Source - LSE Regulatory
RNS Number : 0929W
Barclays PLC
11 July 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

 relevant securities this form relates:

BELLWAY PLC

(c)

Name of the party to the offer with which exempt

 principal trader is connected

 CREST NICHOLSON HOLDINGS PLC

(d)

Date position held/dealing undertaken:

10 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?

YES:
 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:

1,072,932

0.90%

204,696

0.17%

(2) Cash-settled derivatives:

157,578

0.13%

1,011,041

0.85%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

1,230,510

1.03%

1,215,737

1.02%

 








(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)

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

12.5p ordinary

Purchase

105798

25.7200  GBP

25.3568  GBP

12.5p ordinary

Sale

35879

25.6600  GBP

25.3600  GBP

 








(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

12.5p ordinary

CFD

Decreasing Short

326

25.4984  GBP

12.5p ordinary

CFD

Decreasing Short

410

25.5589  GBP

12.5p ordinary

CFD

Increasing Short

150

25.4128  GBP

12.5p ordinary

CFD

Increasing Short

939

25.5219  GBP

12.5p ordinary

CFD

Increasing Short

176

25.5600  GBP

12.5p ordinary

CFD

Increasing Short

2,265

25.6197  GBP

12.5p ordinary

SWAP

Decreasing Short

92

25.7199  GBP

12.5p ordinary

SWAP

Increasing Short

104

25.4218  GBP

12.5p ordinary

SWAP

Increasing Short

902

25.5612  GBP

12.5p ordinary

SWAP

Decreasing Short

69

25.5243  GBP

12.5p ordinary

SWAP

Opening Long

16

25.4000  GBP

12.5p ordinary

SWAP

Opening Short

5,111

25.5608  GBP

12.5p ordinary

SWAP

Decreasing Long

248

25.5638  GBP

12.5p ordinary

SWAP

Decreasing Short

6,734

25.5550  GBP

12.5p ordinary

SWAP

Decreasing Short

7,829

25.5578  GBP

12.5p ordinary

SWAP

Opening Long

97,070

25.8000  GBP

12.5p ordinary

SWAP

Opening Short

97,070

25.8000  GBP

12.5p ordinary

SWAP

Decreasing Short

80

25.5400  GBP

12.5p ordinary

SWAP

Decreasing Short

961

25.5932  GBP

12.5p ordinary

SWAP

Decreasing Short

145

25.6600  GBP

12.5p ordinary

SWAP

Increasing Short

41

25.4200  GBP

12.5p ordinary

SWAP

Increasing Short

1,127

25.5599  GBP

12.5p ordinary

SWAP

Increasing Short

15,872

25.5612  GBP

12.5p ordinary

SWAP

Increasing Short

3,775

25.5787  GBP

12.5p ordinary

SWAP

Increasing Short

43

25.6000  GBP

12.5p ordinary

SWAP

Increasing Short

1,120

25.6098  GBP

12.5p ordinary

SWAP

Increasing Long

149

25.4529  GBP

12.5p ordinary

SWAP

Increasing Long

14

25.5512  GBP

12.5p ordinary

SWAP

Increasing Long

25

25.5581  GBP

12.5p ordinary

SWAP

Increasing Long

9

25.5598  GBP

12.5p ordinary

SWAP

Increasing Long

6

25.5996  GBP

12.5p ordinary

SWAP

Increasing Long

152

25.6798  GBP

12.5p ordinary

SWAP

Decreasing Long

410

25.5240  GBP

12.5p ordinary

SWAP

Decreasing Long

2,302

25.5548  GBP

12.5p ordinary

SWAP

Decreasing Long

841

25.5601  GBP

12.5p ordinary

SWAP

Decreasing Long

2,651

25.5652  GBP

12.5p ordinary

SWAP

Decreasing Long

5,324

25.5660  GBP

12.5p ordinary

SWAP

Decreasing Long

1,709

25.5753  GBP

12.5p ordinary

SWAP

Decreasing Long

5,488

25.5793  GBP

12.5p ordinary

SWAP

Decreasing Long

1,011

25.5800  GBP

12.5p ordinary

SWAP

Decreasing Long

719

25.6102  GBP

12.5p ordinary

SWAP

Decreasing Long

705

25.6131  GBP

12.5p ordinary

SWAP

Decreasing Short

1,000

25.5974  GBP

12.5p ordinary

SWAP

Increasing Short

1,830

25.5630  GBP

12.5p ordinary

SWAP

Decreasing Long

2,844

25.5300  GBP

12.5p ordinary

SWAP

Decreasing Long

503

25.5575  GBP

12.5p ordinary

SWAP

Decreasing Long

357

25.5605  GBP

12.5p ordinary

SWAP

Decreasing Long

20,192

25.5636  GBP

12.5p ordinary

SWAP

Decreasing Short

2,405

25.4983  GBP

12.5p ordinary

SWAP

Decreasing Short

74

25.5047  GBP

12.5p ordinary

SWAP

Increasing Short

257

25.5705  GBP

12.5p ordinary

SWAP

Increasing Long

1,070

25.5264  GBP

12.5p ordinary

SWAP

Increasing Long

1,070

25.6699  GBP

12.5p ordinary

SWAP

Increasing Long

48

25.6600  GBP

12.5p ordinary

SWAP

Decreasing Long

8,063

25.5600  GBP

12.5p ordinary

SWAP

Decreasing Long

3,569

25.5764  GBP

12.5p ordinary

SWAP

Decreasing Long

2,658

25.5772  GBP

 








(c)

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)

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:

11 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
FEOFFLFFZDLEBBD
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Barclays PLC (BARC)

+0.05p (+0.02%)
delayed 04:00AM

Bellway PLC (BWY)

-12.00p (-0.44%)
delayed 04:00AM