Form 8.3 - International Distribution Services plc

Societe Generale SA

09 September 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	06/09/2024
(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:	10,474,558	1.09	156,256	0.02
(2)  Cash-settled derivatives:	19,656	0.00	46,867	0.00
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	10,494,214	1.10	203,123	0.02

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	209	3.434
1p ordinary	Purchase	2	3.452
1p ordinary	Purchase	8	3.452
1p ordinary	Purchase	68	3.452
1p ordinary	Purchase	10	3.438
1p ordinary	Purchase	2	3.452
1p ordinary	Purchase	27	3.454
1p ordinary	Purchase	15	3.456
1p ordinary	Purchase	1	3.448
1p ordinary	Purchase	106	3.452
1p ordinary	Purchase	1	3.45
1p ordinary	Purchase	391	3.446
1p ordinary	Purchase	2	3.454
1p ordinary	Purchase	12	3.452
1p ordinary	Purchase	106	3.452
1p ordinary	Purchase	12	3.452
1p ordinary	Purchase	15	3.438
1p ordinary	Purchase	3	3.438
1p ordinary	Purchase	2	3.452
1p ordinary	Purchase	17	3.45
1p ordinary	Purchase	8	3.458
1p ordinary	Purchase	10	3.438
1p ordinary	Purchase	108	3.436
1p ordinary	Purchase	2	3.454
1p ordinary	Purchase	36	3.438
1p ordinary	Purchase	10	3.452
1p ordinary	Purchase	37	3.456
1p ordinary	Purchase	72	3.454
1p ordinary	Purchase	60	3.456
1p ordinary	Purchase	10	3.438
1p ordinary	Purchase	36	3.438
1p ordinary	Purchase	30	3.438
1p ordinary	Purchase	9	3.458
1p ordinary	Purchase	1	3.454
1p ordinary	Purchase	2	3.438
1p ordinary	Purchase	27	3.456
1p ordinary	Purchase	2	3.438
1p ordinary	Purchase	24	3.438
1p ordinary	Purchase	100	3.438
1p ordinary	Purchase	2	3.438
1p ordinary	Purchase	211	3.456
1p ordinary	Purchase	18	3.438
1p ordinary	Purchase	2	3.438
1p ordinary	Purchase	19	3.45
1p ordinary	Purchase	2	3.452
1p ordinary	Purchase	5	3.452
1p ordinary	Purchase	221	3.45
1p ordinary	Purchase	37	3.45
1p ordinary	Purchase	10	3.446
1p ordinary	Purchase	49	3.452
1p ordinary	Purchase	2	3.454
1p ordinary	Purchase	13	3.436
1p ordinary	Purchase	249	3.452
1p ordinary	Purchase	73	3.438
1p ordinary	Purchase	10	3.438
1p ordinary	Purchase	7	3.458
1p ordinary	Purchase	10	3.438
1p ordinary	Purchase	2	3.438
1p ordinary	Purchase	36	3.438
1p ordinary	Purchase	303	3.45
1p ordinary	Purchase	2	3.454
1p ordinary	Purchase	2	3.452
1p ordinary	Purchase	83	3.452
1p ordinary	Purchase	10	3.438
1p ordinary	Purchase	51	3.44
1p ordinary	Purchase	92	3.452
1p ordinary	Purchase	439	3.452
1p ordinary	Purchase	2	3.454
1p ordinary	Purchase	12	3.452
1p ordinary	Purchase	85	3.436
1p ordinary	Purchase	92	3.452
1p ordinary	Purchase	24	3.452
1p ordinary	Purchase	74	3.452
1p ordinary	Purchase	74	3.452
1p ordinary	Purchase	272	3.439
1p ordinary	Purchase	36	3.438
1p ordinary	Purchase	9	3.452
1p ordinary	Purchase	10	3.438
1p ordinary	Purchase	57	3.438
1p ordinary	Purchase	36	3.438
1p ordinary	Purchase	40	3.438
1p ordinary	Purchase	5	3.438
1p ordinary	Purchase	8	3.45
1p ordinary	Purchase	27	3.456
1p ordinary	Purchase	9	3.452
1p ordinary	Purchase	8	3.438
1p ordinary	Purchase	34	3.45
1p ordinary	Purchase	1	3.438
1p ordinary	Purchase	2	3.438
1p ordinary	Purchase	1	3.454
1p ordinary	Purchase	7	3.452
1p ordinary	Purchase	8	3.454
1p ordinary	Purchase	2	3.458
1p ordinary	Purchase	10	3.438
1p ordinary	Purchase	79	3.452
1p ordinary	Purchase	199	3.438
1p ordinary	Purchase	17	3.454
1p ordinary	Purchase	19	3.458
1p ordinary	Purchase	2	3.438
1p ordinary	Purchase	27	3.438
1p ordinary	Purchase	240	3.438
1p ordinary	Purchase	25	3.44
1p ordinary	Purchase	2	3.452
1p ordinary	Purchase	3,021	3.43
1p ordinary	Purchase	4,432	3.43
1p ordinary	Purchase	495	3.42995
1p ordinary	Purchase	22	3.452
1p ordinary	Purchase	1,001	3.452
1p ordinary	Purchase	62	3.454
1p ordinary	Purchase	65	3.454
1p ordinary	Purchase	326	3.452
1p ordinary	Purchase	457	3.452
1p ordinary	Purchase	489	3.454
1p ordinary	Purchase	1,229	3.434
1p ordinary	Purchase	1,230	3.43
1p ordinary	Sale	2	3.448
1p ordinary	Sale	175	3.452
1p ordinary	Sale	2	3.447
1p ordinary	Sale	101	3.452
1p ordinary	Sale	11	3.452
1p ordinary	Sale	20	3.448
1p ordinary	Sale	210	3.45
1p ordinary	Sale	2	3.448
1p ordinary	Sale	6	3.446
1p ordinary	Sale	495	3.43
1p ordinary	Sale	54	3.454
1p ordinary	Sale	8	3.448
1p ordinary	Sale	5	3.444
1p ordinary	Sale	14	3.446
1p ordinary	Sale	16	3.452
1p ordinary	Sale	54	3.45
1p ordinary	Sale	8	3.448
1p ordinary	Sale	12	3.444
1p ordinary	Sale	2	3.444
1p ordinary	Sale	3	3.45
1p ordinary	Sale	2	3.45
1p ordinary	Sale	5	3.452
1p ordinary	Sale	39	3.45
1p ordinary	Sale	11	3.444
1p ordinary	Sale	19	3.45
1p ordinary	Sale	7	3.45
1p ordinary	Sale	2	3.444
1p ordinary	Sale	20	3.448
1p ordinary	Sale	83	3.45
1p ordinary	Sale	6	3.452
1p ordinary	Sale	8	3.448
1p ordinary	Sale	2	3.447
1p ordinary	Sale	5	3.444
1p ordinary	Sale	23	3.454
1p ordinary	Sale	2	3.448
1p ordinary	Sale	565	3.452
1p ordinary	Sale	2	3.436
1p ordinary	Sale	2	3.444
1p ordinary	Sale	155	3.456
1p ordinary	Sale	10	3.446
1p ordinary	Sale	7	3.452
1p ordinary	Sale	2	3.45
1p ordinary	Sale	195	3.454
1p ordinary	Sale	2	3.448
1p ordinary	Sale	6	3.436
1p ordinary	Sale	69	3.454
1p ordinary	Sale	4	3.452
1p ordinary	Sale	2	3.447
1p ordinary	Sale	5	3.444
1p ordinary	Sale	2	3.448
1p ordinary	Sale	2	3.444
1p ordinary	Sale	10	3.45
1p ordinary	Sale	2	3.447
1p ordinary	Sale	2	3.448
1p ordinary	Sale	5	3.444
1p ordinary	Sale	19	3.448
1p ordinary	Sale	621	3.45
1p ordinary	Sale	8	3.452
1p ordinary	Sale	1,227	3.444
1p ordinary	Sale	1,625	3.452
1p ordinary	Sale	2,405	3.45
1p ordinary	Sale	2,542	3.436
1p ordinary	Sale	140	3.43
1p ordinary	Sale	4,432	3.43

(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	Increasing a long position	2,459	3.446780994
1p ordinary	CFD	Increasing a long position	43	3.4504994232
1p ordinary	CFD	Reducing a long position	5,108	3.4468900962

(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:	09/09/2024
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