Form 8.5 (EPT/RI)-International Distribution Amend

JPMorgan Securities Plc

14 June 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 Distribution 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:	12 June 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	2,505,386 1,193,398	3.3517 GBP 3.3480 GBP	3.2940 GBP 3.3000 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	490  109,316  34,998  7,662  263  5,403  2,277  3,650  6,611  2  101,067  2  7,708  235,864  16  123,182  82,361  41,979  1,497  5,670  6,342  27,913  3,050  3,143  2,307  16  6,521  17,611  1,372  5,424  3,253  45,000  16  8,310  5,802  11,501  94,905  499,540  71,068  1,471  34,970  55,000  18,011  630  500,000  565  630  7,087  285  149,753  250,000	3.2940 GBP 3.3200 GBP 3.3202 GBP 3.3205 GBP 3.3221 GBP 3.3243 GBP 3.3300 GBP 3.3303 GBP 3.3305 GBP 3.3000 GBP 3.3199 GBP 3.3217 GBP 3.3262 GBP 3.3268 GBP 3.3277 GBP 3.3281 GBP 3.3283 GBP 3.3294 GBP 3.3380 GBP 3.3199 GBP 3.3200 GBP 3.3206 GBP 3.3213 GBP 3.3238 GBP 3.3244 GBP 3.3295 GBP 3.3403 GBP 3.3412 GBP 3.3459 GBP 3.3081 GBP 3.3196 GBP 3.3200 GBP 3.3201 GBP 3.3203 GBP 3.3204 GBP 3.3213 GBP 3.3217 GBP 3.3219 GBP 3.3233 GBP 3.3242 GBP 3.3247 GBP 3.3281 GBP 3.3287 GBP 3.3289 GBP 3.3297 GBP 3.3301 GBP 3.3322 GBP 3.3338 GBP 3.3341 GBP 3.3357 GBP 3.3517 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:	14 June 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