abrdn PLC, a significant shareholder in Bellway PLC, has disclosed a 1.80% interest in the company's 12.5p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that abrdn PLC owns and/or controls 2,143,142 relevant securities. Additionally, the disclosure includes details of a recent sale of 167 securities at a price of GBP 27.432 per unit.
The disclosure does not include any indemnity or other dealing arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form is attached to the disclosure.
This public disclosure provides valuable insight into the ownership and trading activities of a significant shareholder in Bellway PLC, offering transparency to the market and investors. It also serves as an important regulatory requirement under the Takeover Code.