The Vanguard Group Discloses 3.75% Stake in International Distribution Services plc

The Vanguard Group, Inc. has released its public statement regarding its stake in International Distribution Services plc, revealing a substantial interest in the company. As of October 2, 2024, Vanguard holds 35,920,224 ordinary shares, representing 3.75% of the company's relevant securities.

The disclosure comes under Rule 8.3 of the Takeover Code, which necessitates the declaration of interest by persons holding 1% or more in relevant securities. The report is a standard regulatory requirement designed to ensure transparency in securities holding.

In addition to the disclosed stake, Vanguard reported recent purchase transactions: 16,387 shares at 3.43 GBP per share and 8,010 shares at 3.44 GBP per share. No agreements or arrangements involving options or derivatives have been reported.