FORM 8.5 (EPT/NON-RI) |
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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. |
KEY INFORMATION |
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(a) |
Name of exempt principal trader: |
BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose |
INTERNATIONAL DISTRIBUTIONS SERVICES PLC |
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(c) |
Name of the party to the offer with which exempt |
INTERNATIONAL DISTRIBUTIONS SERVICES PLC |
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(d) |
Date position held/dealing undertaken: |
15 May 2024 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal |
NO |
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2. |
POSITIONS OF THE EXEMPT PRINCIPAL TRADER |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing (if any) |
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Class of relevant security: |
1p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) Relevant securities owned and/or controlled: |
9,414,684 |
0.98% |
5,483,206 |
0.57% |
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(2) Cash-settled derivatives: |
3,252,743 |
0.34% |
8,622,977 |
0.90% |
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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12,667,427 |
1.32% |
14,106,183 |
1.47% |
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(b) |
Rights to subscribe for new securities (including directors and other executive options) |
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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 |
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(a) |
Purchase and sales |
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Class of relevant |
Purchase/sale |
Total number of |
Highest price per unit |
Lowest price per unit |
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1p ordinary |
Sale |
5117997 |
3.2920 GBP |
2.7360 GBP |
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1p ordinary |
Purchase |
2113882 |
3.2820 GBP |
2.7420 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product description |
Nature of dealing |
Number of |
Price per |
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1p ordinary |
SWAP |
Closing Long |
100 |
2.8019 GBP |
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1p ordinary |
SWAP |
Closing Long |
119 |
3.1764 GBP |
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1p ordinary |
SWAP |
Closing Long |
1,144 |
3.1480 GBP |
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1p ordinary |
SWAP |
Closing Long |
4,478 |
3.1514 GBP |
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1p ordinary |
SWAP |
Closing Long |
10,053 |
2.9947 GBP |
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1p ordinary |
SWAP |
Closing Long |
74,574 |
3.1483 GBP |
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1p ordinary |
SWAP |
Closing Short |
354,148 |
2.7845 GBP |
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1p ordinary |
SWAP |
Closing Short |
969,246 |
3.2671 GBP |
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1p ordinary |
SWAP |
Closing Short |
1,026,740 |
3.2578 GBP |
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1p ordinary |
CFD |
Decreasing Long |
109 |
2.7500 GBP |
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1p ordinary |
CFD |
Decreasing Long |
1,335 |
3.1480 GBP |
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1p ordinary |
CFD |
Decreasing Long |
2,300 |
3.2133 GBP |
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1p ordinary |
CFD |
Decreasing Long |
2,416 |
3.2086 GBP |
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1p ordinary |
CFD |
Decreasing Long |
6,166 |
3.2066 GBP |
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1p ordinary |
CFD |
Decreasing Long |
9,713 |
3.0223 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
117 |
3.1477 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
140 |
2.7839 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
291 |
2.7839 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
537 |
2.7360 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
838 |
2.9069 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
1,598 |
2.8705 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
1,939 |
2.9491 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
2,297 |
2.9079 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
3,283 |
3.1952 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
3,962 |
2.9494 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
6,565 |
3.1824 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
7,523 |
3.0901 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
9,756 |
3.3500 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
12,920 |
2.8574 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
29,761 |
3.2202 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
48,418 |
3.1682 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
71,623 |
3.1846 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
75,071 |
3.1748 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
84,964 |
3.1479 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
219,664 |
3.1692 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
373,087 |
3.1994 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
430,119 |
3.1771 GBP |
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1p ordinary |
CFD |
Increasing Long |
198 |
3.2697 GBP |
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1p ordinary |
CFD |
Increasing Long |
1,652 |
3.2529 GBP |
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1p ordinary |
CFD |
Increasing Long |
6,668 |
2.7921 GBP |
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1p ordinary |
CFD |
Increasing Long |
12,127 |
3.2376 GBP |
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1p ordinary |
CFD |
Increasing Long |
157,137 |
3.1480 GBP |
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1p ordinary |
SWAP |
Increasing Short |
481 |
3.2400 GBP |
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1p ordinary |
SWAP |
Increasing Short |
1,092 |
2.7814 GBP |
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1p ordinary |
SWAP |
Increasing Short |
7,272 |
3.1461 GBP |
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1p ordinary |
SWAP |
Increasing Short |
15,567 |
2.9485 GBP |
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1p ordinary |
SWAP |
Increasing Short |
17,839 |
3.1625 GBP |
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1p ordinary |
SWAP |
Increasing Short |
31,437 |
3.0802 GBP |
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1p ordinary |
SWAP |
Increasing Short |
43,579 |
3.1516 GBP |
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1p ordinary |
SWAP |
Increasing Short |
48,941 |
3.0910 GBP |
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1p ordinary |
SWAP |
Increasing Short |
112,010 |
3.2097 GBP |
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1p ordinary |
SWAP |
Increasing Short |
278,702 |
3.1480 GBP |
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1p ordinary |
SWAP |
Increasing Short |
327,831 |
3.1480 GBP |
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1p ordinary |
SWAP |
Opening Long |
1 |
3.1500 GBP |
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1p ordinary |
SWAP |
Opening Long |
159,469 |
3.1976 GBP |
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1p ordinary |
SWAP |
Opening Short |
75,290 |
3.1637 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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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) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
16 May 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |