Vanguard Group Discloses Stake in International Distribution Services plc

The Vanguard Group, Inc. has made a public disclosure revealing its position in International Distribution Services plc, an entity of interest due to its significant shareholdings. The disclosure, made under Rule 8.3 of the Takeover Code, details Vanguard's ownership of 36,341,236 shares, representing a 3.79% stake in the company's ordinary 1p securities as of December 11, 2024.

The filing indicated recent trades, including the purchase of 54,760 shares and the sale of 4,416 shares, both executed at a price of 3.58 GBP per unit. No derivative positions or new subscription rights were disclosed, and Vanguard confirmed the absence of any indemnity or option agreements related to this equity.

The details were disclosed to comply with regulatory requirements, necessary for any entities exceeding a 1% shareholding in a company under the Takeover Code.