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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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15 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
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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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9,414,684
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0.98%
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5,483,206
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0.57%
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(2)
Cash-settled derivatives:
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3,252,743
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0.34%
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8,622,977
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0.90%
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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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12,667,427
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1.32%
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14,106,183
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1.47%
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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
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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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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
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1p ordinary
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Sale
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5117997
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3.2920
GBP
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2.7360
GBP
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1p ordinary
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Purchase
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2113882
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3.2820
GBP
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2.7420
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
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Price per
unit
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1p ordinary
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SWAP
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Closing
Long
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100
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2.8019
GBP
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1p ordinary
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SWAP
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Closing
Long
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119
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3.1764
GBP
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1p ordinary
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SWAP
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Closing
Long
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1,144
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3.1480
GBP
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1p ordinary
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SWAP
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Closing
Long
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4,478
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3.1514
GBP
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1p ordinary
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SWAP
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Closing
Long
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10,053
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2.9947
GBP
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1p ordinary
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SWAP
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Closing
Long
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74,574
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3.1483
GBP
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1p ordinary
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SWAP
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Closing
Short
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354,148
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2.7845
GBP
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1p ordinary
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SWAP
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Closing
Short
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969,246
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3.2671
GBP
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1p ordinary
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SWAP
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Closing
Short
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1,026,740
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3.2578
GBP
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1p ordinary
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CFD
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Decreasing
Long
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109
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2.7500
GBP
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1p ordinary
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CFD
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Decreasing
Long
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1,335
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3.1480
GBP
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1p ordinary
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CFD
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Decreasing
Long
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2,300
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3.2133
GBP
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1p ordinary
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CFD
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Decreasing
Long
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2,416
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3.2086
GBP
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1p ordinary
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CFD
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Decreasing
Long
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6,166
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3.2066
GBP
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1p ordinary
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CFD
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Decreasing
Long
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9,713
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3.0223
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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117
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3.1477
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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140
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2.7839
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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291
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2.7839
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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537
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2.7360
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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838
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2.9069
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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1,598
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2.8705
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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1,939
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2.9491
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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2,297
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2.9079
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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3,283
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3.1952
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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3,962
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2.9494
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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6,565
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3.1824
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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7,523
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3.0901
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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9,756
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3.3500
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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12,920
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2.8574
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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29,761
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3.2202
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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48,418
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3.1682
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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71,623
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3.1846
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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75,071
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3.1748
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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84,964
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3.1479
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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219,664
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3.1692
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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373,087
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3.1994
GBP
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1p ordinary
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SWAP
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Decreasing
Short
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430,119
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3.1771
GBP
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1p ordinary
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CFD
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Increasing
Long
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198
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3.2697
GBP
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1p ordinary
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CFD
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Increasing
Long
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1,652
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3.2529
GBP
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1p ordinary
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CFD
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Increasing
Long
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6,668
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2.7921
GBP
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1p ordinary
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CFD
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Increasing
Long
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12,127
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3.2376
GBP
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1p ordinary
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CFD
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Increasing
Long
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157,137
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3.1480
GBP
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1p ordinary
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SWAP
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Increasing
Short
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481
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3.2400
GBP
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1p ordinary
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SWAP
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Increasing
Short
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1,092
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2.7814
GBP
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1p ordinary
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SWAP
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Increasing
Short
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7,272
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3.1461
GBP
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1p ordinary
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SWAP
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Increasing
Short
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15,567
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2.9485
GBP
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1p ordinary
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SWAP
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Increasing
Short
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17,839
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3.1625
GBP
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1p ordinary
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SWAP
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Increasing
Short
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31,437
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3.0802
GBP
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1p ordinary
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SWAP
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Increasing
Short
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43,579
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3.1516
GBP
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1p ordinary
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SWAP
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Increasing
Short
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48,941
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3.0910
GBP
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1p ordinary
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SWAP
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Increasing
Short
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112,010
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3.2097
GBP
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1p ordinary
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SWAP
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Increasing
Short
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278,702
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3.1480
GBP
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1p ordinary
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SWAP
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Increasing
Short
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327,831
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3.1480
GBP
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1p ordinary
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SWAP
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Opening
Long
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1
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3.1500
GBP
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1p ordinary
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SWAP
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Opening
Long
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159,469
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3.1976
GBP
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1p ordinary
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SWAP
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Opening
Short
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75,290
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3.1637
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
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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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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
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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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16 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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