Citigroup Global Markets Limited, an exempt principal trader, has made a public dealing disclosure in accordance with Rule 8.5 of the Takeover Code. The disclosure pertains to their dealings in the relevant securities of Bellway plc and Crest Nicholson Holdings plc. The dealings were undertaken on 14 June 2024.
In the case of Bellway plc, Citigroup Global Markets Limited conducted purchases and sales of 12.5p ordinary shares. They purchased 35,250 securities at a highest price of GBP 32.9069 per unit and a lowest price of GBP 26.0014 per unit. Additionally, they sold 35,250 securities at a price range of GBP 27.1800 to GBP 25.7800 per unit.
The disclosure also includes information on cash-settled derivative transactions and stock-settled derivative transactions, as well as other dealings, such as subscribing for new securities. The disclosure states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure was made on 17 June 2024 and includes contact information for further inquiries. It emphasizes that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and emailed to the Takeover Panel.
This disclosure provides insight into the trading activity of Citigroup Global Markets Limited in relation to Bellway plc, offering transparency and compliance with regulatory requirements.