Form 8.5 (EPT/NON-RI) - International Dist Svs plc

Barclays PLC
28 June 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 DISTRIBUTION SERVICES PLC

(c)

Name of the party to the offer with which exempt

 principal trader is connected

INTERNATIONAL DISTRIBUTION SERVICES PLC

(d)

Date position held/dealing undertaken:

27 Jun 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:

16,972,041

1.77%

1,922,850

0.20%

(2) Cash-settled derivatives:

2,091,292

0.22%

16,724,752

1.75%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

19,063,333

1.99%

18,647,602

1.95%

 








(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

Purchase

764951

3.2220  GBP

3.1540  GBP

1p ordinary

Sale

775052

3.2221  GBP

3.1510  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

9,325

3.1665  GBP

1p ordinary

SWAP

Decreasing Long

82,386

3.1600  GBP

1p ordinary

SWAP

Decreasing Long

175,919

3.1587  GBP

1p ordinary

SWAP

Decreasing Short

25

3.1722  GBP

1p ordinary

SWAP

Decreasing Short

306

3.1831  GBP

1p ordinary

SWAP

Decreasing Short

904

3.1735  GBP

1p ordinary

SWAP

Decreasing Short

1,810

3.1780  GBP

1p ordinary

SWAP

Decreasing Short

2,145

3.2204  GBP

1p ordinary

SWAP

Decreasing Short

2,178

3.1722  GBP

1p ordinary

SWAP

Decreasing Short

2,546

3.2003  GBP

1p ordinary

SWAP

Decreasing Short

2,645

3.2182  GBP

1p ordinary

SWAP

Decreasing Short

12,348

3.1581  GBP

1p ordinary

SWAP

Decreasing Short

16,775

3.1691  GBP

1p ordinary

SWAP

Decreasing Short

17,858

3.1683  GBP

1p ordinary

CFD

Decreasing Short

20,054

3.1957  GBP

1p ordinary

CFD

Decreasing Short

21,075

3.2220  GBP

1p ordinary

CFD

Decreasing Short

22,524

3.2217  GBP

1p ordinary

SWAP

Decreasing Short

23,503

3.1741  GBP

1p ordinary

SWAP

Decreasing Short

23,559

3.1811  GBP

1p ordinary

SWAP

Decreasing Short

33,671

3.2022  GBP

1p ordinary

CFD

Decreasing Short

61,491

3.2219  GBP

1p ordinary

SWAP

Decreasing Short

64,742

3.1806  GBP

1p ordinary

SWAP

Decreasing Short

119,889

3.2220  GBP

1p ordinary

SWAP

Increasing Short

175

3.1740  GBP

1p ordinary

SWAP

Increasing Short

800

3.1707  GBP

1p ordinary

CFD

Increasing Short

875

3.1947  GBP

1p ordinary

SWAP

Increasing Short

964

3.1540  GBP

1p ordinary

SWAP

Increasing Short

974

3.1780  GBP

1p ordinary

SWAP

Increasing Short

1,213

3.1600  GBP

1p ordinary

SWAP

Increasing Short

1,926

3.1945  GBP

1p ordinary

SWAP

Increasing Short

9,222

3.1765  GBP

1p ordinary

CFD

Increasing Short

10,494

3.1693  GBP

1p ordinary

SWAP

Increasing Short

11,092

3.1686  GBP

1p ordinary

SWAP

Increasing Short

134,582

3.2220  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:

28 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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