Bellway PLC has disclosed its position in relation to an offer, as per the Takeover Code. The company has stated that it holds no interests or short positions in its relevant securities. Additionally, it has disclosed the interests held by its directors and their close relatives and related trusts. The disclosed interests include the number of ordinary shares held and the percentage of total issued share capital. Furthermore, the company has provided details of interests held as options or awards under the share plans of Bellway PLC by the directors and their close relatives and related trusts.
The disclosed interests held by the directors and their close relatives and related trusts are as follows: Ian McHoul holds 2,000 ordinary shares, Jason Honeyman holds 38,186 ordinary shares, Jill Caseberry holds 470 ordinary shares, John Tutte holds 20,000 ordinary shares, Keith Adey holds 80,218 ordinary shares, and Sarah Whitney holds 1,131 ordinary shares. The interests held as options or awards under the share plans of Bellway PLC by the directors and their close relatives and related trusts are also detailed, including the number of ordinary shares in Bellway PLC under option or subject to award, the date of grant, exercise price, vesting date, and expiry date.
The company has also stated that it holds no cash-settled derivatives or stock-settled derivatives, including options, and agreements to purchase/sell. The disclosure provides a comprehensive overview of Bellway PLC's positions and interests in relation to the offer, as well as the details of interests held by its directors and their close relatives and related trusts. This information is crucial for stakeholders and investors to understand the company's position and its directors' interests in the relevant securities.