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Vanguard Group Discloses Stake in UK Commercial Property REIT

The Vanguard Group, Inc. has made public its substantial holdings in UK Commercial Property REIT Limited, revealing ownership of over 40 million shares, equating to a 3.09% interest. This disclosure was mandated under the UK's Takeover Code, which demands divulgence of interests exceeding 1% in relevant securities. The firm also confirmed dealings with Tritax Big Box REIT plc in its latest report dated May 8, 2024.

In recent transactions, The Vanguard Group registered a sale of 11,862 shares of UK Commercial Property REIT at a price of 0.72 GBP each. Beyond these specific transactions, no additional derivatives or stock-settled dealings were reported. The company also confirmed that there were no indemnity arrangements or agreements related to the voting rights of the disclosed securities, which commonly influence dealings in the context of takeover procedures.

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