abrdn plc, a key discloser, has revealed its position in Bellway PLC's relevant securities, representing 1.84% of the 12.5p ordinary shares. The disclosure, made on 17 June 2024, indicates that abrdn plc owns and/or controls 2,186,352 relevant securities. Additionally, the disclosure includes details of a sale of 2,611 securities at a price of GBP 25.980 per unit. The disclosure also confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure.
This disclosure provides valuable information about abrdn plc's position in Bellway PLC's relevant securities, shedding light on their ownership and control of a significant percentage of the 12.5p ordinary shares. The details of the sale of securities at a specific price per unit offer insights into abrdn plc's recent dealings with Bellway PLC's securities. The absence of indemnity or other dealing arrangements, agreements, or understandings relating to options or derivatives indicates a straightforward and transparent position disclosure by abrdn plc.
This disclosure is in line with the regulatory requirements and provides transparency to the market regarding abrdn plc's position in Bellway PLC's relevant securities. It offers investors and stakeholders valuable information about the ownership and control of the 12.5p ordinary shares, as well as recent dealings in these securities. The absence of supplemental forms and the clear, concise nature of the disclosure further enhance its transparency and accessibility to the market.