The Vanguard Group Discloses Stake in Hargreaves Lansdown plc

The Vanguard Group, Inc. has submitted a Form 8.3 revealing its interests in Hargreaves Lansdown plc. As of October 3, 2024, Vanguard holds 18,705,178 ordinary shares, accounting for 3.94% ownership in the UK-based investment services company. This figure reflects Vanguard's position under Rule 8.3 of the Takeover Code, which mandates transparency when a party's holdings represent 1% or more of relevant securities. The filing did not detail any cash-settled or stock-settled derivative transactions beyond a small purchase of 695 securities at 10.85 GBP per unit. No indemnities, options, or further agreements were reported, indicating no additional inducements or arrangements regarding these securities.