Norges Bank has disclosed a 1.78% stake in Bellway PLC, representing 2,121,119 ordinary shares. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The bank also revealed a sale of 28,380 ordinary shares at a price of GBP 27.2704 per unit. The disclosure did not include any open stock-settled derivative positions or agreements to purchase or sell relevant securities. Additionally, there were no attachments or supplemental forms included in the disclosure.
This disclosure provides insight into Norges Bank's significant stake in Bellway PLC, indicating the bank's interest and involvement in the company's securities. It also sheds light on the recent sale of a portion of their holdings, potentially reflecting their investment strategy or portfolio adjustments. This information is valuable for investors and market analysts, offering a glimpse into the activities of major institutional shareholders and their positions in the company.