RNS Number : 1130A
Barclays PLC
12 August 2024
 

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:

 

(c)

Name of the party to the offer with which exempt

CREST NICHOLSON HOLDINGS PLC

 

principal trader is connected

 

 

(d)

Date position held/dealing undertaken:

 

09 Aug 2024

(e)

In addition to the company in 1(b) above, is the exempt principal

YES:

 

 

 

trader making disclosures in respect of any other party to the offer?

CREST NICHOLSON HOLDINGS PLC

 

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(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:

12.5p ordinary

 

Interests

Short Positions

 

Number

(%)

Number

(%)

(1)

Relevant securities owned

 

 

 

 

 

and/or controlled:

 

 

1,315,693

1.11%

55,651

0.05%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

42,860

0.04%

1,151,073

0.97%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

1,358,553

1.14%

1,206,724

1.01%

(b)

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.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

 

 

 

 

 

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

 

 

 

 

 

 

 

 

(b)

Cash-settled derivative transactions

 

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

 

reference

unit

security

 

 

securities

 

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

 

 

 

 

 

 

 

 

(c)

Stock-settled derivative transactions (including options)

 

(i)

Writing, selling, purchasing or varying

 

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

 

date

money

relevant

 

selling,

securities

per unit

 

 

paid/

security

 

varying etc

to which

 

 

 

received

 

 

 

option

 

 

 

per unit

 

 

 

relates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(ii)

Exercising

 

 

 

 

 

 

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

 

 

securities

unit

 

 

 

 

 

 

 

 

 

 

 

 

 

(d)

Other dealings (including subscribing for new securities)

 

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

 

 

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:

12 Aug 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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