Form 8.3 - International Distribution Services plc

Societe Generale SA

02 August 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	01/08/2024
(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:	12,489,065	1.30	236,788	0.02
(2)  Cash-settled derivatives:	25,787	0.00	49,835	0.01
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	12,514,852	1.31	286,623	0.03

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		27	3.47
1p ordinary					Purchase		4	3.484
1p ordinary					Purchase		1,040	3.47
1p ordinary					Purchase		16,084	3.47
1p ordinary					Purchase		979	3.46
1p ordinary					Purchase		1,056	3.422
1p ordinary					Purchase		1,068	3.45
1p ordinary					Purchase		279	3.45
1p ordinary					Purchase		774	3.45
1p ordinary					Purchase		1,016	3.422
1p ordinary					Purchase		1,050	3.46
1p ordinary					Purchase		1,008	3.46
1p ordinary					Purchase		1,062	3.422
1p ordinary					Purchase		1,086	3.45
1p ordinary					Purchase		1,217	3.47
1p ordinary					Purchase		1,218	3.464
1p ordinary					Purchase		1,218	3.466
1p ordinary					Purchase		1,218	3.468
1p ordinary					Purchase		1,221	3.462
1p ordinary					Purchase		1,235	3.46
1p ordinary					Purchase		1,250	3.46
1p ordinary					Purchase		1,448	3.46
1p ordinary					Purchase		1,451	3.452
1p ordinary					Purchase		1,466	3.424
1p ordinary					Purchase		1,482	3.452
1p ordinary					Purchase		150	3.47
1p ordinary					Purchase		1,128	3.462
1p ordinary					Purchase		654	3.456
1p ordinary					Purchase		585	3.456
1p ordinary					Purchase		556	3.458
1p ordinary					Purchase		24	3.458
1p ordinary					Purchase		1,155	3.475
1p ordinary					Purchase		556	3.458
1p ordinary					Purchase		103	3.458
1p ordinary					Purchase		1,163	3.479
1p ordinary					Purchase		875	3.478
1p ordinary					Purchase		1,239	3.456
1p ordinary					Purchase		113	3.47
1p ordinary					Purchase		1,239	3.462
1p ordinary					Purchase		1,239	3.47
1p ordinary					Purchase		1,153	3.479
1p ordinary					Purchase		1,141	3.474
1p ordinary					Purchase		263	3.458
1p ordinary					Sale		26	3.416
1p ordinary					Sale		34	3.408
1p ordinary					Sale		41	3.41
1p ordinary					Sale		23	3.402
1p ordinary					Sale		13	3.416
1p ordinary					Sale		116	3.47
1p ordinary					Sale		529	3.47
1p ordinary					Sale		1,249	3.47
1p ordinary					Sale		4,810	3.47
1p ordinary					Sale		6,313	3.47
1p ordinary					Sale		6,580	3.47
1p ordinary					Sale		11,345	3.47
1p ordinary					Sale		18,237	3.47
1p ordinary					Sale		692	3.456
1p ordinary					Sale		781	3.456
1p ordinary					Sale		791	3.456
1p ordinary					Sale		1	3.456
1p ordinary					Sale		2	3.446
1p ordinary					Sale		3	3.456
1p ordinary					Sale		3	3.456
1p ordinary					Sale		4	3.412
1p ordinary					Sale		4	3.412
1p ordinary					Sale		8	3.456
1p ordinary					Sale		10	3.456
1p ordinary					Sale		19	3.412
1p ordinary					Sale		21	3.446
1p ordinary					Sale		61	3.478
1p ordinary					Sale		69	3.474
1p ordinary					Sale		132	3.456
1p ordinary					Sale		145	3.456
1p ordinary					Sale		146	3.446
1p ordinary					Sale		167	3.48
1p ordinary					Sale		170	3.456
1p ordinary					Sale		668	3.488
1p ordinary					Sale		737	3.476
1p ordinary					Sale		743	3.478
1p ordinary					Sale		786	3.476
1p ordinary					Sale		800	3.412
1p ordinary					Sale		954	3.478
1p ordinary					Sale		1,023	3.478
1p ordinary					Sale		1,031	3.478
1p ordinary					Sale		1,038	3.476
1p ordinary					Sale		1,119	3.476
1p ordinary					Sale		1,211	3.484
1p ordinary					Sale		1,220	3.466
1p ordinary					Sale		1,220	3.47
1p ordinary					Sale		1,243	3.418
1p ordinary					Sale		1,512	3.482
1p ordinary					Sale		1,570	3.48
1p ordinary					Sale		1,717	3.474
1p ordinary					Sale		1,788	3.48
1p ordinary					Sale		1,874	3.478
1p ordinary					Sale		2,618	3.472
1p ordinary					Sale		3,316	3.46
1p ordinary					Sale		16,084	3.47
1p ordinary					Sale		1,040	3.47

(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
1p ordinary	CFD	Reducing a long position	27	3.47
1p ordinary	CFD	Reducing a long position	4	3.484
1p ordinary	CFD	Increasing a long position	26	3.416
1p ordinary	CFD	Increasing a long position	34	3.408
1p ordinary	CFD	Increasing a long position	41	3.41
1p ordinary	CFD	Increasing a long position	23	3.402
1p ordinary	CFD	Increasing a long position	13	3.416

(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:	02/08/2024
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