Legal & General Investment Management (Holdings) Ltd. has disclosed a 2% stake in Bellway PLC. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure includes the date of the position held, the number and percentage of relevant securities owned and/or controlled, as well as any dealings by the person making the disclosure. The disclosure also confirms that there are no indemnity and other dealing arrangements or agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on 17 June 2024.
Legal & General Investment Management (Holdings) Ltd. revealed that they own and/or control 2,391,297 relevant securities of Bellway PLC, representing 2.00% of the total. Additionally, the disclosure includes details of a sale of 159 securities at a price of GBP 26.32 per unit.
The disclosure also confirms that there are no open stock-settled derivative positions, cash-settled derivative transactions, or other dealings, such as subscribing for new securities. Furthermore, there are no agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides transparency about Legal & General Investment Management (Holdings) Ltd.'s stake in Bellway PLC and their recent dealings with the company's securities. It offers valuable information for investors and market analysts to understand the current ownership and trading activities related to Bellway PLC's securities.