Vanguard Group Discloses Britvic Stake Under Takeover Code

The Vanguard Group, Inc. has filed a Form 8.3 related to its interest in Britvic plc, as per the Takeover Code guidelines. On October 14, 2024, Vanguard held a 5.46% stake in Britvic, amounting to 13,599,451 ordinary shares valued at 20 pence each. This disclosure highlights Vanguard's position as a significant stakeholder with an interest of 1% or more in the company.

The filing provides detailed information about Vanguard's dealings. Two notable acquisitions include the purchase of 102 shares at 12.82 GBP per unit and 2,192 shares at 12.85 GBP per unit. Vanguard reports no arrangements related to options or derivatives.

The disclosure is mandatory under Rule 8.3 of the Takeover Code due to Vanguard's notable shareholding in Britvic, but no external agreements or inducement arrangements affecting these securities have been reported. This filing reflects Vanguard’s compliance and transparency in its dealings with Britvic plc.