Form 8.5 (EPT/NON-RI) BELLWAY PLC

Barclays PLC

09 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:			08 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:				1,047,049	0.88%	279,604	0.24%
(2) Cash-settled derivatives:				222,169	0.19%	973,535	0.82%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,269,218	1.07%	1,253,139	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	61389	26.8800  GBP	26.6400  GBP
12.5p ordinary	Sale	70720	27.1155  GBP	26.6400  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	80	26.7176  GBP
12.5p ordinary	CFD	Decreasing Short	4,376	26.8216  GBP
12.5p ordinary	CFD	Decreasing Short	216	27.1155  GBP
12.5p ordinary	CFD	Increasing Short	3,712	26.6629  GBP
12.5p ordinary	CFD	Increasing Short	151	26.6807  GBP
12.5p ordinary	CFD	Increasing Short	2,704	26.7200  GBP
12.5p ordinary	SWAP	Opening Short	12	26.7133  GBP
12.5p ordinary	SWAP	Increasing Short	91	26.7213  GBP
12.5p ordinary	SWAP	Increasing Short	20	26.7200  GBP
12.5p ordinary	SWAP	Decreasing Short	59	26.7389  GBP
12.5p ordinary	SWAP	Decreasing Short	1,460	26.7751  GBP
12.5p ordinary	SWAP	Increasing Short	321	26.7068  GBP
12.5p ordinary	SWAP	Increasing Short	324	26.7200  GBP
12.5p ordinary	SWAP	Increasing Short	4,602	26.7632  GBP
12.5p ordinary	SWAP	Increasing Short	253	26.7794  GBP
12.5p ordinary	SWAP	Increasing Short	20	26.8000  GBP
12.5p ordinary	SWAP	Increasing Long	432	26.6901  GBP
12.5p ordinary	SWAP	Increasing Long	432	26.6951  GBP
12.5p ordinary	SWAP	Increasing Long	1,405	26.6979  GBP
12.5p ordinary	SWAP	Increasing Long	25	26.7006  GBP
12.5p ordinary	SWAP	Increasing Long	8,084	26.7198  GBP
12.5p ordinary	SWAP	Increasing Long	2,384	26.8508  GBP
12.5p ordinary	SWAP	Decreasing Long	33	26.7040  GBP
12.5p ordinary	SWAP	Decreasing Long	170	26.7405  GBP
12.5p ordinary	SWAP	Decreasing Long	419	26.7431  GBP
12.5p ordinary	SWAP	Decreasing Long	1,538	26.7665  GBP
12.5p ordinary	SWAP	Decreasing Long	148	26.7707  GBP
12.5p ordinary	SWAP	Increasing Long	1,385	26.7014  GBP
12.5p ordinary	SWAP	Increasing Long	583	26.7048  GBP
12.5p ordinary	SWAP	Increasing Long	1,464	26.7939  GBP
12.5p ordinary	SWAP	Increasing Long	73	27.0860  GBP
12.5p ordinary	SWAP	Decreasing Short	3,853	26.7238  GBP
12.5p ordinary	SWAP	Increasing Short	24	26.8346  GBP
12.5p ordinary	SWAP	Decreasing Long	1,933	26.7920  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:				09 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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