Legal & General Investment Management (Holdings) Ltd. has disclosed a 1.93% stake 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 2,296,994 relevant securities of Bellway plc. The disclosure was made on 22 July 2024, with the latest practicable date prior to the disclosure being 19 July 2024.
In addition to Bellway plc, Legal And General Investment Management (Holdings) Ltd. is also making disclosures in respect of Crest Nicholson Holdings plc. The disclosure includes details of purchases and sales of relevant securities, with the sale of 2,558 securities at a price of GBP 27.074269 per unit and the sale of 651 securities at a price of GBP 27.18 per unit.
The disclosure also states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no Supplemental Form 8 (Open Positions) is attached to the disclosure.
This disclosure provides valuable insight into the ownership and control of relevant securities in Bellway plc by Legal And General Investment Management (Holdings) Ltd., offering transparency in the company's holdings and dealings.