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 2,287,419 relevant securities of Bellway plc. The disclosure was made on 25 July 2024, and it includes details of purchases and sales of the relevant securities. The disclosure also mentions that Legal And General Investment Management (Holdings) Ltd. is making disclosures in respect of another party, Crest Nicholson Holdings plc.
The disclosure includes information about the interests and short positions in the relevant securities of Bellway plc, as well as details of any open stock-settled derivative positions. It also provides information about purchases and sales of the relevant securities, including the number of securities and the price per unit. Additionally, the disclosure states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure is a public dealing disclosure made to a Regulatory Information Service, as required by Rule 8 of the Code. It includes the contact name and telephone number of James Brown, who can be reached for further information. The Panel's Market Surveillance Unit is also available for consultation in relation to the Code's disclosure requirements.
This disclosure provides transparency about Legal & General Investment Management (Holdings) Ltd.'s stake in Bellway plc and its related dealings, in accordance with regulatory requirements. It offers insights into the ownership and control of relevant securities, as well as the nature of the transactions involving these securities.