Schroders PLC has disclosed its position in Bellway PLC, revealing ownership and control of 2.589% of the 12.5p Ordinary shares, totaling 3,080,040 shares. Additionally, they hold cash-settled derivatives of 0.198% of the shares, amounting to 235,258. The disclosure also includes details of recent dealings, such as the purchase of 13,496 12.5p Ordinary shares at a price of 25.36190000 GBP per unit.
The disclosure further states 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 document also mentions that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides insight into Schroders PLC's significant position in Bellway PLC and their recent dealings, offering transparency to the market and stakeholders. It also indicates their confidence in the company's potential and their strategic investment decisions.