The Vanguard Group, Inc. Discloses Position in Virgin Money UK plc

On July 4, 2024, The Vanguard Group, Inc. released its Form 8.3, disclosing its position in Virgin Money UK plc. The disclosure adheres to Rule 8.3 of the Takeover Code, which requires public opening position disclosures by entities holding 1% or more of relevant securities.

Vanguard possesses a significant stake in Virgin Money UK plc, amounting to 74,668,778 shares, which represents 5.76% of the company’s relevant securities. The details provided cover interests in ordinary shares and CDI securities.

Additionally, Vanguard reported a recent purchase of 9,300 CDIs at a unit price of 4.06 AUD. No cash-settled or stock-settled derivative transactions were noted, and there were no agreements or understandings related to options or derivatives disclosed.

No indemnity or other dealing arrangements were specified, and no supplemental form was attached to this disclosure. The report underscores Vanguard’s notable interest in Virgin Money UK plc’s stock and complies with the relevant regulatory requirements.