Schroders PLC has disclosed its position in Bellway PLC and Crest Nicholson Holdings PLC, as per Rule 8.3 of the Takeover Code. As of 1st July 2024, Schroders PLC holds 2.587% of the relevant securities in Bellway PLC, amounting to 3,078,422 shares. Additionally, they have 0.198% in cash-settled derivatives, totaling 235,258 shares. Schroders PLC also revealed the sale of 1,618 12.5p Ordinary shares in Bellway PLC at a price of 25.40000000 GBP per unit.
The disclosure also includes information about the absence of indemnity and other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives. No supplemental form was attached to the disclosure. The disclosure was made on 2nd July 2024, and the contact person for the disclosure is Indea Lashley-Patel, with a telephone number of +442076587271.
This disclosure provides insight into Schroders PLC's holdings and dealings with Bellway PLC and Crest Nicholson Holdings PLC, offering transparency in line with the regulatory requirements of the Takeover Code.