1. Market & Company News

  2. Form 8.5(EPT/NON-RI)-International Distribut Serv

Source - LSE Regulatory
RNS Number : 0465M
Barclays PLC
25 April 2024
 

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

 relevant securities this form relates:

INTERNATIONAL DISTRIBUTIONS SERVICES PLC

(c)

Name of the party to the offer with which exempt

 principal trader is connected

INTERNATIONAL DISTRIBUTIONS SERVICES PLC

(d)

Date position held/dealing undertaken:

24 Apr 2024

(e)

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?

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:

11,635,047

1.21%

5,188,855

0.54%

(2) Cash-settled derivatives:

2,389,794

0.25%

10,959,109

1.14%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

14,024,841

1.46%

16,147,964

1.69%

 








(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to

 which subscription right exists

 

Details, including nature of the rights

 concerned and relevant percentages:

 

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchase and sales

 






Class of relevant

 security

Purchase/sale

Total number of

 securities

Highest price per unit

 paid/received

Lowest price per unit

 paid/received

1p ordinary

Sale

561960

2.8450  GBP

2.7799  GBP

1p ordinary

Purchase

759780

2.8420  GBP

2.7792  GBP

 








(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

1p ordinary

SWAP

Decreasing Long

651

2.7920  GBP

1p ordinary

SWAP

Decreasing Long

716

2.8262  GBP

1p ordinary

SWAP

Decreasing Long

6,370

2.8090  GBP

1p ordinary

SWAP

Decreasing Long

9,166

2.8092  GBP

1p ordinary

SWAP

Decreasing Long

11,098

2.8109  GBP

1p ordinary

SWAP

Decreasing Long

24,232

2.8115  GBP

1p ordinary

SWAP

Decreasing Long

28,012

2.8177  GBP

1p ordinary

SWAP

Decreasing Long

52,050

2.7800  GBP

1p ordinary

CFD

Decreasing Long

127,724

2.7800  GBP

1p ordinary

SWAP

Decreasing Short

1

2.8219  GBP

1p ordinary

SWAP

Decreasing Short

284

2.8160  GBP

1p ordinary

SWAP

Decreasing Short

625

2.8232  GBP

1p ordinary

SWAP

Decreasing Short

934

2.8215  GBP

1p ordinary

SWAP

Decreasing Short

1,178

2.8120  GBP

1p ordinary

SWAP

Decreasing Short

1,793

2.8218  GBP

1p ordinary

SWAP

Decreasing Short

2,508

2.8275  GBP

1p ordinary

SWAP

Decreasing Short

3,609

2.8310  GBP

1p ordinary

SWAP

Decreasing Short

4,516

2.7964  GBP

1p ordinary

SWAP

Decreasing Short

5,300

2.8003  GBP

1p ordinary

SWAP

Decreasing Short

21,415

2.8048  GBP

1p ordinary

SWAP

Decreasing Short

146,063

2.7799  GBP

1p ordinary

CFD

Increasing Long

2,594

2.8009  GBP

1p ordinary

CFD

Increasing Long

4,415

2.8196  GBP

1p ordinary

CFD

Increasing Long

138,025

2.7800  GBP

1p ordinary

SWAP

Increasing Short

100

2.8200  GBP

1p ordinary

SWAP

Increasing Short

400

2.8230  GBP

1p ordinary

SWAP

Increasing Short

467

2.8236  GBP

1p ordinary

SWAP

Increasing Short

1,006

2.8307  GBP

1p ordinary

SWAP

Increasing Short

3,818

2.8068  GBP

1p ordinary

SWAP

Increasing Short

10,884

2.8166  GBP

1p ordinary

SWAP

Increasing Short

10,997

2.8061  GBP

1p ordinary

SWAP

Increasing Short

16,458

2.8172  GBP

1p ordinary

SWAP

Increasing Short

38,691

2.7845  GBP

1p ordinary

SWAP

Increasing Short

94,652

2.7800  GBP

1p ordinary

SWAP

Increasing Short

94,916

2.7801  GBP

1p ordinary

SWAP

Opening Long

2,011

2.8164  GBP

1p ordinary

SWAP

Opening Long

13,165

2.8162  GBP

 








(c)

Stock-settled derivative transactions  (including options)

(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

 

 

 

 

 

 

 

 

 








(ii)

Exercising

 






Class of relevant

 security

Product description

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)

 

 

 

 

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:

25 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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END
 
 
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