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 22, 2024. The disclosed information includes purchases and sales of 12.5p ordinary shares of Bellway plc, with details of the total number of securities, highest and lowest price per unit paid/received. Additionally, there is information about cash-settled derivative transactions and stock-settled derivative transactions, including options.
The disclosed purchases and sales of 12.5p ordinary shares of Bellway plc by Citigroup Global Markets Limited include 32,938 shares purchased at a highest price of GBP 27.6000 per unit and 32,937 shares sold at a highest price of GBP 27.5000 per unit. Furthermore, there is information about a cash-settled derivative transaction involving an increasing short position for 1 reference security at a price of GBP 26.9800 per unit.
The disclosure also includes details of other information such as indemnity and other dealing arrangements, which, in this case, are stated as "none." Additionally, there are no agreements, arrangements, or understandings relating to options or derivatives, as stated in the disclosure.
The disclosure was made on July 23, 2024, and the contact person for the disclosure is Christopher Alexander Pollock, with a provided telephone number. The disclosure was made in accordance with Rule 8 of the Code and must be made to a Regulatory Information Service and emailed to the Takeover Panel.
This disclosure provides insight into the recent trading activity and dealings by Citigroup Global Markets Limited in relation to Bellway plc, offering transparency and compliance with the regulatory requirements of the Takeover Code.