Vanguard Discloses Stakes in Virgin Money UK plc

The Vanguard Group, Inc. has issued a public disclosure revealing its possession of interests in Virgin Money UK plc that cross the 1% threshold, according to the Takeover Code’s Rule 8.3. The document dated May 16, 2024, declares that as of the day prior, Vanguard held a total of 73,814,653 ordinary shares, representing a 5.69% share in the company. These figures pertain to two classes of security, including 10p ordinary stocks acknowledged under the GB00BD6GN030 and CDI AU0000064966 codes.

In related transactions, Vanguard recorded a purchase of 73,528 ordinary 10p shares at a price of 2.15 GBP per unit. The disclosure reported no engagements in cash-settled derivatives or stock-settled derivatives that would require additional reporting on a Supplemental Form 8. The communication outlined no derivative transactions or rights to subscribe for new securities. Furthermore, there were no indemnity or dealing arrangement disclosures that would suggest any inducements related to the disclosure.