The Vanguard Group Discloses Position in Virgin Money UK plc

On July 26, 2024, The Vanguard Group, Inc. submitted Form 8.3, detailing their interest in Virgin Money UK plc. According to the disclosure, Vanguard holds a 5.85% stake in Virgin Money UK plc, amounting to 75,837,777 shares. The form captures positions and transactions involving relevant securities held as of July 25, 2024.

The disclosure form, required under Rule 8.3 of the Takeover Code, states no additional parties or exempt fund managers connected with the offeror/offeree. Furthermore, Vanguard has clarified that there are no indemnity or option arrangements, nor any agreements relating to voting rights or future acquisitions of securities.

The communiqué also specifies a purchase transaction of 37,930 ordinary shares at a price of 2.15 GBP per unit. No cash-settled or stock-settled derivative transactions are reported. There are no supplemental forms attached to the disclosure.