Newton Investment Management Ltd, on 22 July 2024, disclosed a public opening position dealing disclosure in relation to Bellway PLC, as per Rule 8.3 of the Takeover Code. The disclosure revealed that Newton Investment Management Limited holds 1.27% of the 12.5p ordinary shares of Bellway PLC, amounting to 1,506,641 shares. The disclosure also included details of a purchase of 14,301 12.5p ordinary shares at a price of GBP 27.1315 per unit.
The disclosure did not include any cash-settled derivative transactions, stock-settled derivative transactions, or other dealings. Furthermore, there were no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives disclosed in relation to Bellway PLC.
The disclosure was made in accordance with the regulatory requirements, and no supplemental form was attached. The contact person for the disclosure is Kevin Lockhart, with a provided telephone number for further consultation.
This disclosure provides insight into the position of Newton Investment Management Ltd in relation to Bellway PLC, offering transparency and compliance with the regulatory requirements of the Takeover Code.