Threadneedle Asset Management Holdings Ltd, on behalf of affiliate companies, has disclosed a 0.85% interest in Bellway Plc. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, indicates that the company owns and/or controls 1,015,479 relevant securities of Bellway Plc. The disclosure was made on 25/07/2024, with a sale of 2,750 securities at a price of GBP 27.56 per unit. The ultimate parent company of Threadneedle Asset Management Holdings Ltd and affiliated companies is Ameriprise Financial, Inc.
The disclosure also includes information on the dealings by Threadneedle Asset Management Holdings Ltd, including the purchase and sale of 12.5p Ordinary securities. Additionally, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides transparency regarding Threadneedle Asset Management Holdings Ltd's position in Bellway Plc and its recent dealings with the company's securities. It is in compliance with the regulatory requirements of the Takeover Code and aims to provide relevant information to the market and investors.