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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22 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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11,504,932
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1.20%
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5,283,224
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0.55%
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(2)
Cash-settled derivatives:
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2,489,089
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0.26%
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10,893,217
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1.14%
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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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13,994,021
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1.46%
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16,176,441
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1.69%
|
|
|
|
|
|
|
|
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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
|
1055142
|
2.8780
GBP
|
2.7538
GBP
|
1p ordinary
|
Purchase
|
1126250
|
2.8780
GBP
|
2.7538
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
|
1p ordinary
|
CFD
|
Closing
Long
|
3,131
|
2.7540
GBP
|
1p ordinary
|
CFD
|
Closing
Long
|
5,980
|
2.7929
GBP
|
1p ordinary
|
CFD
|
Closing
Long
|
6,056
|
2.7920
GBP
|
1p ordinary
|
SWAP
|
Closing
Long
|
12,376
|
2.7540
GBP
|
1p ordinary
|
CFD
|
Closing
Long
|
12,838
|
2.7876
GBP
|
1p ordinary
|
SWAP
|
Closing
Long
|
15,461
|
2.7796
GBP
|
1p ordinary
|
SWAP
|
Closing
Long
|
27,600
|
2.8028
GBP
|
1p ordinary
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CFD
|
Closing
Long
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58,437
|
2.7542
GBP
|
1p ordinary
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SWAP
|
Closing
Short
|
83
|
2.7500
GBP
|
1p ordinary
|
SWAP
|
Closing
Short
|
198
|
2.7800
GBP
|
1p ordinary
|
SWAP
|
Closing
Short
|
579
|
2.7920
GBP
|
1p ordinary
|
SWAP
|
Closing
Short
|
12,610
|
2.8408
GBP
|
1p ordinary
|
SWAP
|
Closing
Short
|
33,907
|
2.7540
GBP
|
1p ordinary
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SWAP
|
Decreasing
Long
|
1,368
|
2.7780
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Long
|
1,640
|
2.7906
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Long
|
8,261
|
2.8354
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Long
|
9,564
|
2.8070
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Long
|
11,542
|
2.7922
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Long
|
42,683
|
2.7540
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Long
|
44,077
|
2.8244
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
259
|
2.8079
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
1,055
|
2.8363
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
1,107
|
2.8011
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
1,758
|
2.7999
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
2,101
|
2.8051
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
19,779
|
2.8398
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
78,040
|
2.7797
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
31
|
2.7818
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
585
|
2.8177
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
2,213
|
2.7722
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
5,029
|
2.7773
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
7,128
|
2.7740
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
15,671
|
2.8566
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
121,420
|
2.7540
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
|
1
|
2.7800
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
|
671
|
2.7876
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
|
830
|
2.7765
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
|
852
|
2.8234
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
|
1,155
|
2.7892
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
|
10,739
|
2.7860
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
|
19,128
|
2.8034
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
|
23,300
|
2.8285
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
|
29,779
|
2.8357
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
|
43,452
|
2.7694
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
|
53,816
|
2.8364
GBP
|
1p ordinary
|
CFD
|
Opening
Short
|
1,587
|
2.7542
GBP
|
1p ordinary
|
CFD
|
Opening
Short
|
1,667
|
2.7540
GBP
|
1p ordinary
|
CFD
|
Opening
Short
|
51,041
|
2.7539
GBP
|
1p ordinary
|
CFD
|
Opening
Short
|
61,568
|
2.7538
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
|
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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|
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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
|
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)
|
Attachments
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
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Date of disclosure:
|
23 Apr 2024
|
Contact name:
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Large Holdings Regulatory
Operations
|
Telephone number:
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020 3134
7213
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