Barclays Capital Securities Ltd has disclosed its position in Bellway PLC, as of 4th July 2024, in accordance with Rule 8.5 of the Takeover Code. The exempt principal trader holds 1,032,122 relevant securities of Bellway PLC, representing 0.87% of the total, and has short positions in 270,674 securities, amounting to 0.23%. Additionally, the trader has cash-settled derivatives and has engaged in various purchase and sale transactions of 12.5p ordinary shares of Bellway PLC.
The disclosed dealings include the purchase of 11,886 securities at a price range of 26.3200 GBP to 26.6174 GBP per unit and the sale of 62,496 securities at a price range of 26.3808 GBP to 26.6400 GBP per unit. Furthermore, the trader has been involved in cash-settled derivative transactions, including decreasing and increasing short positions, as well as stock-settled derivative transactions.
The disclosure also includes details of other dealings, such as subscribing for new securities, and provides comprehensive information about the nature of the dealings and the price per unit, where applicable. The disclosure indicates that there are no indemnity or other dealings arrangements in place.
This disclosure by Barclays Capital Securities Ltd provides a transparent overview of its position and dealings related to Bellway PLC, offering insights into the trader's interests, short positions, and various transactions involving the company's securities.