The news provided is a Form 8.3 disclosure by Dimensional Fund Advisors Ltd. regarding their interests in Bellway PLC's ordinary shares. Dimensional Fund Advisors Ltd. and its affiliates, as investment advisors, have disclosed that they do not have beneficial ownership of the shares described in the form. They have a 4.47% interest in Bellway PLC, representing 5,316,543 shares. It is noted that Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 23,322 shares that are included in the total above.
The disclosure also includes details of dealings by the person making the disclosure. It mentions a sale of 4,557 securities at a price of 26.8471 GBP per unit and a transfer in of 1,886 shares of 12.5p ordinary. The form also includes a section for "Other Information," where the discloser states that there are no indemnity or other dealing arrangements, and no agreements, arrangements, or understandings relating to options or derivatives.
The form provides a comprehensive overview of Dimensional Fund Advisors Ltd.'s interests and dealings in Bellway PLC's ordinary shares, in compliance with Rule 8.3 of the Takeover Code. It offers transparency regarding their position and transactions related to the relevant securities of Bellway PLC. This disclosure is an important regulatory requirement for transparency and fairness in the financial markets.