Royal London Asset Management Ltd has disclosed a 1.68% interest in Bellway plc, representing 2,001,847 ordinary shares. The disclosure was made on 3rd July 2024, with the latest practicable date prior to the disclosure being 2nd July 2024. The disclosure also includes dealings in Bellway plc's securities, with the sale of 5,067 securities at a price of 25.5600 GBP per unit and the sale of 12,460 securities at a price of 25.4936 GBP per unit.
The disclosure by Royal London Asset Management Ltd is in accordance with Rule 8.3 of the Takeover Code, which requires public disclosure of a person's interests in relevant securities representing 1% or more. The disclosure also includes information about cash-settled derivative transactions and stock-settled derivative transactions, as well as other dealings, such as subscribing for new securities.
The disclosure does not include any indemnity or other dealing arrangements, and no supplemental Form 8 (Open Positions) is attached to the disclosure. The contact person for the disclosure is Neil Picozzi, with a telephone number of 0203 2725934.
This disclosure provides transparency regarding Royal London Asset Management Ltd's position and dealings in Bellway plc, offering insights into the ownership and control of relevant securities, as well as the nature of the transactions undertaken.