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The Vanguard Group Discloses Significant Position in International Distribution Services

The Vanguard Group, Inc. has disclosed a substantial interest in International Distribution Services plc, as per Form 8.3 filed under Rule 8.3 of the Takeover Code. The document, dated April 30, 2025, reveals that Vanguard holds 34,854,666 ordinary shares, representing a 3.64% stake in International Distribution Services' relevant securities.

This move is noteworthy as Vanguard, an influential investment management firm, indicates active engagement in securities of the company mentioned. The disclosure also covers a recent acquisition of 30,780 ordinary shares at a price of 3.66 GBP each, accentuating Vanguard's increasing involvement.

The form confirms no other derivative positions or agreements related to additional securities classes. Additionally, Vanguard affirmatively states the absence of any indemnity or option agreements related to voting rights or future acquisitions.

R. E.

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