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

The Vanguard Group, Inc. has released a public disclosure under Rule 8.3 of the Takeover Code, stating that it holds a significant interest in International Distributions Services plc. The disclosure reveals that as of May 24, 2024, Vanguard owns 34,616,358 ordinary shares, representing 3.61% of the company.

The disclosure includes detailed information about the securities held, including cash-settled and stock-settled derivatives. There are no current rights to subscribe for new securities, and no indemnity or other dealing arrangements exist.

The trades made by Vanguard include the purchase of 24,549 shares and the sale of 8,785 shares, both at a price of 3.20 GBP per unit. No other derivative transactions or agreements have been reported.

A public disclosure must be made by any person with interests in relevant securities representing 1% or more under Rule 8.3 of the Takeover Code. Vanguard's disclosure complies with this requirement, ensuring transparency in significant shareholdings.