Franklin Resources, Inc. has disclosed its position in Bellway PLC's relevant securities, representing 2.91% of the 12.5p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Franklin Resources, Inc. owns and/or controls 3,467,197 relevant securities. The disclosure also includes details of recent dealings, with the company selling 11,596 securities at 25.42 GBP per unit and 28,404 securities at 25.39 GBP per unit on 2nd July 2024.
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's relevant securities.
This disclosure provides insight into Franklin Resources, Inc.'s position and recent dealings with Bellway PLC's relevant securities, offering transparency in accordance with the regulatory requirements of the Takeover Code.