Form 8.5 (EPT/NON-RI) - Crest Nicholson Hold Plc

Barclays PLC

14 August 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				CREST NICHOLSON HOLDINGS PLC
	relevant securities this form relates:
(c)	Name of the party to the offer with which exempt				CREST NICHOLSON HOLDINGS PLC
	principal trader is connected
(d)	Date position held/dealing undertaken:				13 Aug 2024
(e)	In addition to the company in 1(b) above, is the exempt principal				YES:
	trader making disclosures in respect of any other party to the offer?				BELLWAY 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:				5p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			2,343,363	0.91%	2,959,768	1.15%
(2)	Cash-settled derivatives:
	and/or controlled:			2,818,904	1.10%	1,916,480	0.75%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			5,162,267	2.01%	4,876,248	1.90%
(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)	Purchases and sales
Class of relevant		Purchase/sale		Total number of		Highest price per unit	Lowest price per unit
security				securities		paid/received	paid/received
5p ordinary		Purchase		2,119,801		2.6044  GBP	2.0840  GBP
5p ordinary		Sale		933,956		2.6379  GBP	2.0840  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
5p ordinary		SWAP		Opening Long		5,087	2.2174  GBP
5p ordinary		SWAP		Increasing Long		34,737	2.1814  GBP
5p ordinary		SWAP		Decreasing Long		12,164	2.0880  GBP
5p ordinary		CFD		Increasing Long		373	2.1910  GBP
5p ordinary		CFD		Increasing Long		7,430	2.2344  GBP
5p ordinary		CFD		Decreasing Long		7,254	2.3131  GBP
5p ordinary		CFD		Decreasing Long		31	2.3603  GBP
5p ordinary		SWAP		Decreasing Short		1,851	2.2782  GBP
5p ordinary		SWAP		Decreasing Short		316	2.1284  GBP
5p ordinary		SWAP		Decreasing Short		38,989	2.1606  GBP
5p ordinary		SWAP		Increasing Short		20,288	2.0880  GBP
5p ordinary		SWAP		Increasing Short		7	2.0957  GBP
5p ordinary		SWAP		Increasing Short		350,952	2.2289  GBP
5p ordinary		SWAP		Increasing Short		34,958	2.3154  GBP
5p ordinary		SWAP		Increasing Long		6,399	2.1134  GBP
5p ordinary		SWAP		Increasing Long		90,032	2.1328  GBP
5p ordinary		SWAP		Increasing Long		55,911	2.1788  GBP
5p ordinary		SWAP		Increasing Long		34,705	2.1809  GBP
5p ordinary		SWAP		Increasing Long		181	2.6260  GBP
5p ordinary		SWAP		Decreasing Long		39,670	2.0880  GBP
5p ordinary		SWAP		Decreasing Long		5,746	2.1996  GBP
5p ordinary		SWAP		Decreasing Long		300,000	2.2168  GBP
5p ordinary		SWAP		Decreasing Long		9,834	2.2375  GBP
5p ordinary		SWAP		Increasing Long		12,771	2.1108  GBP
5p ordinary		SWAP		Increasing Long		29,498	2.1437  GBP
5p ordinary		SWAP		Increasing Long		1,871	2.2178  GBP
5p ordinary		SWAP		Increasing Long		4,784	2.3294  GBP
5p ordinary		SWAP		Increasing Long		1,423	2.3719  GBP
5p ordinary		SWAP		Increasing Long		2,408	2.4282  GBP
5p ordinary		SWAP		Increasing Long		28	2.6379  GBP
5p ordinary		SWAP		Decreasing Long		29,747	2.0880  GBP
5p ordinary		SWAP		Decreasing Long		1,082	2.1394  GBP
5p ordinary		SWAP		Decreasing Long		1,314	2.2000  GBP
5p ordinary		SWAP		Decreasing Long		13,418	2.2057  GBP
5p ordinary		SWAP		Decreasing Long		9,911	2.3716  GBP
5p ordinary		SWAP		Decreasing Long		19,648	2.3746  GBP
5p ordinary		SWAP		Opening Long		5,000	2.4105  GBP
5p ordinary		SWAP		Closing Long		125	2.6402  GBP
5p ordinary		SWAP		Decreasing Short		203	2.5475  GBP
5p ordinary		SWAP		Increasing Long		16,871	2.1994  GBP
5p ordinary		SWAP		Increasing Long		324	2.3173  GBP
5p ordinary		SWAP		Increasing Long		8,294	2.1057  GBP
5p ordinary		SWAP		Increasing Long		105,305	2.1332  GBP
5p ordinary		SWAP		Increasing Long		21,052	2.1754  GBP
5p ordinary		SWAP		Increasing Long		23,252	2.2052  GBP
5p ordinary		SWAP		Decreasing Long		32,113	2.0880  GBP
5p ordinary		SWAP		Decreasing Long		6,067	2.2023  GBP
5p ordinary		SWAP		Decreasing Long		3,082	2.2113  GBP
5p ordinary		SWAP		Opening Short		700,000	2.2168  GBP
5p ordinary		SWAP		Increasing Short		11,387	2.4735  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						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:				14 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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