The Vanguard Group, Inc. has disclosed a 5.13% 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 6,105,610 12.5p ordinary shares of Bellway plc. The disclosure also includes details of a purchase of 23,601 12.5p ordinary shares at a price of 28.58 GBP per unit.
The disclosure further indicates that The Vanguard Group, Inc. has not entered into any indemnity or other dealing arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form 8 (open positions) is attached to the disclosure.
The disclosure was made on 31 July 2024, and the contact person for the disclosure is Shawn Acker, with a provided telephone number for further inquiries.
This disclosure provides insight into The Vanguard Group, Inc.'s significant stake in Bellway plc and its recent purchase of additional shares, indicating its continued interest in the company.