The Vanguard Group Discloses Position in International Distribution Services plc

The Vanguard Group, Inc. has disclosed a significant position in International Distribution Services plc. As of 30 September 2024, Vanguard holds 35,876,721 shares of IDS, representing 3.74% of the company's ordinary shares. This disclosure is in compliance with Rule 8.3 of the Takeover Code.

Vanguard's disclosure reveals key details about their interest. The firm has engaged in a recent transaction, purchasing 123,333 ordinary shares at a price of 3.42 GBP per share. No cash-settled or stock-settled derivatives were reported.

Moreover, Vanguard confirms there are no indemnity or option arrangements related to IDS’s securities. Additionally, no formal agreements or understandings regarding voting rights or future acquisitions are in place.

This disclosure ensures transparency and adherence to regulatory requirements, providing crucial information to market participants.