Vanguard Group Reports Stake in Virgin Money UK plc

The Vanguard Group, Inc. disclosed its holding in Virgin Money UK plc, indicating a significant interest in the financial company. As of April 2, 2024, The Vanguard Group possesses a total of 73,232,208 shares, reflecting a 5.65% ownership in Virgin Money UK plc. This stake encompasses both 10p ordinary shares and CDIs (Chess Depositary Interests), underlining The Vanguard Group's strategic interest in Virgin Money UK.

In their most recent transactions, The Vanguard Group reported both sales and purchases of Virgin Money's shares. Notably, they sold 26,406 CDIs at a price of 4.13 AUD each and purchased 9,832 10p ordinary shares at 2.16 GBP per share. These transactions demonstrate The Vanguard Group's active management of its investment in Virgin Money UK.

Furthermore, within the disclosed information, The Vanguard Group confirmed that they do not have any indemnity, option arrangements, or agreements that could influence their dealing decisions regarding Virgin Money UK plc's securities. This disclosure, mandated by Rule 8.3 of the Takeover Code, ensures transparency in dealings by parties holding a considerable interest in publicly-traded companies.