The Vanguard Group Reports Ownership in Virgin Money UK PLC

The Vanguard Group, Inc. has disclosed its opening position in Virgin Money UK PLC, according to the Form 8.3 released on March 22, 2024. This disclosure comes under Rule 8.3 of the Takeover Code, indicating the group's interests in securities that represent 1% or more of the company.

As of March 21, 2024, The Vanguard Group holds a total interest in 73,163,112 of Virgin Money UK's 10p ordinary GB00BD6GN030 and CDI AU0000064966 securities, equaling a 5.65% stake. This position encompasses both direct ownership and control over the said securities, with no short positions reported. Additionally, the group engaged in a minor sale of 8,838 10p ordinary shares at a price of 2.13 GBP each, further adjusting their holding.

This filing did not indicate any involvement in activist ownership or an attempt to influence the company management. Neither did it suggest any open stock-settled derivative positions or agreements for purchase/sell relevant securities. The Vanguard Group clarified that there are no indemnity, option arrangements, or understandings with any party that might act as an inducement to deal or refrain from dealing in the shares of Virgin Money UK PLC.