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Vanguard Group Discloses Stake in PRS REIT plc

The Vanguard Group, Inc. has released Form 8.3, detailing its involvement with PRS REIT plc. The disclosure, dated 28 February 2025, confirms Vanguard's interests in relevant securities of PRS REIT, holding a 1.78% stake amounting to 9,768,665 ordinary shares. This public opening position is part of the requirements under Rule 8.3 of the Takeover Code, concerning persons with interests representing 1% or more.

The document specifies that no cash-settled derivatives or stock-settled derivatives are currently in place, and no additional parties are related to Vanguard’s current disclosure. Furthermore, the disclosure includes a sale of 19,190 ordinary shares at 1.15 GBP per share. Vanguard has no agreements pertaining to indemnities or options related to these securities.

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