Baillie Gifford & Co has disclosed a 5.96% interest in Bellway PLC, representing 7,089,779 shares. The disclosure, made on 6th August 2024, includes the ownership and control of relevant securities. The company clarified that it does not have discretion regarding voting decisions and offer acceptance in respect of 1,883,227 shares that are included in the total above. Additionally, Baillie Gifford & Co sold 37,031 12.5p Ordinary shares at a price of 26.7493 per unit.
The disclosure also stated that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form 8 (open positions) was attached to the disclosure.
This disclosure is in accordance with Rule 8.3 of the Takeover Code and provides transparency about Baillie Gifford & Co's position in Bellway PLC. It offers valuable insights into the ownership and control of relevant securities, as well as recent dealings in the company's shares.