Form 8.5 (EPT/NON-RI) BELLWAY PLC

Barclays PLC

10 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:			09 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:				1,062,014	0.89%	263,697	0.22%
(2) Cash-settled derivatives:				214,629	0.18%	997,470	0.84%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,276,643	1.07%	1,261,167	1.06%
(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	67391	26.6443  GBP	25.8000  GBP
12.5p ordinary	Sale	36519	26.5700  GBP	25.7998  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	1,000	25.8775  GBP
12.5p ordinary	CFD	Decreasing Short	701	26.0180  GBP
12.5p ordinary	CFD	Decreasing Short	982	26.4928  GBP
12.5p ordinary	CFD	Increasing Short	982	25.8000  GBP
12.5p ordinary	CFD	Increasing Short	9,746	25.8020  GBP
12.5p ordinary	CFD	Increasing Short	312	26.1615  GBP
12.5p ordinary	CFD	Increasing Short	43	26.6444  GBP
12.5p ordinary	SWAP	Increasing Short	427	25.8012  GBP
12.5p ordinary	SWAP	Increasing Short	74	26.2697  GBP
12.5p ordinary	SWAP	Decreasing Short	390	26.2542  GBP
12.5p ordinary	SWAP	Decreasing Short	106	26.5422  GBP
12.5p ordinary	SWAP	Increasing Short	8,876	25.8001  GBP
12.5p ordinary	SWAP	Increasing Short	2,826	25.8166  GBP
12.5p ordinary	SWAP	Increasing Short	631	26.1134  GBP
12.5p ordinary	SWAP	Increasing Short	3,941	26.1409  GBP
12.5p ordinary	SWAP	Increasing Long	1,526	25.7998  GBP
12.5p ordinary	SWAP	Increasing Long	112	25.9758  GBP
12.5p ordinary	SWAP	Increasing Long	334	25.9822  GBP
12.5p ordinary	SWAP	Increasing Long	699	26.0691  GBP
12.5p ordinary	SWAP	Increasing Long	550	26.0949  GBP
12.5p ordinary	SWAP	Decreasing Long	181	25.8001  GBP
12.5p ordinary	SWAP	Decreasing Long	309	25.8653  GBP
12.5p ordinary	SWAP	Decreasing Long	279	26.0356  GBP
12.5p ordinary	SWAP	Decreasing Long	224	26.0498  GBP
12.5p ordinary	SWAP	Decreasing Long	359	26.1002  GBP
12.5p ordinary	SWAP	Decreasing Long	195	26.1176  GBP
12.5p ordinary	SWAP	Decreasing Long	139	26.1711  GBP
12.5p ordinary	SWAP	Decreasing Long	315	26.2061  GBP
12.5p ordinary	SWAP	Decreasing Long	416	26.2522  GBP
12.5p ordinary	SWAP	Increasing Short	275	26.3389  GBP
12.5p ordinary	SWAP	Decreasing Short	1,161	25.8937  GBP
12.5p ordinary	SWAP	Decreasing Short	98	26.0675  GBP
12.5p ordinary	SWAP	Increasing Short	240	25.9777  GBP
12.5p ordinary	SWAP	Decreasing Long	6,000	25.8000  GBP
12.5p ordinary	SWAP	Decreasing Long	1,093	26.1151  GBP
12.5p ordinary	SWAP	Decreasing Long	1,251	26.2105  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:				10 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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