Legal & General Investment Management (Holdings) Ltd. has disclosed a 1.91% 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 2,282,876 relevant securities of Bellway plc. The disclosure was made on 5th August 2024, with the latest practicable date prior to the disclosure being 2nd August 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 1,901 securities purchased at a price of GBP 27.71 per unit.
The disclosure also provides information on the absence of indemnity and other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives. It is noted that no Supplemental Form 8 (Open Positions) is attached to the disclosure.
This disclosure provides insight into the ownership and dealings of Legal And General Investment Management (Holdings) Ltd. in relation to Bellway plc, offering transparency and clarity regarding their stake in the company.