Form 8.5 (EPT/NON-RI)-Crest Nicholson Holdings plc

Barclays PLC

12 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:			CREST NICHOLSON HOLDINGS 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:			11 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:  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:				908,687	0.35%	3,701,951	1.44%
(2) Cash-settled derivatives:				3,487,853	1.36%	786,993	0.31%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				4,396,540	1.71%	4,488,944	1.75%
(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
5p ordinary	Sale	1122050	2.5081  GBP	2.3710  GBP
5p ordinary	Purchase	1476976	2.5120  GBP	2.3795  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
5p ordinary	SWAP	Decreasing Long	382	2.3819  GBP
5p ordinary	SWAP	Decreasing Long	40,631	2.3988  GBP
5p ordinary	SWAP	Closing Long	47	2.4925  GBP
5p ordinary	SWAP	Increasing Long	5,289	2.3981  GBP
5p ordinary	SWAP	Decreasing Long	12,437	2.4963  GBP
5p ordinary	CFD	Increasing Long	10	2.4420  GBP
5p ordinary	CFD	Increasing Long	18,250	2.4871  GBP
5p ordinary	CFD	Decreasing Long	22,781	2.4539  GBP
5p ordinary	CFD	Decreasing Long	9,851	2.4633  GBP
5p ordinary	SWAP	Closing Long	17,239	2.3988  GBP
5p ordinary	SWAP	Decreasing Short	892	2.4138  GBP
5p ordinary	SWAP	Increasing Short	238	2.4870  GBP
5p ordinary	SWAP	Increasing Long	625	2.5078  GBP
5p ordinary	SWAP	Closing Long	740	2.5080  GBP
5p ordinary	SWAP	Closing Long	13,768	2.3988  GBP
5p ordinary	SWAP	Closing Long	8,853	2.3988  GBP
5p ordinary	SWAP	Decreasing Short	155	2.4979  GBP
5p ordinary	SWAP	Increasing Long	977	2.4620  GBP
5p ordinary	SWAP	Increasing Long	2,917	2.4222  GBP
5p ordinary	SWAP	Increasing Long	40,409	2.4661  GBP
5p ordinary	SWAP	Increasing Long	11,239	2.5080  GBP
5p ordinary	SWAP	Decreasing Long	918	2.3880  GBP
5p ordinary	SWAP	Decreasing Long	615	2.4600  GBP
5p ordinary	SWAP	Decreasing Long	19,756	2.4743  GBP
5p ordinary	SWAP	Increasing Long	4,369	2.3880  GBP
5p ordinary	SWAP	Increasing Long	2,622	2.3999  GBP
5p ordinary	SWAP	Increasing Long	42	2.4009  GBP
5p ordinary	SWAP	Increasing Long	428	2.4099  GBP
5p ordinary	SWAP	Decreasing Long	943	2.4674  GBP
5p ordinary	SWAP	Decreasing Long	18,451	2.4696  GBP
5p ordinary	SWAP	Decreasing Long	134,491	2.4752  GBP
5p ordinary	SWAP	Decreasing Long	18,962	2.4840  GBP
5p ordinary	SWAP	Decreasing Long	9,037	2.4922  GBP
5p ordinary	SWAP	Decreasing Long	7,285	2.4929  GBP
5p ordinary	SWAP	Decreasing Long	33,086	2.4947  GBP
5p ordinary	SWAP	Decreasing Long	3,745	2.4979  GBP
5p ordinary	SWAP	Decreasing Long	13,756	2.4992  GBP
5p ordinary	SWAP	Decreasing Long	11,251	2.5044  GBP
5p ordinary	SWAP	Decreasing Long	40,517	2.5080  GBP
5p ordinary	SWAP	Decreasing Short	500	2.4782  GBP
5p ordinary	SWAP	Decreasing Long	36,292	2.3988  GBP
5p ordinary	SWAP	Decreasing Long	1,479	2.4726  GBP
5p ordinary	SWAP	Decreasing Long	914	2.4789  GBP
5p ordinary	SWAP	Decreasing Long	1,273	2.4902  GBP
5p ordinary	SWAP	Decreasing Long	1,649	2.4925  GBP
5p ordinary	SWAP	Decreasing Long	1,533	2.4949  GBP
5p ordinary	SWAP	Decreasing Long	885	2.5048  GBP
5p ordinary	SWAP	Closing Long	2,714	2.5080  GBP
5p ordinary	SWAP	Decreasing Long	16,747	2.5080  GBP
5p ordinary	SWAP	Decreasing Short	17,214	2.4833  GBP
5p ordinary	SWAP	Increasing Short	940	2.4664  GBP
5p ordinary	SWAP	Increasing Short	6,475	2.4907  GBP
5p ordinary	SWAP	Increasing Long	29,888	2.4692  GBP
5p ordinary	SWAP	Increasing Long	14,522	2.5080  GBP
5p ordinary	SWAP	Decreasing Long	84	2.4020  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:				12 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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