Form 8.5 (EPT/NON-RI) - Crest Nicholson Hold Plc
Source: RNS
FORM 8.5 (EPT/NON-RI) |
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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. |
KEY INFORMATION |
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(a) |
Name of exempt principal trader: |
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BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose |
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CREST NICHOLSON HOLDINGS PLC |
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relevant securities this form relates: |
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(c) |
Name of the party to the offer with which exempt |
CREST NICHOLSON HOLDINGS PLC |
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principal trader is connected |
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(d) |
Date position held/dealing undertaken: |
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13 Aug 2024 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal |
YES: |
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trader making disclosures in respect of any other party to the offer? |
BELLWAY PLC |
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2. |
POSITIONS OF THE EXEMPT PRINCIPAL TRADER |
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(a) |
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: |
5p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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2,343,363 |
0.91% |
2,959,768 |
1.15% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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2,818,904 |
1.10% |
1,916,480 |
0.75% |
(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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5,162,267 |
2.01% |
4,876,248 |
1.90% |
(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Total number of |
Highest price per unit |
Lowest price per unit |
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security |
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securities |
paid/received |
paid/received |
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5p ordinary |
Purchase |
2,119,801 |
2.6044 GBP |
2.0840 GBP |
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5p ordinary |
Sale |
933,956 |
2.6379 GBP |
2.0840 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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5p ordinary |
SWAP |
Opening Long |
5,087 |
2.2174 GBP |
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5p ordinary |
SWAP |
Increasing Long |
34,737 |
2.1814 GBP |
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5p ordinary |
SWAP |
Decreasing Long |
12,164 |
2.0880 GBP |
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5p ordinary |
CFD |
Increasing Long |
373 |
2.1910 GBP |
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5p ordinary |
CFD |
Increasing Long |
7,430 |
2.2344 GBP |
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5p ordinary |
CFD |
Decreasing Long |
7,254 |
2.3131 GBP |
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5p ordinary |
CFD |
Decreasing Long |
31 |
2.3603 GBP |
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5p ordinary |
SWAP |
Decreasing Short |
1,851 |
2.2782 GBP |
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5p ordinary |
SWAP |
Decreasing Short |
316 |
2.1284 GBP |
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5p ordinary |
SWAP |
Decreasing Short |
38,989 |
2.1606 GBP |
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5p ordinary |
SWAP |
Increasing Short |
20,288 |
2.0880 GBP |
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5p ordinary |
SWAP |
Increasing Short |
7 |
2.0957 GBP |
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5p ordinary |
SWAP |
Increasing Short |
350,952 |
2.2289 GBP |
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5p ordinary |
SWAP |
Increasing Short |
34,958 |
2.3154 GBP |
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5p ordinary |
SWAP |
Increasing Long |
6,399 |
2.1134 GBP |
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5p ordinary |
SWAP |
Increasing Long |
90,032 |
2.1328 GBP |
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5p ordinary |
SWAP |
Increasing Long |
55,911 |
2.1788 GBP |
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5p ordinary |
SWAP |
Increasing Long |
34,705 |
2.1809 GBP |
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5p ordinary |
SWAP |
Increasing Long |
181 |
2.6260 GBP |
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5p ordinary |
SWAP |
Decreasing Long |
39,670 |
2.0880 GBP |
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5p ordinary |
SWAP |
Decreasing Long |
5,746 |
2.1996 GBP |
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5p ordinary |
SWAP |
Decreasing Long |
300,000 |
2.2168 GBP |
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5p ordinary |
SWAP |
Decreasing Long |
9,834 |
2.2375 GBP |
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5p ordinary |
SWAP |
Increasing Long |
12,771 |
2.1108 GBP |
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5p ordinary |
SWAP |
Increasing Long |
29,498 |
2.1437 GBP |
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5p ordinary |
SWAP |
Increasing Long |
1,871 |
2.2178 GBP |
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5p ordinary |
SWAP |
Increasing Long |
4,784 |
2.3294 GBP |
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5p ordinary |
SWAP |
Increasing Long |
1,423 |
2.3719 GBP |
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5p ordinary |
SWAP |
Increasing Long |
2,408 |
2.4282 GBP |
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5p ordinary |
SWAP |
Increasing Long |
28 |
2.6379 GBP |
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5p ordinary |
SWAP |
Decreasing Long |
29,747 |
2.0880 GBP |
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5p ordinary |
SWAP |
Decreasing Long |
1,082 |
2.1394 GBP |
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5p ordinary |
SWAP |
Decreasing Long |
1,314 |
2.2000 GBP |
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5p ordinary |
SWAP |
Decreasing Long |
13,418 |
2.2057 GBP |
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5p ordinary |
SWAP |
Decreasing Long |
9,911 |
2.3716 GBP |
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5p ordinary |
SWAP |
Decreasing Long |
19,648 |
2.3746 GBP |
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5p ordinary |
SWAP |
Opening Long |
5,000 |
2.4105 GBP |
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5p ordinary |
SWAP |
Closing Long |
125 |
2.6402 GBP |
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5p ordinary |
SWAP |
Decreasing Short |
203 |
2.5475 GBP |
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5p ordinary |
SWAP |
Increasing Long |
16,871 |
2.1994 GBP |
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5p ordinary |
SWAP |
Increasing Long |
324 |
2.3173 GBP |
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5p ordinary |
SWAP |
Increasing Long |
8,294 |
2.1057 GBP |
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5p ordinary |
SWAP |
Increasing Long |
105,305 |
2.1332 GBP |
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5p ordinary |
SWAP |
Increasing Long |
21,052 |
2.1754 GBP |
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5p ordinary |
SWAP |
Increasing Long |
23,252 |
2.2052 GBP |
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5p ordinary |
SWAP |
Decreasing Long |
32,113 |
2.0880 GBP |
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5p ordinary |
SWAP |
Decreasing Long |
6,067 |
2.2023 GBP |
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5p ordinary |
SWAP |
Decreasing Long |
3,082 |
2.2113 GBP |
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5p ordinary |
SWAP |
Opening Short |
700,000 |
2.2168 GBP |
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5p ordinary |
SWAP |
Increasing Short |
11,387 |
2.4735 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
of |
description |
purchasing, |
of |
price |
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date |
money |
relevant |
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selling, |
securities |
per unit |
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paid/ |
security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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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) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the exempt principal trader making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
14 Aug 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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