Citigroup Global Markets Limited, an exempt principal trader, has disclosed public dealing information in relation to Bellway plc, as per Rule 8.5 of the Takeover Code. The dealings were undertaken on July 8, 2024. The disclosed information includes purchases, sales, and derivative transactions of the 12.5p ordinary shares of Bellway plc.
The purchases and sales of the 12.5p ordinary shares by Citigroup Global Markets Limited totaled 2,184 and 27,177 securities, respectively. The highest price per unit paid for the purchases was GBP 27.0600, while the lowest price per unit paid was GBP 26.7000. The highest price per unit received for the sales was GBP 26.8841, and the lowest price per unit received was GBP 26.7000.
Additionally, the disclosed cash-settled derivative transactions involved increasing and closing short positions, with 7 and 25,000 reference securities, at prices of GBP 26.7200 and GBP 26.7316 per unit, respectively.
No indemnity or other dealing arrangements were reported, and there were no agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on July 9, 2024, and the contact person for the disclosure is Craig Watson, reachable at 02890 409 605.
The disclosure was made in accordance with Rule 8 of the Code and was also emailed to the Takeover Panel at [email protected]. For further consultation, the Panels Market Surveillance Unit can be contacted at +44 (0)20 7638 0129.