Schroders PLC has disclosed its position in Bellway PLC, revealing ownership and control of 2,922,737 shares, representing 2.456% of the company's 12.5p Ordinary shares. Additionally, the disclosure includes 170,273 cash-settled derivatives, amounting to 0.143% of the relevant securities. The disclosure also details recent dealings, including the sale of 10,362 shares at a price of 27.16 GBP per unit and various derivative transactions. Furthermore, the disclosure states that Schroders PLC does not have discretion regarding dealing and/or offer acceptance in respect of 622,790 shares included in the total disclosed.
The disclosure also highlights the reduction in the total position due to expired cash-settled options and other transactions. It further specifies the nature of the rights to subscribe for new securities and provides details of any indemnity or option arrangements. The disclosure concludes with the confirmation that no supplemental form is attached and includes the date of disclosure and contact information.
This disclosure provides a comprehensive overview of Schroders PLC's position and dealings with Bellway PLC, offering insight into the ownership, control, and recent transactions involving relevant securities.