Legal & General Investment Management (Holdings) Ltd. has disclosed a 1.92% 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 2,294,633 relevant securities of Bellway plc. The disclosure also includes details of recent dealings, with the purchase of 2,817 securities at GBP 27.24 per unit and the sale of 5,178 securities at GBP 27.02645 per unit on 23 July 2024.
The disclosure also mentions that Legal And General Investment Management (Holdings) Ltd. is making disclosures in respect of another party, Crest Nicholson Holdings plc. Additionally, the form includes information about the nature of the rights concerned and relevant percentages, as well as details of any indemnity or option arrangement, which in this case is stated as "none."
The disclosure provides a comprehensive overview of Legal And General Investment Management (Holdings) Ltd.'s interests and short positions in Bellway plc, offering transparency and insight into the company's holdings and recent dealings. This information is crucial for investors and market analysts to understand the current ownership and trading activities related to Bellway plc's securities.