The Vanguard Group, Inc. Discloses Position in Tritax Big Box REIT PLC

The Vanguard Group, Inc. has officially disclosed its position in Tritax Big Box REIT plc, as mandated by Rule 8.3 of the Takeover Code. According to the disclosure, The Vanguard Group holds a significant interest in Tritax Big Box REIT plc, possessing 101,341,140 shares which equate to a 5.32% stake in the company. This position was held as of 15 March 2024.

The disclosure comes in the context of public opening position disclosures required by entities holding interests in relevant securities representing 1% or more of a company involved in a takeover. The Vanguard Group's disclosure also notes dealings in UK Commercial Property REIT Limited besides Tritax Big Box REIT plc, signaling its active involvement in the real estate investment trust (REIT) sector.

Moreover, The Vanguard Group reported recent trading activity involving the purchase of 287,343 shares and sale of 51,277 shares of Tritax Big Box REIT plc, both at a price of 1.48 GBP per unit. This recent dealing underlines the ongoing adjustments The Vanguard Group is making to its investment portfolio within the REIT sector.

No additional information about indemnity, dealing arrangements, or attachments relating to derivative positions was disclosed, indicating a straightforward disclosure with no supplementary arrangements in place that might influence its stance towards Tritax Big Box REIT plc.