Baillie Gifford & Co has disclosed a 6.02% interest in Bellway PLC, representing 7,168,223 shares. The disclosure was made on 18 July 2024. The company stated that it does not have discretion regarding voting decisions and offer acceptance in respect of 1,888,941 shares that are included in the total above. Additionally, Baillie Gifford & Co sold 310 12.5p Ordinary shares at a price of 27.1028 per unit.
The disclosure also included information about the absence of indemnity and other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives. Baillie Gifford & Co confirmed that there were no such agreements, arrangements, or understandings in place.
The disclosure was made in accordance with Rule 8.3 of the Takeover Code, and no supplemental form was attached to the disclosure. The contact person for the disclosure is Sunha Mohammed, with a provided telephone number for further inquiries.
This disclosure provides insight into Baillie Gifford & Co's significant interest in Bellway PLC and their recent dealings with the company's shares. It offers transparency and compliance with regulatory requirements, ensuring that relevant information is available to the public and regulatory authorities.