Orbis Investment Management Ltd, on July 9, 2024, disclosed a public opening position dealing in Bellway PLC's relevant securities representing 1% or more. The disclosure revealed that Orbis Investment Management Limited owns and/or controls 0.9671% of the 12.5p ordinary shares of Bellway PLC, amounting to 1,150,690 securities. Additionally, the disclosure included a sale of 56,277 12.5p ordinary shares at a price of GBP 26.745 per unit on July 8, 2024.
The disclosure also stated that there were no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form was attached to the disclosure.
This disclosure provides insight into Orbis Investment Management Ltd's position in Bellway PLC and their recent dealings with the company's securities. It offers transparency and clarity regarding their ownership and control of relevant securities, as well as their recent sale of a portion of these securities.