Threadneedle Asset Management Holdings Ltd, on behalf of affiliate companies, has disclosed a 7.51% interest in Bellway Plc. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that the company owns and/or controls 19,301,301 relevant securities of Bellway Plc. Additionally, the disclosure includes a sale of 295,562 5p Ordinary shares of Bellway Plc at a price of GBP 2.40 per unit. The disclosure also mentions that Threadneedle Asset Management Holdings Ltd has an ultimate parent company, Ameriprise Financial, Inc.
The disclosure also relates to Crest Nicholson Holdings Plc, with Threadneedle Asset Management Holdings Ltd disclosing a position of 7.51% interest in the company. The disclosure specifies that the company owns and/or controls 19,301,301 relevant securities of Crest Nicholson Holdings Plc.
The disclosure does not include any cash-settled derivative transactions, stock-settled derivative transactions, or other dealings. It also states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure.
The disclosure was made on 27th June 2024, and the contact person for the disclosure is Ben Lyon, with a telephone number of 01793 363754. Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.