The Vanguard Group, Inc. Discloses Position in International Distribution Services plc

The Vanguard Group, Inc. has disclosed its position in International Distribution Services plc, according to a Form 8.3 released on May 30, 2024. This disclosure comes under Rule 8.3 of the Takeover Code, which mandates public opening position disclosures by those with interests in relevant securities representing 1% or more.

The filing reveals that Vanguard controls 34,667,323 ordinary shares of International Distribution Services plc, accounting for 3.62% of total securities. Additionally, Vanguard reported a purchase of 11,245 ordinary shares at a price of 3.35 GBP per unit on May 29, 2024.

No positions involving cash-settled or stock-settled derivatives, nor any agreements or understandings relating to options or derivatives, were disclosed. There are also no indemnity or other dealing arrangements in place, as stated in the Form 8.3.