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 3,516,471 12.5p ordinary shares of Bellway plc, representing 2.96% of the total shares. Additionally, they have cash-settled derivatives and stock-settled derivatives related to Bellway plc.
The disclosure also includes recent dealings by Man Group PLC. This involves the purchase of 3,204 and 21,832 12.5p ordinary shares of Bellway plc at a price of 28.552 GBP per unit. Furthermore, there are details of cash-settled derivative transactions, including reducing and increasing long positions, as well as stock-settled derivative transactions.
The disclosure concludes with additional information, including indemnity and other dealing arrangements, which in this case are stated as "none." There are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on 31/07/2024 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.