Form 8.5 (EPT/NON-RI) BELLWAY PLC

Barclays PLC

03 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:			02 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:				1,074,115	0.90%	221,175	0.19%
(2) Cash-settled derivatives:				172,997	0.15%	1,020,520	0.86%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,247,112	1.05%	1,241,695	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	21515	25.6200  GBP	25.3000  GBP
12.5p ordinary	Sale	36054	25.6600  GBP	25.3000  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	2,166	25.4729  GBP
12.5p ordinary	CFD	Decreasing Short	1,088	25.6239  GBP
12.5p ordinary	CFD	Decreasing Short	282	25.6478  GBP
12.5p ordinary	CFD	Increasing Short	1,111	25.3462  GBP
12.5p ordinary	CFD	Increasing Short	597	25.4215  GBP
12.5p ordinary	CFD	Increasing Short	103	25.4510  GBP
12.5p ordinary	CFD	Increasing Short	2,063	25.5600  GBP
12.5p ordinary	SWAP	Increasing Short	372	25.4457  GBP
12.5p ordinary	SWAP	Opening Long	160	25.4914  GBP
12.5p ordinary	SWAP	Increasing Long	1,007	25.5477  GBP
12.5p ordinary	SWAP	Decreasing Long	416	25.5605  GBP
12.5p ordinary	SWAP	Decreasing Short	38	25.4400  GBP
12.5p ordinary	SWAP	Decreasing Short	210	25.5073  GBP
12.5p ordinary	SWAP	Decreasing Short	788	25.5497  GBP
12.5p ordinary	SWAP	Decreasing Short	4,696	25.5600  GBP
12.5p ordinary	SWAP	Increasing Short	68	25.3200  GBP
12.5p ordinary	SWAP	Increasing Short	91	25.4683  GBP
12.5p ordinary	SWAP	Increasing Short	2,128	25.4967  GBP
12.5p ordinary	SWAP	Increasing Long	241	25.5398  GBP
12.5p ordinary	SWAP	Increasing Long	4,663	25.5598  GBP
12.5p ordinary	SWAP	Increasing Long	278	25.5682  GBP
12.5p ordinary	SWAP	Increasing Long	370	25.5705  GBP
12.5p ordinary	SWAP	Increasing Long	1,828	25.5720  GBP
12.5p ordinary	SWAP	Increasing Long	1,792	25.5731  GBP
12.5p ordinary	SWAP	Increasing Long	159	25.5906  GBP
12.5p ordinary	SWAP	Increasing Long	217	25.6009  GBP
12.5p ordinary	SWAP	Increasing Long	583	25.6056  GBP
12.5p ordinary	SWAP	Decreasing Long	74	25.3811  GBP
12.5p ordinary	SWAP	Decreasing Long	142	25.4334  GBP
12.5p ordinary	SWAP	Decreasing Long	912	25.4349  GBP
12.5p ordinary	SWAP	Decreasing Long	540	25.4376  GBP
12.5p ordinary	SWAP	Decreasing Long	115	25.4422  GBP
12.5p ordinary	SWAP	Decreasing Long	42	25.4535  GBP
12.5p ordinary	SWAP	Decreasing Long	61	25.4573  GBP
12.5p ordinary	SWAP	Decreasing Long	10	25.5401  GBP
12.5p ordinary	SWAP	Closing Long	1,266	25.3700  GBP
12.5p ordinary	SWAP	Decreasing Short	800	25.5686  GBP
12.5p ordinary	SWAP	Closing Long	1,403	25.6048  GBP
12.5p ordinary	SWAP	Decreasing Short	2,822	25.5331  GBP
12.5p ordinary	SWAP	Increasing Short	2,233	25.4255  GBP
12.5p ordinary	SWAP	Increasing Long	3,626	25.5600  GBP
12.5p ordinary	SWAP	Decreasing Long	335	25.4424  GBP
12.5p ordinary	SWAP	Decreasing Long	13	25.5692  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:				03 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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