The Vanguard Group Discloses Position on Quanex Building Products Corporation

The Vanguard Group, Inc. has made a public disclosure concerning its position in Quanex Building Products Corporation, adhering to Rule 8.3 of the Takeover Code. As of June 7, 2024, Vanguard holds 3,710,336 shares, representing 11.21% of Quanex’s total securities.

The disclosure also mentions that Vanguard is reporting its positions in relation to Tyman plc. In terms of recent transactions, Vanguard sold 1,116 common shares of Quanex at a price of 31.68 USD per share. There were no dealings in cash-settled or stock-settled derivatives.

No indemnity or other dealings arrangements have been reported, nor any agreements related to options or derivatives voting rights. This disclosure aims to maintain transparency in the context of the possible offers between Quanex Building Products Corporation and Tyman plc.