BlackRock, Inc. has disclosed its position in Bellway plc, a UK-based residential property developer. As of 20 June 2024, BlackRock, Inc. holds 7.04% of the relevant securities in Bellway plc, representing 8,384,806 shares. Additionally, they have cash-settled derivatives amounting to 0.37% and short positions of 0.08%. The disclosure also includes details of recent dealings, including the purchase of 2,961 12.5p ordinary shares at a price of GBP 25.6200 per unit.
Furthermore, BlackRock, Inc. has engaged in cash-settled derivative transactions, including increasing short positions. They have also conducted a stock-settled derivative transaction, specifically a transfer in of 627 12.5p ordinary shares. The disclosure indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure is in accordance with Rule 8.3 of the Takeover Code and has been made to a Regulatory Information Service. For further information, the contact person is Jana Blumenstein, reachable at +44 20 7743 3650.