The Vanguard Group Discloses Stake in International Distribution Services plc

The Vanguard Group, Inc. has disclosed its substantial interest in International Distribution Services plc, adhering to Rule 8.3 of the Takeover Code. As of December 12, 2024, the company reported ownership and control of 36,334,980 shares, equivalent to 3.79% of the ordinary shares in the company.

This disclosure follows a sale transaction involving 6,256 ordinary shares at a price of 3.57 GBP per unit. The details provided confirm that there are no other agreements, arrangements, or understandings influencing this holding or transactions.

Vanguard’s action signifies its continued engagement in securities dealing under the framework of the Code, ensuring transparency in its positions with relevant securities. The outcome of these transactions remains to be observed as Vanguard maintains its presence in International Distribution Services plc.