Vanguard Group Discloses Position in Virgin Money UK plc

The Vanguard Group, Inc. has revealed its latest financial position regarding Virgin Money UK plc. As of 16 May 2024, the investment management giant holds an interest comprising 5.70% of Virgin Money's available securities, translating to 73,867,069 ordinary shares.

Amid these holdings, The Vanguard Group engaged in a specific transaction on 15 May 2024, purchasing 52,416 shares at 2.14 GBP each. This purchase aligns with their ongoing financial strategies within the competitive banking sector.

The disclosure, mandatory under Rule 8.3 of the Takeover Code, seeks to maintain transparency during potential takeover scenarios where dealings exceed a 1% threshold of a company's relevant securities. No other financial instruments, such as derivatives or options, affected Vanguard's position, and they reported no additional affiliations with other offerors or offerees.