The Vanguard Group Discloses Stake in Hargreaves Lansdown

The Vanguard Group, Inc. has revealed its investment interests in Hargreaves Lansdown plc as per Form 8.3 requirements under the Takeover Code. The disclosure, dated December 3, 2024, indicates that Vanguard holds a 3.96% stake in Hargreaves Lansdown, with holdings totaling 18,796,413 ordinary shares at 0.4p each.

Recent transactions included Vanguard purchasing 2,926 shares at 10.91 GBP and 14,555 shares at 10.93 GBP, while selling 3,165 shares also at 10.91 GBP. The disclosure further clarifies the absence of any indemnity or option arrangements related to these securities, with no additional agreements or derivatives involved.

Overall, this announcement aligns with regulatory practices requiring transparency from entities holding more than 1% in pertinent securities of listed companies. Shawn Acker, a contact from Vanguard, facilitated this disclosure.