Form 8.5 (EPT/NON-RI) INTERNATIONAL DISTRIBUT SERV

Barclays PLC
31 May 2024
 

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose

 relevant securities this form relates:

INTERNATIONAL DISTRIBUTION SERVICES PLC

(c)

Name of the party to the offer with which exempt

 principal trader is connected

INTERNATIONAL DISTRIBUTION SERVICES PLC

(d)

Date position held/dealing undertaken:

30 May 2024

(e)

In addition to the company in 1(b) above, is the exempt principal

 trader making disclosures in respect of any other party to the offer?

NO

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(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:

8,340,480

0.87%

5,507,625

0.57%

(2) Cash-settled derivatives:

2,978,445

0.31%

7,754,972

0.81%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

11,318,925

1.18%

13,262,597

1.38%

 








(b)

Rights to subscribe for new securities (including directors and other executive 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 EXEMPT PRINCIPAL TRADER

(a)

Purchase and sales

 






Class of relevant

 security

Purchase/sale

Total number of

 securities

Highest price per unit

 paid/received

Lowest price per unit

 paid/received

1p ordinary

Purchase

1583358

3.3500  GBP

3.3211  GBP

1p ordinary

Sale

836857

3.3471  GBP

3.3238  GBP

 








(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

1p ordinary

SWAP

Closing Long

556

3.3320  GBP

1p ordinary

SWAP

Closing Long

1,157

3.3375  GBP

1p ordinary

SWAP

Closing Long

1,300

3.3440  GBP

1p ordinary

SWAP

Closing Long

2,805

3.3424  GBP

1p ordinary

SWAP

Decreasing Long

79

3.3309  GBP

1p ordinary

SWAP

Decreasing Long

113

3.3348  GBP

1p ordinary

SWAP

Decreasing Long

127

3.3361  GBP

1p ordinary

SWAP

Decreasing Long

2,846

3.3328  GBP

1p ordinary

SWAP

Decreasing Long

29,528

3.3345  GBP

1p ordinary

SWAP

Decreasing Long

33,875

3.3404  GBP

1p ordinary

SWAP

Decreasing Long

34,866

3.3400  GBP

1p ordinary

SWAP

Decreasing Short

1,071

3.3395  GBP

1p ordinary

SWAP

Decreasing Short

1,433

3.3471  GBP

1p ordinary

CFD

Decreasing Short

1,530

3.3377  GBP

1p ordinary

SWAP

Decreasing Short

1,622

3.3344  GBP

1p ordinary

SWAP

Decreasing Short

1,807

3.3366  GBP

1p ordinary

SWAP

Decreasing Short

1,897

3.3300  GBP

1p ordinary

SWAP

Decreasing Short

5,176

3.3356  GBP

1p ordinary

CFD

Decreasing Short

11,838

3.3325  GBP

1p ordinary

CFD

Decreasing Short

14,642

3.3286  GBP

1p ordinary

CFD

Decreasing Short

19,519

3.3395  GBP

1p ordinary

SWAP

Decreasing Short

26,227

3.3372  GBP

1p ordinary

CFD

Decreasing Short

54,881

3.3400  GBP

1p ordinary

SWAP

Decreasing Short

56,403

3.3333  GBP

1p ordinary

SWAP

Decreasing Short

68,600

3.3392  GBP

1p ordinary

SWAP

Increasing Long

240

3.3227  GBP

1p ordinary

SWAP

Increasing Long

3,597

3.3199  GBP

1p ordinary

SWAP

Increasing Long

4,838

3.3259  GBP

1p ordinary

SWAP

Increasing Long

6,926

3.3243  GBP

1p ordinary

SWAP

Increasing Short

321

3.3310  GBP

1p ordinary

SWAP

Increasing Short

553

3.3356  GBP

1p ordinary

SWAP

Increasing Short

4,248

3.3413  GBP

1p ordinary

SWAP

Increasing Short

4,659

3.3376  GBP

1p ordinary

SWAP

Increasing Short

6,610

3.3295  GBP

1p ordinary

SWAP

Increasing Short

13,931

3.3365  GBP

1p ordinary

SWAP

Increasing Short

15,291

3.3357  GBP

1p ordinary

SWAP

Increasing Short

33,250

3.3323  GBP

1p ordinary

CFD

Increasing Short

36,228

3.3400  GBP

1p ordinary

SWAP

Increasing Short

51,386

3.3213  GBP

1p ordinary

CFD

Increasing Short

89,704

3.3369  GBP

1p ordinary

SWAP

Increasing Short

115,486

3.3400  GBP

1p ordinary

CFD

Increasing Short

117,575

3.3391  GBP

1p ordinary

SWAP

Increasing Short

176,177

3.3356  GBP

1p ordinary

SWAP

Opening Short

618

3.3200  GBP

1p ordinary

SWAP

Opening Short

967

3.3420  GBP

1p ordinary

SWAP

Opening Short

2,127

3.3475  GBP

1p ordinary

SWAP

Opening Short

4,514

3.3344  GBP

1p ordinary

SWAP

Opening Short

7,810

3.3373  GBP

1p ordinary

SWAP

Opening Short

31,151

3.3377  GBP

1p ordinary

SWAP

Opening Short

35,157

3.3211  GBP

1p ordinary

SWAP

Opening Short

66,507

3.3361  GBP

1p ordinary

SWAP

Opening Short

72,075

3.3400  GBP

1p ordinary

SWAP

Opening Short

88,225

3.3367  GBP

 








(c)

Stock-settled derivative transactions  (including options)

(i)

Writing, selling, purchasing or varying

Class

 of

 relevant

 security

Product

 description

Writing,

 purchasing,

 selling,

 varying etc

Number

 of

 securities

 to which

 option

 relates

Exercise

 price

 per unit

Type

Expiry

 date

Option

 money

 paid/

 received

 per unit

 

 

 

 

 

 

 

 

 








(ii)

Exercising

 






Class of relevant

 security

Product description

Exercising/ exercised against

Number of

 securities

Exercise price per

 unit

 

 

 

 

 

 








(d)

Other dealings (including subscribing for new securities)

Class of relevant

 security

Nature of Dealings

Details

Price per unit (if

 applicable)

 

 

 

 

4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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 exempt principal trader making the disclosure and any party

 to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

 the exempt principal trader 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 of future acquisition or disposal of any relevant securities to which

 any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

31 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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