Threadneedle Asset Management Holdings Ltd, on behalf of affiliate companies, has disclosed a 0.86% interest in Bellway Plc. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Threadneedle Asset Management Holdings Ltd, as an affiliate of Ameriprise Financial, Inc., holds 1,018,229 relevant securities of Bellway Plc. The disclosure was made on 24th July 2024, with a sale of 7,689 securities at a price of GBP 27.33 per unit.
The disclosure also includes information about the nature of the dealings, specifying the sale of 12.5p Ordinary securities. Additionally, the disclosure states that there are no indemnity or option 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 insight into the holdings and dealings of Threadneedle Asset Management Holdings Ltd, shedding light on their position in Bellway Plc. It offers transparency in line with regulatory requirements and contributes to the public understanding of the company's interests and activities in relevant securities.