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

The Vanguard Group, Inc. disclosed an ownership stake in Tritax Big Box REIT plc, highlighting a public opening position as per the Takeover Code’s Rule 8.3. The company reported a total interest of 101,397,777 ordinary shares, establishing a 5.33% holding in Tritax Big Box REIT plc as of 19 March 2024.

This significant investment maneuver was part of The Vanguard Group’s broader investment activities, which also included dealings with UK Commercial Property REIT Limited. The reported transaction involved the purchase of 56,637 1p ordinary shares at a price of 1.48 GBP each.

The Vanguard Group confirmed that there were no indemnity, option arrangements, or agreements influencing their decision, emphasizing a straightforward investment strategy with no underlying conditions or obligations attached to the holdings. This announcement underscores The Vanguard Group’s active engagement in the market, particularly within the real estate investment trust (REIT) sector.