Transaction in Own Shares

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

 

END