FORM 8.5 (EPT/NON-RI) | |||||||
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN | |||||||
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS | |||||||
(OR WHERE RI STATUS IS NOT APPLICABLE) | |||||||
Rule 8.5 of the Takeover Code (the "Code") | |||||||
1. | KEY INFORMATION | ||||||
(a) | Name of exempt principal trader: | BARCLAYS CAPITAL SECURITIES LTD | |||||
(b) | Name of offeror/offeree in relation to whose | INTERNATIONAL DISTRIBUTIONS SERVICES PLC | |||||
(c) | Name of the party to the offer with which exempt | INTERNATIONAL DISTRIBUTIONS SERVICES PLC | |||||
(d) | Date position held/dealing undertaken: | 25 Apr 2024 | |||||
(e) | In addition to the company in 1(b) above, is the exempt principal | NO | |||||
2. | POSITIONS OF THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree | ||||||
| to which the disclosure relates following the dealing (if any) | ||||||
Class of relevant security: | 1p ordinary | ||||||
| Interests | Short Positions | |||||
Number | (%) | Number | (%) | ||||
(1) Relevant securities owned and/or controlled: | 11,851,950 | 1.24% | 5,147,272 | 0.54% | |||
(2) Cash-settled derivatives: | 2,351,313 | 0.25% | 11,176,695 | 1.17% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
| 14,203,263 | 1.48% | 16,323,967 | 1.70% | |||
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(b) | Rights to subscribe for new securities (including directors and other executive options) | ||||||
Class of relevant security in relation to |
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Details, including nature of the rights |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchase and sales |
| | | | | |
Class of relevant | Purchase/sale | Total number of | Highest price per unit | Lowest price per unit | |||
1p ordinary | Sale | 218489 | 2.8182 GBP | 2.7384 GBP | |||
1p ordinary | Purchase | 476988 | 2.8036 GBP | 2.7400 GBP | |||
| | | | | | | |
(b) | Cash-settled derivative transactions | ||||||
Class of | Product description | Nature of dealing | Number of | Price per | |||
1p ordinary | SWAP | Closing Long | 170 | 2.7633 GBP | |||
1p ordinary | SWAP | Closing Long | 989 | 2.7588 GBP | |||
1p ordinary | SWAP | Closing Long | 2,453 | 2.7596 GBP | |||
1p ordinary | SWAP | Closing Long | 2,528 | 2.7928 GBP | |||
1p ordinary | SWAP | Closing Long | 3,375 | 2.8036 GBP | |||
1p ordinary | SWAP | Closing Long | 5,213 | 2.7689 GBP | |||
1p ordinary | SWAP | Closing Long | 6,589 | 2.7843 GBP | |||
1p ordinary | SWAP | Closing Long | 8,342 | 2.7643 GBP | |||
1p ordinary | SWAP | Closing Long | 11,674 | 2.7850 GBP | |||
1p ordinary | SWAP | Closing Long | 29,425 | 2.7529 GBP | |||
1p ordinary | SWAP | Closing Long | 48,515 | 2.7400 GBP | |||
1p ordinary | CFD | Decreasing Long | 400 | 2.7372 GBP | |||
1p ordinary | CFD | Decreasing Long | 1,346 | 2.7400 GBP | |||
1p ordinary | SWAP | Decreasing Short | 15 | 2.7820 GBP | |||
1p ordinary | SWAP | Decreasing Short | 100 | 2.7999 GBP | |||
1p ordinary | SWAP | Decreasing Short | 779 | 2.7593 GBP | |||
1p ordinary | SWAP | Decreasing Short | 982 | 2.7822 GBP | |||
1p ordinary | SWAP | Decreasing Short | 1,021 | 2.7385 GBP | |||
1p ordinary | SWAP | Decreasing Short | 1,842 | 2.7838 GBP | |||
1p ordinary | SWAP | Decreasing Short | 2,323 | 2.7443 GBP | |||
1p ordinary | SWAP | Decreasing Short | 6,361 | 2.7662 GBP | |||
1p ordinary | SWAP | Decreasing Short | 63,452 | 2.7399 GBP | |||
1p ordinary | CFD | Increasing Long | 480 | 2.7537 GBP | |||
1p ordinary | CFD | Increasing Long | 2,395 | 2.7680 GBP | |||
1p ordinary | CFD | Increasing Long | 4,319 | 2.8046 GBP | |||
1p ordinary | CFD | Increasing Long | 14,214 | 2.7400 GBP | |||
1p ordinary | SWAP | Increasing Short | 300 | 2.7806 GBP | |||
1p ordinary | SWAP | Increasing Short | 1,274 | 2.7814 GBP | |||
1p ordinary | SWAP | Increasing Short | 6,324 | 2.7487 GBP | |||
1p ordinary | SWAP | Increasing Short | 18,466 | 2.7755 GBP | |||
1p ordinary | SWAP | Increasing Short | 30,805 | 2.7613 GBP | |||
1p ordinary | SWAP | Increasing Short | 39,301 | 2.7773 GBP | |||
1p ordinary | SWAP | Increasing Short | 57,689 | 2.7874 GBP | |||
1p ordinary | SWAP | Increasing Short | 140,302 | 2.7400 GBP | |||
1p ordinary | SWAP | Opening Long | 1 | 2.7600 GBP | |||
1p ordinary | SWAP | Opening Long | 2,279 | 2.7398 GBP | |||
| | | | | | | |
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
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(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
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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, | |||||||
NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives | ||||||
Details of any agreement, arrangement or understanding, formal or informal, between | |||||||
NONE | |||||||
(c) | Attachments | ||||||
Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 26 Apr 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |
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