BRIEF

on The Vanguard Group, Inc. (isin : US12572Q1058)

The Vanguard Group, Inc. Announces Ownership in Tritax Big Box REIT plc

The Vanguard Group, Inc., a prominent investment management company, has disclosed a significant stake in Tritax Big Box REIT plc, a real estate investment trust specializing in large logistics facilities in the UK. According to the disclosure made on 01 April 2024, The Vanguard Group, Inc. holds a total interest of 101,653,988 shares, representing 5.34% ownership in Tritax Big Box REIT plc. The declaration aligns with Rule 8.3 of the Takeover Code, which mandates public opening position disclosure for anyone with interests in relevant securities of 1% or more.

This position was reached on 28 March 2024, with additional disclosures made regarding dealings in securities of UK Commercial Property REIT Limited. The transactions leading to this ownership level include two purchases of 1p ordinary shares in Tritax Big Box REIT plc, one of 20,007 shares at a price of 1.57 GBP per unit and another of 12,492 shares at 1.58 GBP per unit. The Vanguard Group, Inc. has not reported any involvement in cash-settled derivatives, stock-settled derivatives, or other dealings related to Tritax Big Box REIT plc's securities.

The report by The Vanguard Group, Inc. provides insights into its strategic holdings and market activities concerning Tritax Big Box REIT plc. The detailed disclosure ensures compliance with the Takeover Code's requirements for transparency in securities dealings and interest holdings in the UK's financial markets.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all The Vanguard Group, Inc. news