Vanguard Discloses Position in Property Consortium

The Vanguard Group, Inc. has released a disclosure form concerning their interests in a consortium involving LondonMetric Property plc and Schroder Real Estate Investment Trust Limited. The disclosure, submitted under Rule 8.3 of the Takeover Code, details Vanguard's position as of March 27, 2026.

Vanguard holds a significant 5.32% interest in LondonMetric Property's 10p ordinary shares, amounting to 124,700,128 shares. In contrast, their holding in Schroder Real Estate Investment Trust Limited is relatively smaller at 0.94%, accounting for 4,573,276 shares. Additionally, Vanguard recently acquired 67,141 shares of LondonMetric Property at a price of 1.79 GBP per unit.

This position disclosure forms part of compliance requirements when an entity holds a 1% or more stake in relevant securities during takeover bids or consortium formations.