The Vanguard Group's Stake in British Land Co: Key Details

The Vanguard Group, Inc. has disclosed its financial position in British Land Company plc as of March 16, 2026. The disclosure follows Rule 8.3 of the Takeover Code, which mandates public position disclosures for entities with significant interests. Specifically, Vanguard owns and controls 54,699,739 ordinary shares, representing a 5.47% stake in British Land.

This substantial interest was confirmed in Vanguard's purchase of 24,920 shares at a unit price of 3.72 GBP. Notably, Vanguard has no cash-settled or stock-settled derivatives associated with these shares, nor any outstanding agreements for future purchases or sales. Additionally, the firm has no further disclosures or dealings connected to any other party related to the offer.

Vanguard specified no indemnity or other arrangements that might influence this disclosure. The supplemental Open Positions form was not attached, indicating no other open stock-settled positions. The disclosure was finalized on March 17, 2026, with no additional agreements or understandings reported.