Schroders PLC has made an amendment to its Form 8.3 disclosure for Bellway PLC, a public opening position disclosure by a person with interests in relevant securities representing 1% or more. The disclosure, dated 03/07/2024, reveals that Schroders PLC owns and/or controls 3,098,249 shares, representing 2.604% of the 12.5p Ordinary shares of Bellway PLC. Additionally, they hold 197,742 cash-settled derivatives, amounting to 0.166% of the relevant securities.
The amendment also includes details of recent dealings by Schroders PLC. This includes the purchase of 19,826 12.5p Ordinary shares at a price of 26.12645163 GBP per unit, as well as an increase in a long position through a cash-settled derivative transaction involving 1,752 reference securities at a price of 26.1368 GBP per unit. Furthermore, Schroders PLC received a stock dividend of 1 12.5p Ordinary share at a price of 25.64830000 GBP per unit.
The disclosure also 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 amendment indicates a reduction in the total position due to expired cash-settled options and other transactions detailed in the disclosure.
The disclosure concludes with the confirmation that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives, and no supplemental Form 8 (Open Positions) is attached. The disclosure was made on 04/07/2024 by Schroders PLC.
This amendment to the Form 8.3 disclosure provides detailed insights into Schroders PLC's interests, short positions, and recent dealings related to Bellway PLC, offering transparency and clarity regarding their holdings and transactions.