on Royal Mail Group (isin : GB00BDVZYZ77)
The Vanguard Group, Inc. Discloses Position in International Distribution Services plc
The Vanguard Group, Inc. has released Form 8.3, revealing its substantial interest in International Distribution Services plc. As of September 10, 2024, Vanguard's stake in the company is 35,951,626 shares, which equates to 3.75% of the relevant securities.
This disclosure is mandated by Rule 8.3 of the Takeover Code. It requires public declaration by entities holding 1% or more of a company's securities. Vanguard disclosed no involvement in cash-settled derivatives or any stock-settled derivatives beyond their declared interest.
The filing underscores that there are no indemnity or option arrangements, nor any agreements related to options or derivatives for voting rights or future acquisitions. Shawn Acker, contactable via the provided telephone number, is listed for further inquiries. This position disclosure is part of the regulatory requirements to maintain transparency in significant shareholdings.
R. P.
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