Threadneedle Asset Management Holdings Ltd, on behalf of affiliate companies, has disclosed a 0.85% interest in Bellway Plc. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, states that the position was held as of 5th August 2024. The disclosure also includes details of a sale of 236 12.5p Ordinary shares at a price of GBP 26.43 per unit. The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure by Threadneedle Asset Management Holdings Ltd provides insight into their position in Bellway Plc, a significant move that could impact the company's shareholder landscape. This information is crucial for investors and market analysts to understand the dynamics of ownership and trading activities within Bellway Plc. It also sheds light on the strategies and decisions of major stakeholders in the company, potentially influencing market sentiment and investment decisions.