The Vanguard Group Discloses Stake in Hargreaves Lansdown PLC

The Vanguard Group, Inc. has released a Form 8.3, revealing its position in Hargreaves Lansdown PLC. As of November 18, 2024, Vanguard controls interests amounting to 3.96% in Hargreaves Lansdown's 0.4p ordinary shares. The company holds a significant number of shares, totaling 18,765,313. This disclosure is in line with Rule 8.3 of the Takeover Code, which mandates transparency for stakeholders with 1% or more interest in relevant securities.

Additionally, Vanguard reported purchasing 28,730 shares at 10.88 GBP per share on the disclosed date. The disclosure indicates no involvement in derivatives or options for Hargreaves Lansdown securities. Furthermore, Vanguard has no existing agreements or arrangements related to options or derivatives with any third parties.