Franklin Resources, Inc. has disclosed its position in Bellway PLC's relevant securities, representing 2.91% of the 12.5p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Franklin Resources, Inc. owns and/or controls 3,467,224 relevant securities. Additionally, the disclosure includes details of a sale of 2,030 securities at a price of 25.92 GBP per unit. Furthermore, there was a transfer in of discretionary holdings, involving 2,057 securities.
The disclosure also states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. It is important to note that no Supplemental Form 8 (Open Positions) is attached to the disclosure.
This disclosure provides valuable information about the ownership and control of relevant securities in Bellway PLC by Franklin Resources, Inc., offering insights into the current position and dealings related to these securities. It also serves as a regulatory requirement under the Takeover Code, ensuring transparency and compliance with disclosure obligations.