The Vanguard Group Discloses Stake in International Distribution Services

The Vanguard Group, Inc. has made an official disclosure regarding its stake in International Distribution Services plc. As outlined in the Form 8.3 released on February 20, 2025, Vanguard holds interests in 35,983,985 1p ordinary shares, representing a 3.76% stake in the company. The form adheres to Rule 8.3 of the Takeover Code, necessitating disclosure by individuals or entities with significant shares in a company.

In recent dealings, Vanguard purchased 72,974 shares at 3.65 GBP per unit and sold 49,360 shares at the same price. The document further confirms no involvement in cash-settled derivatives or indemnity agreements related to these securities. Vanguard has clarified that there are no additional agreements or arrangements concerning voting rights or future acquisitions. This disclosure is part of standard procedural compliance under the Takeover Code.