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The Vanguard Group Discloses Position in Big Yellow Group

The Vanguard Group, Inc. has publicly disclosed its position in Big Yellow Group plc according to Form 8.3 of the Takeover Code. As of November 3, 2025, Vanguard holds a 5.56% interest in Big Yellow Group, equating to 10,939,578 shares. This disclosure comes under the requirement for any entity with more than 1% interest in relevant securities involved in a takeover offer.

No other parties were involved in the Vanguard disclosure, as noted. Additionally, the report indicates that there were no cash-settled or stock-settled derivatives held by Vanguard concerning Big Yellow Group. On the trading front, Vanguard purchased 828 shares of the 10p ordinary class at 11.14 GBP per share, with no further transactions reported on derivative instruments.

The disclosure also notes the absence of any indemnity or other dealing arrangements. No additional agreements or understandings regarding options or derivatives were highlighted in the report. Furthermore, no Supplemental Form 8 was attached, indicating no open positions.

R. H.

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