on The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group Discloses Stake in Hargreaves Lansdown
The Vanguard Group, Inc. has released Form 8.3 disclosing a public opening position in Hargreaves Lansdown plc. As of November 12, 2024, Vanguard held 18,724,853 ordinary shares, representing a 3.95% stake in the company. This disclosure adheres to Rule 8.3 of the Takeover Code, requiring transparency from those with interests in relevant securities of 1% or more.
The document reveals that Vanguard increased its position by purchasing 14,229 shares at 10.94 GBP per share. There are no cash-settled or stock-settled derivatives specified, nor other dealings or agreements involving their stake in Hargreaves Lansdown.
The disclosure highlights that no indemnity or other arrangements potentially affecting the securities' voting rights exist. Further, no supplemental forms detailing open positions accompany this disclosure.
R. H.
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