Baillie Gifford & Co has disclosed a 5.95% interest in Bellway PLC, representing 7,077,330 shares. The disclosure, made on 13th August 2024, includes the purchase of 4,939 12.5p Ordinary shares at a price of 27.8937 per unit. Baillie Gifford & Co clarified that they do not have discretion regarding voting decisions and offer acceptance in respect of 1,875,717 shares that are included in the total above.
The disclosure also stated that there are no 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 provides a clear overview of Baillie Gifford & Co's position in Bellway PLC as of the specified date.