Form 8.5 (EPT/NON-RI) BELLWAY PLC

Barclays PLC

26 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:			25 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:				1,032,396	0.87%	196,536	0.17%
(2) Cash-settled derivatives:				144,746	0.12%	961,794	0.81%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,177,142	0.99%	1,158,330	0.97%
(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	34219	27.5614  GBP	26.7000  GBP
12.5p ordinary	Sale	26706	27.5600  GBP	26.7271  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	1,116	26.7271  GBP
12.5p ordinary	CFD	Decreasing Short	41	27.3648  GBP
12.5p ordinary	CFD	Decreasing Short	1,745	27.5600  GBP
12.5p ordinary	CFD	Increasing Short	1,367	26.7872  GBP
12.5p ordinary	CFD	Increasing Short	394	27.4451  GBP
12.5p ordinary	CFD	Increasing Short	2,861	27.5614  GBP
12.5p ordinary	SWAP	Decreasing Short	13	26.7197  GBP
12.5p ordinary	SWAP	Increasing Short	76	26.9252  GBP
12.5p ordinary	SWAP	Increasing Short	9	27.3111  GBP
12.5p ordinary	SWAP	Increasing Short	979	27.5613  GBP
12.5p ordinary	SWAP	Opening Long	1,381	27.1592  GBP
12.5p ordinary	SWAP	Opening Short	5,596	27.0097  GBP
12.5p ordinary	SWAP	Increasing Short	650	27.2976  GBP
12.5p ordinary	SWAP	Increasing Short	731	27.5600  GBP
12.5p ordinary	SWAP	Increasing Long	2,494	27.5558  GBP
12.5p ordinary	SWAP	Decreasing Short	18	26.7800  GBP
12.5p ordinary	SWAP	Decreasing Short	1,240	27.0832  GBP
12.5p ordinary	SWAP	Decreasing Short	91	27.2400  GBP
12.5p ordinary	SWAP	Decreasing Short	2,143	27.5600  GBP
12.5p ordinary	SWAP	Increasing Short	22	26.9200  GBP
12.5p ordinary	SWAP	Increasing Short	74	27.0529  GBP
12.5p ordinary	SWAP	Increasing Short	1,380	27.1513  GBP
12.5p ordinary	SWAP	Increasing Short	1,066	27.5584  GBP
12.5p ordinary	SWAP	Increasing Long	58	26.8397  GBP
12.5p ordinary	SWAP	Increasing Long	96	27.1697  GBP
12.5p ordinary	SWAP	Increasing Long	275	27.2235  GBP
12.5p ordinary	SWAP	Increasing Long	414	27.5194  GBP
12.5p ordinary	SWAP	Increasing Long	204	27.5397  GBP
12.5p ordinary	SWAP	Decreasing Long	284	26.8660  GBP
12.5p ordinary	SWAP	Decreasing Long	59	26.8965  GBP
12.5p ordinary	SWAP	Decreasing Long	271	27.0736  GBP
12.5p ordinary	SWAP	Decreasing Long	153	27.1002  GBP
12.5p ordinary	SWAP	Decreasing Long	147	27.1955  GBP
12.5p ordinary	SWAP	Decreasing Long	98	27.2504  GBP
12.5p ordinary	SWAP	Decreasing Long	3,778	27.2880  GBP
12.5p ordinary	SWAP	Decreasing Long	775	27.3713  GBP
12.5p ordinary	SWAP	Decreasing Long	160	27.3847  GBP
12.5p ordinary	SWAP	Decreasing Long	827	27.5602  GBP
12.5p ordinary	SWAP	Decreasing Long	395	26.9819  GBP
12.5p ordinary	SWAP	Decreasing Long	902	27.1278  GBP
12.5p ordinary	SWAP	Decreasing Long	28	27.1876  GBP
12.5p ordinary	SWAP	Decreasing Long	841	27.3004  GBP
12.5p ordinary	SWAP	Decreasing Long	419	27.3302  GBP
12.5p ordinary	SWAP	Increasing Long	1,750	27.4566  GBP
12.5p ordinary	SWAP	Increasing Long	150	27.4794  GBP
12.5p ordinary	SWAP	Increasing Long	900	27.5084  GBP
12.5p ordinary	SWAP	Increasing Long	850	27.5158  GBP
12.5p ordinary	SWAP	Increasing Long	682	27.5271  GBP
12.5p ordinary	SWAP	Increasing Long	4,953	27.5594  GBP
12.5p ordinary	SWAP	Increasing Short	1,653	27.2218  GBP
12.5p ordinary	SWAP	Increasing Short	832	27.5600  GBP
12.5p ordinary	SWAP	Increasing Short	1,236	27.3302  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:				26 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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