The Vanguard Group Discloses Interests in PRS REIT plc

The Vanguard Group, Inc. has released a Form 8.3 disclosure, indicating its significant position in PRS REIT plc as of January 17, 2025. According to the filing, Vanguard holds 10,422,979 of the 1p ordinary shares, representing a 1.90% interest in the company. This disclosure complies with Rule 8.3 of the Takeover Code, which requires public opening position disclosures from entities with interests exceeding 1% in relevant securities.

Within the reported transactions, Vanguard disclosed the sale of 4,422 shares and the purchase of 2,311 shares of 1p ordinary shares, both at £1.10 per unit. No additional dealings in cash-settled or stock-settled derivatives were reported. Vanguard confirmed there are no other related agreements or inducements to deal.

As of January 20, 2025, no supplemental forms indicating open positions were attached, and no further understanding regarding voting rights or future trades was declared.