Legal & General Investment Management (Holdings) Ltd. has disclosed a 1.93% 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 2,307,905 relevant securities of Bellway plc. The disclosure was made on 8th July 2024, with the position held/dealing undertaken on 5th July 2024.
Additionally, the disclosure also mentions that Legal And General Investment Management (Holdings) Ltd. is making disclosures in respect of another party to the offer, Crest Nicholson Holdings plc. The disclosure includes details of purchases and sales of relevant securities, with 6,664 securities purchased at a price of GBP 27 per unit.
The disclosure also includes information about indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings. Furthermore, there are no agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides a comprehensive overview of Legal And General Investment Management (Holdings) Ltd.'s interests and short positions in Bellway plc, as well as its dealings and other relevant information in accordance with the regulatory requirements.