The Vanguard Group, Inc. has disclosed a 5.17% stake in Bellway PLC, representing 6,153,257 ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, indicates the ownership or control of interests and short positions in relevant securities. The disclosure also includes details of recent dealings, such as the purchase of 645 securities and the sale of 975 securities, both at a price of 27.49 GBP per unit.
The disclosure further outlines that The Vanguard Group, Inc. has not entered into any indemnity or other dealing arrangements, nor are there any agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form for open positions is attached to the disclosure.
This disclosure provides insight into The Vanguard Group, Inc.'s significant stake in Bellway PLC and its recent dealings with the company's securities. It offers transparency regarding the ownership and control of relevant securities, in compliance with the regulatory requirements of the Takeover Code.