Form 8.5(EPT/RI)-International Distributions Amend

JPMorgan Securities Plc

24 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:	21 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	660,249  1,087,402	3.2540 GBP 3.2560 GBP	3.2200 GBP 3.2200 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	579  6  1,147  8,915  4,264  4,882  30,507  11,699  20,449  31,469  462,264  940  3,219  3,731  25,328  10,035  4,763  2,085  12,129  2,689  139,555  24,764  50  6,577  8,792  24,447  81  982  3,556  2,938  14,193  184,833  4,410  65  98,947  3,591  489  190  5,350  8,789  620  2,417  3,604  53  310  2  12,494  1,254  684  35  371  957	3.2280 GBP 3.2307 GBP 3.2402 GBP 3.2416 GBP 3.2200 GBP 3.2208 GBP 3.2211 GBP 3.2298 GBP 3.2299 GBP 3.2305 GBP 3.2307 GBP 3.2341 GBP 3.2350 GBP 3.2364 GBP 3.2365 GBP 3.2381 GBP 3.2400 GBP 3.2402 GBP 3.2407 GBP 3.2409 GBP 3.2200 GBP 3.2213 GBP 3.2260 GBP 3.2307 GBP 3.2350 GBP 3.2366 GBP 3.2405 GBP 3.2201 GBP 3.2203 GBP 3.2205 GBP 3.2210 GBP 3.2247 GBP 3.2280 GBP 3.2287 GBP 3.2288 GBP 3.2306 GBP 3.2382 GBP 3.2391 GBP 3.2448 GBP 3.2300 GBP 3.2319 GBP 3.2320 GBP 3.2335 GBP 3.2365 GBP 3.2440 GBP 3.2459 GBP 3.2200 GBP 3.2202 GBP 3.2321 GBP 3.2361 GBP 3.2401 GBP 3.2429 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:	24 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