Legal & General Investment Management (Holdings) Ltd. has disclosed a 1.91% interest in Bellway plc. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Legal And General Investment Management (Holdings) Ltd. owns and/or controls 2,283,002 relevant securities of Bellway plc. The disclosure was made on 29 July 2024, with the position being held since 26 July 2024.
Additionally, the disclosure also mentions that Legal And General Investment Management (Holdings) Ltd. is making disclosures in respect of another party to the offer, Crest Nicholson Holdings plc. The disclosure includes details of purchases and sales of relevant securities, with 4,417 securities being sold at a price of GBP 27.933346 per unit.
The disclosure also includes information about indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings. Furthermore, there are no agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides a comprehensive overview of Legal And General Investment Management (Holdings) Ltd.'s interests and dealings in relevant securities of Bellway plc, as well as its compliance with the disclosure requirements under Rule 8 of the Code.