Form 8.5 (EPT/NON-RI)BELLWAY PLC

Barclays PLC

24 June 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:			21 Jun 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:				1,109,172	0.93%	229,847	0.19%
(2) Cash-settled derivatives:				189,659	0.16%	1,050,521	0.88%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,298,831	1.09%	1,280,368	1.08%
(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	96053	25.6800  GBP	25.3600  GBP
12.5p ordinary	Sale	150088	25.7200  GBP	25.4962  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	SWAP	Closing Long	1	25.6800  GBP
12.5p ordinary	SWAP	Closing Long	29	25.6220  GBP
12.5p ordinary	SWAP	Closing Long	2,034	25.5667  GBP
12.5p ordinary	SWAP	Closing Long	9,577	25.6600  GBP
12.5p ordinary	SWAP	Closing Long	18,843	25.6588  GBP
12.5p ordinary	SWAP	Closing Short	229	25.6600  GBP
12.5p ordinary	SWAP	Closing Short	232	25.6059  GBP
12.5p ordinary	SWAP	Decreasing Long	67	25.5496  GBP
12.5p ordinary	SWAP	Decreasing Long	281	25.6501  GBP
12.5p ordinary	SWAP	Decreasing Long	312	25.5523  GBP
12.5p ordinary	SWAP	Decreasing Long	347	25.4762  GBP
12.5p ordinary	SWAP	Decreasing Long	420	25.5543  GBP
12.5p ordinary	SWAP	Decreasing Long	592	25.6334  GBP
12.5p ordinary	SWAP	Decreasing Long	686	25.5847  GBP
12.5p ordinary	SWAP	Decreasing Long	1,058	25.5922  GBP
12.5p ordinary	SWAP	Decreasing Long	4,416	25.5485  GBP
12.5p ordinary	SWAP	Decreasing Long	14,139	25.6601  GBP
12.5p ordinary	SWAP	Decreasing Short	66	25.6058  GBP
12.5p ordinary	SWAP	Decreasing Short	268	25.4962  GBP
12.5p ordinary	SWAP	Decreasing Short	1,240	25.5049  GBP
12.5p ordinary	CFD	Decreasing Short	1,749	25.6423  GBP
12.5p ordinary	SWAP	Decreasing Short	2,884	25.5901  GBP
12.5p ordinary	SWAP	Decreasing Short	3,701	25.6800  GBP
12.5p ordinary	CFD	Decreasing Short	3,886	25.5994  GBP
12.5p ordinary	SWAP	Decreasing Short	5,029	25.6429  GBP
12.5p ordinary	CFD	Decreasing Short	6,394	25.6579  GBP
12.5p ordinary	SWAP	Decreasing Short	6,796	25.6598  GBP
12.5p ordinary	SWAP	Decreasing Short	53,803	25.6600  GBP
12.5p ordinary	SWAP	Increasing Long	13	25.5598  GBP
12.5p ordinary	SWAP	Increasing Long	115	25.6198  GBP
12.5p ordinary	SWAP	Increasing Long	253	25.6598  GBP
12.5p ordinary	SWAP	Increasing Long	384	25.6566  GBP
12.5p ordinary	SWAP	Increasing Long	384	25.5666  GBP
12.5p ordinary	SWAP	Increasing Long	444	25.6197  GBP
12.5p ordinary	SWAP	Increasing Long	495	25.6554  GBP
12.5p ordinary	SWAP	Increasing Long	672	25.5733  GBP
12.5p ordinary	SWAP	Increasing Long	758	25.5921  GBP
12.5p ordinary	SWAP	Increasing Long	960	25.6281  GBP
12.5p ordinary	SWAP	Increasing Short	45	25.5400  GBP
12.5p ordinary	SWAP	Increasing Short	454	25.4715  GBP
12.5p ordinary	SWAP	Increasing Short	702	25.6568  GBP
12.5p ordinary	SWAP	Increasing Short	1,392	25.5219  GBP
12.5p ordinary	SWAP	Increasing Short	1,404	25.6646  GBP
12.5p ordinary	CFD	Increasing Short	1,638	25.3620  GBP
12.5p ordinary	CFD	Increasing Short	3,886	25.6600  GBP
12.5p ordinary	SWAP	Increasing Short	5,426	25.3600  GBP
12.5p ordinary	SWAP	Opening Short	1,600	25.6284  GBP
12.5p ordinary	SWAP	Opening Short	2,400	25.6664  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 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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