Legal & General Investment Management (Holdings) Ltd. has disclosed a 1.91% interest 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 2,280,975 relevant securities of Bellway plc. The disclosure was made on 29 July 2024, and it also mentions that the discloser is making disclosures in respect of another party to the offer, Crest Nicholson Holdings plc.
Additionally, the disclosure includes details of a sale of 2,027 securities of Bellway plc at a price of GBP 28.523552 per unit. The disclosure also states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides insight into the ownership and dealing activities of Legal & General Investment Management (Holdings) Ltd. in relation to Bellway plc, offering transparency to the market and stakeholders.