Vanguard Group Reports Over 3% Stake in International Distribution Services

The Vanguard Group, Inc. disclosed a significant ownership position in International Distribution Services plc on May 13, 2024. In a regulatory filing, Vanguard revealed a controlling interest comprising 34,361,820 shares, which constitutes 3.59% of the company's issued share capital. This disclosure, as mandated under Rule 8.3 of the UK's Takeover Code, indicates Vanguard's status as a person with interests in relevant securities representing more than 1%.

Additionally, the disclosure included details of recent market transactions, citing the purchase of 2,972 shares at a price of 2.81 GBP per share. The document affirmed no involvements in cash-settled derivatives or any undisclosed agreements related to this holding. Vanguard's announcement on this date lacks any indication of further transactions or derivative holdings. The communication was verified by contact person Shawn Acker, who remains available for further clarifications through the provided telephone number.