Form 8.5 (EPT/NON-RI) - Bellway plc

Barclays PLC

15 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:			12 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:				1,103,315	0.93%	212,044	0.18%
(2) Cash-settled derivatives:				168,133	0.14%	1,041,726	0.88%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,271,448	1.07%	1,253,770	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	79161	26.8013  GBP	26.3100  GBP
12.5p ordinary	Sale	79464	26.8000  GBP	26.3635  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	835	26.4910  GBP
12.5p ordinary	CFD	Decreasing Short	422	26.5494  GBP
12.5p ordinary	CFD	Increasing Short	4,044	26.6221  GBP
12.5p ordinary	CFD	Increasing Short	3,003	26.6223  GBP
12.5p ordinary	SWAP	Opening Short	1	26.4200  GBP
12.5p ordinary	SWAP	Increasing Short	505	26.6213  GBP
12.5p ordinary	SWAP	Decreasing Long	129	26.6240  GBP
12.5p ordinary	SWAP	Closing Long	20	26.5200  GBP
12.5p ordinary	SWAP	Decreasing Short	8,417	26.4700  GBP
12.5p ordinary	SWAP	Decreasing Short	8,128	26.6998  GBP
12.5p ordinary	SWAP	Decreasing Short	8,551	26.7968  GBP
12.5p ordinary	SWAP	Decreasing Short	22	26.4000  GBP
12.5p ordinary	SWAP	Decreasing Short	187	26.4891  GBP
12.5p ordinary	SWAP	Decreasing Short	2,809	26.6200  GBP
12.5p ordinary	SWAP	Decreasing Short	2,598	26.6962  GBP
12.5p ordinary	SWAP	Increasing Short	110	26.4214  GBP
12.5p ordinary	SWAP	Increasing Short	147	26.4727  GBP
12.5p ordinary	SWAP	Increasing Short	32	26.6000  GBP
12.5p ordinary	SWAP	Increasing Short	12,484	26.6200  GBP
12.5p ordinary	SWAP	Increasing Short	4,826	26.6290  GBP
12.5p ordinary	SWAP	Increasing Long	2,172	26.4242  GBP
12.5p ordinary	SWAP	Increasing Long	5,537	26.4327  GBP
12.5p ordinary	SWAP	Increasing Long	168	26.4589  GBP
12.5p ordinary	SWAP	Increasing Long	38	26.4728  GBP
12.5p ordinary	SWAP	Decreasing Long	55	26.4876  GBP
12.5p ordinary	SWAP	Decreasing Long	74	26.4975  GBP
12.5p ordinary	SWAP	Decreasing Long	33	26.5001  GBP
12.5p ordinary	SWAP	Decreasing Long	2,821	26.6202  GBP
12.5p ordinary	SWAP	Decreasing Long	483	26.8002  GBP
12.5p ordinary	SWAP	Decreasing Long	265	26.8005  GBP
12.5p ordinary	SWAP	Decreasing Long	392	26.8013  GBP
12.5p ordinary	SWAP	Decreasing Long	1,154	26.8098  GBP
12.5p ordinary	SWAP	Decreasing Long	10	26.8402  GBP
12.5p ordinary	SWAP	Decreasing Short	370	26.7373  GBP
12.5p ordinary	SWAP	Increasing Long	271	26.6194  GBP
12.5p ordinary	SWAP	Decreasing Short	6,222	26.6202  GBP
12.5p ordinary	SWAP	Increasing Short	398	26.5908  GBP
12.5p ordinary	SWAP	Increasing Short	9,761	26.6200  GBP
12.5p ordinary	SWAP	Increasing Short	2,918	26.6864  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:				15 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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