Baillie Gifford & Co has disclosed a 6.03% interest in Bellway PLC, representing 7,178,600 shares. The disclosure, made on 5th July 2024, includes the purchase of 3,757 12.5p Ordinary shares at a price of 26.4421 per unit. The disclosure also notes that Baillie Gifford & Co does not have discretion regarding voting decisions and offer acceptance in respect of 1,899,008 shares that are included in the total above.
The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is 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.