Threadneedle Asset Management Holdings Ltd, on behalf of affiliate companies, has disclosed a 6.40% interest in Bellway Plc. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that the company owns and/or controls 16,452,800 relevant securities of Bellway Plc. Additionally, the disclosure includes a purchase of 8,989 5p Ordinary shares of Bellway Plc at a price of GBP 2.64 per unit. The disclosure also mentions that Threadneedle Asset Management Holdings Ltd has an ultimate parent company, Ameriprise Financial, Inc.
Furthermore, the disclosure relates to Crest Nicholson Holdings Plc, indicating that Threadneedle Asset Management Holdings Ltd has an interest in relevant securities representing 1% or more in the company. However, the specific details of the interest in Crest Nicholson Holdings Plc are not provided in the disclosure.
The disclosure does not include any cash-settled derivative transactions, stock-settled derivative transactions, or other dealings, such as subscribing for new securities. It also states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure was made on 29th July 2024 and includes the contact name and telephone number for further information. It is important to note that the disclosure was made to a Regulatory Information Service, as required by Rule 8 of the Code.
In summary, Threadneedle Asset Management Holdings Ltd has disclosed its position in Bellway Plc, indicating a 6.40% interest in the company, as well as its interest in Crest Nicholson Holdings Plc. The disclosure provides specific details about the number of relevant securities owned and/or controlled, as well as a recent purchase of Bellway Plc shares.