The Vanguard Group Discloses Stake in Virgin Money UK plc

The Vanguard Group, Inc. reported its latest financial discourse involving Virgin Money UK plc on April 30, 2024. The disclosure comes under Rule 8.3 of the Takeover Code, indicating that The Vanguard Group holds over 1% of relevant securities in the entity. The reported position, held as of April 29, 2024, shows substantial engagement with the financial structure of Virgin Money UK plc.

The Vanguard Group's interest in Virgin Money is specifically in the form of ordinary 10p and CDI securities, with a significant holding of 73,568,256 shares, corresponding to 5.67% of related securities. This sizeable stake underscores the investment manager's influential presence in the financial fabric of Virgin Money UK plc.

Additionally, recent transactions by The Vanguard Group involved acquiring more shares in both CDI and 10p ordinary classes. Specifically, purchases included 8,676 CDIs at a rate of 4.08 AUD each and 36,782 10p ordinary shares priced at 2.14 GBP each. These purchases reflect ongoing strategic adjustments in The Vanguard Group’s portfolio concerning Virgin Money UK plc.