Dimensional Fund Advisors Ltd. has disclosed a 4.45% interest in Bellway PLC, representing 5,290,605 ordinary shares. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. It is important to note that Dimensional expressly disclaims beneficial ownership of the shares described in the form 8.3. Additionally, it was stated that Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 23,322 shares that are included in the total above.
The disclosure also includes details of dealings by the person making the disclosure. This includes the purchase of 5,315 securities at a price of 26.2312 GBP per unit. Furthermore, the form provides information on the nature of the dealings, such as cash-settled derivative transactions and stock-settled derivative transactions, including options.
The form also includes a section for other information, where the person making the disclosure is required to provide details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing. In this case, it was stated that there are no such agreements, arrangements, or understandings.
Overall, the form 8.3 submitted by Dimensional Fund Advisors Ltd. provides a comprehensive disclosure of their interests and dealings in Bellway PLC, in compliance with the regulatory requirements.