The Vanguard Group, Inc. has disclosed a 5.08% interest in Bellway plc, representing 6,040,426 ordinary shares. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure also includes the purchase of 10,348 12.5p ordinary shares at a price of 27.30 GBP per unit. The disclosure does not include any indemnity or option arrangements, and no supplemental form is attached to the disclosure. 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 interest in Bellway plc and its recent purchase of additional ordinary shares. It indicates The Vanguard Group, Inc.'s confidence in its investment in Bellway plc and its commitment to its position in the company. The disclosure also serves as a regulatory requirement under the Takeover Code, ensuring transparency and accountability in the market.