Man Group PLC has disclosed its position in Bellway plc, as per the requirements of Rule 8.3 of the Takeover Code. Man Group PLC has revealed that it owns and/or controls 3,301,126 relevant securities of Bellway plc, representing 2.77% of the total. Additionally, they hold cash-settled derivatives amounting to 1,181,766 securities, which is 0.99% of the total, and stock-settled derivatives totaling 4,482,892 securities, representing 3.77% of the total. The disclosed dealings include purchases of 12.5p ordinary shares of Bellway plc at various quantities and prices per unit.
Furthermore, Man Group PLC has engaged in cash-settled derivative transactions, including reducing a short position and increasing long positions in 12.5p ordinary shares of Bellway plc. The disclosed dealings also include stock-settled derivative transactions, such as increasing long positions in 12.5p ordinary shares. The disclosure provides a comprehensive overview of Man Group PLC's interests and dealings in Bellway plc.
The disclosure by Man Group PLC offers transparency regarding their holdings and dealings in Bellway plc, providing valuable information to the market and investors. This level of transparency is essential for maintaining integrity and trust within the financial markets. The detailed breakdown of their positions and transactions in Bellway plc's securities offers insights into the activities of significant market participants, contributing to a more informed investment landscape.