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 June 18, 2024. The disclosed activities include purchases and sales of 12.5p ordinary securities of Bellway plc, with details of the total number of securities, highest and lowest price per unit paid/received. Additionally, cash-settled derivative transactions and stock-settled derivative transactions were also disclosed, along with other relevant information.
In the disclosed purchases and sales, Citigroup Global Markets Limited purchased 2,858 12.5p ordinary securities at a highest price per unit of GBP 26.0400 and a lowest price per unit of GBP 25.8621. They also sold 1,712 12.5p ordinary securities at a highest price per unit of GBP 26.0400 and a lowest price per unit of GBP 25.9500. Furthermore, the disclosure includes reducing long positions through cash-settled derivative transactions, with details of the number of reference securities and price per unit.
The disclosure also covers stock-settled derivative transactions, including writing, purchasing, selling, and varying options, with details of the number of securities, exercise price per unit, type, and expiry date. Additionally, other dealings, such as subscription or conversion of new securities, are included in the disclosure.
The disclosure concludes with information on indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings. It also confirms the absence of agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on June 19, 2024, and includes contact information for further inquiries.
This disclosure provides a comprehensive overview of the trading activities and dealings by Citigroup Global Markets Limited in relation to Bellway plc, as per the requirements of the Takeover Code.