Lombard Odier Asset Management (Europe) Limited has disclosed its position in Bellway PLC, representing 0.107% of the ordinary shares. The disclosure, made on 15th July 2024, includes the purchase and sale of relevant securities. The company sold 12,500 securities at a price of 2662.00 GBX per unit, 10,000 securities at 2649.87 GBX per unit, and 7,500 securities at 2679.95 GBX per unit. Additionally, they bought 361 securities at 2536.00 GBX per unit. It's noted that the change in the holding of 361 shares since the last disclosure on 21st June 2024 is due to dealing in an interest over which they do not hold the dealing discretion.
The disclosure also mentions that Lombard Odier Asset Management (Europe) Limited does not have discretion regarding dealing and/or offer acceptance in respect of 2139 shares that are included in the total above. The disclosure does not include any indemnity or other dealing arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure.
This disclosure is in accordance with Rule 8.3 of the Takeover Code and provides key information about the interests and short positions in the relevant securities of Bellway PLC held by Lombard Odier Asset Management (Europe) Limited. It offers transparency regarding the dealings and positions of the disclosing entity, contributing to a comprehensive understanding of the market activities related to Bellway PLC.