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 9, 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, cash-settled derivative transactions and stock-settled derivative transactions, including options, have been detailed.
The disclosed purchases and sales of 12.5p ordinary shares of Bellway plc by Citigroup Global Markets Limited include 980 shares purchased at a price range of GBP 25.8000 to GBP 26.1600 per unit and 1 share sold at GBP 26.1600 per unit. Furthermore, the disclosed derivative transactions involve increasing and reducing short and long positions, with specific details of the number of reference securities and price per unit.
The disclosure also includes information about indemnity and other dealing arrangements, with none reported in this instance. Additionally, there are no agreements, arrangements, or understandings relating to options or derivatives disclosed. The disclosure was made on July 10, 2024, and the contact person for the disclosure is Craig Watson, with a provided telephone number.
This disclosure is in compliance with the requirements of Rule 8 of the Code and has been made to a Regulatory Information Service, as well as emailed to the Takeover Panel. For any consultation regarding the Code's dealing disclosure requirements, the Panels Market Surveillance Unit is available for contact.
This public dealing disclosure provides transparency regarding the trading activity of Citigroup Global Markets Limited in relation to Bellway plc, offering insights into the recent transactions and derivative activities involving the relevant securities.