The Vanguard Group, Inc. Reports Ownership in Virgin Money UK plc

The Vanguard Group, Inc. has revealed its ownership stake in Virgin Money UK plc, as of 10 April 2024, through a public opening position disclosure under Rule 8.3 of the Takeover Code. The disclosed interest represents a 5.67% ownership in the company, with a total of 73,453,057 relevant securities. This disclosure comes amidst the financial industry's keen interest in significant shareholdings within publicly traded companies.

According to the disclosure, The Vanguard Group engaged in recent transactions involving Virgin Money UK plc securities. These transactions included the purchase of 47,670 ordinary shares at a price of 2.15 GBP each, and the sale of 34,650 CDI shares at 4.10 GBP each. Such dealings underscore the active management approach of The Vanguard Group in adjusting its portfolio holdings.

With the specific details of ownership and transactions provided, the filing underscores the transparency and regulatory compliance pursued by investment firms regarding their involvement in public companies. The disclosure also highlights the broader market activities, reflecting investment strategies and stakeholder interest within the financial community.