Baillie Gifford & Co has disclosed a 6.03% interest in Bellway PLC, representing 7,168,533 shares. The disclosure, made on 15th July 2024, includes the purchase of 9,452 12.5p Ordinary shares at a price of 26.62 per unit. The disclosure also notes that Baillie Gifford & Co does not have discretion regarding voting decisions and offer acceptance in respect of 1,888,941 shares that are included in the total above.
The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form 8 (open positions) is attached to the disclosure.
This disclosure is in accordance with Rule 8.3 of the Takeover Code and is a public opening position disclosure/dealing disclosure by a person with interests in relevant securities representing 1% or more. It provides key information about Baillie Gifford & Co's positions and dealings in Bellway PLC's securities, ensuring transparency and compliance with regulatory requirements.