The Vanguard Group, Inc. has disclosed a 5.01% stake in Bellway plc, representing 5,964,254 ordinary shares. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure also includes details of a purchase of 1,023 12.5p ordinary shares at a price of 25.42 GBP per unit. The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure. The disclosure was made on 27 June 2024 by Shawn Acker, with a contact number provided for further inquiries.
This disclosure provides insight into The Vanguard Group, Inc.'s significant stake in Bellway plc, indicating its interest and involvement in the company's securities. The purchase of additional ordinary shares further demonstrates The Vanguard Group, Inc.'s confidence in Bellway plc's potential and its commitment to its investment in the company. The transparency of the disclosure aligns with regulatory requirements and contributes to a clear understanding of the ownership and trading activities related to Bellway plc's securities.