Vanguard Group Discloses Significant Stake in Britvic

The Vanguard Group, Inc. has disclosed a substantial position in Britvic plc, a major player in the soft drinks industry. As stated in the Form 8.3 dated October 7, 2024, Vanguard holds 13,540,463 ordinary shares, representing 5.44% of Britvic’s securities. This disclosure adheres to Rule 8.3 of the Takeover Code, which requires reporting from those with interests surpassing 1% in relevant securities.

The forms reveal that Vanguard purchased 4,395 shares at a price of 12.75 GBP per unit. No other dealings like derivatives or options were highlighted in this document. Additionally, the report specified there are no indemnity or voting agreements associated with this stake.

This disclosure underscores Vanguard's continued investment strategy, focusing on acquiring significant positions in established companies like Britvic. The move could have implications for Britvic's future governance and strategic direction, given Vanguard's influence in the market.