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

The Vanguard Group, Inc. has announced its holding in Virgin Money UK plc, revealing a significant stake of 5.65% in the company. This position was disclosed through a Form 8.3 submission, indicating interests in relevant securities representing more than 1% of Virgin Money UK. The disclosure follows the rules of the Takeover Code, emphasizing the openness and transparency of such significant ownership in public companies.

As of 26 March 2024, The Vanguard Group's holdings include a mixture of 10p ordinary GB00BD6GN030 and CDI AU0000064966 securities, cumulatively amounting to 73,231,568 shares. In conjunction with this announcement, recent transactions were also disclosed, showcasing purchases in both 10p ordinary and CDI classes at 2.14 GBP and 4.11 AUD respectively. This information underlines The Vanguard Group’s ongoing interest and investment in Virgin Money UK plc, highlighting its strategic positioning within the financial market.

No additional derivatives or rights to subscribe for new securities were reported. Furthermore, The Vanguard Group specified no indemnity, option arrangements, or agreements that could influence its dealing decisions. This transparent disclosure aligns with regulatory requirements, providing a clear view of The Vanguard Group's involvement with Virgin Money UK plc to the market and stakeholders.