The Vanguard Group, Inc. Discloses Position in Virgin Money UK plc

The Vanguard Group, Inc. has released Form 8.3, disclosing its position in Virgin Money UK plc. This comes under Rule 8.3 of the Takeover Code. The disclosure reveals Vanguard's interest in relevant securities exceeding 1%.

According to the form, Vanguard held 74,063,965 ordinary shares of Virgin Money on May 23, 2024. This represents a 5.71% stake. The disclosure also includes transactions involving these securities. Purchases amounted to 60,485 10p ordinary shares at 2.13 GBP per unit. Sales included 15,246 shares at the same price. Additionally, Vanguard acquired 3,768 CDI at 4.06 AUD per unit.

The disclosure indicates no cash or stock-settled derivatives and confirms that no additional agreements or indemnities are in place. The form is straightforward, reflecting Vanguard’s compliance with regulatory requirements.