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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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01 Jul 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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1,075,455
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0.90%
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207,976
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0.17%
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(2)
Cash-settled derivatives:
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163,402
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0.14%
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1,024,644
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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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1,238,857
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1.04%
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1,232,620
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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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39777
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25.7649
GBP
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25.4000
GBP
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12.5p
ordinary
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Sale
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29198
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25.8000
GBP
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25.3989
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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884
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25.6565
GBP
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12.5p
ordinary
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CFD
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Decreasing
Short
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1,674
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25.6822
GBP
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12.5p
ordinary
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CFD
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Increasing
Short
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240
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25.4000
GBP
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12.5p
ordinary
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CFD
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Increasing
Short
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2,444
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25.4020
GBP
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12.5p
ordinary
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CFD
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Increasing
Short
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2,316
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25.4022
GBP
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12.5p
ordinary
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CFD
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Increasing
Short
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1,834
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25.6427
GBP
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12.5p
ordinary
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CFD
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Increasing
Short
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644
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25.6566
GBP
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12.5p
ordinary
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CFD
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Increasing
Short
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376
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25.6615
GBP
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12.5p
ordinary
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SWAP
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Increasing
Short
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62
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25.7599
GBP
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12.5p
ordinary
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SWAP
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Opening
Long
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2,882
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25.4000
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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1,495
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25.4012
GBP
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12.5p
ordinary
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SWAP
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Closing
Long
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2
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25.6000
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Short
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476
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25.4000
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Short
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130
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25.6400
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Short
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3,205
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25.6496
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Short
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206
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25.7100
GBP
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12.5p
ordinary
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SWAP
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Increasing
Short
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1
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24.8000
GBP
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12.5p
ordinary
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SWAP
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Increasing
Short
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918
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25.4000
GBP
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12.5p
ordinary
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SWAP
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Increasing
Short
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269
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25.6974
GBP
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12.5p
ordinary
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SWAP
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Increasing
Short
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23
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25.7000
GBP
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12.5p
ordinary
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SWAP
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Increasing
Long
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24
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25.3998
GBP
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12.5p
ordinary
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SWAP
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Increasing
Long
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214
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25.6154
GBP
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12.5p
ordinary
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SWAP
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Increasing
Long
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824
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25.6164
GBP
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12.5p
ordinary
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SWAP
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Increasing
Long
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1,186
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25.6193
GBP
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12.5p
ordinary
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SWAP
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Increasing
Long
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204
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25.6249
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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6,268
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25.4001
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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273
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25.6838
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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894
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25.6933
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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226
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25.7201
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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151
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25.7487
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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1,591
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25.7488
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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190
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25.7719
GBP
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12.5p
ordinary
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SWAP
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Increasing
Long
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26
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25.3989
GBP
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12.5p
ordinary
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SWAP
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Increasing
Long
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98
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25.6822
GBP
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12.5p
ordinary
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SWAP
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Increasing
Long
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117
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25.6888
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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1,615
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25.4073
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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8
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25.5410
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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90
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25.5608
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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425
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25.5744
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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332
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25.5808
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Long
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186
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25.5849
GBP
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12.5p
ordinary
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SWAP
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Opening
Long
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1,403
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25.3994
GBP
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12.5p
ordinary
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SWAP
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Increasing
Long
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38
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25.5168
GBP
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12.5p
ordinary
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SWAP
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Decreasing
Short
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2,424
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25.5281
GBP
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12.5p
ordinary
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SWAP
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Increasing
Short
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4,677
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25.7611
GBP
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12.5p
ordinary
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SWAP
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Increasing
Long
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968
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25.6570
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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02 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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