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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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CREST NICHOLSON HOLDINGS 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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20 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:
BELLWAY 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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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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1,343,566
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0.52%
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4,375,470
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1.70%
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(2)
Cash-settled derivatives:
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4,285,657
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1.67%
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1,100,299
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0.43%
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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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5,629,223
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2.19%
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5,475,769
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2.13%
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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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5p ordinary
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Sale
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209405
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2.4541
GBP
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2.4146
GBP
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5p ordinary
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Purchase
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162585
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2.4540
GBP
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2.4143
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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5p ordinary
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SWAP
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Decreasing
Long
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74
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2.4380
GBP
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5p ordinary
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SWAP
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Decreasing
Long
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200
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2.4400
GBP
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5p ordinary
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SWAP
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Decreasing
Long
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224
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2.4280
GBP
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5p ordinary
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SWAP
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Decreasing
Long
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670
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2.4192
GBP
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5p ordinary
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CFD
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Decreasing
Long
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1,318
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2.4201
GBP
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5p ordinary
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SWAP
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Decreasing
Long
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2,582
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2.4197
GBP
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5p ordinary
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SWAP
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Decreasing
Long
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3,157
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2.4296
GBP
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5p ordinary
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SWAP
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Decreasing
Long
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3,468
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2.4213
GBP
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5p ordinary
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SWAP
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Decreasing
Long
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3,644
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2.4000
GBP
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5p ordinary
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SWAP
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Decreasing
Long
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3,655
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2.4321
GBP
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5p ordinary
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SWAP
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Decreasing
Long
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4,017
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2.4217
GBP
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5p ordinary
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SWAP
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Decreasing
Long
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5,593
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2.4269
GBP
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5p ordinary
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CFD
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Decreasing
Long
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7,182
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2.4288
GBP
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5p ordinary
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SWAP
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Decreasing
Long
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7,828
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2.4206
GBP
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5p ordinary
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SWAP
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Decreasing
Long
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10,361
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2.4464
GBP
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5p ordinary
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SWAP
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Decreasing
Long
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20,646
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2.4540
GBP
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5p ordinary
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SWAP
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Decreasing
Long
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20,723
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2.4442
GBP
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5p ordinary
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SWAP
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Decreasing
Short
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109
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2.4299
GBP
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5p ordinary
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SWAP
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Decreasing
Short
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218
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2.4378
GBP
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5p ordinary
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SWAP
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Decreasing
Short
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4,330
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2.4218
GBP
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5p ordinary
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SWAP
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Decreasing
Short
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53,586
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2.4341
GBP
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5p ordinary
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SWAP
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Increasing
Long
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150
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2.4160
GBP
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5p ordinary
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SWAP
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Increasing
Long
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198
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2.4191
GBP
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5p ordinary
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SWAP
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Increasing
Long
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247
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2.4183
GBP
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5p ordinary
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SWAP
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Increasing
Long
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813
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2.4206
GBP
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5p ordinary
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SWAP
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Increasing
Long
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2,123
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2.4210
GBP
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5p ordinary
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SWAP
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Increasing
Long
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3,401
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2.4313
GBP
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5p ordinary
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SWAP
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Increasing
Long
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3,600
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2.4241
GBP
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5p ordinary
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SWAP
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Increasing
Long
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5,727
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2.4298
GBP
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5p ordinary
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SWAP
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Increasing
Long
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6,623
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2.4230
GBP
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5p ordinary
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CFD
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Increasing
Long
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9,374
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2.4354
GBP
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5p ordinary
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SWAP
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Increasing
Long
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54,198
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2.4540
GBP
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5p ordinary
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SWAP
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Increasing
Short
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250
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2.4136
GBP
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5p ordinary
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SWAP
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Increasing
Short
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2,285
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2.4227
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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21 Jun 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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