Form 8.5 (EPT/RI)-International Distribution

JPMorgan Securities Plc

05 June 2024

 

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:	4 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	1,457,234 1,060,041	3.3560 GBP 3.3580 GBP	3.3420 GBP 3.3440 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	2,263 65 33 82,793 1,260 49,254 393,860 13 385 33,668 63,451 12,176 2,378 273,279 83 36,394 63 28 903 14,194 3,429 14,704 79 25,000 404 61 121 6,553 249,457 10,865 2,483 1,088 124 2,811 7,719 2,847 1,086 649 1,982 38 3,383 3,370 10,283 1,514 4,953 3,325 3,312	3.3491 GBP 3.3503 GBP 3.3504 GBP 3.3515 GBP 3.3521 GBP 3.3537 GBP 3.3540 GBP 3.3542 GBP 3.3477 GBP 3.3491 GBP 3.3501 GBP 3.3511 GBP 3.3512 GBP 3.3522 GBP 3.3524 GBP 3.3525 GBP 3.3542 GBP 3.3557 GBP 3.3517 GBP 3.3520 GBP 3.3538 GBP 3.3459 GBP 3.3480 GBP 3.3483 GBP 3.3493 GBP 3.3496 GBP 3.3497 GBP 3.3515 GBP 3.3523 GBP 3.3528 GBP 3.3532 GBP 3.3582 GBP 3.3489 GBP 3.3490 GBP 3.3497 GBP 3.3500 GBP 3.3502 GBP 3.3503 GBP 3.3505 GBP 3.3513 GBP 3.3520 GBP 3.3522 GBP 3.3482 GBP 3.3511 GBP 3.3522 GBP 3.3523 GBP 3.3560 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:	5 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