Schroders PLC has released a Form 8.3 disclosure related to Bellway PLC, as per the Takeover Code. The disclosure includes key information such as the full name of the discloser, the date of the position held, and the relevant securities owned and/or controlled. Schroders PLC holds 2,933,099 shares, representing 2.465% of the relevant securities, along with cash-settled derivatives of 167,909 shares, amounting to 0.141%.
The disclosure also details recent dealings by Schroders PLC, including the sale of 9,185 shares at 26.52 GBP per unit, 27,913 shares at 26.78 GBP per unit, and 12,837 shares at 26.60202 GBP per unit. Additionally, a transfer of 12,837 units of 12.5p ordinary shares was made at 0 GBP per unit.
The disclosure further states that Schroders PLC does not have discretion regarding dealing and/or offer acceptance/voting decisions in respect of 622,790 shares that are included in the total above. The disclosure also confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This Form 8.3 disclosure provides a comprehensive overview of Schroders PLC's position and dealings in Bellway PLC, offering transparency and insight into their interests and activities related to the relevant securities.