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The Vanguard Group Discloses Stake in Hargreaves Lansdown

The Vanguard Group, Inc. has made a disclosure under Rule 8.3 of the Takeover Code, revealing its position concerning Hargreaves Lansdown plc. As of November 20, 2024, Vanguard owns 18,801,000 ordinary shares, representing a 3.96% stake in Hargreaves Lansdown. This significant shareholding denotes Vanguard's interest in this financial services company.

Additionally, Vanguard purchased 24,119 ordinary shares at a price of 10.88 GBP each. There are no reported cash-settled or stock-settled derivatives related to this position, and no indemnity or dealing arrangements have been disclosed.

Vanguard's disclosure does not indicate any relevant security interests related to other parties in the offer, suggesting a focused interest in Hargreaves Lansdown plc only.

R. H.

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