JPMorgan Asset Management has disclosed its position in Bellway PLC, a UK-based housebuilding company. As of July 31, 2024, JPMorgan Asset Management holds 4.59% of the 12.5p ordinary shares of Bellway PLC, amounting to 5,465,659 shares. Additionally, they hold cash-settled derivatives of 0.02% of the shares, totaling 26,368. The disclosure also includes details of purchases made, with 27,537 shares bought at 28.6578 GBP per unit and 2,767 shares bought at 28.7700 GBP per unit.
The disclosure also mentions that JPMorgan Asset Management is making disclosures in respect of Crest Nicholson Holdings plc, indicating a broader interest in the sector. The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides insight into JPMorgan Asset Management's significant position in Bellway PLC and their recent dealings with the company's shares. It also indicates their involvement with another company in the same sector, potentially reflecting a strategic interest in the UK housebuilding industry.