Form 8.5 (EPT/NON-RI)BELLWAY PLC

Barclays PLC

25 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:			24 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:				1,099,613	0.92%	227,482	0.19%
(2) Cash-settled derivatives:				185,398	0.16%	1,040,518	0.87%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,285,011	1.08%	1,268,000	1.07%
(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	23097	25.8161  GBP	25.5007  GBP
12.5p ordinary	Sale	30287	25.7859  GBP	25.6000  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	Decreasing Long	4	25.6553  GBP
12.5p ordinary	SWAP	Decreasing Long	8	25.7201  GBP
12.5p ordinary	SWAP	Decreasing Long	11	25.5492  GBP
12.5p ordinary	SWAP	Decreasing Long	76	25.4401  GBP
12.5p ordinary	SWAP	Decreasing Long	93	25.6867  GBP
12.5p ordinary	SWAP	Decreasing Long	96	25.7396  GBP
12.5p ordinary	SWAP	Decreasing Long	589	25.7774  GBP
12.5p ordinary	SWAP	Decreasing Long	699	25.7149  GBP
12.5p ordinary	SWAP	Decreasing Long	714	25.7175  GBP
12.5p ordinary	SWAP	Decreasing Long	714	25.7198  GBP
12.5p ordinary	SWAP	Decreasing Long	1,717	25.7205  GBP
12.5p ordinary	SWAP	Decreasing Long	3,975	25.7214  GBP
12.5p ordinary	SWAP	Decreasing Short	35	25.6893  GBP
12.5p ordinary	SWAP	Decreasing Short	54	25.6800  GBP
12.5p ordinary	CFD	Decreasing Short	282	25.7384  GBP
12.5p ordinary	CFD	Decreasing Short	283	25.6977  GBP
12.5p ordinary	SWAP	Decreasing Short	366	25.7071  GBP
12.5p ordinary	CFD	Decreasing Short	893	25.7859  GBP
12.5p ordinary	SWAP	Decreasing Short	1,443	25.7200  GBP
12.5p ordinary	SWAP	Decreasing Short	1,786	25.6671  GBP
12.5p ordinary	SWAP	Decreasing Short	4,829	25.7222  GBP
12.5p ordinary	CFD	Decreasing Short	8,052	25.7179  GBP
12.5p ordinary	SWAP	Increasing Long	71	25.7082  GBP
12.5p ordinary	SWAP	Increasing Long	435	25.6884  GBP
12.5p ordinary	SWAP	Increasing Long	485	25.7029  GBP
12.5p ordinary	SWAP	Increasing Long	3,444	25.7198  GBP
12.5p ordinary	SWAP	Increasing Short	33	25.6200  GBP
12.5p ordinary	SWAP	Increasing Short	36	25.6800  GBP
12.5p ordinary	SWAP	Increasing Short	111	25.7218  GBP
12.5p ordinary	SWAP	Increasing Short	137	25.7178  GBP
12.5p ordinary	CFD	Increasing Short	254	25.5007  GBP
12.5p ordinary	SWAP	Increasing Short	270	25.7243  GBP
12.5p ordinary	CFD	Increasing Short	310	25.7823  GBP
12.5p ordinary	SWAP	Increasing Short	331	25.7183  GBP
12.5p ordinary	CFD	Increasing Short	639	25.7200  GBP
12.5p ordinary	CFD	Increasing Short	913	25.7173  GBP
12.5p ordinary	CFD	Increasing Short	920	25.7885  GBP
12.5p ordinary	SWAP	Increasing Short	1,793	25.7200  GBP
12.5p ordinary	SWAP	Increasing Short	2,273	25.7416  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:				25 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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