Form 8.5 (EPT/NON-RI) CREST NICHOLSON HOLDINGS PLC

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:

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:

05 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:

1,084,624

0.42%

4,171,801

1.62%

(2) Cash-settled derivatives:

3,974,721

1.55%

831,594

0.32%

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

0

0.00%

0

0.00%

TOTAL: 

5,059,345

1.97%

5,003,395

1.95%

(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

538442

2.6486 GBP

2.4740 GBP

5p ordinary

Purchase

1012049

2.7033 GBP

2.4741 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

2,857

2.6304 GBP

5p ordinary

SWAP

Decreasing Long

dff

2.5204 GBP

5p ordinary

CFD

Increasing Long

2,514

2.6080 GBP

5p ordinary

CFD

Decreasing Long

24,218

2.5002 GBP

5p ordinary

CFD

Decreasing Long

5,757

2.5341 GBP

5p ordinary

CFD

Decreasing Long

8,512

2.5639 GBP

5p ordinary

SWAP

Decreasing Short

2,160

2.5650 GBP

5p ordinary

SWAP

Increasing Short

100

2.5980 GBP

5p ordinary

SWAP

Increasing Long

1,400

2.4998 GBP

5p ordinary

SWAP

Increasing Long

3,560

2.5709 GBP

5p ordinary

SWAP

Closing Long

17,535

2.5000 GBP

5p ordinary

SWAP

Decreasing Long

97

2.4979 GBP

5p ordinary

SWAP

Decreasing Long

894

2.5000 GBP

5p ordinary

SWAP

Decreasing Long

71

2.5201 GBP

5p ordinary

SWAP

Decreasing Long

509

2.5278 GBP

5p ordinary

SWAP

Decreasing Long

1,709

2.5300 GBP

5p ordinary

SWAP

Decreasing Long

164

2.5569 GBP

5p ordinary

SWAP

Decreasing Long

891

2.5618 GBP

5p ordinary

SWAP

Decreasing Long

492

2.5729 GBP

5p ordinary

SWAP

Decreasing Long

207

2.6315 GBP

5p ordinary

SWAP

Decreasing Long

145

2.4979 GBP

5p ordinary

SWAP

Decreasing Long

1,326

2.5000 GBP

5p ordinary

SWAP

Decreasing Long

113

2.5201 GBP

5p ordinary

SWAP

Decreasing Long

749

2.5276 GBP

5p ordinary

SWAP

Decreasing Long

2,539

2.5300 GBP

5p ordinary

SWAP

Decreasing Long

237

2.5569 GBP

5p ordinary

SWAP

Decreasing Long

1,322

2.5628 GBP

5p ordinary

SWAP

Decreasing Long

733

2.5734 GBP

5p ordinary

SWAP

Decreasing Long

314

2.6315 GBP

5p ordinary

SWAP

Decreasing Short

154

2.5459 GBP

5p ordinary

SWAP

Increasing Long

1,164

2.5860 GBP

5p ordinary

SWAP

Increasing Long

175

2.4760 GBP

5p ordinary

SWAP

Increasing Long

1

2.4980 GBP

5p ordinary

SWAP

Increasing Long

68,456

2.5485 GBP

5p ordinary

SWAP

Increasing Long

2,094

2.5560 GBP

5p ordinary

SWAP

Decreasing Long

171,287

2.5000 GBP

5p ordinary

SWAP

Decreasing Long

79,810

2.5398 GBP

5p ordinary

SWAP

Increasing Long

1,354

2.4975 GBP

5p ordinary

SWAP

Increasing Long

29,623

2.5622 GBP

5p ordinary

SWAP

Increasing Long

5,256

2.5695 GBP

5p ordinary

SWAP

Increasing Long

15,317

2.6347 GBP

5p ordinary

SWAP

Increasing Long

36,073

2.6351 GBP

5p ordinary

SWAP

Decreasing Long

18,374

2.4995 GBP

5p ordinary

SWAP

Decreasing Long

13,016

2.5000 GBP

5p ordinary

SWAP

Decreasing Long

72,222

2.5072 GBP

5p ordinary

SWAP

Decreasing Long

19,158

2.5267 GBP

5p ordinary

SWAP

Decreasing Long

27,578

2.5324 GBP

5p ordinary

SWAP

Decreasing Long

21,417

2.5340 GBP

5p ordinary

SWAP

Decreasing Long

2,267

2.5466 GBP

5p ordinary

SWAP

Decreasing Long

6,206

2.5494 GBP

5p ordinary

SWAP

Decreasing Long

4,478

2.5545 GBP

5p ordinary

SWAP

Decreasing Long

6,425

2.5557 GBP

5p ordinary

SWAP

Decreasing Long

931

2.6008 GBP

5p ordinary

SWAP

Decreasing Short

375

2.6977 GBP

5p ordinary

SWAP

Increasing Short

1,875

2.5566 GBP

5p ordinary

SWAP

Decreasing Short

20,176

2.5327 GBP

5p ordinary

SWAP

Increasing Short

1,222

2.4973 GBP

5p ordinary

SWAP

Increasing Short

1,655

2.5252 GBP

5p ordinary

SWAP

Increasing Short

8,804

2.5327 GBP

5p ordinary

SWAP

Increasing Long

25,651

2.5468 GBP

5p ordinary

SWAP

Decreasing Long

68,441

2.5000 GBP

5p ordinary

SWAP

Decreasing Long

67,577

2.5533 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:

08 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213