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Bellway PLC

BELLWAY PLC - Director/PDMR Shareholding

BELLWAY p.l.c. (‘the Company’)

NOTIFICATION OF TRANSACTIONS OF

PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

10 NOVEMBER 2020

The Company was informed today that under the terms of the Bellway p.l.c. Employee Share Trust (1992) (an arrangement to reward directors and employees) 9,066 ordinary 12.5p shares (including dividend equivalent shares which have accrued between grant and vesting) were issued on to for nil consideration under the Bellway p.l.c. (2013) Performance Share Plan.10 November 2020Keith Adey

immediately thereafter sold 4,270 Bellway p.l.c. 12.5p ordinary shares at a price of £28.35 per share to cover income tax and NI liabilities and dealing costs and transferred the balance of 4,796 shares to Mrs . Mr AdeyJayne Adey

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulations.

BELLWAY p.l.c.

NOTIFICATION OF TRANSACTIONS OF

PERSONSDISCHARGING MANAGERIAL RESPONSIBILITIES

Name of contact and telephone number for queries:

Group General Counsel & Company Secretary Bellway p.l.c. Tel: 0191 217 0717Simon Scougall


1  Details of the person discharging managerial responsibilities/person
   closely associated

a) Name                           1 Keith Adey
                                  2 Jayne Adey

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 12.5p ordinary shares

   Identification code            GB0000904986

b) Nature of the transaction      1a Exercise of award granted in  under the Company’s Performance
                                  Share Plan and associated dividend
                                  accrual shares.
                                  1b Sale of shares to cover income tax
                                  and NI liability due on the exercise of
                                  this award.
                                  1c+2 Transfer of shares to 
                                  (PCA).

c) Price(s) and volume(s)         Price(s) Volume(s)
                                  1a Nil 9,066
                                  1b £28.35 4,270
                                  1c+2 Nil 4,796

d) Aggregated information

   Aggregated volume              N/A
   Price                          N/A

e) Date of the transaction        

f) Place of the transaction       London Stock Exchange (XLON)November
                                  201710 November 2020Jayne Adey
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