Vanguard Group Announces Stake in Empiric Student Property

The Vanguard Group, Inc. recently disclosed their position in Empiric Student Property plc under Form 8.3. The financial giant holds a 1.89% interest in this real estate trust that specializes in student accommodation. This disclosure is in line with Rule 8.3 of the Takeover Code, which mandates transparency for entities holding 1% or more in relevant securities.

The company's position was documented as of 30 June 2025, including a sale of 193,432 ordinary shares at 1.03 GBP each. No changes were reported in cash-settled or stock-settled derivatives, nor were there options or agreements affecting securities.

Vanguard's declaration also mentions another entity involved in the offer, Unite Group plc. However, no indemnity or option arrangements, nor agreements about voting rights, were disclosed, reinforcing the straightforward nature of this financial relationship.