Legal & General Investment Management (Holdings) Ltd. has disclosed a 1.96% stake in Bellway plc. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Legal And General Investment Management (Holdings) Ltd. owns and/or controls 2,337,247 relevant securities of Bellway plc. The disclosure was made on 21 June 2024, and it includes details of purchases and sales of relevant securities, with 36,453 securities sold at a price of GBP 25.66 per unit.
The disclosure also states that there are no indemnity or other dealing arrangements, and no agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form 8 (open positions) is attached to the disclosure.
This public dealing disclosure provides insight into Legal & General Investment Management (Holdings) Ltd.'s significant stake in Bellway plc, offering transparency to the market and potential investors. It also indicates the company's recent dealings in relevant securities, contributing to a comprehensive understanding of the current ownership and trading activities related to Bellway plc.