Vanguard Group Discloses Significant Position in International Distribution Services

The Vanguard Group, Inc. has released a Form 8.3 disclosure regarding its interests in International Distribution Services plc. Filed on April 17, 2025, the document reports Vanguard's significant holding in the company.

According to the disclosure, Vanguard holds 34,751,225 ordinary shares in International Distribution Services, equating to a 3.63% stake. This substantial interest positions Vanguard as a major stakeholder, in compliance with Rule 8.3 of the Takeover Code, which mandates transparency from entities holding 1% or more in relevant securities.

The disclosure specifies that Vanguard executed a purchase of 15,291 shares at a price of 3.66 GBP per unit on April 16, 2025. No other dealings, agreement, or derivatives are reported in this filing, signifying a straightforward share position without complex financial instruments involved.