BlackRock, Inc. has notified Bellway PLC of a change in its voting rights, crossing the threshold on July 19, 2024. The total positions of BlackRock, Inc. now stand at 5.56% of voting rights, with 4.99% attached to shares and 0.57% through financial instruments. This change is a decrease from the previous notification, where the total positions were at 5.59%.
BlackRock, Inc. has detailed its controlled undertakings through which the voting rights and/or financial instruments are effectively held. The chain of controlled undertakings includes various entities such as BlackRock Holdco 2, Inc., BlackRock Financial Management, Inc., BlackRock International Holdings, Inc., and others.
The notification provides a comprehensive breakdown of the voting rights attached to shares and financial instruments, including the type of financial instruments, expiration dates, exercise/conversion periods, and the number of voting rights associated with each. The information also includes the percentage of voting rights held through financial instruments.
This notification indicates a significant change in the voting rights held by BlackRock, Inc. in Bellway PLC, and it provides detailed insights into the structure of the holdings and the entities involved in the control of voting rights and financial instruments.