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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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17 Apr 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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12,558,479
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1.31%
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5,434,257
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0.57%
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(2)
Cash-settled derivatives:
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2,649,121
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0.28%
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11,993,495
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1.25%
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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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15,207,600
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1.59%
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17,427,752
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1.82%
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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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3119163
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2.7600
GBP
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2.1288
GBP
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1p ordinary
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Purchase
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1845783
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2.7600
GBP
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2.1348
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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Opening
Long
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514
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2.5664
GBP
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1p ordinary
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SWAP
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Opening
Long
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525
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2.5679
GBP
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1p ordinary
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SWAP
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Opening
Long
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1,547
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2.5490
GBP
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1p ordinary
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SWAP
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Opening
Long
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1,688
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2.1288
GBP
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1p ordinary
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SWAP
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Opening
Long
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2,543
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2.5489
GBP
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1p ordinary
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SWAP
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Opening
Long
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2,544
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2.5937
GBP
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1p ordinary
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SWAP
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Opening
Long
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2,544
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2.5424
GBP
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1p ordinary
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SWAP
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Opening
Long
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4,957
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2.5809
GBP
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1p ordinary
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SWAP
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Opening
Long
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20,576
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2.5754
GBP
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1p ordinary
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SWAP
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Opening
Long
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31,571
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2.5534
GBP
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1p ordinary
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SWAP
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Opening
Long
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208,179
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2.5682
GBP
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1p ordinary
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SWAP
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Opening
Short
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34
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2.1300
GBP
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1p ordinary
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SWAP
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Opening
Short
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277
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2.4980
GBP
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1p ordinary
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SWAP
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Opening
Short
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400
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2.5669
GBP
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1p ordinary
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SWAP
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Opening
Short
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424
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2.6514
GBP
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1p ordinary
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SWAP
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Opening
Short
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590
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2.4853
GBP
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1p ordinary
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SWAP
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Opening
Short
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696
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2.4975
GBP
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1p ordinary
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SWAP
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Opening
Short
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793
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2.5632
GBP
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1p ordinary
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SWAP
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Opening
Short
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1,099
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2.5740
GBP
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1p ordinary
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SWAP
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Opening
Short
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1,277
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2.5947
GBP
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1p ordinary
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SWAP
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Opening
Short
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1,375
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2.4518
GBP
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1p ordinary
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SWAP
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Opening
Short
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2,021
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2.5080
GBP
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1p ordinary
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SWAP
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Opening
Short
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5,043
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2.5008
GBP
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1p ordinary
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SWAP
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Opening
Short
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5,385
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2.4495
GBP
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1p ordinary
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SWAP
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Opening
Short
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5,403
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2.6085
GBP
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1p ordinary
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SWAP
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Opening
Short
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5,632
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2.4642
GBP
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1p ordinary
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SWAP
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Opening
Short
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6,429
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2.5460
GBP
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1p ordinary
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SWAP
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Opening
Short
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6,844
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2.4780
GBP
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1p ordinary
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CFD
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Opening
Short
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6,948
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2.5656
GBP
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1p ordinary
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SWAP
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Opening
Short
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9,600
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2.5355
GBP
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1p ordinary
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SWAP
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Opening
Short
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10,157
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2.4756
GBP
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1p ordinary
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CFD
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Opening
Short
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11,323
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2.5056
GBP
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1p ordinary
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SWAP
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Opening
Short
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21,958
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2.5260
GBP
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1p ordinary
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SWAP
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Opening
Short
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25,750
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2.6855
GBP
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1p ordinary
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SWAP
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Opening
Short
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26,907
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2.5648
GBP
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1p ordinary
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SWAP
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Opening
Short
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35,250
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2.5665
GBP
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1p ordinary
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SWAP
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Opening
Short
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43,055
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2.4903
GBP
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1p ordinary
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CFD
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Opening
Short
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46,329
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2.5997
GBP
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1p ordinary
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SWAP
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Opening
Short
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51,324
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2.5043
GBP
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1p ordinary
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SWAP
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Opening
Short
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53,270
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2.5497
GBP
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1p ordinary
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SWAP
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Opening
Short
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62,561
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2.4869
GBP
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1p ordinary
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SWAP
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Opening
Short
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80,928
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2.5126
GBP
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1p ordinary
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SWAP
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Opening
Short
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94,595
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2.5291
GBP
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1p ordinary
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SWAP
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Opening
Short
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136,062
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2.7346
GBP
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1p ordinary
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SWAP
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Opening
Short
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157,620
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2.5496
GBP
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1p ordinary
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SWAP
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Opening
Short
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165,784
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2.5340
GBP
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1p ordinary
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SWAP
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Opening
Short
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223,336
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2.5214
GBP
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1p ordinary
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SWAP
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Opening
Short
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375,135
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2.5682
GBP
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1p ordinary
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SWAP
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Opening
Short
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514,235
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2.5248
GBP
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1p ordinary
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SWAP
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Opening
Short
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666,368
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2.7600
GBP
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1p ordinary
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SWAP
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Opening
Short
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734,088
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2.6004
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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18 Apr 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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