Vanguard Group Reports Ownership in Virgin Money UK plc

On May 14, 2024, The Vanguard Group, Inc. disclosed its significant ownership position in Virgin Money UK plc. As of May 13, the investment management firm held 73,711,141 shares, representing 5.69% of the company. This disclosure complies with Rule 8.3 of the Takeover Code, which requires such a declaration from any entity with over 1% interest in the relevant securities.

In addition, Vanguard reported transactions involving Virgin Money's 10p ordinary securities. On the referenced date, Vanguard purchased 20,143 shares and sold 15,789 shares, both at a price of 2.15 GBP per share. The firm confirmed that no cash-settled derivative transactions or stock-settled transactions were conducted, and no new rights to subscribe for additional securities were reported.