28.4798  GBP

12.5p ordinary

SWAP

Decreasing Short

1,527

28.4749  GBP

12.5p ordinary

SWAP

Decreasing Short

14

28.4200  GBP

12.5p ordinary

SWAP

Decreasing Short

18

28.4800  GBP

12.5p ordinary

SWAP

Increasing Short

589

28.4800  GBP

12.5p ordinary

SWAP

Increasing Short

785

28.4901  GBP

12.5p ordinary

SWAP

Increasing Short

800

28.5131  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:

30 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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