The Vanguard Group Discloses Position in Balanced Commercial Property Trust Limited

On August 8, 2024, The Vanguard Group, Inc. submitted a Form 8.3 concerning its interest in Balanced Commercial Property Trust Limited. As per Rule 8.3 of the Takeover Code, this disclosure is mandatory for entities holding 1% or more of relevant securities.

Vanguard's ownership includes 30,590,778 ordinary shares, representing 4.36% of the Trust's issued share capital. Additionally, Vanguard reported a recent purchase of 45,467 ordinary shares at a price of 0.86 GBP per share, increasing its stakes.

No cash-settled or stock-settled derivatives, nor any agreements to purchase or sell relevant securities, were noted. Further, there were no indemnity arrangements, options, or derivative agreements linked to the disclosed securities.

This disclosure provides transparency regarding Vanguard's significant position in the Balanced Commercial Property Trust Limited, ensuring compliance with regulatory requirements.