The Vanguard Group, Inc. Discloses Position in Quanex Building Products Corporation

The Vanguard Group, Inc. has disclosed its position in Quanex Building Products Corporation. According to the Form 8.3 filed on 13 June 2024, the company owns and controls 3,710,269 common shares of Quanex, representing an 11.21% stake. This disclosure is part of the Takeover Code's Rule 8.3, which mandates that any person with interests representing 1% or more must report their holdings.

The information was based on the latest practicable date prior to the disclosure, which was 12 June 2024. Additionally, Vanguard noted dealings in other securities of interest, specifically with Tyman plc, showing a wider scope of investment activity.

The report also detailed a minor sale transaction on common shares, involving 66 units at a price of $29.63 per unit. No cash-settled or stock-settled derivative transactions were reported, and no agreements related to options or derivatives exist.

Vanguard confirmed there are no indemnity agreements, other dealing arrangements, or additional attachments to the report. Shawn Acker is the contact person for further inquiries.