Legal & General Investment Management (Holdings) Ltd. has disclosed a 1.99% stake 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 2,373,700 relevant securities of Bellway plc. The disclosure was made on 20 June 2024, and it includes details of purchases and sales of relevant securities, with 2,200 securities sold at GBP 25.588424 per unit and 2,513 securities sold at GBP 25.6 per unit.
The disclosure also states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form 8 (open positions) is attached to the disclosure. The contact person for the disclosure is James Brown, with a provided telephone number for further inquiries.
This disclosure provides insight into the significant stake held by Legal & General Investment Management (Holdings) Ltd. in Bellway plc, a notable development in the company's ownership landscape. It also offers transparency regarding the transactions and positions held by the disclosing entity, in compliance with regulatory requirements.