Citigroup Global Markets Limited, an exempt principal trader, has disclosed public dealing information in relation to Bellway plc, as per Rule 8.5 of the Takeover Code. The dealings were undertaken on June 17, 2024. The disclosed dealings include purchases and sales of 12.5p ordinary shares of Bellway plc, with details of the total number of securities, highest and lowest price per unit paid/received. Additionally, cash-settled derivative transactions have been reported, including reducing and opening long/short positions, along with the price per unit.
The disclosure also includes information on stock-settled derivative transactions, including writing, purchasing, selling, and varying options, as well as exercising or being exercised against. Furthermore, details of any indemnity or other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives, have been provided. The disclosure states that there are no such agreements, arrangements, or understandings.
The disclosure was made on June 18, 2024, and includes contact information for further inquiries. It emphasizes that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and emailed to the Takeover Panel. Additionally, the Market Surveillance Unit of the Panel is available for consultation regarding the Code's dealing disclosure requirements.
This disclosure provides insight into the trading activity of Citigroup Global Markets Limited in relation to Bellway plc, offering transparency and compliance with the regulatory requirements of the Takeover Code.