The Vanguard Group Discloses Position in Hargreaves Lansdown PLC

The Vanguard Group, Inc. has released its Form 8.3 disclosure regarding its position in Hargreaves Lansdown PLC. As per Rule 8.3 of the Takeover Code, the disclosure is mandatory for any person holding interests in relevant securities amounting to 1% or more.

As of August 27, 2024, Vanguard reported ownership of 18,640,028 ordinary shares in Hargreaves Lansdown, representing 3.93% of the voting rights. The disclosure includes details of buying and selling activity involving Hargreaves Lansdown’s 0.4p ordinary shares.

Recent transactions reported by Vanguard include the purchase of 519 shares at 11.02 GBP and 8,513 shares at 11.05 GBP, alongside the sale of 7,848 shares at 11.05 GBP per unit.

No other derivative transactions or rights to subscribe for new securities were declared. Additionally, there were no indemnity or other dealing arrangements related to Vanguard’s position in Hargreaves Lansdown.

Vanguard did not attach any Supplemental Form 8 for open positions, signaling no further open stock-settled derivative positions or agreements to purchase or sell relevant securities.