Threadneedle Asset Management Holdings Ltd, on behalf of affiliate companies, has disclosed a 0.87% interest in Bellway Plc. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, indicates that Threadneedle Asset Management Holdings Ltd, as an affiliate of Ameriprise Financial, Inc., holds 1,030,350 relevant securities of Bellway Plc. The disclosure was made on 15th July 2024, with the latest practicable date prior to the disclosure being 12th July 2024.
The disclosure also includes details of a sale of 2,295 12.5p Ordinary shares of Bellway Plc at a price of GBP 26.62 per unit. Additionally, it states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides insight into the holdings and dealings of Threadneedle Asset Management Holdings Ltd, shedding light on their position in Bellway Plc and their recent sale of a portion of their shares in the company. It offers transparency in line with regulatory requirements and contributes to the overall understanding of the market and the activities of significant shareholders in Bellway Plc.