Form 8.5 (EPT/NON-RI)BELLWAY PLC

Barclays PLC

01 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:			28 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:				1,072,437	0.90%	215,537	0.18%
(2) Cash-settled derivatives:				170,587	0.14%	1,021,262	0.86%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,243,024	1.04%	1,236,799	1.04%
(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	32125	25.6600  GBP	25.3600  GBP
12.5p ordinary	Sale	37327	25.6625  GBP	25.3574  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	2,501	25.4035  GBP
12.5p ordinary	CFD	Decreasing Short	657	25.4585  GBP
12.5p ordinary	CFD	Decreasing Short	574	25.4686  GBP
12.5p ordinary	CFD	Decreasing Short	2,465	25.5371  GBP
12.5p ordinary	CFD	Decreasing Short	195	25.5884  GBP
12.5p ordinary	CFD	Increasing Short	827	25.3600  GBP
12.5p ordinary	CFD	Increasing Short	740	25.4912  GBP
12.5p ordinary	CFD	Increasing Short	2,465	25.5371  GBP
12.5p ordinary	CFD	Increasing Short	25	25.5556  GBP
12.5p ordinary	CFD	Increasing Short	826	25.5753  GBP
12.5p ordinary	SWAP	Decreasing Short	134	25.3940  GBP
12.5p ordinary	SWAP	Opening Long	11	25.4836  GBP
12.5p ordinary	SWAP	Opening Short	1,396	25.3612  GBP
12.5p ordinary	SWAP	Increasing Long	12,106	25.3574  GBP
12.5p ordinary	SWAP	Increasing Long	4,190	25.3761  GBP
12.5p ordinary	SWAP	Decreasing Short	1,673	25.3600  GBP
12.5p ordinary	SWAP	Decreasing Short	391	25.5324  GBP
12.5p ordinary	SWAP	Decreasing Short	217	25.5392  GBP
12.5p ordinary	SWAP	Increasing Short	1,546	25.3600  GBP
12.5p ordinary	SWAP	Increasing Short	59	25.5600  GBP
12.5p ordinary	SWAP	Increasing Short	1,951	25.5938  GBP
12.5p ordinary	SWAP	Increasing Short	34	25.6200  GBP
12.5p ordinary	SWAP	Increasing Long	113	25.4180  GBP
12.5p ordinary	SWAP	Decreasing Long	11,967	25.3601  GBP
12.5p ordinary	SWAP	Decreasing Long	79	25.4058  GBP
12.5p ordinary	SWAP	Decreasing Long	497	25.4399  GBP
12.5p ordinary	SWAP	Decreasing Long	165	25.4401  GBP
12.5p ordinary	SWAP	Decreasing Long	999	25.4548  GBP
12.5p ordinary	SWAP	Decreasing Long	495	25.4793  GBP
12.5p ordinary	SWAP	Decreasing Long	110	25.4806  GBP
12.5p ordinary	SWAP	Decreasing Long	325	25.5166  GBP
12.5p ordinary	SWAP	Decreasing Long	2,206	25.5189  GBP
12.5p ordinary	SWAP	Opening Long	1,007	25.3654  GBP
12.5p ordinary	SWAP	Increasing Long	18	25.4789  GBP
12.5p ordinary	SWAP	Decreasing Short	254	25.3594  GBP
12.5p ordinary	SWAP	Decreasing Short	20	25.3596  GBP
12.5p ordinary	SWAP	Decreasing Short	22	25.5994  GBP
12.5p ordinary	SWAP	Decreasing Short	1,399	25.3990  GBP
12.5p ordinary	SWAP	Increasing Short	2,223	25.5535  GBP
12.5p ordinary	SWAP	Increasing Short	191	25.6125  GBP
12.5p ordinary	SWAP	Increasing Long	245	25.5300  GBP
12.5p ordinary	SWAP	Increasing Long	144	25.5566  GBP
12.5p ordinary	SWAP	Decreasing Long	1,058	25.3600  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:				01 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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