Form 8.5 (EPT/NON-RI)INTERNATIONAL DISTRI SERV PLC

Barclays PLC

15 May 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:			14 May 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:				12,208,276	1.27%	5,272,624	0.55%
(2) Cash-settled derivatives:				3,028,044	0.32%	11,400,077	1.19%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,236,320	1.59%	16,672,701	1.74%
(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	561815	2.8582  GBP	2.7137  GBP
1p ordinary	Purchase	841829	2.8580  GBP	2.7138  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
1p ordinary	CFD	Decreasing Long	220	2.7101  GBP
1p ordinary	CFD	Decreasing Long	380	2.7189  GBP
1p ordinary	CFD	Decreasing Long	6,940	2.7653  GBP
1p ordinary	CFD	Decreasing Long	7,921	2.7430  GBP
1p ordinary	CFD	Decreasing Long	32,712	2.7140  GBP
1p ordinary	SWAP	Decreasing Short	7	2.8800  GBP
1p ordinary	SWAP	Decreasing Short	404	2.7137  GBP
1p ordinary	SWAP	Decreasing Short	729	2.7833  GBP
1p ordinary	SWAP	Decreasing Short	856	2.7978  GBP
1p ordinary	SWAP	Decreasing Short	1,493	2.7552  GBP
1p ordinary	SWAP	Decreasing Short	2,092	2.7917  GBP
1p ordinary	SWAP	Decreasing Short	2,943	2.7776  GBP
1p ordinary	SWAP	Decreasing Short	5,632	2.8099  GBP
1p ordinary	SWAP	Decreasing Short	10,675	2.7951  GBP
1p ordinary	SWAP	Decreasing Short	30,076	2.7463  GBP
1p ordinary	SWAP	Decreasing Short	146,424	2.8024  GBP
1p ordinary	SWAP	Increasing Long	1,255	2.7219  GBP
1p ordinary	CFD	Increasing Long	32,712	2.7140  GBP
1p ordinary	SWAP	Increasing Short	100	2.7880  GBP
1p ordinary	SWAP	Increasing Short	703	2.8010  GBP
1p ordinary	SWAP	Increasing Short	912	2.8074  GBP
1p ordinary	SWAP	Increasing Short	3,572	2.7900  GBP
1p ordinary	SWAP	Increasing Short	3,988	2.7299  GBP
1p ordinary	SWAP	Increasing Short	7,787	2.7558  GBP
1p ordinary	SWAP	Increasing Short	8,803	2.7345  GBP
1p ordinary	SWAP	Increasing Short	18,073	2.7814  GBP
1p ordinary	SWAP	Increasing Short	18,103	2.7931  GBP
1p ordinary	SWAP	Increasing Short	25,302	2.7889  GBP
1p ordinary	SWAP	Increasing Short	25,384	2.7666  GBP
1p ordinary	SWAP	Increasing Short	29,770	2.7734  GBP
1p ordinary	SWAP	Increasing Short	35,081	2.7765  GBP
1p ordinary	SWAP	Increasing Short	278,748	2.7140  GBP
1p ordinary	SWAP	Opening Short	10,813	2.7630  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:				15 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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