Citigroup Global Markets Limited, an exempt principal trader, disclosed its public dealing activities in Bellway plc on July 29, 2024, as per Rule 8.5 of the Takeover Code. The disclosed dealings include purchases and sales of 12.5p ordinary shares, along with cash-settled derivative transactions. The highest price per unit paid for the shares was GBP 28.5800, and the lowest price per unit paid was GBP 28.3300. Additionally, the trader engaged in various cash-settled derivative transactions, including closing long positions and reducing short positions.
The disclosure also includes information about stock-settled derivative transactions, including writing, purchasing, selling, and varying call options. Furthermore, the disclosure indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between the exempt principal trader and any other person.
The disclosure was made in accordance with Rule 8 of the Code and was also emailed to the Takeover Panel. For any further consultation regarding the Code's dealing disclosure requirements, the Market Surveillance Unit of the Panel is available for assistance.
This disclosure provides insight into the recent trading activities of Citigroup Global Markets Limited in relation to Bellway plc, offering transparency and compliance with regulatory requirements.