Numis Securities Limited, acting as a broker and Nomad to Benchmark Holdings PLC, made a public dealing disclosure in accordance with Rule 8.5 of the Takeover Code. The disclosure, dated 20th March 2024, detailed the dealings undertaken on 19th March 2024. Numis Securities Limited purchased 7,000 0.1p ordinary shares of Benchmark Holdings PLC at a price ranging from 44.2000 GBX. The disclosure also confirmed that there were no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides transparency about the dealings of Numis Securities Limited in relation to Benchmark Holdings PLC. It includes specific details about the purchases made, such as the class of relevant security, the total number of securities, and the highest and lowest price per unit paid/received. Additionally, it clarifies that there were no other disclosures in respect of any other party to the offer and no agreements, arrangements, or understandings relating to options or derivatives.
The disclosure is in line with the regulatory requirements and aims to provide clarity and transparency regarding the dealings of Numis Securities Limited in its capacity as an exempt principal trader with recognized intermediary status dealing in a client-serving capacity. This information is essential for investors and stakeholders to understand the trading activities related to Benchmark Holdings PLC and the involvement of Numis Securities Limited in these transactions.
The disclosure is a standard procedure under the Takeover Code and is intended to ensure that all dealings related to Benchmark Holdings PLC are conducted in a transparent and compliant manner. It serves to provide relevant information to the public and regulatory authorities, contributing to the overall integrity and transparency of the financial markets.