Vanguard's Stake in Hargreaves Lansdown plc

The Vanguard Group, Inc. disclosed its interest in Hargreaves Lansdown plc through a Form 8.3 filing as of January 3, 2025. Vanguard holds 18,887,275 ordinary shares, representing a 3.98% stake in Hargreaves Lansdown. This announcement is part of a regular disclosure under Rule 8.3 of the Takeover Code, which requires entities holding interests greater than 1% in relevant securities to share their positions with the public.

Vanguard's latest dealings include the purchase of 13,918 ordinary shares at prices of 10.98 and 11.00 GBP per share. No open positions related to stock-settled derivatives or agreements were highlighted in the disclosure. Additionally, no indemnity or other dealing arrangements were reported.

Overall, Vanguard's filing provides insight into its investment strategy, maintaining transparency while underlining its position in the UK financial advisory firm.