Vanguard Group's Recent Stake in International Distribution Services plc Detailed in Form 8.3

The Vanguard Group, Inc. has disclosed their latest holdings in International Distribution Services plc as of May 1, 2024, revealing a significant stake of 3.58% in the firm. An opening position disclosure stated that this percentage translates into 34,327,732 ordinary shares.

A recent transaction involving these shares was noted wherein 11,439 shares were sold at the price of 2.72 GBP each, according to the details provided in the document. Under Rule 8.3 of the Takeover Code, this substantial holding indicates that Vanguard maintains interests that represent more than 1% of the company’s securities. Additionally, no other dealings in derivatives or other securities were reported in this filing.

The disclosure is part of the standard regulatory requirements, ensuring transparency in transactions and holdings by significant investors in public companies. Vanguard's current declared activity appears limited to straightforward securities ownership and sales, without references to indemnity, derivatives, or other complex arrangements in this particular reporting period.