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The Vanguard Group Discloses Position in Hargreaves Lansdown

The Vanguard Group, Inc. has disclosed its position in Hargreaves Lansdown plc, as per a Form 8.3 filing on January 22, 2025. The disclosure highlights a 3.99% interest in Hargreaves Lansdown, translating to 18,910,193 shares of the 0.4p ordinary class.

The transaction, recorded on January 21, showed the purchase of 198 additional securities at a rate of 11.03 GBP each. No cash-settled or stock-settled derivatives were detailed in the filing. There were no agreements or understandings concerning securities, ensuring transparency in Vanguard's dealings.

The disclosure of such holdings is mandated by Rule 8.3 of the Takeover Code, requiring positions above 1% to be declared. This move enhances transparency amid any potential takeover actions involving Hargreaves Lansdown.

R. P.

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