FORM 8.5 (EPT/NON-RI) -
Amendment to 2a and 3b
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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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CREST NICHOLSON HOLDINGS 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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10 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:
BELLWAY 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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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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1,124,064
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0.44%
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4,272,254
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1.66%
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(2)
Cash-settled derivatives:
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3,859,378
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1.50%
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798,101
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0.31%
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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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4,983,442
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1.94%
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5,070,355
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1.97%
|
|
|
|
|
|
|
|
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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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|
|
|
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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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5p ordinary
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Sale
|
594090
|
2.4530
GBP
|
2.3619
GBP
|
5p ordinary
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Purchase
|
605977
|
2.4960
GBP
|
2.3618
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
|
5p ordinary
|
SWAP
|
Increasing
Long
|
6,231
|
2.4309
GBP
|
5p ordinary
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SWAP
|
Decreasing
Long
|
15,612
|
2.3620
GBP
|
5p ordinary
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CFD
|
Decreasing
Long
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9,752
|
2.4166
GBP
|
5p ordinary
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SWAP
|
Decreasing
Long
|
15,096
|
2.3969
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
841
|
2.4399
GBP
|
5p ordinary
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SWAP
|
Decreasing
Long
|
1,262
|
2.4501
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
676
|
2.4705
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
801
|
2.4762
GBP
|
5p ordinary
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SWAP
|
Decreasing
Short
|
3,390
|
2.4403
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
1,234
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2.3618
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
1,539
|
2.4556
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
736
|
2.4319
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Short
|
190
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2.4051
GBP
|
5p ordinary
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SWAP
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Increasing
Long
|
4,008
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2.4362
GBP
|
5p ordinary
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SWAP
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Increasing
Long
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28,236
|
2.4423
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
6,101
|
2.4440
GBP
|
5p ordinary
|
SWAP
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Decreasing
Long
|
107,277
|
2.3620
GBP
|
5p ordinary
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SWAP
|
Decreasing
Long
|
3,109
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2.4033
GBP
|
5p ordinary
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SWAP
|
Decreasing
Long
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48,875
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2.4331
GBP
|
5p ordinary
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SWAP
|
Decreasing
Long
|
1,711
|
2.4530
GBP
|
5p ordinary
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SWAP
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Increasing
Long
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27,403
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2.3619
GBP
|
5p ordinary
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SWAP
|
Increasing
Long
|
716
|
2.4019
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
1,042
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2.4144
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
10,008
|
2.4270
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
24,654
|
2.4317
GBP
|
5p ordinary
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SWAP
|
Increasing
Long
|
83
|
2.4499
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
|
3,218
|
2.4631
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
2,018
|
2.3986
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
1,271
|
2.4280
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
4,439
|
2.4352
GBP
|
5p ordinary
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SWAP
|
Decreasing
Long
|
391
|
2.4560
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
1,699
|
2.4600
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
3,675
|
2.4626
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
1,752
|
2.4720
GBP
|
5p ordinary
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SWAP
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Increasing
Short
|
2,500
|
2.4903
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
|
331
|
2.4762
GBP
|
5p ordinary
|
SWAP
|
Increasing
Long
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9,366
|
2.3961
GBP
|
5p ordinary
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SWAP
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Decreasing
Short
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17,293
|
2.4108
GBP
|
5p ordinary
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SWAP
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Increasing
Short
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7,434
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2.4039
GBP
|
5p ordinary
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SWAP
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Increasing
Short
|
1,061
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2.4054
GBP
|
5p ordinary
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SWAP
|
Increasing
Long
|
2,310
|
2.4367
GBP
|
5p ordinary
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SWAP
|
Increasing
Long
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14,184
|
2.4507
GBP
|
5p ordinary
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SWAP
|
Decreasing
Long
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55,943
|
2.3620
GBP
|
5p ordinary
|
SWAP
|
Decreasing
Long
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2,628
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2.4024
GBP
|
5p ordinary
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SWAP
|
Decreasing
Long
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13,241
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2.4046
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
|
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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|
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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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12 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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