Numis Securities Limited, acting as an exempt principal trader, has disclosed dealings in the relevant securities of Bellway PLC in accordance with Rule 8.5 of the Takeover Code. The disclosed dealings, undertaken on 01/08/2024, include both purchases and sales of 12.5p ordinary shares. The highest price per unit paid for purchases was 2,880.0000 GBX, while the lowest price per unit received for sales was 2,834.0000 GBX.
The disclosure also confirms that Numis Securities Limited is connected with Deutsche Numis, which is acting as the financial adviser and corporate broker to Bellway PLC in relation to the announced non-binding all-share possible offering for Crest Nicolson Holdings PLC. The disclosure further states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This public dealing disclosure by Numis Securities Limited provides transparency regarding their dealings in the relevant securities of Bellway PLC and their connection with the company in the context of a possible offering for Crest Nicolson Holdings PLC. The disclosed information is in compliance with the regulatory requirements of the Takeover Code.