Baillie Gifford & Co has disclosed a 5.99% interest in Bellway PLC, representing 7,126,810 shares. The disclosure, made on 1st August 2024, includes the purchase of 677 and 19,041 12.5p Ordinary shares at prices of 28.66 and 28.6585 per unit, respectively. Baillie Gifford & Co clarified that they do not have discretion regarding voting decisions and offer acceptance in respect of 1,883,227 shares that are included in the total above.
The disclosure also stated that Baillie Gifford & Co does not have any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form 8 (open positions) was attached to the disclosure.
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 regarding their position and transactions, contributing to a better understanding of the market and the company's ownership structure.