The Vanguard Group Discloses Stake in International Distribution Services

The Vanguard Group, Inc. has disclosed its interests in International Distribution Services plc. According to Form 8.3, required by Rule 8.3 of the Takeover Code, Vanguard has an interest in 36,442,000 shares representing 3.80% of the company. The disclosure relates to positions held on 06 January 2025. Vanguard reported no cash-settled derivatives or stock-settled derivatives and agreements related to these shares.

The filing indicates a recent transaction involving the sale of 4,015 shares at a price of 3.64 GBP per unit. Further transparency is noted as there are no indemnity or option arrangements or understandings affecting these securities. The disclosure does not involve any other parties or cash offers. The report emphasizes compliance with the Code and provides essential information for stakeholders.