The Vanguard Group Discloses Stake in LondonMetric Property

The Vanguard Group, Inc. has disclosed its public opening position regarding its interests in LondonMetric Property plc. According to the Form 8.3 filed under the UK's Takeover Code, Vanguard holds 5.31% of the 10p ordinary shares of LondonMetric Property plc, totaling 124,583,912 shares. Additionally, Vanguard possesses a smaller stake in Schroder Real Estate Investment Trust Limited, amounting to 0.93% of total shares, which translates to 4,556,450 ordinary shares.

This disclosure highlights Vanguard's significant position in these companies amid a takeover context involving a consortium between LondonMetric and Schroder Real Estate. Notably, it also mentions Picton Property Income Limited as an additional entity related to the offer. The disclosure includes noting an acquisition of 81,938 LondonMetric shares at 1.87 GBP per share on June 2, 2026.