Man Group PLC has disclosed its position in Bellway plc, as per the requirements of Rule 8.3 of the Takeover Code. The disclosure includes the full name of the discloser, Man Group PLC, and the relevant securities owned and/or controlled. Man Group PLC currently holds 3,430,956 12.5p ordinary shares, representing 2.88% of the total shares. Additionally, they have cash-settled derivatives and stock-settled derivatives in relation to Bellway plc.
The disclosure also includes recent dealings by Man Group PLC, which involve the purchase of 12.5p ordinary shares in various quantities at a price of 27.146 GBP per unit. Furthermore, there are details of cash-settled derivative transactions, including reducing a short position and increasing a long position, along with stock-settled derivative transactions.
The disclosure concludes with information on indemnity and other dealing arrangements, where it is stated that there are no such agreements, arrangements, or understandings. Additionally, there are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on 17/07/2024 by Mackenzie Terry from Man Group PLC.
This disclosure provides insight into Man Group PLC's current position and recent dealings with Bellway plc, offering transparency in line with regulatory requirements.