Form 8.5 (EPT/NON-RI) BELLWAY PLC

Barclays PLC

02 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:			01 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:  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:				1,075,455	0.90%	207,976	0.17%
(2) Cash-settled derivatives:				163,402	0.14%	1,024,644	0.86%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,238,857	1.04%	1,232,620	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	39777	25.7649  GBP	25.4000  GBP
12.5p ordinary	Sale	29198	25.8000  GBP	25.3989  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	884	25.6565  GBP
12.5p ordinary	CFD	Decreasing Short	1,674	25.6822  GBP
12.5p ordinary	CFD	Increasing Short	240	25.4000  GBP
12.5p ordinary	CFD	Increasing Short	2,444	25.4020  GBP
12.5p ordinary	CFD	Increasing Short	2,316	25.4022  GBP
12.5p ordinary	CFD	Increasing Short	1,834	25.6427  GBP
12.5p ordinary	CFD	Increasing Short	644	25.6566  GBP
12.5p ordinary	CFD	Increasing Short	376	25.6615  GBP
12.5p ordinary	SWAP	Increasing Short	62	25.7599  GBP
12.5p ordinary	SWAP	Opening Long	2,882	25.4000  GBP
12.5p ordinary	SWAP	Decreasing Long	1,495	25.4012  GBP
12.5p ordinary	SWAP	Closing Long	2	25.6000  GBP
12.5p ordinary	SWAP	Decreasing Short	476	25.4000  GBP
12.5p ordinary	SWAP	Decreasing Short	130	25.6400  GBP
12.5p ordinary	SWAP	Decreasing Short	3,205	25.6496  GBP
12.5p ordinary	SWAP	Decreasing Short	206	25.7100  GBP
12.5p ordinary	SWAP	Increasing Short	1	24.8000  GBP
12.5p ordinary	SWAP	Increasing Short	918	25.4000  GBP
12.5p ordinary	SWAP	Increasing Short	269	25.6974  GBP
12.5p ordinary	SWAP	Increasing Short	23	25.7000  GBP
12.5p ordinary	SWAP	Increasing Long	24	25.3998  GBP
12.5p ordinary	SWAP	Increasing Long	214	25.6154  GBP
12.5p ordinary	SWAP	Increasing Long	824	25.6164  GBP
12.5p ordinary	SWAP	Increasing Long	1,186	25.6193  GBP
12.5p ordinary	SWAP	Increasing Long	204	25.6249  GBP
12.5p ordinary	SWAP	Decreasing Long	6,268	25.4001  GBP
12.5p ordinary	SWAP	Decreasing Long	273	25.6838  GBP
12.5p ordinary	SWAP	Decreasing Long	894	25.6933  GBP
12.5p ordinary	SWAP	Decreasing Long	226	25.7201  GBP
12.5p ordinary	SWAP	Decreasing Long	151	25.7487  GBP
12.5p ordinary	SWAP	Decreasing Long	1,591	25.7488  GBP
12.5p ordinary	SWAP	Decreasing Long	190	25.7719  GBP
12.5p ordinary	SWAP	Increasing Long	26	25.3989  GBP
12.5p ordinary	SWAP	Increasing Long	98	25.6822  GBP
12.5p ordinary	SWAP	Increasing Long	117	25.6888  GBP
12.5p ordinary	SWAP	Decreasing Long	1,615	25.4073  GBP
12.5p ordinary	SWAP	Decreasing Long	8	25.5410  GBP
12.5p ordinary	SWAP	Decreasing Long	90	25.5608  GBP
12.5p ordinary	SWAP	Decreasing Long	425	25.5744  GBP
12.5p ordinary	SWAP	Decreasing Long	332	25.5808  GBP
12.5p ordinary	SWAP	Decreasing Long	186	25.5849  GBP
12.5p ordinary	SWAP	Opening Long	1,403	25.3994  GBP
12.5p ordinary	SWAP	Increasing Long	38	25.5168  GBP
12.5p ordinary	SWAP	Decreasing Short	2,424	25.5281  GBP
12.5p ordinary	SWAP	Increasing Short	4,677	25.7611  GBP
12.5p ordinary	SWAP	Increasing Long	968	25.6570  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:				02 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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