Jefferies International Limited, an exempt principal trader, has made a public opening position disclosure and dealing disclosure in relation to Bellway PLC. The disclosure, made under Rule 8.5 of the Takeover Code, includes key information such as the date of the position held/dealing undertaken, the interests and short positions in the relevant securities, and details of any open stock-settled derivative positions. The disclosure also covers dealings, cash-settled derivative transactions, stock-settled derivative transactions, and other information.
The disclosure indicates that Jefferies International Limited holds interests and short positions in the 12.5p ordinary shares of Bellway PLC. It also details the purchases and sales of these securities, including the total number of securities, highest and lowest price per unit paid/received, and other relevant information. Additionally, the disclosure mentions the absence of indemnity and other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides transparency regarding Jefferies International Limited's position and dealings in relation to Bellway PLC, in compliance with the regulatory requirements. It offers insights into the trading activities and positions held by the exempt principal trader, contributing to a comprehensive understanding of the market dynamics and the involved parties' positions and interests.