The Vanguard Group, Inc. Reports Stake in LondonMetric Property plc and LXi REIT plc

The Vanguard Group, Inc. has disclosed its holding in LondonMetric Property plc, revealing a 5.22% interest through 57,065,872 shares of 10p ordinary class. This disclosure was made in accordance with Rule 8.3 of the Takeover Code, indicating a person with interests in relevant securities representing 1% or more. The reporting date for this position is 29 February 2024, with the disclosure made public on 01 March 2024.

In addition to LondonMetric Property plc, The Vanguard Group, Inc. also made disclosures regarding LXi REIT plc. Specific details about the position in LXi REIT plc were not provided in the disclosure. The company reported a sale of 20,025 shares of LondonMetric Property plc at a price of 1.80 GBP per unit, marking a notable transaction for the investment firm.

This disclosure underscores The Vanguard Group's significant interests in the UK property market, particularly within the realms of real estate investment trusts (REITs). Such disclosures are essential for market transparency and provide insights into major investment firms' activities and interests.

The Vanguard Group confirmed that there were no indemnity, option arrangements, or any agreements relating to the securities of LondonMetric Property plc that could be an inducement to deal or refrain from dealing. The company's contact for the disclosure, Shawn Acker, is available for further details and inquiries.