Vanguard Group Reports Position in UK Commercial Property REIT Limited

The Vanguard Group, Inc. disclosed their current holdings in UK Commercial Property REIT Limited, revealing a significant stake of 3.09%. As per the latest report on May 3, 2024, Vanguard controls 40,088,507 shares. This announcement came in compliance with Rule 8.3 of the Takeover Code, which requires those with interests in securities of 1% or more to report their positions during corporate takeovers.

Moreover, Vanguard also disclosed a transaction involving the sale of 3,953 units of UK Commercial Property REIT at a price of 0.70 GBP per unit. No additional dealings or derivative transactions were reported. According to the disclosure, Vanguard has no indemnity or dealing arrangements that could be considered an inducement to deal or refrain from dealing. The report clearly states that there are no such agreements or understandings relating to the voting rights of any relevant securities under any option or the future acquisition or disposal of any securities.