The Vanguard Group, Inc. has disclosed a 5.10% 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 6,069,220 relevant securities of Bellway plc. The disclosure also includes the purchase of 19,900 12.5p ordinary shares at a price of 27.30 GBP per unit.
The disclosure does not include any cash-settled derivative transactions or stock-settled derivative transactions. Additionally, there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives disclosed in relation to Bellway plc.
The disclosure was made on 19 July 2024 and was accompanied by the contact name Shawn Acker and telephone number 001-610-669-6713. The disclosure was made to a Regulatory Information Service and is available for consultation in relation to the Code’s disclosure requirements.
This disclosure provides insight into The Vanguard Group, Inc.'s significant stake in Bellway plc and its recent purchase of 12.5p ordinary shares, indicating its continued interest and investment in the company.