Vanguard Group Discloses Holding in Currys plc

The Vanguard Group, Inc. has disclosed a significant holding in Currys plc, as per the latest filing with regulatory authorities. The disclosure, made on March 11, 2024, follows the rules of the Takeover Code indicating a holding that surpasses the 1% threshold in relevant securities.

According to the Form 8.3 disclosure, The Vanguard Group holds a total of 49,985,285 shares in Currys plc, translating to a 4.41% interest in the company. This position comprises solely of direct ownership in 0.1p ordinary shares without any involvement in cash-settled or stock-settled derivatives.

The filing also revealed a recent transaction by The Vanguard Group involving Currys plc shares. On March 8, 2024, the fund sold 23,550 shares at a price of 0.64 GBP per share. The disclosure does not mention any dealings in other derivatives or securities related to Currys plc. Additionally, there are no disclosed indemnity, option arrangements, or any significant agreements aiming at influencing dealing decisions regarding the relevant securities.

Contact for the disclosure has been identified as Shawn Acker, with a telephone number provided for further inquiries. This move by The Vanguard Group signifies an active interest and potential influence in the operations and financial structure of Currys plc.