FORM 8.5
(EPT/NON-RI)
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PUBLIC OPENING POSITION
DISCLOSURE/DEALING DISCLOSURE BY AN
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EXEMPT PRINCIPAL TRADER
WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
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(OR WHERE RI STATUS IS NOT
APPLICABLE)
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Rule 8.5 of the Takeover Code
(the "Code")
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1.
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KEY
INFORMATION
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(a)
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Name of exempt principal trader:
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BARCLAYS CAPITAL SECURITIES LTD
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(b)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
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INTERNATIONAL DISTRIBUTIONS SERVICES PLC
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(c)
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Name of the party to the offer with which exempt
principal trader is connected
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INTERNATIONAL DISTRIBUTIONS SERVICES PLC
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(d)
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Date position held/dealing undertaken:
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20 May 2024
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(e)
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In
addition to the company in 1(b) above, is the exempt principal
trader making disclosures in respect of any other party to
the offer?
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NO
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2.
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POSITIONS OF THE EXEMPT PRINCIPAL TRADER
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(a)
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Interests and short positions in the relevant securities of
the offeror or offeree
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to
which the disclosure relates following the dealing (if
any)
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Class of relevant security:
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1p
ordinary
|
|
Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
Relevant securities owned and/or controlled:
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8,974,531
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0.94%
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5,541,779
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0.58%
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(2)
Cash-settled derivatives:
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3,154,264
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0.33%
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8,291,259
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0.87%
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(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
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0
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0.00%
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0
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0.00%
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TOTAL:
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12,128,795
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1.27%
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13,833,038
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1.44%
|
|
|
|
|
|
|
|
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(b)
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Rights to subscribe for new securities (including directors
and other executive options)
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Class of relevant security in relation to
which subscription right exists
|
|
Details, including nature of the rights
concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
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(a)
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Purchase and sales
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|
|
|
|
|
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Class of relevant
security
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Purchase/sale
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Total number of
securities
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Highest price per unit
paid/received
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Lowest price per unit
paid/received
|
1p ordinary
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Sale
|
784677
|
3.2361
GBP
|
3.2141
GBP
|
1p ordinary
|
Purchase
|
515540
|
3.2360
GBP
|
3.2140
GBP
|
|
|
|
|
|
|
|
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(b)
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Cash-settled derivative transactions
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Class of
relevant
security
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Product
description
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Nature of
dealing
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Number of
reference
securities
|
Price per
unit
|
1p ordinary
|
CFD
|
Decreasing
Long
|
2
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3.2350
GBP
|
1p ordinary
|
CFD
|
Decreasing
Long
|
49,814
|
3.2359
GBP
|
1p ordinary
|
CFD
|
Decreasing
Long
|
62,073
|
3.2360
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
220
|
3.2357
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
326
|
3.2300
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
582
|
3.2253
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
692
|
3.2093
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
1,327
|
3.2246
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
2,272
|
3.2242
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
2,653
|
3.2230
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
4,533
|
3.2212
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
4,642
|
3.2314
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
4,773
|
3.2249
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
6,496
|
3.2323
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
12,993
|
3.2321
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
18,527
|
3.2272
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
19,549
|
3.2234
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
23,151
|
3.2263
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
46,590
|
3.2254
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
49,415
|
3.2359
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
73,339
|
3.2360
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
137,909
|
3.2227
GBP
|
1p ordinary
|
SWAP
|
Increasing
Long
|
548
|
3.2359
GBP
|
1p ordinary
|
CFD
|
Increasing
Long
|
1,231
|
3.2277
GBP
|
1p ordinary
|
CFD
|
Increasing
Long
|
3,531
|
3.2275
GBP
|
1p ordinary
|
SWAP
|
Increasing
Long
|
4,087
|
3.2332
GBP
|
1p ordinary
|
SWAP
|
Increasing
Long
|
16,147
|
3.2327
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
87
|
3.2280
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
200
|
3.2220
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
305
|
3.2020
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
534
|
3.2260
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
746
|
3.2157
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
1,623
|
3.2141
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
4,166
|
3.2360
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
4,258
|
3.2215
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
8,170
|
3.2218
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
9,552
|
3.2206
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
16,755
|
3.2184
GBP
|
1p ordinary
|
SWAP
|
Opening
Short
|
31
|
3.2300
GBP
|
1p ordinary
|
SWAP
|
Opening
Short
|
10,176
|
3.2278
GBP
|
|
|
|
|
|
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(c)
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Stock-settled derivative transactions (including
options)
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(i)
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Writing, selling, purchasing or varying
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Class
of
relevant
security
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Product
description
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Writing,
purchasing,
selling,
varying etc
|
Number
of
securities
to which
option
relates
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Exercise
price
per unit
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Type
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Expiry
date
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Option
money
paid/
received
per unit
|
|
|
|
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(ii)
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Exercising
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|
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|
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Class of relevant
security
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Product
description
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Exercising/ exercised
against
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Number of
securities
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Exercise price per
unit
|
|
|
|
|
|
|
|
|
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(d)
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Other dealings (including subscribing for new
securities)
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Class of relevant
security
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Nature of
Dealings
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Details
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Price per unit (if
applicable)
|
|
|
|
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4.
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OTHER INFORMATION
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(a)
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Indemnity and other dealings arrangements
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Details of any indemnity or option arrangement, or any
agreement or understanding,
formal or informal, relating to relevant securities which may
be an inducement to deal or refrain from dealing entered into
by
the exempt principal trader making the disclosure and any
party
to the offer or any person acting in concert with a party to
the offer:
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NONE
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(b)
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Agreements, arrangements or understandings relating to options
or derivatives
|
Details of any agreement, arrangement or understanding, formal
or informal, between
the exempt principal trader making the disclosure and any
other person relating to:
(i) the voting rights of any relevant securities
under any option; or
(ii) the voting rights of future acquisition or
disposal of any relevant securities to which
any derivative is referenced:
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NONE
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(c)
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Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
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NO
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Date of disclosure:
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21 May 2024
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Contact name:
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Large Holdings Regulatory
Operations
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Telephone number:
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020 3134
7213
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