BRIEF

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

The Vanguard Group, Inc. Discloses Position in Balanced Commercial Property Trust Limited

The Vanguard Group, Inc. has submitted Form 8.3, detailing its interests in Balanced Commercial Property Trust Limited under Rule 8.3 of the Takeover Code. As of August 14, 2024, Vanguard holds 30,575,621 ordinary shares, equating to a 4.36% stake in the trust.

Vanguard's position includes no cash-settled or stock-settled derivatives, reflecting a pure equity stake. Additionally, details of any open stock-settled derivative positions or agreements to purchase or sell relevant securities were not disclosed, as the document explicitly notes their absence.

On August 14, 2024, Vanguard participated in a minor sale of 2,673 ordinary shares at 0.88 GBP per share. There are no other dealings, derivatives, or relevant transactions reported by Vanguard in this disclosure.

Furthermore, Vanguard has stated that there are no indemnity, option arrangement, or any informal or formal agreements related to the relevant securities, reinforcing the straightforward nature of their interest in Balanced Commercial Property Trust Limited.

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