Form 8.3 - International Distribution Services plc

Societe Generale SA

09 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	08/08/2024
(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:	12,458,713	1.30	264,728	0.03
(2)  Cash-settled derivatives:	22,809	0.00	49,835	0.01
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	12,481,522	1.30	314,563	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	9	3.36
1p ordinary	Purchase	128	3.362
1p ordinary	Purchase	26	3.362
1p ordinary	Purchase	48	3.364
1p ordinary	Purchase	73	3.364
1p ordinary	Purchase	97	3.368
1p ordinary	Purchase	117	3.362
1p ordinary	Purchase	117	3.362
1p ordinary	Purchase	5	3.36
1p ordinary	Purchase	76	3.362
1p ordinary	Purchase	212	3.368
1p ordinary	Purchase	48	3.364
1p ordinary	Purchase	40	3.362
1p ordinary	Purchase	55	3.36
1p ordinary	Purchase	60	3.362
1p ordinary	Purchase	64	3.362
1p ordinary	Purchase	52	3.362
1p ordinary	Purchase	73	3.362
1p ordinary	Purchase	74	3.362
1p ordinary	Purchase	92	3.362
1p ordinary	Purchase	273	3.366
1p ordinary	Purchase	94	3.366
1p ordinary	Purchase	20,052	3.37
1p ordinary	Purchase	3,422	3.37
1p ordinary	Purchase	69	3.352
1p ordinary	Purchase	205	3.36
1p ordinary	Purchase	250	3.368
1p ordinary	Purchase	318	3.362
1p ordinary	Purchase	389	3.362
1p ordinary	Purchase	400	3.362
1p ordinary	Purchase	660	3.36
1p ordinary	Purchase	1,026	3.364
1p ordinary	Purchase	1,071	3.36
1p ordinary	Purchase	1,098	3.368
1p ordinary	Purchase	1,272	3.366
1p ordinary	Purchase	1,277	3.376
1p ordinary	Purchase	1,279	3.368
1p ordinary	Purchase	1,281	3.35
1p ordinary	Purchase	1,283	3.36
1p ordinary	Purchase	1,284	3.358
1p ordinary	Purchase	1,460	3.368
1p ordinary	Sale	3,422	3.37
1p ordinary	Sale	805	3.354
1p ordinary	Sale	1,283	3.354
1p ordinary	Sale	1,320	3.348
1p ordinary	Sale	1,411	3.35
1p ordinary	Sale	1,536	3.346
1p ordinary	Sale	1,543	3.342
1p ordinary	Sale	1,543	3.344
1p ordinary	Sale	2,354	3.35
1p ordinary	Sale	20,052	3.37
1p ordinary	Sale	3,422	3.37

(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	9	3.36
1p ordinary	CFD	Reducing a long position	128	3.362
1p ordinary	CFD	Reducing a long position	26	3.362
1p ordinary	CFD	Reducing a long position	48	3.364
1p ordinary	CFD	Reducing a long position	73	3.364
1p ordinary	CFD	Reducing a long position	97	3.368
1p ordinary	CFD	Reducing a long position	117	3.362
1p ordinary	CFD	Reducing a long position	117	3.362
1p ordinary	CFD	Reducing a long position	5	3.36
1p ordinary	CFD	Reducing a long position	76	3.362
1p ordinary	CFD	Reducing a long position	212	3.368
1p ordinary	CFD	Reducing a long position	48	3.364
1p ordinary	CFD	Reducing a long position	40	3.362
1p ordinary	CFD	Reducing a long position	55	3.36
1p ordinary	CFD	Reducing a long position	60	3.362
1p ordinary	CFD	Reducing a long position	64	3.362
1p ordinary	CFD	Reducing a long position	52	3.362
1p ordinary	CFD	Reducing a long position	73	3.362
1p ordinary	CFD	Reducing a long position	74	3.362
1p ordinary	CFD	Reducing a long position	92	3.362
1p ordinary	CFD	Reducing a long position	273	3.366
1p ordinary	CFD	Reducing a long position	94	3.366

(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:	09/08/2024
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