The Vanguard Group, Inc. has disclosed a 5.17% 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 6,155,992 ordinary shares of Bellway PLC. Additionally, the disclosure includes details of recent dealings, with 645 shares purchased at 26.68 GBP per unit and 588 shares sold at 27.04 GBP per unit.
The disclosure also indicates that The Vanguard Group, Inc. has not entered into any indemnity or option arrangements, agreements, or understandings relating to options or derivatives. Furthermore, no supplemental form 8 (open positions) is attached to the disclosure.
This disclosure provides valuable insight into The Vanguard Group, Inc.'s significant stake in Bellway PLC, shedding light on their recent dealings and lack of additional agreements or arrangements. It offers transparency to the market and stakeholders regarding the ownership and control of relevant securities, in compliance with the regulatory requirements.