Form 8.5 (EPT/NON-RI) - BELLWAY PLC

Barclays PLC
06 August 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:

05 Aug 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:

1,162,678

0.98%

115,966

0.10%

(2) Cash-settled derivatives:

79,991

0.07%

1,009,094

0.85%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

1,242,669

1.05%

1,125,060

0.95%

 








(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

94059

26.7200  GBP

26.2200  GBP

12.5p ordinary

Sale

58139

26.7226  GBP

26.2200  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

206

26.3535  GBP

12.5p ordinary

CFD

Decreasing Short

133

26.4633  GBP

12.5p ordinary

CFD

Decreasing Short

149

26.5778  GBP

12.5p ordinary

CFD

Decreasing Short

3,017

26.6600  GBP

12.5p ordinary

CFD

Decreasing Short

1,075

26.6958  GBP

12.5p ordinary

CFD

Increasing Short

665

26.2639  GBP

12.5p ordinary

CFD

Increasing Short

1,009

26.5011  GBP

12.5p ordinary

CFD

Increasing Short

2,412

26.5611  GBP

12.5p ordinary

CFD

Increasing Short

560

26.6281  GBP

12.5p ordinary

CFD

Increasing Short

3,223

26.6765  GBP

12.5p ordinary

CFD

Increasing Short

181

26.7221  GBP

12.5p ordinary

SWAP

Decreasing Short

1,049

26.4846  GBP

12.5p ordinary

SWAP

Increasing Short

99

26.6276  GBP

12.5p ordinary

SWAP

Increasing Long

47

26.4000  GBP

12.5p ordinary

SWAP

Increasing Long

1,543

26.4882  GBP

12.5p ordinary

SWAP

Increasing Long

2,618

26.6600  GBP

12.5p ordinary

SWAP

Closing Long

5,339

26.6201  GBP

12.5p ordinary

SWAP

Decreasing Short

15

26.6998  GBP

12.5p ordinary

SWAP

Decreasing Short

83

26.3000  GBP

12.5p ordinary

SWAP

Decreasing Short

363

26.4969  GBP

12.5p ordinary

SWAP

Decreasing Short

5,379

26.5549  GBP

12.5p ordinary

SWAP

Decreasing Short

9,453

26.6544  GBP

12.5p ordinary

SWAP

Decreasing Short

5,652

26.6579  GBP

12.5p ordinary

SWAP

Decreasing Short

93

26.6800  GBP

12.5p ordinary

SWAP

Decreasing Short

16

26.7200  GBP

12.5p ordinary

SWAP

Increasing Short

55

26.2400  GBP

12.5p ordinary

SWAP

Increasing Short

11,977

26.5658  GBP

12.5p ordinary

SWAP

Increasing Short

328

26.6485  GBP

12.5p ordinary

SWAP

Increasing Short

5,280

26.6600  GBP

12.5p ordinary

SWAP

Increasing Long

404

26.3274  GBP

12.5p ordinary

SWAP

Increasing Long

21

26.3891  GBP

12.5p ordinary

SWAP

Increasing Long

52

26.4498  GBP

12.5p ordinary

SWAP

Increasing Long

793

26.4533  GBP

12.5p ordinary

SWAP

Increasing Long

226

26.4556  GBP

12.5p ordinary

SWAP

Increasing Long

16

26.4598  GBP

12.5p ordinary

SWAP

Increasing Long

323

26.5576  GBP

12.5p ordinary

SWAP

Increasing Long

10

26.5958  GBP

12.5p ordinary

SWAP

Increasing Long

646

26.6828  GBP

12.5p ordinary

SWAP

Decreasing Long

19

26.2101  GBP

12.5p ordinary

SWAP

Decreasing Long

32

26.3602  GBP

12.5p ordinary

SWAP

Decreasing Long

2,787

26.4648  GBP

12.5p ordinary

SWAP

Decreasing Long

1,267

26.6085  GBP

12.5p ordinary

SWAP

Decreasing Long

51

26.6202  GBP

12.5p ordinary

SWAP

Decreasing Long

545

26.6452  GBP

12.5p ordinary

SWAP

Decreasing Long

28,687

26.6602  GBP

12.5p ordinary

SWAP

Decreasing Long

236

26.7145  GBP

12.5p ordinary

SWAP

Decreasing Short

45

26.4334  GBP

12.5p ordinary

SWAP

Opening Short

7,040

26.6626  GBP

12.5p ordinary

SWAP

Decreasing Short

327

26.6188  GBP

12.5p ordinary

SWAP

Decreasing Long

801

26.2150  GBP

12.5p ordinary

SWAP

Decreasing Long

801

26.6879  GBP

12.5p ordinary

SWAP

Decreasing Short

109

26.5600  GBP

12.5p ordinary

SWAP

Decreasing Short

10,966

26.6548  GBP

12.5p ordinary

SWAP

Decreasing Short

94

26.7200  GBP

12.5p ordinary

SWAP

Increasing Short

5,207

26.5783  GBP

12.5p ordinary

SWAP

Increasing Short

1,801

26.6600  GBP

12.5p ordinary

SWAP

Increasing Short

1,327

27.0000  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:

06 Aug 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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