The Vanguard Group, Inc. has disclosed a 5.15% stake in Bellway plc. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that The Vanguard Group, Inc. owns and/or controls 6,130,879 relevant securities of Bellway plc. The disclosure also includes details of a purchase of 11,034 12.5p ordinary shares at a price of 28.44 GBP per unit.
The disclosure does not include any cash-settled derivative transactions or stock-settled derivative transactions. Additionally, there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives included in the disclosure.
The disclosure was made on 2 August 2024 and was accompanied by the contact name Shawn Acker and telephone number 001-610-669-6713. No Supplemental Form 8 (Open Positions) was attached to the disclosure.
This disclosure provides insight into The Vanguard Group, Inc.'s significant stake in Bellway plc and its recent purchase of additional ordinary shares, indicating its continued interest in the company.