The Vanguard Group Discloses Significant Holding in Balanced Commercial Property Trust

On 23 May 2024, The Vanguard Group, Inc. disclosed its significant position in the Balanced Commercial Property Trust Limited. As per the Form 8.3, the disclosure pertains to interests in relevant securities representing 1% or more under Rule 8.3 of the Takeover Code.

The disclosure reveals that Vanguard holds 29,235,443 1p ordinary shares, equivalent to 4.17% of the relevant securities in Balanced Commercial Property Trust Limited. The latest practicable date for this position was 22 May 2024.

A notable transaction reported was the purchase of 30,651 1p ordinary shares at 0.78 GBP per unit, reflecting Vanguard's active participation in the market.

No rights to subscribe for new securities or other agreements concerning derivatives or options were reported. The disclosure underscores that no indemnity or dealing arrangements exist.