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The Vanguard Group Discloses Position in International Distributions Services PLC

The Vanguard Group, Inc. reported its public opening position regarding International Distributions Services PLC, indicating a holding of approximately 3.58% in the company's relevant securities. These disclosures align with Rule 8.3 of the Takeover Code, embodying the transparency required for entities with substantial interests in stocks surpassing the 1% threshold. The filing indicates a specific interest of 34,310,723 shares, detailed by Vanguard in their latest report provided on 24 April 2024.

Furthermore, the document highlighted Vanguard's recent trading activities, which included purchasing 4,480 shares at 2.78 GBP per unit and selling 7,989 shares at 2.79 GBP each. These transactions demonstrate Vanguard's active management of its stake in International Distributions Services. The report emphasized that there are no open stock-settled derivative positions for Vanguard, and they are not involved in any undisclosed trading agreements that could influence their dealings.

R. P.

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