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Employee Benefit Trust Share Purchase

9th Apr 2025 15:44

RNS Number : 3738E
Bellway PLC
09 April 2025
 

BELLWAY p.l.c.

 

EMPLOYEE BENEFIT TRUST SHARE PURCHASE

 

9 APRIL 2025

 

Bellway p.l.c. ("the Company") announces that it has been notified that on 7 April 2025, Howells Trustees Limited, acting as trustee of Bellway p.l.c. Employee Benefit Trust (the "EBT"), purchased 44,983 ordinary shares in the capital of the Company at £22.075 per share.

 

The shares will be held in the EBT, which is a discretionary trust for the benefit of the Group's employees and will ultimately be used to satisfy share awards and options granted under the Company's various share incentive arrangements.

 

The Executive Directors and Persons Discharging Managerial Responsibility of the Company, together with other employees, are included in the potential beneficiaries of the EBT and are therefore treated as having an interest in some of those shares and the dealings thereof.

 

Immediately following settlement of the above transaction, the EBT will hold 370,097 ordinary shares.

 

The Company's issued share capital as at 9 April 2025 consists of 118,983,388 ordinary shares of 12.5 pence each with voting rights. The Company does not hold any shares in Treasury and has waived its right to exercise its voting rights and to receive dividends in respect of the EBT Shares. Therefore, the total number of voting rights is 118,613,291.

 

 

 

Name of contact and telephone number for queries:

 

Simon Scougall

Chief Commercial Officer and Company Secretary

Bellway p.l.c.

Tel: 0191 217 0717

 

 

 

 

 

 

 

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