FORM 8.5
(EPT/NON-RI)
|
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
|
(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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18 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
|
|
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
|
Short
Positions
|
Number
|
(%)
|
Number
|
(%)
|
(1)
Relevant securities owned and/or controlled:
|
11,478,062
|
1.20%
|
5,643,917
|
0.59%
|
(2)
Cash-settled derivatives:
|
2,803,493
|
0.29%
|
10,844,984
|
1.13%
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
TOTAL:
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14,281,555
|
1.49%
|
16,488,901
|
1.72%
|
|
|
|
|
|
|
|
|
(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:
|
|
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
|
Highest price per unit
paid/received
|
Lowest price per unit
paid/received
|
1p ordinary
|
Sale
|
2336235
|
2.8534
GBP
|
2.6090
GBP
|
1p ordinary
|
Purchase
|
1046158
|
2.8241
GBP
|
2.6135
GBP
|
|
|
|
|
|
|
|
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(b)
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Cash-settled derivative transactions
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Class of
relevant
security
|
Product
description
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Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
1p ordinary
|
CFD
|
Closing
Short
|
2,837
|
2.6909
GBP
|
1p ordinary
|
CFD
|
Closing
Short
|
91,413
|
2.7018
GBP
|
1p ordinary
|
CFD
|
Closing
Short
|
213,470
|
2.7540
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Long
|
10,970
|
2.6704
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Long
|
15,104
|
2.7290
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Long
|
20,190
|
2.6965
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Long
|
26,349
|
2.6135
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Long
|
49,800
|
2.6726
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Long
|
52,606
|
2.6696
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
812
|
2.7049
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
3,605
|
2.6952
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
5,630
|
2.7160
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
6,552
|
2.6964
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
6,629
|
2.6720
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
8,529
|
2.6985
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
11,800
|
2.6968
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
34,045
|
2.7288
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
34,700
|
2.7455
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
35,000
|
2.7163
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
35,750
|
2.6382
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
37,532
|
2.6784
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
37,918
|
2.6922
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
47,306
|
2.6885
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
58,642
|
2.7146
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
91,704
|
2.6854
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
195,346
|
2.6819
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
268,461
|
2.6998
GBP
|
1p ordinary
|
SWAP
|
Decreasing
Short
|
548,793
|
2.7540
GBP
|
1p ordinary
|
SWAP
|
Increasing
Long
|
1,812
|
2.6090
GBP
|
1p ordinary
|
SWAP
|
Increasing
Long
|
3,305
|
2.6784
GBP
|
1p ordinary
|
SWAP
|
Increasing
Long
|
3,826
|
2.6510
GBP
|
1p ordinary
|
SWAP
|
Increasing
Long
|
7,312
|
2.7003
GBP
|
1p ordinary
|
SWAP
|
Increasing
Long
|
8,356
|
2.6849
GBP
|
1p ordinary
|
SWAP
|
Increasing
Long
|
25,110
|
2.6452
GBP
|
1p ordinary
|
SWAP
|
Increasing
Long
|
35,737
|
2.6455
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
272
|
2.6295
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
1,125
|
2.7129
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
1,261
|
2.7280
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
2,242
|
2.6816
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
3,236
|
2.7295
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
4,826
|
2.6690
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
5,250
|
2.6289
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
9,383
|
2.6438
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
31,505
|
2.7286
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
49,113
|
2.6572
GBP
|
1p ordinary
|
SWAP
|
Increasing
Short
|
230,576
|
2.7540
GBP
|
1p ordinary
|
CFD
|
Opening
Long
|
308
|
2.7039
GBP
|
1p ordinary
|
CFD
|
Opening
Long
|
4,768
|
2.6878
GBP
|
1p ordinary
|
CFD
|
Opening
Long
|
6,562
|
2.6894
GBP
|
1p ordinary
|
CFD
|
Opening
Long
|
13,290
|
2.7083
GBP
|
1p ordinary
|
CFD
|
Opening
Long
|
49,690
|
2.6260
GBP
|
1p ordinary
|
CFD
|
Opening
Long
|
76,468
|
2.6938
GBP
|
1p ordinary
|
CFD
|
Opening
Long
|
478,274
|
2.6259
GBP
|
1p ordinary
|
SWAP
|
Opening
Short
|
5,024
|
2.7270
GBP
|
1p ordinary
|
SWAP
|
Opening
Short
|
6,108
|
2.7540
GBP
|
1p ordinary
|
SWAP
|
Opening
Short
|
48,029
|
2.7232
GBP
|
|
|
|
|
|
|
|
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(c)
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Stock-settled derivative transactions (including
options)
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(i)
|
Writing, selling, purchasing or varying
|
Class
of
relevant
security
|
Product
description
|
Writing,
purchasing,
selling,
varying etc
|
Number
of
securities
to which
option
relates
|
Exercise
price
per unit
|
Type
|
Expiry
date
|
Option
money
paid/
received
per unit
|
|
|
|
|
|
|
|
|
|
|
|
|
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(ii)
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Exercising
|
|
|
|
|
|
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Class of relevant
security
|
Product
description
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Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Other dealings (including subscribing for new
securities)
|
Class of relevant
security
|
Nature of
Dealings
|
Details
|
Price per unit (if
applicable)
|
|
|
|
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4.
|
OTHER INFORMATION
|
(a)
|
Indemnity and other dealings arrangements
|
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:
|
NONE
|
(b)
|
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:
|
NONE
|
(c)
|
Attachments
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
19 Apr 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
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