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

Vanguard Group's Recent Financial Movements in UK Property Market

The Vanguard Group, Inc. disclosed its financial activities concerning the UK Commercial Property REIT Limited as per the latest regulatory requirements outlined in the Takeover Code (Rule 8.3). The disclosure, dated 25 April 2024, reveals that Vanguard controls a significant stake totaling 40,073,529 shares or 3.08% in UK Commercial Property REIT Limited.

In addition to UK Commercial Property, the statement confirms Vanguard's dealings with another entity, Tritax Big Box REIT plc, though specific details were withheld. On the transactional side, a recent sale underlines Vanguard's active market participation, with 23,192 shares of UK Commercial Property REIT being sold at a price of 0.65 GBP each. This move reflects ongoing adjustments within Vanguard’s investment portfolio regarding the UK property market sector.

Further declarations in the report confirm the absence of any indemnity, option arrangements or agreements relating to these securities that might influence Vanguard's dealing decisions. This transparency is crucial in maintaining fair market practices and investor confidence. The report details the absence of additional derivatives or stock-settled transactions that could impact the disclosed holdings, reinforcing Vanguard's straightforward market position.

R. H.

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