Jefferies International Limited has disclosed its position in Bellway PLC, as per the Takeover Code. The disclosure, dated 25th July 2024, 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 positions of the exempt principal trader, including interests and short positions in the relevant securities of Bellway PLC following the dealing. It details the number and percentages of relevant securities owned and/or controlled, as well as cash-settled derivatives and stock-settled derivatives.
The disclosure further includes information on dealings, if any, by the exempt principal trader, such as purchases and sales of the 12.5p ordinary shares of Bellway PLC. It provides details of the total number of securities, highest and lowest price per unit paid/received, and cash-settled derivative transactions. Additionally, it covers stock-settled derivative transactions, including options, and other dealings, if applicable.
Moreover, the disclosure states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. It confirms that no Supplemental Form 8 (Open Positions) is attached and provides the contact name and telephone number for further inquiries.
This disclosure by Jefferies International Limited provides a comprehensive overview of its position and dealings related to Bellway PLC, in compliance with the Takeover Code's disclosure requirements. It offers transparency regarding the exempt principal trader's interests, short positions, and transactions involving the relevant securities of Bellway PLC.