Jefferies International Limited 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 exempt principal trader's name, the offeror/offeree's name, and the date of the position held/dealing undertaken. The disclosure also outlines the exempt principal trader's interests and short positions in the relevant securities of Bellway PLC, including cash-settled derivatives and stock-settled derivatives.
The disclosure indicates that Jefferies International Limited holds 3,145 relevant securities of Bellway PLC, representing 0.002% of the total. Additionally, the exempt principal trader holds cash-settled derivatives amounting to 70,455 securities, which is 0.059% of the total, and has short positions of 73,600 securities, accounting for 0.062% of the total. The disclosure also includes details of purchases and sales of 12.5p ordinary shares, as well as cash-settled derivative transactions.
Furthermore, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between Jefferies International Limited and any other party. It also confirms that no supplemental form is attached to the disclosure.
This disclosure provides a comprehensive overview of Jefferies International Limited's positions and dealings in relation to Bellway PLC, in compliance with the regulatory requirements of the Takeover Code. It offers transparency regarding the exempt principal trader's holdings and transactions involving Bellway PLC's securities, contributing to the market's understanding of the company's ownership and trading activities.