FMR LLC and/or its subsidiaries, along with FIL Limited and/or its subsidiaries, have disclosed their ownership of a 5.14% stake in Bellway PLC. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that the entities collectively own 6,123,861 12.5p Ordinary shares of Bellway PLC as of August 8, 2024. Additionally, the disclosure includes the sale of 14,935 12.5p Ordinary shares at a price of 26.71 GBP per share.
The disclosure does not include any cash-settled derivative transactions or stock-settled derivative transactions. Furthermore, there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives disclosed in relation to Bellway PLC.
This disclosure provides insight into the ownership and recent dealings of FMR LLC and FIL Limited in Bellway PLC, offering transparency to the market and stakeholders. It indicates the entities' significant interest in the company and their recent sale of a portion of their shares.