The Vanguard Group Reports Stake in International Distribution Services plc

The Vanguard Group, Inc. has disclosed a significant stake in International Distribution Services plc, with details captured in a Form 8.3 filing. This filing, published on October 9, 2024, provides transparency concerning the group's interests in securities representing 1% or more, as mandated by Rule 8.3 of the Takeover Code.

As of October 8, 2024, Vanguard holds 35,926,343 ordinary shares in International Distribution Services, accounting for 3.75% of the total shares. The disclosure notes the company's direct interests without any significant short positions or complex derivatives involved. The filing also confirms a recent purchase of 3,655 shares at 3.42 GBP each.

The document further clarifies that no indemnity, option arrangements, or voting agreements linked to these securities are in place. The Vanguard Group's disclosure ensures compliance with regulatory requirements and aids market transparency.