Baillie Gifford & Co has disclosed a 6.01% interest in Bellway PLC, representing 7,146,528 shares. The disclosure, made on 26th July 2024, includes details of the ownership and control of relevant securities, as well as dealings in the 12.5p Ordinary shares. Baillie Gifford & Co clarified that they do not have discretion regarding voting decisions and offer acceptance in respect of 1,883,227 shares included in the total. The disclosure also outlined the purchases and sales of the 12.5p Ordinary shares, with 5,714 and 11,738 shares sold at prices of 27.56 and 27.5314 per unit, respectively.
The disclosure did not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form was attached to the disclosure. The contact person for the disclosure is Sunha Mohammed, with a provided telephone number for further inquiries.
This disclosure provides insight into Baillie Gifford & Co's significant interest in Bellway PLC and their recent dealings with the company's shares. It offers transparency regarding their position and transactions, as required by the Rule 8.3 of the Takeover Code.