Schroders PLC has disclosed a public opening position in Bellway PLC, representing 2.642% of the 12.5p Ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, includes 3,142,912 relevant securities owned and/or controlled, along with 196,768 cash-settled derivatives. The disclosure also mentions that Schroders PLC does not have discretion regarding dealing and/or offer acceptance/voting decisions in respect of 622,790 shares included in the total.
The form also details a sale of 14,818 12.5p Ordinary shares at a price of 26.700 GBP per unit. It further outlines that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives, and no supplemental form is attached to the disclosure.
The disclosure was made on 09/07/2024, and the contact person for the disclosure is Lucas Robley Dixon, with a provided telephone number for further inquiries. Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements.
This Form 8.3 disclosure provides a comprehensive overview of Schroders PLC's position in Bellway PLC, including the percentage of relevant securities owned, derivative transactions, and recent dealings, in compliance with the Takeover Code's disclosure requirements.