Citigroup Global Markets Limited, an exempt principal trader, 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 July 24, 2024. The disclosed activities include 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 are details of cash-settled derivative transactions, including the nature of dealing and price per unit.
The disclosed dealings by Citigroup Global Markets Limited also include stock-settled derivative transactions, specifying the product description, number of securities to which the option relates, exercise price per unit, type, and expiry date. Furthermore, the disclosure mentions other information such as indemnity and other dealing arrangements, which, in this case, are stated as "none." Similarly, there are no agreements, arrangements, or understandings relating to options or derivatives.
The disclosure is in compliance with the regulatory requirements, and the contact information for the disclosure is provided. It is important to note that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. The Panels Market Surveillance Unit is available for consultation in relation to the Codes dealing disclosure requirements on +44 (0)20 7638 0129.