Threadneedle Asset Management Holdings Ltd, on behalf of affiliate companies, has disclosed a 0.87% interest in Bellway Plc. The disclosure, made under Rule 8.3 of the Takeover Code, states that the relevant securities owned and/or controlled amount to 1,032,645 12.5p Ordinary shares. Additionally, the disclosure includes the sale of 146 12.5p Ordinary shares at a price of GBP 25.80 per unit.
The disclosure also indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form is attached to the disclosure.
This disclosure provides insight into Threadneedle Asset Management Holdings Ltd's position in Bellway Plc and its recent dealings with the company's securities. It offers transparency in accordance with the regulatory requirements of the Takeover Code.