Schroders PLC has disclosed its position in Bellway PLC, stating that it owns 3,080,040 shares, representing 2.589% of the company's relevant securities. Additionally, it holds 248,754 cash-settled derivatives, amounting to 0.209%. The disclosure also includes details of recent dealings, such as the purchase and sale of 12.5p Ordinary shares. The purchases and sales were made at prices of 25.80000000 GBP and 25.78000000 GBP, respectively.
The disclosure also mentions that Schroders PLC does not have discretion regarding dealing and/or offer acceptance/voting decisions in respect of 622,790 shares that are included in the total above. Furthermore, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure is in accordance with Rule 8.3 of the Takeover Code and provides a comprehensive overview of Schroders PLC's position and dealings with Bellway PLC.