Jefferies International Limited has made a public opening position disclosure and dealing disclosure in relation to Bellway PLC. The disclosure, made under Rule 8.5 of the Takeover Code, includes key information such as the exempt principal trader's name, the offeror/offeree's name, and the date of the position held/dealing undertaken. The disclosure also outlines the positions of the exempt principal trader, including interests and short positions in the relevant securities of Bellway PLC following the dealing.
The disclosure indicates that Jefferies International Limited holds 4,237 relevant securities of Bellway PLC, with cash-settled derivatives of 69,363 and stock-settled derivatives totaling 73,600. Additionally, the disclosure includes details of purchases and sales of 12.5p ordinary shares, as well as cash-settled derivative transactions. It also confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides transparency regarding Jefferies International Limited's positions and dealings in relation to Bellway PLC, in compliance with the regulatory requirements. It offers insights into the exempt principal trader's interests and short positions, contributing to a comprehensive understanding of the market activities related to Bellway PLC's securities.