The Vanguard Group Discloses Stakes in International Distribution Services plc

The Vanguard Group, Inc. has disclosed its interest in International Distribution Services plc, reflecting an ownership of 3.75% in ordinary shares. This was made public under the Rule 8.3 of the Takeover Code, an essential regulatory disclosure concerning holdings of more than 1% in relevant securities. The disclosure was based on Vanguard's position as of February 18, 2025.

The filing also detailed Vanguard's recent transactions, involving the purchase and sale of ordinary shares at 3.65 GBP per unit. No cash-settled or stock-settled derivatives were reported in this instance. Additionally, there were no indemnities, option arrangements, or plans associated with derivatives or securities voting rights.

This disclosure underscores Vanguard’s significant stake and its adherence to the regulatory norms set by the Takeover Code in the U.K. regarding significant shareholdings.