The Vanguard Group, Inc. Announces Ownership in Virgin Money UK plc

The Vanguard Group, Inc., a major financial investment firm, disclosed its ownership and dealings related to Virgin Money UK plc, marking a significant position in the company's securities. According to the disclosure made on April 5, 2024, under Rule 8.3 of the Takeover Code, The Vanguard Group now holds interests in Virgin Money UK plc amounting to 5.66%, represented by 73,368,775 shares. This position underscores The Vanguard Group's significant investment in the banking sector, reflecting its bullish outlook on Virgin Money UK plc.

Furthermore, the filing details recent transactions, including purchases in both the CDI (Chess Depositary Interests) and the 10p ordinary shares of Virgin Money UK plc. Specifically, transactions included the purchase of 10,813 CDIs at a price of 4.16 AUD and 48,373 ordinary shares at 2.16 GBP, signaling active engagement and confidence in the financial health and future prospects of Virgin Money UK plc. This strategic move by The Vanguard Group, Inc. highlights its active management and investment strategies in the global financial markets.

The disclosure provides a comprehensive overview of The Vanguard Group's interests in Virgin Money UK plc, without indicating any indemnity, option arrangement, or any form of agreement influencing dealings or voting rights. This denotes a straightforward investment approach by The Vanguard Group towards its stake in Virgin Money UK plc.