Vanguard Group Inc. Discloses Ownership in LondonMetric Property Plc

The Vanguard Group, Inc. has publicly disclosed its ownership and dealings in LondonMetric Property plc as per the requirements outlined by the Takeover Code’s Rule 8.3. This disclosure reflects the company's position as of 28 February 2024, revealing that The Vanguard Group holds a significant stake in LondonMetric Property plc.

In detail, The Vanguard Group's disclosed interests include owning 57,085,897 ordinary shares, which account for a 5.22% stake in LondonMetric Property plc. Furthermore, the report also includes a transaction of purchasing 15,651 ordinary shares at a price of 1.82 GBP each. This action demonstrates The Vanguard Group's active engagement with LondonMetric Property plc's stocks.

Additionally, the disclosure reveals The Vanguard Group's dealings related to another party, LXi REIT plc, indicating a broader investment strategy within the real estate sector. Such movements underscore the company's significant role as an investor within the UK's property market. Notably, there are no reported stock-settled derivatives or subscription rights implying purely direct ownership for the disclosed securities.

No attachments were included with the disclosure, and The Vanguard Group declared no indemnity or other dealing arrangements influencing these reported holdings and transactions. This clear report was provided by Shawn Acker, acting as the contact person for The Vanguard Group, Inc.