Vanguard Discloses Significant Stake in International Distribution Services plc

The Vanguard Group, Inc. has made public its position in International Distribution Services plc, revealing an interest exceeding the 1% threshold specified by the Takeover Code's Rule 8.3. As of October 22, 2024, Vanguard holds 36,043,096 shares, which represents a 3.76% stake in the company, showcasing its considerable investment.

In recent transactions, Vanguard purchased an additional 8,908 shares of 1p ordinary stock at a price of 3.44 GBP per unit, reflecting active engagement in the market. Notably, the disclosure highlights the absence of any derivative transactions, agreements, or other arrangements related to these shares.

The disclosure is in adherence to regulatory obligations under the Takeover Code, ensuring transparency in Vanguard's dealings and positions within the relevant securities of International Distribution Services plc.