Citigroup Global Markets Limited has disclosed its public dealing activities in relation to Bellway plc, as per Rule 8.5 of the Takeover Code. The dealings were undertaken on 26 July 2024 and involved purchases and sales of 12.5p ordinary shares. The highest price per unit paid for the shares was GBP 28.3600, while the lowest price per unit paid was GBP 27.7800. Additionally, there were cash-settled derivative transactions, including an increase in the short position. The disclosure also confirmed that there were no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made to a Regulatory Information Service and emailed to the Takeover Panel.

This disclosure provides insight into the recent trading activities of Citigroup Global Markets Limited in relation to Bellway plc. It includes details of the purchases and sales of 12.5p ordinary shares, along with the highest and lowest prices per unit paid. The disclosure also outlines cash-settled derivative transactions, specifically an increase in the short position. Furthermore, it confirms the absence of indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made in compliance with Rule 8 of the Takeover Code and was communicated to the appropriate regulatory authorities.

In summary, the disclosure by Citigroup Global Markets Limited sheds light on its recent dealings in relation to Bellway plc, providing transparency and compliance with regulatory requirements. This information is valuable for stakeholders and market participants seeking to understand the trading activities and positions of relevant parties in the context of Bellway plc.