State Street Global Advisors has disclosed a position in Bellway plc, representing 1.11399% of the relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes the purchase of 316 12.5p ordinary shares at GBP 27.04 per unit and the sale of 2,106 12.5p ordinary shares at the same price. Additionally, the disclosure indicates an interest in Crest Nicholson Holdings plc. The disclosure does not include any indemnity or option arrangements, and no supplemental form is attached.
The disclosure by State Street Global Advisors provides specific details of their position in Bellway plc, including the number and percentage of relevant securities owned and controlled. It also outlines the dealings in the relevant securities, specifying the number of securities purchased and sold, along with the price per unit. The disclosure also mentions an interest in Crest Nicholson Holdings plc, indicating that the company is making disclosures in respect of another party to the offer.
The disclosure does not include any cash-settled derivative transactions, stock-settled derivative transactions, or other dealings, such as subscribing for new securities. Furthermore, it states that there are no indemnity or other dealing arrangements, as well as no agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure.
Overall, the disclosure by State Street Global Advisors provides a comprehensive overview of their position in Bellway plc, including the relevant securities owned and controlled, as well as the specific details of the dealings in those securities. It also highlights their interest in Crest Nicholson Holdings plc, while clarifying the absence of indemnity or option arrangements and agreements relating to options or derivatives.