12th Nov 2025 16:54
BELLWAY p.l.c. ('the Company')
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
12 NOVEMBER 2025
The Company announces that pursuant to the Company's 2013 Performance Share Plan ('2013 Plan'), the following exercises of nil-cost options and subsequent sale of 12.5p ordinary shares in the capital of the Company to meet income tax and National Insurance liabilities arising from the exercises. Based on the performance over the period and in line with the Remuneration Policy, 56.4% of the award vested.
The sale of shares took place on 11 November 2025 at an average price of £27.67.
| Award | Number of vested shares subject to exercise (including dividend equivalent shares) | Number of shares sold | Number of shares retained (transferred to spouse as noted in the notification below) |
Jason Honeyman | 2013 Plan | 41,940 | 19,752 | 22,188 |
Simon Scougall | 2013 Plan | 9,836 | 4,633 | 5,203 |
The relevant notifications set out below are provided in accordance with the requirements of the UK Market Abuse Regulations.
1
| Details of the person discharging managerial responsibilities/person closely associated
| |
a)
| Name
| 1 Jason Honeyman 2 Joanne Honeyman |
2
| Reason for the notification
| |
a)
| Position/status
| 1 Director (PDMR) 2 PCA of PDMR |
b)
| Initial notification/Amendment
| Initial notification |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a)
| Name
| Bellway p.l.c. |
b)
| LEI
| 213800CY4L3HST4FGZ98
|
4
| Details of the transaction(s): section to date; to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each and (iv) each place where transactions have been conducted
| |
a)
| Description of the financial instrument, type of instrument
Identification code
|
12.5p ordinary shares
GB0000904986
|
b)
| Nature of the transaction
| 1a Exercise of award granted in November 2022 under the Company's Performance Share Plan and associated dividend accrual shares. 1b Sale of shares to cover income tax and National Insurance liability due on the exercise of this award. 1c+2 Transfer of shares to Joanne Honeyman (PCA). |
c)
| Price(s) and volume(s)
| Price(s) Volume(s) 1a Nil 41,940 1b £27.67 19,752 1c+2 Nil 22,188 |
d)
| Aggregated information
Aggregated volume Price |
N/A N/A |
e)
| Date of the transaction
| 11 November 2025 |
f)
| Place of the transaction
| London Stock Exchange (XLON) |
1
| Details of the person discharging managerial responsibilities/person closely associated
| |
a)
| Name
| 1 Simon Scougall 2 Joanne Scougall |
2
| Reason for the notification
| |
a)
| Position/status
| 1 Director (PDMR) 2 PCA of PDMR |
b)
| Initial notification/Amendment
| Initial notification |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a)
| Name
| Bellway p.l.c. |
b)
| LEI
| 213800CY4L3HST4FGZ98
|
4
| Details of the transaction(s): section to date; to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each and (iv) each place where transactions have been conducted
| |
a)
| Description of the financial instrument, type of instrument
Identification code
|
12.5p ordinary shares
GB0000904986
|
b)
| Nature of the transaction
| 1a Exercise of award granted in November 2022 under the Company's Performance Share Plan and associated dividend accrual shares. 1b Sale of shares to cover income tax and National Insurance liability due on the exercise of this award. 1c+2 Transfer of shares to Joanne Scougall (PCA). |
c)
| Price(s) and volume(s)
| Price(s) Volume(s) 1a Nil 9,836 1b £27.67 4,633 1c+2 Nil 5,203 |
d)
| Aggregated information
Aggregated volume Price |
N/A N/A |
e)
| Date of the transaction
| 11 November 2025 |
f)
| Place of the transaction
| London Stock Exchange (XLON) |
Name of contact and telephone number for queries:
Phil Hope
Finance Director and Company Secretary
Bellway p.l.c.
Tel: 0191 217 0717
Related Shares:
Bellway