The Vanguard Group Reports Position in International Distribution Services plc

The Vanguard Group, Inc. has publicly disclosed its position in International Distribution Services plc as part of Rule 8.3 of the Takeover Code. The information was released on 4th September 2024.

Key details include that the discloser is The Vanguard Group, Inc., and the relevant securities are linked to International Distribution Services plc. The position held was recorded on 3rd September 2024.

The interest comprises 35,935,154 units, equating to a 3.75% stake in ordinary 1p shares. There were no cash-settled or stock-settled derivatives disclosed. A sale of 33,223 units at 3.40 GBP per unit was reported.

No indemnity or other dealing arrangements were noted, and no agreements or understandings were reported regarding options or derivatives. A Supplemental Form 8 was not attached, as per the disclosure.