Form 8.5 (EPT/RI)-International Distribution Amend

JPMorgan Securities Plc

30 May 2024

 

AMENDMENT

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

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

1.         KEY INFORMATION

(a) Name of exempt principal trader:	J.P. Morgan Securities Plc
(b) 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
(c) Name of the party to the offer with which exempt principal trader is connected:	Financial adviser to EP Corporate Group a.s
(d) Date dealing undertaken:	28 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 this offer?      If it is a cash offer or possible cash offer, state "N/A"	N/A

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(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	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
1p ordinary	Purchase Sale	1,558,828  2,403,109	3.2700 GBP 3.2707 GBP	3.1840 GBP 3.1840 GBP

(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
1p ordinary	Equity Swap	Decrease Long Decrease Short Increase Long Increase Short Opening a long position Opening a short position	7,460  68  262,282  46,161  4,606  3,656  41,141  13,304  5,079  650,000  27,204  5,817  58,922  6,168  47,255  45,018  31,677  6,580  1,691  25,000  6,573  258,349  685  49  275  1,162  37,150  173,385  3,364  2,715  37,634  9,346  36  1,088  7,646  9,999  41,693  756  3,203  4,698  3,278  2,582  14,661  3,742  1,892  60,669  35,697  813  191  3,414  1,441  801  866  577  33,173  24,275  4,658  6,194  4,152  916	3.1914 GBP 3.2112 GBP 3.2120 GBP 3.2186 GBP 3.2245 GBP 3.2279 GBP 3.2016 GBP 3.2105 GBP 3.2111 GBP 3.2118 GBP 3.2128 GBP 3.2199 GBP 3.2203 GBP 3.2221 GBP 3.2293 GBP 3.2341 GBP 3.2349 GBP 3.2384 GBP 3.2393 GBP 3.2400 GBP 3.2412 GBP 3.2448 GBP 3.2544 GBP 3.2599 GBP 3.2620 GBP 3.1980 GBP 3.2200 GBP 3.2223 GBP 3.2415 GBP 3.2599 GBP 3.2078 GBP 3.2090 GBP 3.2123 GBP 3.2192 GBP 3.2386 GBP 3.2434 GBP 3.2450 GBP 3.2534 GBP 3.2099 GBP 3.2114 GBP 3.2118 GBP 3.2186 GBP 3.2244 GBP 3.2333 GBP 3.2339 GBP 3.2364 GBP 3.2400 GBP 3.2419 GBP 3.2429 GBP 3.2434 GBP 3.2442 GBP 3.1840 GBP 3.1860 GBP 3.1861 GBP 3.2120 GBP 3.2121 GBP 3.2139 GBP 3.2296 GBP 3.2483 GBP 3.2491 GBP

(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)

3.         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 exempt principal trader 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 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 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

Date of disclosure:	30 May 2024
Contact name:	Natasha Mondon
Telephone number:	01202 325175

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 dealing disclosure requirements on [phone].

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

 

END