Form 8.3 -International Distrubutions Services plc

Equiniti Share Plan Trustees Ltd
20 May 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:

Equiniti Share Plan Trustees Limited

 

(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.

Trustee: Equiniti Share Plan Trustees Limited

 

Beneficiaries: IDS employee beneficiaries of Royal Mail Share Incentive Plan

 

Settlor: International Distributions Services plc

 

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

     Use a separate form for each offeror/offeree

International Distributions 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

17th May 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:

 

Ordinary shares of 1p each

 

 

Interests

Short positions

 

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

53,853,114*

5.62%



(2) Cash-settled derivatives:

 





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





 

     TOTAL:

53,853,114*

5.62%



 

*The change in the holding of 913 shares since the last disclosure on 17th May 2024 is due to the transfer out of a discretionary holding. 

 

 

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

Ordinary 1p shares

Sale

913

£3.2167

Ordinary 1p shares

Sale

96

£3.2167

Ordinary 1p shares

Sale

167

£3.2107

Ordinary 1p shares

Sale

913

£3.2247

Ordinary 1p shares

Sale

705

£3.2367

Ordinary 1p shares

Sale

271

£3.2187

Ordinary 1p shares

Sale

1,543

£3.1987

Ordinary 1p shares

Sale

790

£3.2267

Ordinary 1p shares

Sale

1,076

£3.2167

Ordinary 1p shares

Sale

184

£3.2167

Ordinary 1p shares

Sale

952

£3.2287

Ordinary 1p shares

Sale

300

£3.2127

Ordinary 1p shares

Sale

313

£3.2207

Ordinary 1p shares

Sale

144

£3.2167

Ordinary 1p shares

Sale

1,000

£3.2287

Ordinary 1p shares

Sale

274

£3.2267

Ordinary 1p shares

Sale

63

£3.2167

Ordinary 1p shares

Sale

81

£3.2187

Ordinary 1p shares

Sale

184

£3.2167

Ordinary 1p shares

Sale

300

£3.2027

Ordinary 1p shares

Sale

1,180

£3.2227

Ordinary 1p shares

Sale

184

£3.2207

Ordinary 1p shares

Sale

1,000

£3.2167

Ordinary 1p shares

Sale

50

£3.2167

Ordinary 1p shares

Sale

1,818

£3.2347

Ordinary 1p shares

Sale

913

£3.1907

Ordinary 1p shares

Sale

217

£3.2167

Ordinary 1p shares

Sale

258

£3.2187

Ordinary 1p shares

Sale

1,212

£3.2027

Ordinary 1p shares

Sale

81

£3.2187

Ordinary 1p shares

Sale

1,865

£3.2207

Ordinary 1p shares

Sale

500

£3.2087

Ordinary 1p shares

Sale

31

£3.2107

Ordinary 1p shares

Sale

87

£3.2107

Ordinary 1p shares

Sale

300

£3.2287

Ordinary 1p shares

Sale

1,110

£3.2147

Ordinary 1p shares

Sale

400

£3.2107

Ordinary 1p shares

Sale

913

£3.2347

Ordinary 1p shares

Sale

357

£3.2287

Ordinary 1p shares

Sale

913

£3.2087

Ordinary 1p shares

Sale

913

£3.2367

Ordinary 1p shares

Sale

183

£3.2167

Ordinary 1p shares

Sale

1,976

£3.2267

Ordinary 1p shares

Sale

48

£3.1907

Ordinary 1p shares

Sale

50

£3.2207

Ordinary 1p shares

Sale

294

£3.2167

Ordinary 1p shares

Sale

1,200

£3.2187

Ordinary 1p shares

Sale

295

£3.2207

Ordinary 1p shares

Sale

375

£3.2247

Ordinary 1p shares

Sale

47

£3.2347

Ordinary 1p shares

Sale

140

£3.2027

Ordinary 1p shares

Sale

322

£3.2147

Ordinary 1p shares

Sale

81

£3.2267

Ordinary 1p shares

Sale

113

£3.2107

Ordinary 1p shares

Sale

1,321

£3.2107

Ordinary 1p shares

Sale

130

£3.1947

Ordinary 1p shares

Sale

913

£3.2267

Ordinary 1p shares

Sale

148

£3.1947

Ordinary 1p shares

Sale

913

£3.2107

Ordinary 1p shares

Sale

827

£3.2187

Ordinary 1p shares

Sale

282

£3.2187

Ordinary 1p shares

Sale

913

£3.1867

Ordinary 1p shares

Sale

200

£3.2247

Ordinary 1p shares

Sale

913

£3.2207

Ordinary 1p shares

Sale

913

£3.2127

Ordinary 1p shares

Sale

539

£3.2347

Ordinary 1p shares

Sale

600

£3.2067

Ordinary 1p shares

Sale

20

£3.2027

Ordinary 1p shares

Sale

300

£3.1987

Ordinary 1p shares

Sale

127

£3.2347

Ordinary 1p shares

Sale

899

£3.2227

Ordinary 1p shares

Sale

913

£3.2087

Ordinary 1p shares

Sale

81

£3.2207

Ordinary 1p shares

Sale

158

£3.2247

Ordinary 1p shares

Sale

158

£3.2207

Ordinary 1p shares

Sale

2,000

£3.2307

Ordinary 1p shares

Sale

913

£3.2163

Ordinary 1p shares

Sale

163

£3.2187

Ordinary 1p shares

Sale

81

£3.2167

Ordinary 1p shares

Sale

306

£3.2227

Ordinary 1p shares

Sale

913

£3.2227

Ordinary 1p shares

Sale

123

£3.2247

Ordinary 1p shares

Sale

695

£3.2187

Ordinary 1p shares

Sale

375

£3.2167

Ordinary 1p shares

Sale

549

£3.2247

Ordinary 1p shares

Sale

917

£3.2247

Ordinary 1p shares

Sale

41

£3.2207

Ordinary 1p shares

Sale

114

£3.2127

Ordinary 1p shares

Sale

83

£3.2207

Ordinary 1p shares

Sale

162

£3.2307

Ordinary 1p shares

Sale

322

£3.2207

Ordinary 1p shares

Sale

150

£3.2167

Ordinary 1p shares

Sale

81

£3.1987

Ordinary 1p shares

Sale

82

£3.2247

Ordinary 1p shares

Sale

168

£3.2087

Ordinary 1p shares

Sale

259

£3.2027

Ordinary 1p shares

Sale

81

£3.2127

Ordinary 1p shares

Sale

500

£3.2207

Ordinary 1p shares

Sale

110

£3.2207

Ordinary 1p shares

Sale

294

£3.2247

Ordinary 1p shares

Sale

1,253

£3.2087

Ordinary 1p shares

Sale

45

£3.2167

Ordinary 1p shares

Sale

2,657

£3.2187

Ordinary 1p shares

Sale

2,564

£3.2387

Ordinary 1p shares

Sale

1,193

£3.1947

Ordinary 1p shares

Sale

200

£3.2207

Ordinary 1p shares

Sale

200

£3.2267

Ordinary 1p shares

Sale

197

£3.2107

Ordinary 1p shares

Sale

159

£3.2207

Ordinary 1p shares

Sale

429

£3.2347

Ordinary 1p shares

Sale

420

£3.2167

Ordinary 1p shares

Sale

31

£3.2267

Ordinary 1p shares

Sale

15,160

£3.225740

 

(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


 

 




 

(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:

20th May 2024

Contact name:

Wendy Butcher

Telephone number*:

07834 946627

 

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.

 

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

 

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

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