Schroders PLC has disclosed its position in Bellway PLC, a UK-based housebuilding company. As of July 31, 2024, Schroders PLC holds 2,970,958 shares in Bellway PLC, representing 2.497% of the total shares. Additionally, they have 167,909 cash-settled derivatives, amounting to 0.141% of the total shares. Schroders PLC also revealed that they do not have discretion regarding dealing and offer acceptance in respect of 622,790 shares included in the total above.
Furthermore, Schroders PLC has sold 23,377 12.5p Ordinary shares of Bellway PLC at a price of 28.71640672 GBP per unit. The disclosure also states that there are no indemnity or option arrangements, agreements, or understandings relating to options or derivatives.
This disclosure provides insight into Schroders PLC's significant position in Bellway PLC and their recent sale of a portion of their shares in the company. It offers transparency regarding their holdings and dealings with Bellway PLC's securities.