Vanguard Group's Extensive Holdings in Virgin Money UK Highlighted in Latest Disclosure

The Vanguard Group, Inc. has recently disclosed its substantial holdings in Virgin Money UK PLC as per the latest Form 8.3, indicating a significant interest in the company. According to the disclosure made on 18 March 2024, The Vanguard Group holds a total of 73,118,986 shares in Virgin Money UK, representing a 5.64% stake in the company's issued share capital. This position is a combination of direct ownership and control over the shares.

The report detailed transactions involving Virgin Money UK shares, including both purchases and sales. The Vanguard Group bought 11,331 shares at a price of 2.10 GBP per 10p ordinary share and sold 1,665,668 shares at the same price. Additionally, the group sold 466,292 CDI shares at 4.04 AUD. These transactions underscore the active management of The Vanguard Group's investment in Virgin Money UK.

No agreements, arrangements, or understandings related to the voting rights of any relevant securities under any option, or the future acquisition or disposal of any relevant securities to which any derivative is referenced, were reported. This indicates that The Vanguard Group's investment strategy in Virgin Money UK is straightforward, focusing on direct ownership and market transactions without complex derivatives or options agreements.