Vanguard Group Discloses Stake in International Distribution Services plc

The Vanguard Group, Inc. has reported a significant holding in International Distribution Services plc. According to a disclosure on May 1, 2024, under the UK's Takeover Code, Vanguard owns 3.58% of the company, representing 34,339,171 shares. This declaration follows their purchase of 49,784 shares at a price of £2.71 each on April 30, 2024.

This public opening position comes amid no reported cash-settled or stock-settled derivative transactions connected to this holding. Vanguard has also specified that there are no current agreements, arrangements, or understandings related to this stake that would suggest any future acquisition or disposition engagements concerning the securities referenced.