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

The Vanguard Group, Inc. has released a Form 8.3 regarding its interest in the securities of Balanced Commercial Property Trust Limited. The disclosure, dated 15 July 2024, indicates that Vanguard holds a 4.31% interest in the 1p ordinary shares of the trust. This accounts for 30,211,384 shares.

The filing also reports a recent purchase of 5,481 of the 1p ordinary shares at a price of 0.84 GBP per unit. No other types of dealings such as cash-settled or stock-settled derivatives were disclosed, and there were no agreements or options linked to other securities. Furthermore, there are no indemnity or other dealing arrangements related to this disclosure.

This disclosure is a requirement under Rule 8.3 of the Takeover Code, which mandates public opening and dealing position disclosures by individuals or entities holding 1% or more of the relevant securities. Vanguard has confirmed that no supplemental forms or further positions need to be disclosed in this instance.