Form 8.5 (EPT/NON-RI)BELLWAY PLC

Barclays PLC

05 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:			04 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:				1,032,122	0.87%	270,674	0.23%
(2) Cash-settled derivatives:				219,726	0.18%	976,641	0.82%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,251,848	1.05%	1,247,315	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	11886	26.6174  GBP	26.3200  GBP
12.5p ordinary	Sale	62496	26.6400  GBP	26.3808  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	2,247	26.4297  GBP
12.5p ordinary	CFD	Decreasing Short	1,823	26.4629  GBP
12.5p ordinary	CFD	Decreasing Short	1,860	26.5340  GBP
12.5p ordinary	CFD	Increasing Short	2,020	26.3601  GBP
12.5p ordinary	CFD	Increasing Short	227	26.6000  GBP
12.5p ordinary	SWAP	Decreasing Short	204	26.4514  GBP
12.5p ordinary	SWAP	Decreasing Short	32	26.4200  GBP
12.5p ordinary	SWAP	Decreasing Short	1,745	26.4364  GBP
12.5p ordinary	SWAP	Decreasing Short	8,835	26.5270  GBP
12.5p ordinary	SWAP	Decreasing Short	116	26.5356  GBP
12.5p ordinary	SWAP	Decreasing Short	2,559	26.5980  GBP
12.5p ordinary	SWAP	Decreasing Short	9,911	26.6000  GBP
12.5p ordinary	SWAP	Increasing Short	168	26.4207  GBP
12.5p ordinary	SWAP	Increasing Short	29	26.4400  GBP
12.5p ordinary	SWAP	Increasing Short	51	26.4600  GBP
12.5p ordinary	SWAP	Increasing Short	2,360	26.6000  GBP
12.5p ordinary	SWAP	Increasing Long	459	26.4111  GBP
12.5p ordinary	SWAP	Increasing Long	104	26.4198  GBP
12.5p ordinary	SWAP	Increasing Long	720	26.4527  GBP
12.5p ordinary	SWAP	Increasing Long	1,039	26.4738  GBP
12.5p ordinary	SWAP	Increasing Long	2,741	26.4975  GBP
12.5p ordinary	SWAP	Increasing Long	157	26.5022  GBP
12.5p ordinary	SWAP	Increasing Long	428	26.5222  GBP
12.5p ordinary	SWAP	Increasing Long	1,369	26.5507  GBP
12.5p ordinary	SWAP	Increasing Long	1	26.5998  GBP
12.5p ordinary	SWAP	Decreasing Long	25	26.5401  GBP
12.5p ordinary	SWAP	Decreasing Long	82	26.5909  GBP
12.5p ordinary	SWAP	Decreasing Long	134	26.6091  GBP
12.5p ordinary	SWAP	Decreasing Long	537	26.6194  GBP
12.5p ordinary	SWAP	Decreasing Short	850	26.6373  GBP
12.5p ordinary	SWAP	Increasing Long	1,238	26.5220  GBP
12.5p ordinary	SWAP	Increasing Long	306	26.5395  GBP
12.5p ordinary	SWAP	Increasing Long	2,422	26.5593  GBP
12.5p ordinary	SWAP	Decreasing Short	3,401	26.5226  GBP
12.5p ordinary	SWAP	Increasing Long	1,435	26.4708  GBP
12.5p ordinary	SWAP	Increasing Long	1,296	26.4844  GBP
12.5p ordinary	SWAP	Increasing Long	8,722	26.6000  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:				05 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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