BRIEF

on The Vanguard Group, Inc. (isin : US12572Q1058)

The Vanguard Group Discloses Interest in Balanced Commercial Property Trust Limited

The Vanguard Group, Inc. has filed a Form 8.3 regarding its interests in Balanced Commercial Property Trust Limited. This disclosure, adhering to Rule 8.3 of the Takeover Code, was submitted on 21 May 2024, covering the position up to 20 May 2024.

The disclosure reveals that The Vanguard Group, Inc. holds 4.16% of the ordinary 1p shares in Balanced Commercial Property Trust Limited, amounting to 29,197,580 shares. This position, as per the filing, does not include any short positions or derivatives. On 20 May 2024, Vanguard acquired an additional 15,441 shares at 0.77 GBP per unit.

No rights to subscribe for new securities, nor any indemnity or dealing arrangements, have been reported. Additionally, there are no agreements or understandings related to options or derivatives linked to the disclosed securities.

R. P.

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