on The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group Discloses Position in Unite Group plc
The Vanguard Group, Inc. has recently submitted a Form 8.3, revealing its position in the securities of The Unite Group plc. As per the disclosure under Rule 8.3 of the Takeover Code, Vanguard holds 22,119,915 ordinary shares in Unite Group, representing 4.52% of the company's share capital. This position emphasizes Vanguard's substantial interest, crossing the 1% threshold mandated by the Code for public disclosure.
The disclosure, dated July 8, 2025, also extends to Empiric Student Property plc, indicating Vanguard’s engagements with other parties related to the offer. Additionally, on July 8, Vanguard purchased 11,123 shares of Unite Group at a unit price of 8.16 GBP. No other dealings or derivative transactions were reported for this period.
No indemnity or further arrangements related to securities transactions have been disclosed, sustaining Vanguard's transparency regarding its dealings.
R. H.
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