The Vanguard Group, Inc. has disclosed a 5.11% stake in Bellway PLC. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that The Vanguard Group, Inc. owns and/or controls 6,082,009 relevant securities of Bellway PLC. The disclosure also includes details of recent dealings, with the purchase of 1,995 securities at 28.16 GBP per unit and the sale of 1,105 securities at 28.18 GBP per unit.
The disclosure further reveals that The Vanguard Group, Inc. has not entered into any indemnity or option arrangements, agreements, or understandings relating to relevant securities. Additionally, no supplemental form 8 (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, as well as the absence of certain agreements or arrangements related to these securities.