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 15 July 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 were cash-settled derivative transactions, including reducing long positions and increasing short positions, along with stock-settled derivative transactions. The disclosure also includes information on indemnity and other dealing arrangements, which, in this case, were stated as "none."
The disclosure provides a comprehensive overview of the trading activities conducted by Citigroup Global Markets Limited in relation to Bellway plc. It includes detailed information on the purchases, sales, and derivative transactions involving 12.5p ordinary shares of Bellway plc. The disclosure also confirms the absence of indemnity and other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives.
This disclosure is in compliance with the regulatory requirements of the Takeover Code and provides transparency regarding the trading activities of Citigroup Global Markets Limited in relation to Bellway plc. It offers insights into the specific transactions and dealings involving the relevant securities, contributing to a better understanding of the market activities related to Bellway plc.