Form 8.5 (EPT/NON-RI) BELLWAY PLC

Barclays PLC

29 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:			26 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:				1,033,236	0.87%	203,580	0.17%
(2) Cash-settled derivatives:				156,636	0.13%	966,817	0.81%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,189,872	1.00%	1,170,397	0.98%
(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	87363	28.3328  GBP	27.7400  GBP
12.5p ordinary	Sale	93567	28.3130  GBP	27.5672  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	9,907	28.1600  GBP
12.5p ordinary	CFD	Increasing Short	9,907	27.7944  GBP
12.5p ordinary	CFD	Increasing Short	556	28.1144  GBP
12.5p ordinary	CFD	Increasing Short	3,829	28.1622  GBP
12.5p ordinary	CFD	Increasing Short	1,726	28.1625  GBP
12.5p ordinary	CFD	Increasing Short	240	28.1827  GBP
12.5p ordinary	SWAP	Increasing Short	130	28.3013  GBP
12.5p ordinary	SWAP	Decreasing Short	546	28.1585  GBP
12.5p ordinary	SWAP	Decreasing Short	851	28.1600  GBP
12.5p ordinary	SWAP	Opening Long	94	28.1770  GBP
12.5p ordinary	SWAP	Closing Long	2	28.3400  GBP
12.5p ordinary	SWAP	Opening Long	8,170	28.1777  GBP
12.5p ordinary	SWAP	Decreasing Long	2,047	28.1600  GBP
12.5p ordinary	SWAP	Closing Long	527	28.2188  GBP
12.5p ordinary	SWAP	Decreasing Short	2,060	28.1600  GBP
12.5p ordinary	SWAP	Decreasing Short	5,028	28.1800  GBP
12.5p ordinary	SWAP	Decreasing Short	33	28.2000  GBP
12.5p ordinary	SWAP	Increasing Short	51	27.9007  GBP
12.5p ordinary	SWAP	Increasing Short	113	28.1000  GBP
12.5p ordinary	SWAP	Increasing Short	2,642	28.1149  GBP
12.5p ordinary	SWAP	Increasing Short	7,215	28.1600  GBP
12.5p ordinary	SWAP	Increasing Long	57	27.7359  GBP
12.5p ordinary	SWAP	Increasing Long	967	27.7812  GBP
12.5p ordinary	SWAP	Increasing Long	307	27.7879  GBP
12.5p ordinary	SWAP	Increasing Long	46	27.9266  GBP
12.5p ordinary	SWAP	Increasing Long	17	28.0195  GBP
12.5p ordinary	SWAP	Increasing Long	5,249	28.1597  GBP
12.5p ordinary	SWAP	Increasing Long	2,109	28.3130  GBP
12.5p ordinary	SWAP	Decreasing Long	795	28.0961  GBP
12.5p ordinary	SWAP	Decreasing Long	1,206	28.1275  GBP
12.5p ordinary	SWAP	Decreasing Long	136	28.1831  GBP
12.5p ordinary	SWAP	Decreasing Long	266	28.2223  GBP
12.5p ordinary	SWAP	Decreasing Long	79	28.2779  GBP
12.5p ordinary	SWAP	Decreasing Long	488	28.3137  GBP
12.5p ordinary	SWAP	Decreasing Long	378	28.3303  GBP
12.5p ordinary	SWAP	Decreasing Long	727	28.3328  GBP
12.5p ordinary	SWAP	Decreasing Long	523	28.3532  GBP
12.5p ordinary	SWAP	Decreasing Long	279	28.3587  GBP
12.5p ordinary	SWAP	Increasing Long	183	27.5672  GBP
12.5p ordinary	SWAP	Increasing Long	201	27.9732  GBP
12.5p ordinary	SWAP	Increasing Long	8,911	28.1718  GBP
12.5p ordinary	SWAP	Decreasing Short	3,153	28.1936  GBP
12.5p ordinary	SWAP	Increasing Short	992	27.7800  GBP
12.5p ordinary	SWAP	Increasing Short	4,888	28.1600  GBP
12.5p ordinary	SWAP	Increasing Short	1,280	28.3303  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:				29 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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