Form 8.5 (EPT/NON-RI) BELLWAY PLC Amendment

FORM 8.5 Amendment to 2a and 3a

Replaces form Released at 23/07/2024 11:20

 RNS Number : 4865X

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:

22 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:

1,055,396

0.89%

269,015

0.23%

(2) Cash-settled derivatives:

169,106

0.14%

961,781

0.81%

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

0

0.00%

0

0.00%

TOTAL: 

1,224,502

1.03%

1,230,796

1.03%

(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

84093

27.3600 GBP

26.8800 GBP

12.5p ordinary

Sale

92504

27.3600 GBP

26.8800 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

12

26.9800 GBP

12.5p ordinary

CFD

Decreasing Short

200

27.3151 GBP

12.5p ordinary

CFD

Increasing Short

686

26.9416 GBP

12.5p ordinary

CFD

Increasing Short

2,421

26.9821 GBP

12.5p ordinary

CFD

Increasing Short

212

27.0366 GBP

12.5p ordinary

SWAP

Decreasing Short

374

27.1737 GBP

12.5p ordinary

SWAP

Increasing Short

86

27.4493 GBP

12.5p ordinary

SWAP

Increasing Short

282

26.9813 GBP

12.5p ordinary

SWAP

Increasing Short

49

27.1800 GBP

12.5p ordinary

SWAP

Opening Long

143

26.9800 GBP

12.5p ordinary

SWAP

Closing Long

62

27.1625 GBP

12.5p ordinary

SWAP

Increasing Long

2,671

27.0004 GBP

12.5p ordinary

SWAP

Decreasing Long

2,189

26.9800 GBP

12.5p ordinary

SWAP

Closing Long

785

27.1029 GBP

12.5p ordinary

SWAP

Decreasing Short

1

27.2200 GBP

12.5p ordinary

SWAP

Decreasing Short

61

27.2400 GBP

12.5p ordinary

SWAP

Decreasing Short

401

27.2755 GBP

12.5p ordinary

SWAP

Increasing Short

6,921

26.9800 GBP

12.5p ordinary

SWAP

Increasing Short

1,577

27.0629 GBP

12.5p ordinary

SWAP

Increasing Short

20

27.2200 GBP

12.5p ordinary

SWAP

Increasing Short

57

27.3400 GBP

12.5p ordinary

SWAP

Increasing Long

9

26.9553 GBP

12.5p ordinary

SWAP

Increasing Long

12,575

26.9797 GBP

12.5p ordinary

SWAP

Increasing Long

58

27.0397 GBP

12.5p ordinary

SWAP

Increasing Long

20

27.0515 GBP

12.5p ordinary

SWAP

Increasing Long

92

27.0703 GBP

12.5p ordinary

SWAP

Increasing Long

657

27.0736 GBP

12.5p ordinary

SWAP

Increasing Long

926

27.1135 GBP

12.5p ordinary

SWAP

Increasing Long

491

27.1442 GBP

12.5p ordinary

SWAP

Increasing Long

332

27.1879 GBP

12.5p ordinary

SWAP

Decreasing Long

45

26.9202 GBP

12.5p ordinary

SWAP

Decreasing Long

129

27.0444 GBP

12.5p ordinary

SWAP

Decreasing Long

258

27.0634 GBP

12.5p ordinary

SWAP

Decreasing Long

464

27.0866 GBP

12.5p ordinary

SWAP

Decreasing Long

72

27.1043 GBP

12.5p ordinary

SWAP

Decreasing Short

15

26.9398 GBP

12.5p ordinary

SWAP

Decreasing Long

648

26.9356 GBP

12.5p ordinary

SWAP

Decreasing Long

9,641

26.9805 GBP

12.5p ordinary

SWAP

Decreasing Long

2,047

27.0165 GBP

12.5p ordinary

SWAP

Decreasing Long

539

27.0278 GBP

12.5p ordinary

SWAP

Decreasing Long

427

27.2163 GBP

12.5p ordinary

SWAP

Decreasing Long

248

27.2530 GBP

12.5p ordinary

SWAP

Decreasing Long

47

27.2805 GBP

12.5p ordinary

SWAP

Decreasing Short

106

27.2203 GBP

12.5p ordinary

SWAP

Increasing Short

5,150

26.9800 GBP

12.5p ordinary

SWAP

Increasing Short

497

27.1002 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:

24 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213