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FORM 8.5
(EPT/NON-RI)
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PUBLIC OPENING POSITION
DISCLOSURE/DEALING DISCLOSURE BY AN
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EXEMPT PRINCIPAL TRADER
WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
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(OR WHERE RI STATUS IS NOT
APPLICABLE)
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Rule 8.5 of the Takeover Code
(the "Code")
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1.
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KEY
INFORMATION
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(a)
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Name of exempt principal trader:
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BARCLAYS CAPITAL SECURITIES LTD
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(b)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
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BELLWAY PLC
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(c)
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Name of the party to the offer with which exempt
principal trader is connected
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CREST NICHOLSON HOLDINGS PLC
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(d)
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Date position held/dealing undertaken:
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28 Jun 2024
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(e)
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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?
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YES:
CREST NICHOLSON HOLDINGS PLC
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2.
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POSITIONS OF THE EXEMPT PRINCIPAL TRADER
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(a)
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Interests and short positions in the relevant securities of
the offeror or offeree
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to
which the disclosure relates following the dealing (if
any)
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Class of relevant security:
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12.5p ordinary
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Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
Relevant securities owned and/or controlled:
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1,072,437
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0.90%
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215,537
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0.18%
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(2)
Cash-settled derivatives:
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170,587
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0.14%
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1,021,262
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0.86%
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(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
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0
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0.00%
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0
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0.00%
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TOTAL:
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1,243,024
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1.04%
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1,236,799
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1.04%
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(b)
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Rights to subscribe for new securities (including directors
and other executive options)
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Class of relevant security in relation to
which subscription right exists
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Details, including nature of the rights
concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
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(a)
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Purchase and sales
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Class of relevant
security
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Purchase/sale
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Total number of
securities
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Highest price per unit
paid/received
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Lowest price per unit
paid/received
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12.5p
ordinary
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Purchase
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32125
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25.6600
GBP
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25.3600
GBP
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12.5p
ordinary
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Sale
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37327
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25.6625
GBP
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25.3574
GBP
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(b)
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Cash-settled derivative transactions
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Class of
relevant
security
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Product
description
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Nature of
dealing
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Number of
reference
securities
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Price per
unit
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12.5p
ordinary
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CFD
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Decreasing
Short
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2,501
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25.4035
GBP
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12.5p
ordinary
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CFD
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Decreasing
Short
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657
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25.4585
GBP
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12.5p
ordinary
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CFD
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Decreasing
Short
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574
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25.4686
GBP
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12.5p
ordinary
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CFD
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Decreasing
Short
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2,465
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25.5371
GBP
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12.5p
ordinary
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CFD
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Decreasing
Short
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195
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25.5884
GBP
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12.5p
ordinary
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CFD
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Increasing
Short
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827
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25.3600
GBP
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12.5p
ordinary
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CFD
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Increasing
Short
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740
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25.4912
GBP
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12.5p
ordinary
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CFD
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Increasing
Short
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2,465
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25.5371
GBP
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12.5p
ordinary
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CFD
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Increasing
Short
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25
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25.5556
GBP
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12.5p
ordinary
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CFD
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Increasing
Short
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826
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25.5753
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Short
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134
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25.3940
GBP
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12.5p
ordinary
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SWAP
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Opening
Long
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11
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25.4836
GBP
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12.5p
ordinary
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SWAP
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Opening
Short
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1,396
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25.3612
GBP
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12.5p
ordinary
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SWAP
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Increasing
Long
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12,106
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25.3574
GBP
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12.5p
ordinary
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SWAP
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Increasing
Long
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4,190
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25.3761
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Short
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1,673
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25.3600
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Short
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391
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25.5324
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Short
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217
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25.5392
GBP
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12.5p
ordinary
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SWAP
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Increasing
Short
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1,546
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25.3600
GBP
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12.5p
ordinary
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SWAP
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Increasing
Short
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59
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25.5600
GBP
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12.5p
ordinary
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SWAP
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Increasing
Short
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1,951
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25.5938
GBP
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12.5p
ordinary
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SWAP
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Increasing
Short
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34
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25.6200
GBP
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12.5p
ordinary
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SWAP
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Increasing
Long
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113
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25.4180
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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11,967
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25.3601
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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79
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25.4058
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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497
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25.4399
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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165
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25.4401
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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999
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25.4548
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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495
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25.4793
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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110
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25.4806
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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325
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25.5166
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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2,206
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25.5189
GBP
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12.5p
ordinary
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SWAP
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Opening
Long
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1,007
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25.3654
GBP
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12.5p
ordinary
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SWAP
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Increasing
Long
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18
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25.4789
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Short
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254
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25.3594
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Short
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20
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25.3596
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Short
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22
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25.5994
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Short
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1,399
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25.3990
GBP
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12.5p
ordinary
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SWAP
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Increasing
Short
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2,223
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25.5535
GBP
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12.5p
ordinary
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SWAP
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Increasing
Short
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191
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25.6125
GBP
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12.5p
ordinary
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SWAP
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Increasing
Long
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245
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25.5300
GBP
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12.5p
ordinary
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SWAP
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Increasing
Long
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144
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25.5566
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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1,058
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25.3600
GBP
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(c)
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Stock-settled derivative transactions (including
options)
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(i)
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Writing, selling, purchasing or varying
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Class
of
relevant
security
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Product
description
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Writing,
purchasing,
selling,
varying etc
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Number
of
securities
to which
option
relates
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Exercise
price
per unit
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Type
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Expiry
date
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Option
money
paid/
received
per unit
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(ii)
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Exercising
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Class of relevant
security
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Product
description
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Exercising/ exercised
against
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Number of
securities
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Exercise price per
unit
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(d)
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Other dealings (including subscribing for new
securities)
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Class of relevant
security
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Nature of
Dealings
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Details
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Price per unit (if
applicable)
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4.
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OTHER INFORMATION
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(a)
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Indemnity and other dealings arrangements
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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:
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NONE
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(b)
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Agreements, arrangements or understandings relating to options
or derivatives
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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:
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NONE
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(c)
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Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
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NO
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Date of disclosure:
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01 Jul 2024
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Contact name:
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Large Holdings Regulatory
Operations
|
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Telephone number:
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020 3134
7213
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