The Vanguard Group Discloses Major Stake in Mitie Group

The Vanguard Group, a prominent investment firm, has disclosed its significant financial interest in Mitie Group plc. According to a filing made on July 25, 2025, under Rule 8.3 of the Takeover Code, Vanguard holds 60,906,374 shares, representing 4.85% of Mitie's ordinary securities. This marks a substantial stake by a single stakeholder.

Despite these holdings, Vanguard reported minimal recent sales activity, indicating a transaction involving 100,921 shares at a price of 1.43 GBP per unit. The disclosure provides no details regarding positions in cash-settled or stock-settled derivatives nor any other significant dealings or arrangements.

No indemnities, options, or agreements that could influence these securities' handling have been identified. Vanguard’s filing confirms it has not entered into any such arrangements, as of the disclosed date, July 24, 2025.