BRIEF

on The Vanguard Group, Inc. (isin : US12572Q1058)

Vanguard Group's New Financial Interests in Balanced Commercial Property Trust Limited

The Vanguard Group, Inc. reported significant new holdings in Balanced Commercial Property Trust Limited as disclosed by the Form 8.3 filed under the Takeover Code. As of May 14, 2024, Vanguard now controls approximately 4.15% of the trust, which equates to 29,121,568 ordinary shares. This position highlights a strategic interest in the real estate sector.

In addition to this holding, the filing detailed a recent purchase of 37,515 ordinary shares at a price of 0.80 GBP per unit, further increasing Vanguard's stake in the property-focused trust. The disclosure ensures transparency as per the requirements set by the Takeover Panel, which monitors acquisitions involving companies of significant interest such as this.

R. H.

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