Vanguard Group Discloses Substantial Holdings in Rio Tinto

The Vanguard Group, Inc., a significant player in the investment sector, has disclosed its substantial interest in Rio Tinto plc and Rio Tinto Limited. According to Form 8.3, submitted as per Rule 8.3 of the Takeover Code, Vanguard controls 4.45% of Rio Tinto plc's 10p ordinary shares, equaling 55,856,889 shares. They also hold 6.81% of Rio Tinto Limited ordinary shares, equivalent to 25,288,273 shares.

Additionally, Vanguard reported several transactions involving shares of both Rio Tinto plc and Rio Tinto Limited. Among notable trades, they purchased 1,438 and 10,098 shares of Rio Tinto plc at GBP 67.51 and GBP 67.65, respectively, and sold 38,394 shares at GBP 67.38. For Rio Tinto Limited, they acquired various shares at prices ranging from AUD 154.79 to AUD 155.25.

The disclosure also links Vanguard with Glencore plc, though no specifics on this connection were elaborated.