REG - Bellway PLC - Transaction in Own Shares

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RNS Number : 3210Z  Bellway PLC  02 April 2026

Bellway p.l.c.

 

Transaction in Own Shares and Programme Update

 

2 April 2026

 

Repurchase of shares on 2 April 2026

Bellway p.l.c. ('Bellway' or the 'Group') announces that, in accordance with
the terms of the share buyback programme (the 'Buyback Programme') announced
on 14 October 2025, the Group has purchased the following number of ordinary
shares of 12.5 pence each (the 'Ordinary Shares') through Citigroup Global
Markets Limited.

 

 Date of purchase:                          02 April 2026
 Number of Ordinary Shares purchased:       8,410
 Lowest price paid per share (GBp):         1,855.00p
 Highest price paid per share (GBp):        1,893.00p
 Volume weighted average price paid (GBp):  1,883.07p

 

The purchased Ordinary Shares will be cancelled.

Since the announcement of the Buyback Programme on 14 October 2025, Bellway
has purchased 2,958,316 Ordinary Shares in aggregate for cancellation.
Following settlement of the above purchases and cancellation of the purchased
ordinary shares, the Group's total number of ordinary shares in issue shall be
116,317,744 ordinary shares.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it
applies in the UK (the Market Abuse Regulation), the table below contains
detailed information of the individual trades made by Citigroup Global
Markets Limited on behalf of Bellway as part of the Buyback Programme.

Programme update

Bellway announces that the first £75 million tranche of the Buyback
Programme, as announced on 14 October 2025, has now completed.

 

The second tranche of the Buyback Programme will commence on 7 April 2026 (the
'Second Tranche') and Bellway has entered into a new arrangement for this
Second Tranche with Deutsche Bank AG. Share purchases will be made in
accordance with the arrangement and made independently of and uninfluenced by
Bellway. As announced on 14 October 2025, the purpose of the Buyback Programme
is to reduce the Group's share capital.  As such, all ordinary shares
repurchased by Bellway pursuant to the Second Tranche will be cancelled.

 

The Second Tranche is expected to be undertaken in the period commencing 7
April 2026 and end no later than 31 October 2026. The maximum aggregate
consideration for purchases in respect of the Second Tranche is £75 million
(excluding stamp duty and expenses).

 

Share purchases under the Buyback Programme will take place in open market
transactions and may be made from time to time depending on market conditions,
share price and trading volumes.  The Second Tranche will be effected under
the authority granted by shareholders at the Group's 2025 Annual General
Meeting held on 27 November 2025 and, accordingly, the maximum number of
shares that may be repurchased under the Second Tranche is 11,899,426 Ordinary
Shares.

 

The Buyback Programme will be conducted within the parameters prescribed by
the Market Abuse Regulation 596/2014 and the Commission Delegated Regulation
(EU) 2016/1052 (also as in force in the UK, from time to time, including,
where relevant, pursuant to the UK's European Union (Withdrawal) Act 2018 and
the Market Abuse (Amendment) (EU Exit) Regulations 2019) as well as applicable
laws and the regulations of the UK Financial Conduct Authority (including
Chapter 9 of the Listing Rules).  The Group intends to make use of the FCA's
updated notification deadline under UK Listing Rule 9.6.6R, which permits
post-trade notifications of purchases of own shares to be made no later than
the end of the seventh daily market session following the date of execution.
Accordingly, the Group expects to move from daily to weekly market
notifications in respect of shares purchased under the Buyback Programme.

 

Bellway will make further announcements in due course following the buyback of
shares.  Note there is no guarantee that the Buyback Programme will be
implemented in full.

 

For further information, please contact:

 

Bellway p.l.c.

Shane Doherty, Chief Financial Officer

0191 217 0717

 

Phil Hope, Group Finance Director and Company Secretary

0191 217 0717

 

Gavin Jago, Group Investor Relations Director

0191 217 0717

 

 

 

 

Aggregated information of ordinary shares purchased according to each trading
venue:

 Trading Venue          Volume Weighted Average Price (pence per share)  Aggregated Volume  Lowest price paid per share (pence)  Highest price paid per share (pence)
 London Stock Exchange  1,883.07                                         8,410              1,855.00                             1,893.00

 

 

Individual Transaction:

 Number of shares purchased  Transaction price per share (pence)  Time of transaction  Transaction Reference Number  Trading Venue
 10                          1,891.00                             11:02:15             xy4M9x7F1H8                   XLON
 30                          1,892.00                             10:57:04             xy4M9x7FB0r                   XLON
 92                          1,892.00                             10:56:47             xy4M9x7FBIz                   XLON
 178                         1,892.00                             10:56:35             xy4M9x7F8jU                   XLON
 263                         1,891.00                             10:54:36             xy4M9x78snQ                   XLON
 130                         1,891.00                             10:50:17             xy4M9x78oBV                   XLON
 114                         1,890.00                             10:49:02             xy4M9x78mZ0                   XLON
 150                         1,890.00                             10:47:55             xy4M9x78njQ                   XLON
 107                         1,890.00                             10:46:39             xy4M9x78@$W                   XLON
 135                         1,891.00                             10:46:16             xy4M9x78@Bu                   XLON
 104                         1,890.00                             10:44:00             xy4M9x78zX7                   XLON
 24                          1,890.00                             10:43:59             xy4M9x78zWr                   XLON
 184                         1,891.00                             10:43:59             xy4M9x78zWw                   XLON
 204                         1,889.00                             10:42:34             xy4M9x78wxC                   XLON
 174                         1,889.00                             10:40:26             xy4M9x78u4n                   XLON
 112                         1,889.00                             10:37:55             xy4M9x78cGG                   XLON
 189                         1,889.00                             10:37:53             xy4M9x78cTf                   XLON
 16                          1,890.00                             10:35:51             xy4M9x78aTc                   XLON
 102                         1,890.00                             10:35:51             xy4M9x78aTe                   XLON
 198                         1,891.00                             10:35:38             xy4M9x78bj@                   XLON
 47                          1,893.00                             10:35:37             xy4M9x78be0                   XLON
 72                          1,893.00                             10:35:37             xy4M9x78be2                   XLON
 111                         1,892.00                             10:35:37             xy4M9x78beq                   XLON
 11                          1,892.00                             10:35:37             xy4M9x78bes                   XLON
 157                         1,893.00                             10:35:37             xy4M9x78bhb                   XLON
 102                         1,891.00                             10:31:52             xy4M9x78Xkj                   XLON
 81                          1,891.00                             10:29:24             xy4M9x78lKM                   XLON
 141                         1,891.00                             10:29:22             xy4M9x78lMf                   XLON
 181                         1,888.00                             10:27:58             xy4M9x78jua                   XLON
 180                         1,884.00                             10:18:46             xy4M9x78Ioj                   XLON
 163                         1,883.00                             10:16:58             xy4M9x78GY2                   XLON
 138                         1,884.00                             10:10:45             xy4M9x78QCW                   XLON
 5                           1,884.00                             10:09:45             xy4M9x78RLh                   XLON
 107                         1,883.00                             10:07:07             xy4M9x7866Z                   XLON
 110                         1,884.00                             10:04:29             xy4M9x785q7                   XLON
 79                          1,880.00                             10:01:49             xy4M9x783RK                   XLON
 141                         1,881.00                             10:00:00             xy4M9x78Eaq                   XLON
 137                         1,882.00                             09:56:30             xy4M9x78Dmj                   XLON
 140                         1,882.00                             09:52:48             xy4M9x789$I                   XLON
 89                          1,880.00                             09:49:18             xy4M9x79rfY                   XLON
 112                         1,880.00                             09:47:20             xy4M9x79pyE                   XLON
 156                         1,883.00                             09:44:18             xy4M9x79@7M                   XLON
 228                         1,884.00                             09:44:18             xy4M9x79@7R                   XLON
 160                         1,884.00                             09:43:41             xy4M9x79$vF                   XLON
 153                         1,885.00                             09:43:41             xy4M9x79$vH                   XLON
 78                          1,885.00                             09:43:41             xy4M9x79$vJ                   XLON
 84                          1,879.00                             09:39:59             xy4M9x79xAd                   XLON
 117                         1,880.00                             09:36:02             xy4M9x79dVt                   XLON
 90                          1,886.00                             09:30:30             xy4M9x79X89                   XLON
 160                         1,887.00                             09:26:42             xy4M9x79jSs                   XLON
 54                          1,886.00                             09:18:54             xy4M9x79IAr                   XLON
 29                          1,886.00                             09:18:54             xy4M9x79IAt                   XLON
 108                         1,887.00                             09:15:44             xy4M9x79Ug4                   XLON
 8                           1,891.00                             09:10:56             xy4M9x79RPW                   XLON
 138                         1,892.00                             09:10:54             xy4M9x79ROi                   XLON
 109                         1,889.00                             09:05:03             xy4M9x793Wx                   XLON
 109                         1,887.00                             09:00:12             xy4M9x79CEO                   XLON
 102                         1,880.00                             08:55:40             xy4M9x799DG                   XLON
 81                          1,883.00                             08:50:39             xy4M9x7AoGV                   XLON
 132                         1,885.00                             08:46:52             xy4M9x7A@JK                   XLON
 76                          1,881.00                             08:41:48             xy4M9x7Auum                   XLON
 105                         1,875.00                             08:37:51             xy4M9x7Aa5U                   XLON
 151                         1,872.00                             08:33:43             xy4M9x7AWLT                   XLON
 96                          1,873.00                             08:29:20             xy4M9x7AjeN                   XLON
 77                          1,863.00                             08:22:31             xy4M9x7AK$c                   XLON
 77                          1,864.00                             08:22:31             xy4M9x7AK$i                   XLON
 93                          1,866.00                             08:19:44             xy4M9x7AJmV                   XLON
 151                         1,863.00                             08:17:09             xy4M9x7AHU4                   XLON
 95                          1,863.00                             08:12:40             xy4M9x7ARa9                   XLON
 66                          1,855.00                             08:10:44             xy4M9x7AOVh                   XLON
 77                          1,862.00                             08:09:06             xy4M9x7A63h                   XLON
 161                         1,855.00                             08:06:35             xy4M9x7A5eJ                   XLON
 269                         1,856.00                             08:06:35             xy4M9x7A5eL                   XLON

 

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