Royal London Asset Management Ltd has disclosed its position in Bellway plc, as of 29th July 2024. The disclosure indicates that Royal London Asset Management Ltd owns and/or controls 1.67% of the relevant securities of Bellway plc, representing 1,992,021 shares. The disclosure also includes details of a sale of 3,564 securities at a price of 28.5102 GBP per unit.
The disclosure is in accordance with Rule 8.3 of the Takeover Code and provides a comprehensive overview of Royal London Asset Management Ltd's interests and short positions in Bellway plc. It also mentions that the disclosure is related to a separate party, Crest Nicholson Holdings plc, indicating that the discloser is making disclosures in respect of another party to the offer.
The disclosure provides a clear breakdown of the interests and short positions in the relevant securities of Bellway plc, as well as details of any dealings by Royal London Asset Management Ltd. It also includes information about indemnity and other dealing arrangements, as required by the disclosure regulations.
This disclosure by Royal London Asset Management Ltd provides transparency and insight into its position in Bellway plc, offering valuable information to the market and investors. It aligns with regulatory requirements and contributes to the overall transparency and integrity of the financial markets.