Phoenix Asset Management Partners Limited has disclosed an amendment to their position in Bellway Plc, a UK-based residential property developer. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that Phoenix Asset Management Partners Limited holds 1.79% of the 12.5p ordinary shares of Bellway Plc, representing 2,133,376 relevant securities. The disclosure also includes details of a recent sale of 9,569 securities at a price of GBP 25.5950 per unit.
The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure. The contact person for this disclosure is Oliver Jones, with a provided telephone number for further inquiries.
This disclosure provides insight into the current holdings and recent dealings of Phoenix Asset Management Partners Limited in Bellway Plc, offering transparency in line with regulatory requirements.