Numis Securities Limited, acting as an exempt principal trader, has disclosed dealings in the relevant securities of Bellway PLC in accordance with Rule 8.5 of the Takeover Code. The disclosed dealings, undertaken on 5th July 2024, include both purchases and sales of 12.5p ordinary shares. The highest price per unit paid for the purchases was 2,750.0000 GBX, while the lowest price per unit received for the sales was 2,690.0000 GBX.
The disclosure also confirms that Numis Securities Limited is connected with Deutsche Numis, which is acting as the financial adviser and corporate broker to Bellway PLC in relation to the announced non-binding all-share possible offering for Crest Nicolson Holdings PLC. The disclosure further includes details of indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings.
This public dealing disclosure provides transparency regarding Numis Securities Limited's dealings in the relevant securities of Bellway PLC, as well as its connection with the financial advisory and corporate brokering activities related to a potential offering for Crest Nicolson Holdings PLC. The disclosure aligns with the regulatory requirements and aims to ensure transparency and compliance with the Takeover Code.