Vanguard Group Discloses Stake in International Distribution Services plc

On July 12, 2024, The Vanguard Group, Inc. disclosed its position in International Distribution Services plc, as per Rule 8.3 of the Takeover Code. This rule mandates disclosure for any entity holding an interest in relevant securities amounting to 1% or more.

The disclosure reveals that Vanguard holds 3.66% of the ordinary 1p shares of International Distribution Services plc, amounting to 35,046,432 shares. Additionally, on July 11, 2024, Vanguard purchased 37,732 shares at a price of 3.32 GBP per share.

No derivative positions or agreements for new securities were disclosed. The document specifies that there are no indemnity or other dealing arrangements, nor any agreements related to voting rights or future acquisition/disposal of any relevant securities.

This declaration is part of Vanguard’s compliance with public opening position disclosures, ensuring transparency in its dealings with International Distribution Services plc.