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:

02 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:

1,116,793

0.43%

4,731,834

1.84%

(2) Cash-settled derivatives:

4,566,626

1.78%

869,848

0.34%

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

0

0.00%

0

0.00%

TOTAL: 

5,683,419

2.21%

5,601,682

2.18%

(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

246900

2.4800 GBP

2.4359 GBP

5p ordinary

Purchase

101915

2.4860 GBP

2.4509 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

Decreasing Long

6,228

2.4777 GBP

5p ordinary

CFD

Decreasing Long

3,893

2.4616 GBP

5p ordinary

SWAP

Decreasing Short

2,506

2.4579 GBP

5p ordinary

SWAP

Opening Long

2,265

2.4558 GBP

5p ordinary

SWAP

Increasing Long

1,702

2.4673 GBP

5p ordinary

SWAP

Decreasing Short

161

2.4539 GBP

5p ordinary

SWAP

Increasing Long

327

2.4480 GBP

5p ordinary

SWAP

Increasing Long

5,678

2.4553 GBP

5p ordinary

SWAP

Increasing Long

17,801

2.4560 GBP

5p ordinary

SWAP

Increasing Long

24,631

2.4720 GBP

5p ordinary

SWAP

Increasing Long

1,231

2.4724 GBP

5p ordinary

SWAP

Decreasing Long

274

2.4660 GBP

5p ordinary

SWAP

Decreasing Long

329

2.4780 GBP

5p ordinary

SWAP

Decreasing Long

1,353

2.4816 GBP

5p ordinary

SWAP

Increasing Long

1,061

2.4359 GBP

5p ordinary

SWAP

Increasing Long

67,952

2.4559 GBP

5p ordinary

SWAP

Decreasing Long

2,653

2.4503 GBP

5p ordinary

SWAP

Decreasing Long

5,446

2.4509 GBP

5p ordinary

SWAP

Decreasing Long

401

2.4520 GBP

5p ordinary

SWAP

Decreasing Long

105

2.4538 GBP

5p ordinary

SWAP

Decreasing Long

8,751

2.4560 GBP

5p ordinary

SWAP

Decreasing Long

1,560

2.4587 GBP

5p ordinary

SWAP

Decreasing Long

3,537

2.4633 GBP

5p ordinary

SWAP

Decreasing Long

3,446

2.4654 GBP

5p ordinary

SWAP

Decreasing Long

13,054

2.4657 GBP

5p ordinary

SWAP

Decreasing Long

2,980

2.4692 GBP

5p ordinary

SWAP

Increasing Short

50

2.4782 GBP

5p ordinary

SWAP

Decreasing Short

164

2.4558 GBP

5p ordinary

SWAP

Decreasing Short

19,395

2.4576 GBP

5p ordinary

SWAP

Decreasing Short

390

2.4642 GBP

5p ordinary

SWAP

Increasing Short

679

2.4581 GBP

5p ordinary

SWAP

Increasing Long

19,657

2.4560 GBP

5p ordinary

SWAP

Increasing Long

4,515

2.4577 GBP

5p ordinary

SWAP

Increasing Long

13,536

2.4658 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:

03 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213