abrdn PLC, a significant shareholder in Bellway PLC, has disclosed a 1.80% interest in the company's 12.5p ordinary shares. The disclosure, made on 8th August 2024, revealed that abrdn PLC owns and/or controls 2,143,182 relevant securities. Additionally, abrdn PLC has engaged in a sale of 500 securities at a price of GBP 27.117 per unit. The disclosure also indicated 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) was attached to the disclosure.
This disclosure is in compliance with Rule 8.3 of the Takeover Code, which requires public opening position disclosure/dealing disclosure by a person with interests in relevant securities representing 1% or more. The information provided by abrdn PLC offers transparency regarding their holdings and dealings in Bellway PLC, providing valuable insights for investors and the market as a whole.