The Vanguard Group, Inc. has disclosed a 5.15% stake in Bellway plc. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that The Vanguard Group, Inc. owns and/or controls 6,130,554 ordinary shares of Bellway plc. The disclosure also includes the details of a sale of 325 ordinary shares at a price of 27.96 GBP per unit. The disclosure does not include any 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 5 August 2024 by Shawn Acker from The Vanguard Group, Inc.
This disclosure provides insight into The Vanguard Group, Inc.'s significant stake in Bellway plc, indicating its interest and involvement in the company's affairs. It also offers transparency regarding the recent sale of a portion of their stake in Bellway plc. This information is crucial for investors, analysts, and other stakeholders to understand the ownership and trading activities of significant shareholders in Bellway plc.