The Vanguard Group, Inc. Reports Stake in Currys plc

The Vanguard Group, Inc. disclosed its position in Currys plc on 04 March 2024, aligning with the requirements of the Takeover Code's Rule 8.3 for entities holding interests in relevant securities of 1% or more. The Form 8.3 filing revealed that as of 01 March 2024, The Vanguard Group holds a total of 49,686,467 ordinary shares, representing a 4.38% stake in Currys plc, a prominent UK-based electronics retailer.

The disclosure follows a recent purchase by The Vanguard Group of 175,757 Currys plc ordinary shares at a price of 0.67 GBP each, further cementing its position in the company. This move by one of the world’s largest investment management firms highlights its confidence and investment interest in Currys plc. The filing also confirmed that there are no indemnity or dealing arrangements in place related to the disclosed securities, indicating a straightforward investment stance by The Vanguard Group without any underlying agreements affecting the voting rights or future acquisition or disposal of the relevant securities.

Contact person for this disclosure is Shawn Acker, with contact details provided for further communication. This stake acquisition underscores The Vanguard Group's strategic investment choices in the dynamic retail sector.