Form 8.5 (EPT/NON-RI) BELLWAY PLC

Barclays PLC

18 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:			17 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:				1,026,403	0.86%	215,620	0.18%
(2) Cash-settled derivatives:				164,208	0.14%	958,633	0.81%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,190,611	1.00%	1,174,253	0.99%
(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	69398	27.1893  GBP	26.8000  GBP
12.5p ordinary	Sale	114477	27.1671  GBP	26.8000  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	408	27.0750  GBP
12.5p ordinary	CFD	Decreasing Short	2,232	27.0775  GBP
12.5p ordinary	CFD	Decreasing Short	1,146	27.0778  GBP
12.5p ordinary	CFD	Decreasing Short	8,304	27.0800  GBP
12.5p ordinary	CFD	Decreasing Short	48	27.1670  GBP
12.5p ordinary	CFD	Increasing Short	967	26.9270  GBP
12.5p ordinary	CFD	Increasing Short	1,147	27.1893  GBP
12.5p ordinary	SWAP	Decreasing Short	110	26.8894  GBP
12.5p ordinary	SWAP	Opening Long	3	26.9333  GBP
12.5p ordinary	SWAP	Opening Short	20	26.9320  GBP
12.5p ordinary	SWAP	Increasing Short	151	27.0813  GBP
12.5p ordinary	SWAP	Opening Short	73	26.9600  GBP
12.5p ordinary	SWAP	Opening Long	16,535	26.9136  GBP
12.5p ordinary	SWAP	Increasing Long	4	26.9475  GBP
12.5p ordinary	SWAP	Increasing Long	699	27.0135  GBP
12.5p ordinary	SWAP	Decreasing Long	1	26.9600  GBP
12.5p ordinary	SWAP	Decreasing Long	9,617	27.0761  GBP
12.5p ordinary	SWAP	Decreasing Long	7,208	27.0800  GBP
12.5p ordinary	SWAP	Closing Short	12,308	27.0071  GBP
12.5p ordinary	SWAP	Decreasing Short	38	26.8800  GBP
12.5p ordinary	SWAP	Decreasing Short	50	26.8848  GBP
12.5p ordinary	SWAP	Decreasing Short	2,435	26.9415  GBP
12.5p ordinary	SWAP	Decreasing Short	3,679	27.0746  GBP
12.5p ordinary	SWAP	Decreasing Short	7,485	27.0800  GBP
12.5p ordinary	SWAP	Increasing Short	34	26.9200  GBP
12.5p ordinary	SWAP	Increasing Short	642	26.9718  GBP
12.5p ordinary	SWAP	Increasing Short	5	27.1600  GBP
12.5p ordinary	SWAP	Increasing Long	4	26.8995  GBP
12.5p ordinary	SWAP	Increasing Long	1,880	26.9229  GBP
12.5p ordinary	SWAP	Increasing Long	1,245	26.9356  GBP
12.5p ordinary	SWAP	Increasing Long	4,501	26.9891  GBP
12.5p ordinary	SWAP	Increasing Long	430	27.0111  GBP
12.5p ordinary	SWAP	Increasing Long	77	27.0197  GBP
12.5p ordinary	SWAP	Decreasing Long	495	26.8925  GBP
12.5p ordinary	SWAP	Decreasing Long	269	26.9110  GBP
12.5p ordinary	SWAP	Decreasing Long	8	26.9202  GBP
12.5p ordinary	SWAP	Decreasing Long	208	26.9275  GBP
12.5p ordinary	SWAP	Decreasing Long	9	26.9313  GBP
12.5p ordinary	SWAP	Decreasing Long	13	26.9402  GBP
12.5p ordinary	SWAP	Decreasing Long	104	26.9491  GBP
12.5p ordinary	SWAP	Decreasing Long	314	26.9591  GBP
12.5p ordinary	SWAP	Decreasing Long	1,448	27.0802  GBP
12.5p ordinary	SWAP	Increasing Short	4	27.0121  GBP
12.5p ordinary	SWAP	Increasing Short	348	27.0170  GBP
12.5p ordinary	SWAP	Decreasing Short	119	26.8400  GBP
12.5p ordinary	SWAP	Decreasing Short	4,935	27.0800  GBP
12.5p ordinary	SWAP	Increasing Short	40	27.0400  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:				18 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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