Vanguard Group Announces Stake in Tritax Big Box REIT plc and UK Commercial Property REIT Limited

The Vanguard Group, Inc. disclosed its current financial position in relation to Tritax Big Box REIT plc on the 14th of March, 2024. According to the Form 8.3 released, the group holds an ownership interest of 101,105,074 shares in Tritax Big Box REIT plc, which represents 5.31% of the company's shares. This disclosure was made in accordance with the Takeover Code's Rule 8.3, highlighting the dealings of entities with significant interests in securities exceeding 1%.

Apart from Tritax Big Box REIT plc, Vanguard has also disclosed interests in another entity, UK Commercial Property REIT Limited, indicating active participation in multiple ventures within the real estate investment trust sector. This strategic positioning underlines the financial giant's investment direction and interest in the real estate investment sector of the UK. There were no additional details provided regarding the nature or size of the stake in UK Commercial Property REIT Limited.

The announcement additionally covered transactions including the sale of 38,030 shares of Tritax Big Box REIT plc at a price of 1.49 GBP each, conducted on the 13th of March, 2024. However, there were no stock-settled derivatives or other types of dealing noted in this particular disclosure. As detailed in the communiqué, the dealing arrangements currently do not involve any indemnity or option arrangements that could influence dealings by The Vanguard Group.