Vanguard Group Discloses Substantial Interests in Balanced Commercial Property Trust

The Vanguard Group, Inc. has released Form 8.3, outlining its significant positions in Balanced Commercial Property Trust Limited. The disclosure, dated June 5, 2024, reveals Vanguard's ownership of 29,748,517 ordinary shares, which represents a 4.24% interest in the trust.

The report is filed in compliance with Rule 8.3 of the Takeover Code, mandating disclosures by entities holding 1% or more of relevant securities in a company. This filing follows Vanguard’s acquisition of an additional 27,495 shares at 0.78 GBP per unit on June 4, 2024.

No other acquisitions or derivatives activities were reported. Additionally, Vanguard confirmed the absence of any agreements or understandings related to these securities beyond the disclosed interests. As per the required transparency, the company also stated there are no indemnities or options connected to these securities.