Schroders PLC has disclosed its position in Bellway PLC, stating that it owns and/or controls 3,141,417 shares, representing 2.640% of the company's 12.5p Ordinary shares. Additionally, the disclosure includes 195,534 cash-settled derivatives, amounting to 0.164% of the shares. 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.
The disclosure further details the dealings made by Schroders PLC, including the sale of 1,495 12.5p Ordinary shares at a price of 25.56216722 GBP per unit. It also includes the opening of a short position for 27,139 12.5p Ordinary shares through a call option at a price of 0.127799845 GBP per unit.
The disclosure concludes with the confirmation that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure.
This disclosure provides insight into Schroders PLC's position and dealings with Bellway PLC, offering transparency to the market and stakeholders regarding the ownership and control of relevant securities.