State Street Global Advisors has disclosed its position in Bellway plc and Crest Nicholson Holdings plc. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that State Street Global Advisors & Affiliates holds 1.10384% of the 12.5p ordinary shares in Bellway plc, amounting to 1,313,334 shares. The change in the holding of 82 shares since the last disclosure on 28th June 2024 is due to the transfer in of a discretionary holding.
In addition to Bellway plc, State Street Global Advisors is also making disclosures in respect of Crest Nicholson Holdings plc. The disclosure also includes details of dealings, including purchases and sales of 12.5p ordinary shares in Bellway plc. This includes the purchase of 90 shares at GBP 25.40 per unit and the sale of 41,020 shares at GBP 25.5753 per unit.
The disclosure also confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure.
The disclosure was made on 2nd July 2024, and any public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosures.
This disclosure provides insight into the holdings and dealings of State Street Global Advisors in Bellway plc and Crest Nicholson Holdings plc, offering transparency in their positions and transactions in these companies' securities.