on The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group, Inc. Announces Stake in Tritax Big Box REIT plc
The Vanguard Group, Inc. disclosed its significant participation in Tritax Big Box REIT plc, marking a key development on 27 March 2024. With an interest equating to 5.33% of the company through the ownership of 101,459,572 ordinary shares, Vanguard's position underscores its strategic investment choices in the real estate sector.
This disclosure, necessitated under Rule 8.3 of the Takeover Code, also highlights the company's dealings the day before the announcement. Specifically, Vanguard purchased an additional 94,425 shares at a unit price of 1.57 GBP. Beyond this transaction, no other dealings, including cash-settled or stock-settled derivative transactions, were reported.
The document further clarifies that there are no indemnity or other dealing arrangements in place concerning Vanguard’s interest in Tritax Big Box REIT plc or any related securities. This move by Vanguard could be influential in the dynamics of shareholder composition and potential strategic decisions in Tritax Big Box REIT plc’s future.
R. H.
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