JPMorgan Asset Management has disclosed its position in Bellway PLC, a UK-based housebuilding company. As of 12 August 2024, JPMorgan Asset Management holds 4.69% of the 12.5p ordinary shares of Bellway PLC, amounting to 5,575,625 shares. Additionally, they have cash-settled derivatives of 0.02% and no stock-settled derivatives or agreements to purchase/sell. The disclosure also includes purchases and sales of Bellway PLC's ordinary shares, with details of the number of securities and price per unit.
The disclosure also mentions that JPMorgan Asset Management is making disclosures in respect of another party to the offer, Crest Nicholson Holdings plc. However, no further details about this disclosure are provided in the news.
The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form is attached to the disclosure.
This disclosure provides valuable insights into JPMorgan Asset Management's significant position in Bellway PLC, offering transparency to the market and investors regarding the ownership and trading activities related to the company's securities.