The Vanguard Group, Inc. Announces Significant Holdings in International Distributions Services plc

The Vanguard Group, Inc. disclosed its substantial position in International Distributions Services plc, according to the latest publication under the Takeover Code Rule 8.3. As of 7th May 2024, The Vanguard Group owns a total of 34,358,848 shares, representing 3.59% of International Distributions Services’ ordinary shares. This position highlights Vanguard's significant stake and possible influence within the company.

Moreover, The Vanguard Group reported transactions involving the purchase of International Distributions Services’ shares prior to the disclosure date. On record, Vanguard bought 16,324 shares at 2.75 GBP each and an additional 14,792 shares were acquired at 2.78 GBP each. These purchases demonstrate Vanguard’s continuing interest and investment in the company’s stock amidst market activities.

The report also clarified that there are no indemnity, options, or dealing arrangements that might influence dealings, indicating a straightforward disclosure of positions without potential conflicts of influence. No supplemental details through Form 8 (Open Positions) are attached to the disclosure.