Vanguard Group Discloses Significant Stake in Britvic plc

The Vanguard Group, Inc., a prominent investment management company, has disclosed an important position in the securities of Britvic plc. As per Rule 8.3 of the Takeover Code, firms holding 1% or more in relevant securities are mandated to reveal their interests. Vanguard's stake in Britvic stands at 5.29%, comprising 13,177,233 ordinary shares.

The disclosure indicates that Vanguard's activity includes the purchase of 6,118 additional shares at a price of £12.10 per unit. There are no cash-settled or stock-settled derivatives, nor any agreements to purchase or sell securities, apart from the stated holdings.

No indemnities, options, or special arrangements have been reported related to these securities. Disclosure forms show no linked agreements, implying no additional strategic maneuvers or underlying agreements at play. This level of transparency is crucial for market participants assessing potential shifts in Britvic’s ownership and investment dynamics.