Form 8.5 (EPT/NON-RI) BELLWAY PLC

Barclays PLC

23 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:			22 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:				1,055,396	0.89%	219,015	0.18%
(2) Cash-settled derivatives:				169,106	0.14%	961,781	0.81%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,224,502	1.03%	1,180,796	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	84093	27.3600  GBP	26.8800  GBP
12.5p ordinary	Sale	42504	27.3600  GBP	26.8800  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	12	26.9800  GBP
12.5p ordinary	CFD	Decreasing Short	200	27.3151  GBP
12.5p ordinary	CFD	Increasing Short	686	26.9416  GBP
12.5p ordinary	CFD	Increasing Short	2,421	26.9821  GBP
12.5p ordinary	CFD	Increasing Short	212	27.0366  GBP
12.5p ordinary	SWAP	Decreasing Short	374	27.1737  GBP
12.5p ordinary	SWAP	Increasing Short	86	27.4493  GBP
12.5p ordinary	SWAP	Increasing Short	282	26.9813  GBP
12.5p ordinary	SWAP	Increasing Short	49	27.1800  GBP
12.5p ordinary	SWAP	Opening Long	143	26.9800  GBP
12.5p ordinary	SWAP	Closing Long	62	27.1625  GBP
12.5p ordinary	SWAP	Increasing Long	2,671	27.0004  GBP
12.5p ordinary	SWAP	Decreasing Long	2,189	26.9800  GBP
12.5p ordinary	SWAP	Closing Long	785	27.1029  GBP
12.5p ordinary	SWAP	Decreasing Short	1	27.2200  GBP
12.5p ordinary	SWAP	Decreasing Short	61	27.2400  GBP
12.5p ordinary	SWAP	Decreasing Short	401	27.2755  GBP
12.5p ordinary	SWAP	Increasing Short	6,921	26.9800  GBP
12.5p ordinary	SWAP	Increasing Short	1,577	27.0629  GBP
12.5p ordinary	SWAP	Increasing Short	20	27.2200  GBP
12.5p ordinary	SWAP	Increasing Short	57	27.3400  GBP
12.5p ordinary	SWAP	Increasing Long	9	26.9553  GBP
12.5p ordinary	SWAP	Increasing Long	12,575	26.9797  GBP
12.5p ordinary	SWAP	Increasing Long	58	27.0397  GBP
12.5p ordinary	SWAP	Increasing Long	20	27.0515  GBP
12.5p ordinary	SWAP	Increasing Long	92	27.0703  GBP
12.5p ordinary	SWAP	Increasing Long	657	27.0736  GBP
12.5p ordinary	SWAP	Increasing Long	926	27.1135  GBP
12.5p ordinary	SWAP	Increasing Long	491	27.1442  GBP
12.5p ordinary	SWAP	Increasing Long	332	27.1879  GBP
12.5p ordinary	SWAP	Decreasing Long	45	26.9202  GBP
12.5p ordinary	SWAP	Decreasing Long	129	27.0444  GBP
12.5p ordinary	SWAP	Decreasing Long	258	27.0634  GBP
12.5p ordinary	SWAP	Decreasing Long	464	27.0866  GBP
12.5p ordinary	SWAP	Decreasing Long	72	27.1043  GBP
12.5p ordinary	SWAP	Decreasing Short	15	26.9398  GBP
12.5p ordinary	SWAP	Decreasing Long	648	26.9356  GBP
12.5p ordinary	SWAP	Decreasing Long	9,641	26.9805  GBP
12.5p ordinary	SWAP	Decreasing Long	2,047	27.0165  GBP
12.5p ordinary	SWAP	Decreasing Long	539	27.0278  GBP
12.5p ordinary	SWAP	Decreasing Long	427	27.2163  GBP
12.5p ordinary	SWAP	Decreasing Long	248	27.2530  GBP
12.5p ordinary	SWAP	Decreasing Long	47	27.2805  GBP
12.5p ordinary	SWAP	Decreasing Short	106	27.2203  GBP
12.5p ordinary	SWAP	Increasing Short	5,150	26.9800  GBP
12.5p ordinary	SWAP	Increasing Short	497	27.1002  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:				23 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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