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

Barclays PLC

26 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:			25 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:				11,851,950	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%
TOTAL:				14,203,263	1.48%	16,323,967	1.70%
(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	218489	2.8182  GBP	2.7384  GBP
1p ordinary	Purchase	476988	2.8036  GBP	2.7400  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	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  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:				26 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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