The Vanguard Group, Inc. has disclosed a 5.11% stake in Bellway plc, representing 6,077,110 ordinary shares. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure also includes details of a purchase of 398 12.5p ordinary shares at a price of 27.18 GBP per unit. The disclosure does not include any indemnity or option arrangements, and no supplemental form is attached. The disclosure was made on 25 July 2024 by Shawn Acker from The Vanguard Group, Inc.
This disclosure provides insight into The Vanguard Group, Inc.'s significant stake in Bellway plc, indicating a notable interest in the company's performance and future prospects. It also highlights the specific number of shares owned and the recent purchase activity, offering transparency to the market and potential investors. The disclosure is in line with regulatory requirements and contributes to the overall transparency of the securities market.