Vanguard Group's Current Holdings in International Distributions Services Detailed in Latest Disclosure

The Vanguard Group, Inc. released a Form 8.3 on April 19, 2024, revealing it controls a significant interest in International Distributions Services plc (IDS). Per the disclosure, as of April 18, 2024, The Vanguard Group's holdings in IDS reached 34,241,161 ordinary shares, amounting to a 3.57% stake. This disclosure adheres to Rule 8.3 of the Takeover Code, which mandates transparency from parties holding over 1% of a company during takeover procedures.

Additionally, recent transactions included a purchase of 118,864 IDS shares at GBP 2.70 per unit. The document emphasizes that these dealings pertain only to IDS, as no other parties involved in a cash offer or possible cash offer were addressed in this disclosure. Furthermore, The Vanguard Group confirmed that there were no other dealings in cash-settled or stock-settled derivative transactions related to IDS shares. Also, there are no agreements or understandings affecting voting rights or future transactions referenced in the dealings disclosed.