The Vanguard Group Discloses Stake in International Distribution Services

On April 24, 2025, The Vanguard Group, Inc. released its Form 8.3, detailing its holdings in International Distribution Services plc. According to the disclosure, Vanguard holds 3.63% of the 1p ordinary shares, totaling 34,807,345 securities.

The disclosure follows Rule 8.3 of the Takeover Code, which requires disclosure of holdings representing 1% or more in relevant securities. The statement covers positions as of April 23, 2025. Recent activities included purchasing 12,243 shares and selling 7,647 shares, each at a price of 3.66 GBP.

No other dealings, agreements, or arrangements were reported concerning options or derivatives. Additionally, there are no indemnities or other understandings cited that would influence dealing behavior related to the offer. The disclosure was submitted on April 24, 2025, without any attached supplemental information.