BNP Paribas SA has disclosed its position in relevant securities of Bellway PLC, as per Rule 8.3 of the Takeover Code. The disclosure, dated 15th July 2024, reveals that BNP Paribas SA owns and/or controls 483,039 relevant securities, representing 0.41%, and holds cash-settled derivatives and stock-settled derivatives. Additionally, the disclosure includes details of dealings in relevant securities, such as purchases and sales, cash-settled derivative transactions, and stock-settled derivative transactions.
The disclosure also outlines the nature of the dealings, including opening/closing positions, increasing/reducing long/short positions, and writing, purchasing, selling, or varying options. The transactions involve a range of quantities and prices per unit, providing a comprehensive overview of BNP Paribas SA's activities related to Bellway PLC's relevant securities.
Furthermore, the disclosure states that BNP Paribas SA has no indemnity or other dealing arrangements related to relevant securities, and there are no irrevocable commitments or letters of intent in place. This comprehensive disclosure provides insight into BNP Paribas SA's position and dealings with Bellway PLC's relevant securities, in compliance with the regulatory requirements of the Takeover Code.