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The Vanguard Group Discloses 3.75% Stake in International Distribution Services plc

On September 12, 2024, The Vanguard Group, Inc. publicly disclosed its position regarding International Distribution Services plc. According to the Form 8.3, Vanguard now holds a 3.75% stake, equivalent to 35,955,281 ordinary shares.

The filing, in compliance with Rule 8.3 of the Takeover Code, indicates transactions took place on September 11, 2024. Among the recent dealings, Vanguard purchased 3,655 ordinary shares at a price of 3.42 GBP per unit.

No agreements, arrangements, or understandings relating to options or derivatives have been reported. Additionally, Vanguard confirms the absence of any indemnity or dealing arrangements that could influence market activities.

This disclosure highlights Vanguard's increasing involvement in the securities of International Distribution Services plc, underlining its position as a significant stakeholder in the company.

R. P.

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