Bellway p.l.c
Completion of First Tranche of Share Buyback Programme
16 June 2023
Bellway p.l.c. ('Bellway' or the 'Group') announces that the first £50 million tranche of the £100 million share buyback programme, announced on 28 March 2023, has now completed.
Bellway entered into a non-discretionary agreement with Numis Securities Limited to conduct the first tranche of the share buyback programme on Bellway's behalf (as announced on 28 March 2023). As of 16 June 2023 2,147,455 shares were purchased for cancellation, at a cost of c.£50 million (excluding stamp duty and expenses).
Further details on the second tranche of the share buyback programme will be announced in due course.
For further information, please contact:
Bellway p.l.c.
Keith Adey, Group Finance Director
0191 217 0717
Gavin Jago, Group Investor Relations Director
0191 217 0717
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. ENDPOSLQLFFXQLXBBD
==