abrdn PLC, a significant shareholder in Bellway PLC, has disclosed its position in the company's relevant securities. As of 26 June 2024, abrdn PLC owns and/or controls 1.82% of Bellway PLC's 12.5p ordinary shares, amounting to 2,161,966 securities. Additionally, abrdn PLC has engaged in a sale of 3,144 12.5p ordinary shares at a price of GBP 25.610 per unit. The disclosure indicates abrdn PLC's significant interest and involvement in Bellway PLC's securities.
The disclosure by abrdn PLC provides insight into its holdings and dealings with Bellway PLC's securities, shedding light on the company's position and activity in the market. This information is crucial for investors and market analysts to understand the dynamics and interests of major shareholders in Bellway PLC. It also offers transparency and visibility into the trading activities and positions of significant stakeholders, contributing to a more informed investment landscape.
The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form 8 (open positions) is attached to the disclosure. The contact person for the disclosure is Lyn Beaton, with a provided telephone number for further inquiries.
This disclosure by abrdn PLC under Rule 8 of the Code provides essential information to the market and investors regarding its position in Bellway PLC's relevant securities. It offers transparency and clarity on the holdings and dealings of a major shareholder, contributing to a more informed and open market environment.