Form 8.5 (EPT/NON-RI)-Crest Nichol Hldgs plc Amend

FORM 8.5 (EPT/NON-RI) - Amendment to 2a and 3b

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:

CREST NICHOLSON HOLDINGS 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: BELLWAY 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:

5p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,124,064

0.44%

4,272,254

1.66%

(2) Cash-settled derivatives:

3,859,378

1.50%

798,101

0.31%

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

0

0.00%

0

0.00%

TOTAL: 

4,983,442

1.94%

5,070,355

1.97%

(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

5p ordinary

Sale

594090

2.4530 GBP

2.3619 GBP

5p ordinary

Purchase

605977

2.4960 GBP

2.3618 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

5p ordinary

SWAP

Increasing Long

6,231

2.4309 GBP

5p ordinary

SWAP

Decreasing Long

15,612

2.3620 GBP

5p ordinary

CFD

Decreasing Long

9,752

2.4166 GBP

5p ordinary

SWAP

Decreasing Long

15,096

2.3969 GBP

5p ordinary

SWAP

Decreasing Long

841

2.4399 GBP

5p ordinary

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

SWAP

Decreasing Short

3,390

2.4403 GBP

5p ordinary

SWAP

Increasing Long

1,234

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

2.4051 GBP

5p ordinary

SWAP

Increasing Long

4,008

2.4362 GBP

5p ordinary

SWAP

Increasing Long

28,236

2.4423 GBP

5p ordinary

SWAP

Increasing Long

6,101

2.4440 GBP

5p ordinary

SWAP

Decreasing Long

107,277

2.3620 GBP

5p ordinary

SWAP

Decreasing Long

3,109

2.4033 GBP

5p ordinary

SWAP

Decreasing Long

48,875

2.4331 GBP

5p ordinary

SWAP

Decreasing Long

1,711

2.4530 GBP

5p ordinary

SWAP

Increasing Long

27,403

2.3619 GBP

5p ordinary

SWAP

Increasing Long

716

2.4019 GBP

5p ordinary

SWAP

Increasing Long

1,042

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

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

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

SWAP

Increasing Short

2,500

2.4903 GBP

5p ordinary

SWAP

Decreasing Long

331

2.4762 GBP

5p ordinary

SWAP

Increasing Long

9,366

2.3961 GBP

5p ordinary

SWAP

Decreasing Short

17,293

2.4108 GBP

5p ordinary

SWAP

Increasing Short

7,434

2.4039 GBP

5p ordinary

SWAP

Increasing Short

1,061

2.4054 GBP

5p ordinary

SWAP

Increasing Long

2,310

2.4367 GBP

5p ordinary

SWAP

Increasing Long

14,184

2.4507 GBP

5p ordinary

SWAP

Decreasing Long

55,943

2.3620 GBP

5p ordinary

SWAP

Decreasing Long

2,628

2.4024 GBP

5p ordinary

SWAP

Decreasing Long

13,241

2.4046 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:

12 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213