FORM 8.5
(EPT/NON-RI)
|
PUBLIC OPENING POSITION
DISCLOSURE/DEALING DISCLOSURE BY AN
|
EXEMPT PRINCIPAL TRADER
WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
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(OR WHERE RI STATUS IS NOT
APPLICABLE)
|
Rule 8.5 of the Takeover Code
(the "Code")
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1.
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KEY
INFORMATION
|
(a)
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Name of exempt principal trader:
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BARCLAYS CAPITAL SECURITIES LTD
|
(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
|
(c)
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Name of the party to the offer with which exempt
principal trader is connected
|
CREST NICHOLSON HOLDINGS PLC
|
(d)
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Date position held/dealing undertaken:
|
05 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?
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YES:
BELLWAY PLC
|
2.
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POSITIONS OF THE EXEMPT PRINCIPAL TRADER
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(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:
|
5p
ordinary
|
|
Interests
|
Short
Positions
|
Number
|
(%)
|
Number
|
(%)
|
(1)
Relevant securities owned and/or controlled:
|
1,084,624
|
0.42%
|
4,171,801
|
1.62%
|
(2)
Cash-settled derivatives:
|
3,974,721
|
1.55%
|
831,594
|
0.32%
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
TOTAL:
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5,059,345
|
1.97%
|
5,003,395
|
1.95%
|
|
|
|
|
|
|
|
|
(b)
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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.
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DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
|
(a)
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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
|
5p ordinary
|
Sale
|
538442
|
2.6486
GBP
|
2.4740
GBP
|
5p ordinary
|
Purchase
|
1012049
|
2.7033
GBP
|
2.4741
GBP
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
Class of
relevant
security
|
Product
description
|
Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
5p ordinary
|
SWAP
|
Increasing
Long
|
2,857
|
2.6304
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
dff
|
2.5204
GBP
|
5p ordinary
|
CFD
|
Increasing
Long
|
2,514
|
2.6080
GBP
|
5p ordinary
|
CFD
|
Decreasing
Long
|
24,218
|
2.5002
GBP
|
5p ordinary
|
CFD
|
Decreasing
Long
|
5,757
|
2.5341
GBP
|
5p ordinary
|
CFD
|
Decreasing
Long
|
8,512
|
2.5639
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Short
|
2,160
|
2.5650
GBP
|
5p ordinary
|
SWAP
|
Increasing
Short
|
100
|
2.5980
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
1,400
|
2.4998
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
3,560
|
2.5709
GBP
|
5p ordinary
|
SWAP
|
Closing
Long
|
17,535
|
2.5000
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
97
|
2.4979
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
894
|
2.5000
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
71
|
2.5201
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
509
|
2.5278
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
1,709
|
2.5300
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
164
|
2.5569
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
891
|
2.5618
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
492
|
2.5729
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
207
|
2.6315
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
145
|
2.4979
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
1,326
|
2.5000
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
113
|
2.5201
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
749
|
2.5276
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
2,539
|
2.5300
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
237
|
2.5569
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
1,322
|
2.5628
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
733
|
2.5734
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
314
|
2.6315
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Short
|
154
|
2.5459
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
1,164
|
2.5860
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
175
|
2.4760
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
1
|
2.4980
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
68,456
|
2.5485
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
2,094
|
2.5560
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
171,287
|
2.5000
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
79,810
|
2.5398
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
1,354
|
2.4975
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
29,623
|
2.5622
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
5,256
|
2.5695
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
15,317
|
2.6347
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
36,073
|
2.6351
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
18,374
|
2.4995
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
13,016
|
2.5000
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
72,222
|
2.5072
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
19,158
|
2.5267
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
27,578
|
2.5324
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
21,417
|
2.5340
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
2,267
|
2.5466
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
6,206
|
2.5494
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
4,478
|
2.5545
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
6,425
|
2.5557
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
931
|
2.6008
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Short
|
375
|
2.6977
GBP
|
5p ordinary
|
SWAP
|
Increasing
Short
|
1,875
|
2.5566
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Short
|
20,176
|
2.5327
GBP
|
5p ordinary
|
SWAP
|
Increasing
Short
|
1,222
|
2.4973
GBP
|
5p ordinary
|
SWAP
|
Increasing
Short
|
1,655
|
2.5252
GBP
|
5p ordinary
|
SWAP
|
Increasing
Short
|
8,804
|
2.5327
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
25,651
|
2.5468
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
68,441
|
2.5000
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
67,577
|
2.5533
GBP
|
|
|
|
|
|
|
|
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(c)
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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)
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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:
|
08 Jul 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|