Vanguard Group Discloses Stake in International Distribution Services plc

The Vanguard Group, Inc. has disclosed its position in International Distribution Services plc through Form 8.3, in compliance with Rule 8.3 of the Takeover Code. As of January 27, 2025, Vanguard holds 3.78% of the company's 1p ordinary shares, amounting to 36,254,615 shares. This disclosure signifies a notable interest in International Distribution Services plc, given that it surpasses the 1% threshold outlined by the Code.

The filing provides detailed insights into the firm's activities, indicating a recent sale of 51,228 shares at 3.65 GBP each. The document clarifies that no cash-settled or stock-settled derivative transactions have occurred following the dealing activity. Furthermore, Vanguard indicates the absence of indemnities or agreements connected to its holdings, underlining the straightforward nature of its current stake.