Form 8.5 (EPT/NON-RI) BELLWAY PLC

Barclays PLC

04 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:			03 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:				1,060,311	0.89%	248,253	0.21%
(2) Cash-settled derivatives:				198,067	0.17%	1,005,369	0.85%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,258,378	1.06%	1,253,622	1.05%
(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	29800	26.1499  GBP	25.7200  GBP
12.5p ordinary	Sale	70682	26.1413  GBP	25.7200  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	856	25.7670  GBP
12.5p ordinary	CFD	Decreasing Short	1,045	25.9164  GBP
12.5p ordinary	CFD	Decreasing Short	438	26.0450  GBP
12.5p ordinary	CFD	Decreasing Short	5,695	26.1379  GBP
12.5p ordinary	CFD	Increasing Short	478	25.7705  GBP
12.5p ordinary	CFD	Increasing Short	692	25.8015  GBP
12.5p ordinary	CFD	Increasing Short	696	25.9042  GBP
12.5p ordinary	CFD	Increasing Short	856	26.1400  GBP
12.5p ordinary	SWAP	Opening Short	6	26.0000  GBP
12.5p ordinary	SWAP	Increasing Long	58	25.8941  GBP
12.5p ordinary	SWAP	Increasing Long	1,326	25.9772  GBP
12.5p ordinary	SWAP	Decreasing Long	419	25.9798  GBP
12.5p ordinary	SWAP	Closing Long	1,716	26.1400  GBP
12.5p ordinary	SWAP	Decreasing Short	596	25.9736  GBP
12.5p ordinary	SWAP	Decreasing Short	11,139	26.1400  GBP
12.5p ordinary	SWAP	Increasing Short	45	25.8200  GBP
12.5p ordinary	SWAP	Increasing Short	1,704	25.8338  GBP
12.5p ordinary	SWAP	Increasing Short	426	26.1332  GBP
12.5p ordinary	SWAP	Increasing Long	120	25.9227  GBP
12.5p ordinary	SWAP	Increasing Long	128	25.9810  GBP
12.5p ordinary	SWAP	Increasing Long	1,007	26.0103  GBP
12.5p ordinary	SWAP	Increasing Long	1,441	26.0345  GBP
12.5p ordinary	SWAP	Increasing Long	3,534	26.1398  GBP
12.5p ordinary	SWAP	Decreasing Long	96	25.8001  GBP
12.5p ordinary	SWAP	Decreasing Long	1,442	25.8149  GBP
12.5p ordinary	SWAP	Decreasing Long	172	25.8408  GBP
12.5p ordinary	SWAP	Decreasing Long	691	25.8452  GBP
12.5p ordinary	SWAP	Decreasing Long	293	25.8656  GBP
12.5p ordinary	SWAP	Decreasing Long	1,375	25.8779  GBP
12.5p ordinary	SWAP	Decreasing Long	265	25.9386  GBP
12.5p ordinary	SWAP	Decreasing Long	86	26.0234  GBP
12.5p ordinary	SWAP	Decreasing Long	32	26.1001  GBP
12.5p ordinary	SWAP	Decreasing Long	31	25.8434  GBP
12.5p ordinary	SWAP	Decreasing Long	1,204	25.8440  GBP
12.5p ordinary	SWAP	Decreasing Long	1,211	25.8575  GBP
12.5p ordinary	SWAP	Decreasing Long	2,223	25.8869  GBP
12.5p ordinary	SWAP	Decreasing Long	1,989	25.9144  GBP
12.5p ordinary	SWAP	Closing Long	952	25.9724  GBP
12.5p ordinary	SWAP	Decreasing Short	300	26.0773  GBP
12.5p ordinary	SWAP	Opening Long	707	26.0550  GBP
12.5p ordinary	SWAP	Increasing Long	690	26.0649  GBP
12.5p ordinary	SWAP	Increasing Long	20,527	26.1373  GBP
12.5p ordinary	SWAP	Increasing Long	1,864	26.1394  GBP
12.5p ordinary	SWAP	Decreasing Short	3,426	26.0510  GBP
12.5p ordinary	SWAP	Increasing Short	3,441	26.1502  GBP
12.5p ordinary	SWAP	Increasing Long	734	25.9512  GBP
12.5p ordinary	SWAP	Increasing Long	7,131	26.1400  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:				04 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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