Form 8.3 - International Distribution Services plc

Societe Generale SA
24 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

23/09/2024

(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:

10,547,328

1.10

32,499

0.00

(2)  Cash-settled derivatives:

 

19,001

0.00

96,867

0.01

(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:

0

0.00

0

0.00

TOTAL:

10,566,329

1.10

129,366

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

63

3.412

1p ordinary

Purchase

275

3.406

1p ordinary

Purchase

8

3.412

1p ordinary

Purchase

43

3.412

1p ordinary

Purchase

132

3.412

1p ordinary

Purchase

58

3.414

1p ordinary

Purchase

345

3.414

1p ordinary

Purchase

44

3.412

1p ordinary

Purchase

150

3.412

1p ordinary

Purchase

78

3.411

1p ordinary

Purchase

50

3.416

1p ordinary

Purchase

85

3.412

1p ordinary

Purchase

39

3.416

1p ordinary

Purchase

208

3.413

1p ordinary

Purchase

67

3.412

1p ordinary

Purchase

88

3.414

1p ordinary

Purchase

17

3.412

1p ordinary

Purchase

25

3.412

1p ordinary

Purchase

6

3.412

1p ordinary

Purchase

29

3.412

1p ordinary

Purchase

2

3.41

1p ordinary

Purchase

329

3.412

1p ordinary

Purchase

60

3.412

1p ordinary

Purchase

80

3.412

1p ordinary

Purchase

17

3.412

1p ordinary

Purchase

1

3.412

1p ordinary

Purchase

79

3.412

1p ordinary

Purchase

64

3.412

1p ordinary

Purchase

145

3.412

1p ordinary

Purchase

13

3.412

1p ordinary

Purchase

159

3.412

1p ordinary

Purchase

80

3.412

1p ordinary

Purchase

114

3.412

1p ordinary

Purchase

177

3.412

1p ordinary

Purchase

1,376

3.412

1p ordinary

Purchase

1,959

3.412

1p ordinary

Purchase

2,207

3.412

1p ordinary

Purchase

2,459

3.412

1p ordinary

Purchase

2,715

3.412

1p ordinary

Purchase

3,849

3.412

1p ordinary

Purchase

4,037

3.412

1p ordinary

Purchase

4,510

3.412

1p ordinary

Purchase

8,890

3.412

1p ordinary

Purchase

860

3.412

1p ordinary

Purchase

51

3.412

1p ordinary

Purchase

100

3.412

1p ordinary

Purchase

125

3.412

1p ordinary

Purchase

194

3.412

1p ordinary

Purchase

319

3.412

1p ordinary

Purchase

408

3.412

1p ordinary

Purchase

512

3.412

1p ordinary

Purchase

920

3.412

1p ordinary

Purchase

80

3.412

1p ordinary

Purchase

5,640

3.412

1p ordinary

Purchase

11

3.416

1p ordinary

Purchase

8

3.416

1p ordinary

Purchase

10

3.416

1p ordinary

Purchase

14

3.416

1p ordinary

Purchase

10

3.416

1p ordinary

Purchase

14

3.416

1p ordinary

Purchase

10

3.416

1p ordinary

Purchase

15

3.414

1p ordinary

Purchase

8

3.416

1p ordinary

Purchase

10

3.416

1p ordinary

Purchase

8

3.416

1p ordinary

Purchase

8

3.416

1p ordinary

Purchase

9

3.416

1p ordinary

Purchase

14

3.416

1p ordinary

Purchase

8

3.416

1p ordinary

Purchase

11

3.416

1p ordinary

Purchase

8

3.416

1p ordinary

Purchase

8

3.416

1p ordinary

Purchase

9

3.416

1p ordinary

Purchase

9

3.416

1p ordinary

Purchase

13

3.416

1p ordinary

Purchase

8

3.416

1p ordinary

Purchase

8

3.416

1p ordinary

Purchase

14

3.416

1p ordinary

Purchase

9

3.416

1p ordinary

Purchase

9

3.416

1p ordinary

Purchase

16

3.416

1p ordinary

Purchase

9

3.416

1p ordinary

Purchase

14

3.416

1p ordinary

Purchase

100

3.416

1p ordinary

Purchase

10

3.416

1p ordinary

Purchase

11

3.416

1p ordinary

Purchase

17

3.416

1p ordinary

Purchase

9

3.416

1p ordinary

Purchase

12

3.416

1p ordinary

Purchase

13

3.416

1p ordinary

Purchase

9

3.416

1p ordinary

Purchase

12

3.416

1p ordinary

Purchase

12

3.416

1p ordinary

Purchase

28

3.416

1p ordinary

Purchase

16

3.416

1p ordinary

Sale

13

3.41

1p ordinary

Sale

114

3.412

1p ordinary

Sale

188

3.412

1p ordinary

Sale

13

3.41

1p ordinary

Sale

5,640

3.412

1p ordinary

Sale

2,000

3.41

1p ordinary

Sale

338

3.414

1p ordinary

Sale

800

3.414

1p ordinary

Sale

1,265

3.412

1p ordinary

Sale

9

3.416

1p ordinary

Sale

100

3.416

1p ordinary

Sale

14

3.416

1p ordinary

Sale

9

3.416

 

 

(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

63

3.412

1p ordinary

CFD

Reducing a long position

275

3.406

1p ordinary

CFD

Reducing a long position

8

3.412

1p ordinary

CFD

Reducing a long position

43

3.412

1p ordinary

CFD

Reducing a long position

132

3.412

1p ordinary

CFD

Reducing a long position

58

3.414

1p ordinary

CFD

Reducing a long position

345

3.414

1p ordinary

CFD

Reducing a long position

44

3.412

1p ordinary

CFD

Reducing a long position

150

3.412

1p ordinary

CFD

Reducing a long position

78

3.411

1p ordinary

CFD

Reducing a long position

50

3.416

1p ordinary

CFD

Reducing a long position

85

3.412

1p ordinary

CFD

Reducing a long position

39

3.416

1p ordinary

CFD

Reducing a long position

208

3.413

1p ordinary

CFD

Reducing a long position

67

3.412

1p ordinary

CFD

Reducing a long position

88

3.414

1p ordinary

CFD

Reducing a long position

17

3.412

1p ordinary

CFD

Reducing a long position

25

3.412

1p ordinary

CFD

Reducing a long position

6

3.412

1p ordinary

CFD

Reducing a long position

29

3.412

1p ordinary

CFD

Reducing a long position

2

3.41

1p ordinary

CFD

Reducing a long position

329

3.412

1p ordinary

CFD

Reducing a long position

60

3.412

1p ordinary

CFD

Reducing a long position

80

3.412

1p ordinary

CFD

Reducing a long position

17

3.412

1p ordinary

CFD

Reducing a long position

1

3.412

1p ordinary

CFD

Reducing a long position

79

3.412

1p ordinary

CFD

Reducing a long position

64

3.412

1p ordinary

CFD

Reducing a long position

145

3.412

1p ordinary

CFD

Reducing a long position

13

3.412

1p ordinary

CFD

Reducing a long position

159

3.412

1p ordinary

CFD

Increasing a long position

13

3.41

1p ordinary

CFD

Increasing a long position

114

3.412

1p ordinary

CFD

Increasing a long position

188

3.412

1p ordinary

CFD

Increasing a long position

13

3.41

 

(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:

24/09/2024

Contact name:

Paul Jenkins

Telephone number:

+44 20 7676 6969

 

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 +44 (0)20 7638 0129.

 

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

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