The Vanguard Group Discloses Position in International Distribution Services PLC

The Vanguard Group, Inc. has released a Form 8.3, disclosing its open position in International Distribution Services plc. As of November 6, 2024, Vanguard controlled interests in 36,133,852 ordinary shares, representing 3.77% of the company's securities. The disclosures comply with Rule 8.3 of the Takeover Code, which necessitates public reporting when interests exceed 1%.

The document details that Vanguard engaged in trading activities, including the purchase of 90,988 shares at 3.38 GBP each and the sale of 14,316 shares at 3.37 GBP each. No cash-settled or stock-settled derivatives are reported, nor are there any agreements or understandings regarding further voting rights or acquisitions.