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The Vanguard Group, Inc. Discloses Position in Virgin Money UK PLC
The Vanguard Group, Inc. has released its public opening position disclosure regarding Virgin Money UK PLC, as required by Rule 8.3 of the Takeover Code. According to the document, The Vanguard Group holds 76,802,740 ordinary shares, representing 5.92% of the relevant securities of Virgin Money UK PLC as of August 23, 2024.
The positions disclosed include only ordinary shares and not any cash-settled or stock-settled derivatives. This disclosure aids in providing transparency about interests in companies involved in potential or actual takeovers. Vanguard has also reported some recent trading activities, including the purchase of 6,090 ordinary shares and the sale of 4,856 ordinary shares at a price of 2.15 GBP each.
No agreements, arrangements, or understandings relating to options or derivatives have been reported. Additionally, no indemnity or other dealing arrangements exist between Vanguard and any parties to the offer. The supplemental form for open positions has not been attached.
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