Vanguard Reports Stake in Virgin Money UK plc

The Vanguard Group, Inc. disclosed its position in Virgin Money UK plc on April 10, 2024, indicating a significant holding in the company's shares. According to the disclosure, Vanguard owns 73,440,037 ordinary shares, representing a 5.66 percent stake. This information was made public as part of the mandatory reporting requirements under the Takeover Code's Rule 8.3.

The disclosure follows a recent purchase of 3,721 Virgin Money UK plc shares at a price of 2.15 GBP per unit on April 9, 2024. This move showcases Vanguard's active engagement and interest in Virgin Money UK plc's financial instruments. No dealings in cash-settled derivatives or stock-settled derivatives were reported in connection with Virgin Money UK plc at the time of this disclosure.

No agreements, arrangements, or understandings related to the voting rights of any relevant securities under any option or future acquisition or disposal of any relevant securities referenced by derivatives were disclosed. Vanguard confirmed this status by stating "none" in sections related to indemnity and dealing arrangements as well as agreements relating to options or derivatives.