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 |
| BELLWAY PLC | ||||
| relevant securities this form relates: |
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(c) | Name of the party to the offer with which exempt | CREST NICHOLSON HOLDINGS PLC | |||||
| principal trader is connected |
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(d) | Date position held/dealing undertaken: |
| 09 Aug 2024 | ||||
(e) | In addition to the company in 1(b) above, is the exempt principal | YES: |
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| trader making disclosures in respect of any other party to the offer? | CREST NICHOLSON HOLDINGS PLC |
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2. | POSITIONS OF THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | 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: | 12.5p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 1,315,693 | 1.11% | 55,651 | 0.05% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 42,860 | 0.04% | 1,151,073 | 0.97% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 1,358,553 | 1.14% | 1,206,724 | 1.01% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Total number of | Highest price per unit | Lowest price per unit | |||
security |
| securities | paid/received | paid/received | |||
12.5p ordinary | Purchase | 86,447 | 27.4842 GBP | 26.7016 GBP | |||
12.5p ordinary | Sale | 86,331 | 27.5124 GBP | 26.2600 GBP | |||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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12.5p ordinary | CFD | Decreasing Short | 681 | 26.6287 GBP | |||
12.5p ordinary | CFD | Decreasing Short | 1 | 27.3600 GBP | |||
12.5p ordinary | CFD | Decreasing Short | 26,212 | 27.4800 GBP | |||
12.5p ordinary | CFD | Increasing Short | 221 | 27.2217 GBP | |||
12.5p ordinary | CFD | Increasing Short | 1,168 | 27.2958 GBP | |||
12.5p ordinary | CFD | Increasing Short | 430 | 27.3344 GBP | |||
12.5p ordinary | CFD | Increasing Short | 78 | 27.4175 GBP | |||
12.5p ordinary | SWAP | Decreasing Short | 169 | 27.3214 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 312 | 27.1784 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 63 | 27.2802 GBP | |||
12.5p ordinary | SWAP | Opening Long | 25 | 27.3624 GBP | |||
12.5p ordinary | SWAP | Increasing Long | 426 | 27.4786 GBP | |||
12.5p ordinary | SWAP | Closing Long | 445 | 27.4800 GBP | |||
12.5p ordinary | SWAP | Opening Short | 34 | 27.2800 GBP | |||
12.5p ordinary | SWAP | Increasing Long | 2,540 | 27.4165 GBP | |||
12.5p ordinary | SWAP | Decreasing Long | 1,545 | 27.1815 GBP | |||
12.5p ordinary | SWAP | Closing Long | 2,459 | 27.4800 GBP | |||
12.5p ordinary | SWAP | Decreasing Long | 1,170 | 27.4841 GBP | |||
12.5p ordinary | SWAP | Decreasing Long | 33 | 27.4842 GBP | |||
12.5p ordinary | SWAP | Decreasing Short | 15 | 27.4798 GBP | |||
12.5p ordinary | SWAP | Decreasing Short | 141 | 27.3073 GBP | |||
12.5p ordinary | SWAP | Decreasing Short | 11,492 | 27.3398 GBP | |||
12.5p ordinary | SWAP | Decreasing Short | 45 | 27.3884 GBP | |||
12.5p ordinary | SWAP | Decreasing Short | 2,123 | 27.4686 GBP | |||
12.5p ordinary | SWAP | Decreasing Short | 1,226 | 27.4800 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 11 | 26.2600 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 7,722 | 27.1412 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 187 | 27.2479 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 90 | 27.3800 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 179 | 27.3940 GBP | |||
12.5p ordinary | SWAP | Decreasing Short | 4,285 | 27.3643 GBP | |||
12.5p ordinary | SWAP | Decreasing Short | 237 | 27.4797 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 1,814 | 27.2712 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 4,204 | 27.2782 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 66 | 27.3075 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 9,006 | 27.3210 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 157 | 27.3430 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 311 | 27.3734 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 1,555 | 27.3752 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 104 | 27.3773 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 23 | 27.4289 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 28 | 27.4402 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 1,964 | 27.4802 GBP | |||
12.5p ordinary | SWAP | Closing Short | 1,635 | 26.2600 GBP | |||
12.5p ordinary | SWAP | Opening Short | 616 | 27.2275 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 1,406 | 27.2369 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 1,495 | 27.2408 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 1,433 | 27.2651 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 1,538 | 27.2732 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 1,079 | 27.3024 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 1,417 | 27.3070 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 1,580 | 27.3178 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 2,136 | 27.3660 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 2,472 | 27.3720 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 3,161 | 27.3732 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 1,474 | 27.3774 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 1,437 | 27.4083 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 6,100 | 27.4591 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 1,952 | 27.4810 GBP | |||
12.5p ordinary | SWAP | Decreasing Short | 15 | 27.3998 GBP | |||
12.5p ordinary | SWAP | Decreasing Short | 5,728 | 27.4242 GBP | |||
12.5p ordinary | SWAP | Opening Long | 5,550 | 27.5124 GBP | |||
12.5p ordinary | SWAP | Decreasing Short | 5,065 | 27.3635 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 639 | 27.2750 GBP | |||
12.5p ordinary | SWAP | Increasing Short | 1,535 | 27.4800 GBP | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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| relates |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the exempt principal trader making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 12 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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