Form 8.3 - International Distribution Services plc

Societe Generale SA

24 June 2024

 

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Full name of discloser:	SOCIETE GENERALE SA
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	International Distribution Services plc
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken:      For an opening position disclosure, state the latest practicable date prior to the disclosure	21/06/2024
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	N/A

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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:	15,016,582	1.57	76,756	0.01
(2)  Cash-settled derivatives:	10,910	0.00	46,867	0.00
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	15,027,492	1.57	123,623	0.01

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)        Rights to subscribe for new securities (including directors' and other employee 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 PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit GBP
1p ordinary	Purchase	629	3.19
1p ordinary	Purchase	5,221	3.19
1p ordinary	Purchase	6,667	3.19
1p ordinary	Purchase	16,574	3.19
1p ordinary	Purchase	30,785	3.19
1p ordinary	Purchase	36	3.162
1p ordinary	Purchase	95	3.186
1p ordinary	Purchase	708	3.192
1p ordinary	Purchase	1,022	3.186
1p ordinary	Purchase	5,850	3.19
1p ordinary	Purchase	1	3.166
1p ordinary	Purchase	3	3.174
1p ordinary	Purchase	4	3.172
1p ordinary	Purchase	5	3.17
1p ordinary	Purchase	5	3.176
1p ordinary	Purchase	5	3.186
1p ordinary	Purchase	7	3.18
1p ordinary	Purchase	10	3.168
1p ordinary	Purchase	10	3.168
1p ordinary	Purchase	11	3.172
1p ordinary	Purchase	12	3.166
1p ordinary	Purchase	13	3.17
1p ordinary	Purchase	14	3.168
1p ordinary	Purchase	17	3.168
1p ordinary	Purchase	19	3.162
1p ordinary	Purchase	19	3.166
1p ordinary	Purchase	19	3.166
1p ordinary	Purchase	19	3.166
1p ordinary	Purchase	19	3.172
1p ordinary	Purchase	20	3.166
1p ordinary	Purchase	20	3.17
1p ordinary	Purchase	20	3.17
1p ordinary	Purchase	20	3.172
1p ordinary	Purchase	20	3.176
1p ordinary	Purchase	21	3.166
1p ordinary	Purchase	21	3.17
1p ordinary	Purchase	21	3.172
1p ordinary	Purchase	21	3.176
1p ordinary	Purchase	22	3.166
1p ordinary	Purchase	22	3.166
1p ordinary	Purchase	22	3.168
1p ordinary	Purchase	22	3.172
1p ordinary	Purchase	23	3.172
1p ordinary	Purchase	23	3.174
1p ordinary	Purchase	24	3.172
1p ordinary	Purchase	24	3.174
1p ordinary	Purchase	25	3.172
1p ordinary	Purchase	25	3.174
1p ordinary	Purchase	26	3.166
1p ordinary	Purchase	26	3.166
1p ordinary	Purchase	26	3.174
1p ordinary	Purchase	26	3.176
1p ordinary	Purchase	27	3.17
1p ordinary	Purchase	28	3.174
1p ordinary	Purchase	29	3.172
1p ordinary	Purchase	30	3.166
1p ordinary	Purchase	30	3.17
1p ordinary	Purchase	30	3.174
1p ordinary	Purchase	30	3.174
1p ordinary	Purchase	31	3.17
1p ordinary	Purchase	31	3.17
1p ordinary	Purchase	31	3.174
1p ordinary	Purchase	32	3.166
1p ordinary	Purchase	32	3.168
1p ordinary	Purchase	32	3.172
1p ordinary	Purchase	33	3.172
1p ordinary	Purchase	35	3.17
1p ordinary	Purchase	36	3.17
1p ordinary	Purchase	36	3.172
1p ordinary	Purchase	36	3.174
1p ordinary	Purchase	37	3.166
1p ordinary	Purchase	37	3.168
1p ordinary	Purchase	37	3.172
1p ordinary	Purchase	39	3.17
1p ordinary	Purchase	39	3.176
1p ordinary	Purchase	40	3.17
1p ordinary	Purchase	41	3.17
1p ordinary	Purchase	42	3.174
1p ordinary	Purchase	49	3.178
1p ordinary	Purchase	57	3.172
1p ordinary	Purchase	75	3.168
1p ordinary	Purchase	75	3.174
1p ordinary	Purchase	76	3.172
1p ordinary	Purchase	79	3.174
1p ordinary	Purchase	91	3.186
1p ordinary	Purchase	92	3.168
1p ordinary	Purchase	92	3.168
1p ordinary	Purchase	94	3.176
1p ordinary	Purchase	98	3.168
1p ordinary	Purchase	98	3.17
1p ordinary	Purchase	98	3.174
1p ordinary	Purchase	98	3.176
1p ordinary	Purchase	102	3.168
1p ordinary	Purchase	102	3.176
1p ordinary	Purchase	108	3.168
1p ordinary	Purchase	111	3.166
1p ordinary	Purchase	111	3.174
1p ordinary	Purchase	113	3.17
1p ordinary	Purchase	115	3.174
1p ordinary	Purchase	120	3.172
1p ordinary	Purchase	124	3.168
1p ordinary	Purchase	124	3.172
1p ordinary	Purchase	125	3.168
1p ordinary	Purchase	125	3.172
1p ordinary	Purchase	128	3.166
1p ordinary	Purchase	140	3.166
1p ordinary	Purchase	141	3.172
1p ordinary	Purchase	142	3.172
1p ordinary	Purchase	151	3.178
1p ordinary	Purchase	152	3.17
1p ordinary	Purchase	158	3.174
1p ordinary	Purchase	158	3.174
1p ordinary	Purchase	163	3.176
1p ordinary	Purchase	164	3.168
1p ordinary	Purchase	165	3.17
1p ordinary	Purchase	167	3.166
1p ordinary	Purchase	167	3.17
1p ordinary	Purchase	170	3.174
1p ordinary	Purchase	174	3.174
1p ordinary	Purchase	179	3.172
1p ordinary	Purchase	180	3.172
1p ordinary	Purchase	181	3.162
1p ordinary	Purchase	181	3.168
1p ordinary	Purchase	193	3.18
1p ordinary	Purchase	200	3.162
1p ordinary	Purchase	200	3.164
1p ordinary	Purchase	200	3.164
1p ordinary	Purchase	200	3.164
1p ordinary	Purchase	200	3.166
1p ordinary	Purchase	200	3.166
1p ordinary	Purchase	200	3.166
1p ordinary	Purchase	200	3.166
1p ordinary	Purchase	200	3.166
1p ordinary	Purchase	200	3.166
1p ordinary	Purchase	200	3.166
1p ordinary	Purchase	200	3.168
1p ordinary	Purchase	200	3.168
1p ordinary	Purchase	200	3.168
1p ordinary	Purchase	200	3.168
1p ordinary	Purchase	200	3.168
1p ordinary	Purchase	200	3.17
1p ordinary	Purchase	200	3.17
1p ordinary	Purchase	200	3.17
1p ordinary	Purchase	200	3.17
1p ordinary	Purchase	200	3.17
1p ordinary	Purchase	200	3.17
1p ordinary	Purchase	200	3.17
1p ordinary	Purchase	200	3.17
1p ordinary	Purchase	200	3.17
1p ordinary	Purchase	200	3.17
1p ordinary	Purchase	200	3.17
1p ordinary	Purchase	200	3.17
1p ordinary	Purchase	200	3.172
1p ordinary	Purchase	200	3.172
1p ordinary	Purchase	200	3.172
1p ordinary	Purchase	200	3.172
1p ordinary	Purchase	200	3.172
1p ordinary	Purchase	200	3.172
1p ordinary	Purchase	200	3.172
1p ordinary	Purchase	200	3.174
1p ordinary	Purchase	200	3.174
1p ordinary	Purchase	200	3.174
1p ordinary	Purchase	200	3.174
1p ordinary	Purchase	200	3.174
1p ordinary	Purchase	200	3.174
1p ordinary	Purchase	200	3.174
1p ordinary	Purchase	200	3.176
1p ordinary	Purchase	200	3.176
1p ordinary	Purchase	200	3.176
1p ordinary	Purchase	200	3.176
1p ordinary	Purchase	200	3.176
1p ordinary	Purchase	200	3.18
1p ordinary	Purchase	236	3.168
1p ordinary	Purchase	257	3.172
1p ordinary	Purchase	262	3.168
1p ordinary	Purchase	280	3.172
1p ordinary	Purchase	370	3.17
1p ordinary	Purchase	380	3.168
1p ordinary	Purchase	395	3.176
1p ordinary	Purchase	399	3.174
1p ordinary	Purchase	399	3.176
1p ordinary	Purchase	400	3.164
1p ordinary	Purchase	400	3.166
1p ordinary	Purchase	400	3.166
1p ordinary	Purchase	400	3.168
1p ordinary	Purchase	400	3.168
1p ordinary	Purchase	400	3.168
1p ordinary	Purchase	400	3.168
1p ordinary	Purchase	400	3.168
1p ordinary	Purchase	400	3.168
1p ordinary	Purchase	400	3.17
1p ordinary	Purchase	400	3.17
1p ordinary	Purchase	400	3.17
1p ordinary	Purchase	400	3.17
1p ordinary	Purchase	400	3.172
1p ordinary	Purchase	400	3.172
1p ordinary	Purchase	400	3.172
1p ordinary	Purchase	400	3.172
1p ordinary	Purchase	400	3.174
1p ordinary	Purchase	400	3.174
1p ordinary	Purchase	400	3.174
1p ordinary	Purchase	400	3.174
1p ordinary	Purchase	400	3.174
1p ordinary	Purchase	400	3.174
1p ordinary	Purchase	400	3.174
1p ordinary	Purchase	400	3.174
1p ordinary	Purchase	400	3.176
1p ordinary	Purchase	400	3.176
1p ordinary	Purchase	400	3.176
1p ordinary	Purchase	400	3.176
1p ordinary	Purchase	400	3.178
1p ordinary	Purchase	400	3.178
1p ordinary	Purchase	400	3.18
1p ordinary	Purchase	13,197	3.1424
1p ordinary	Sale	5,850	3.19
1p ordinary	Sale	127	3.198
1p ordinary	Sale	241	3.198
1p ordinary	Sale	433	3.186
1p ordinary	Sale	614	3.19
1p ordinary	Sale	616	3.198
1p ordinary	Sale	616	3.198
1p ordinary	Sale	616	3.198
1p ordinary	Sale	616	3.198
1p ordinary	Sale	616	3.198
1p ordinary	Sale	1,072	3.198
1p ordinary	Sale	1,244	3.19
1p ordinary	Sale	1,332	3.192
1p ordinary	Sale	452	3.186
1p ordinary	Sale	468	3.198
1p ordinary	Sale	601	3.198
1p ordinary	Sale	711	3.18
1p ordinary	Sale	863	3.2
1p ordinary	Sale	989	3.186
1p ordinary	Sale	1,032	3.198
1p ordinary	Sale	1,053	3.186
1p ordinary	Sale	1,053	3.196
1p ordinary	Sale	1,054	3.186
1p ordinary	Sale	1,054	3.198
1p ordinary	Sale	1,162	3.2
1p ordinary	Sale	1,329	3.182
1p ordinary	Sale	380	3.19
1p ordinary	Sale	1,050	3.184
1p ordinary	Sale	4,073	3.184
1p ordinary	Sale	7,342	3.184
1p ordinary	Sale	13,288	3.184

(b)        Cash-settled derivative transactions

Class of relevant security

Product description e.g. CFD

Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit GBP

(c)        Stock-settled derivative transactions (including options)

(i)         Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii)        Exercise

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing e.g. subscription, conversion

Details

Price per unit (if applicable)

4.         OTHER INFORMATION

(a)        Indemnity and other dealing 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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

None

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person 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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

None

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	24/06/2024
Contact name:	Paul Jenkins
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END