The Vanguard Group, Inc. has disclosed a 5.11% 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 6,074,802 12.5p ordinary shares of Bellway PLC. The disclosure was made on 20 June 2024, and it includes details of purchases made, with 2,556 securities purchased at a price of 25.62 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 this stake.
This disclosure provides insight into The Vanguard Group, Inc.'s significant stake in Bellway PLC, indicating a notable interest in the company's performance and future prospects. It also offers transparency in line with regulatory requirements, ensuring that relevant stakeholders are informed about significant ownership positions in the company.