on The Vanguard Group, Inc. (isin : US12572Q1058)
Vanguard Group Discloses Stake in Virgin Money UK PLC
The Vanguard Group, Inc. has publicly disclosed its significant shareholder position in Virgin Money UK plc as per the requirements of Rule 8.3 of the Takeover Code. The latest report, dated April 25, 2024, outlines Vanguard's ownership and transactions involving the securities of Virgin Money UK.
As of April 24, 2024, Vanguard holds 73,558,342 ordinary shares in Virgin Money UK, amounting to 5.67% of the company's issued share capital. The securities are classified under two types: 10p ordinary GB00BD6GN030 and CDI AU0000064966.
Regarding recent transactions, Vanguard processed several purchases and sales of Virgin Money's 10p ordinary shares, with prices per unit ranging between 2.14 and 2.15 GBP. The total transactions for the reported period include the purchase of 79,574 and 7,464 shares at 2.14 GBP and 2.15 GBP, respectively, and the sale of 13,314 shares at 2.15 GBP.
The disclosure asserts that Vanguard has no agreements, arrangements, or understandings that are related to the securities of Virgin Money UK that would require additional declaration as per the Takeover Code regulations. This stance underscores their compliance and transparency in their investment strategies and shareholder activities.
R. H.
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