The Vanguard Group Discloses Stake in Darktrace plc

The Vanguard Group, Inc. has reported a significant holding in Darktrace plc, a major player in cybersecurity. According to the disclosure filed on April 29, 2024, The Vanguard Group holds approximately 2.80% of Darktrace's shares, amounting to 19,733,713 ordinary shares as of April 26, 2024. This position was revealed under the Takeover Code's Rule 8.3, which mandates the public disclosure of interests in securities that cross the 1% threshold.

This disclosure does not report any dealings such as purchases or sales of the shares around the reporting date, nor does it discuss cash-settled or stock-settled derivatives related to these securities. Moreover, The Vanguard Group has not disclosed any other positions in securities relevant to other parties involved in potential takeover offers, as it only highlights its dealings with Darktrace plc in this form.

No further arrangements, agreements, or derivatives related to the voting rights on these securities were reported, aligning with the reporting requirements under Rule 8.3 that demand transparency regarding significant stakes holders and their transactions or agreements that might influence market behavior.