The Vanguard Group, Inc. has disclosed a 5.01% 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 5,966,606 12.5p ordinary shares of Bellway plc. The disclosure was made on 8th July 2024, with the latest practicable date prior to the disclosure being 5th July 2024.
Additionally, The Vanguard Group, Inc. has made purchases of 398 12.5p ordinary shares of Bellway plc at a price of 27.00 GBP per unit. The disclosure also states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides a comprehensive overview of The Vanguard Group, Inc.'s position and dealings with Bellway plc, in accordance with the regulatory requirements of the Takeover Code. This information is crucial for investors and market participants to understand the ownership and trading activities of significant shareholders in Bellway plc.