The Vanguard Group, Inc. Announces Position in Currys plc

The Vanguard Group, Inc. revealed on February 21, 2024 that it holds a significant stake in Currys plc, in accordance with the Takeover Code rules. This disclosure highlighted a holding of shares amounting to a total of 49,207,570 ordinary shares of Currys plc, representing 4.34% of the company. This position reflects the status of the shares as of February 20, 2024.

This detailed report also reveals that the investor acquired 365,981 ordinary shares at a unit price of 0.65 GBP, indicating increased interest in the specialty retailer of electrical products and telecommunication services. The Vanguard Group, Inc. did not report any transactions in cash-settled derivatives or equity-settled derivatives, including relevant options and securities purchase/sale agreements.

Furthermore, the communication specifies the absence of indemnity agreements, options, or other arrangements that could incentivize the purchase or sale of securities, demonstrating transparency in accordance with regulatory practices. The statement from The Vanguard Group, Inc. underscores the organization's compliance with market disclosure requirements and reflects its strategic movements within the technology and retail sector.