The Vanguard Group Discloses Stake in Britvic PLC

On November 19, 2024, The Vanguard Group disclosed its position regarding its stake in Britvic PLC, a UK-based soft drinks company. Vanguard reported owning 13,615,819 ordinary shares, representing 5.47% of Britvic's relevant securities. This disclosure is compliant with Rule 8.3 of the Takeover Code, which mandates public disclosure when a person's interest in a company's securities exceeds 1%.

The transaction details reveal a recent purchase by Vanguard of 2,366 ordinary shares at a price of 12.87 GBP each. The report specifies that there are no cash-settled or stock-settled derivatives concerning these securities, nor do any indemnity agreements or arrangement specific to these positions exist.

As of the disclosure date, November 19, 2024, no additional agreement regarding options or derivatives impacting Britvic's securities has been noted by Vanguard. This follows a routine procedure in maintaining transparency and compliance with financial regulations.