Form 8.5 (EPT/RI)International Distributions Amend

JPMorgan Securities Plc

28 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:	23 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	2,676,153  1,697,160	3.2740 GBP 3.2700 GBP	3.1340 GBP 3.1280 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	5  108,146  53,300  3,159  55,159  144,532  141  942  41,141  233,993  47,033  1,819  225,015  42,031  600  16,383  3,982  329  4,364  63,434  2,951  358  3,218  5,801  122  2,124  7,728  5,229  1,277  104  7,948  18  11,800  1,496  3,246  47,805  22,113  23  1,835  629,001  1,959  1,819  5,094  2,753  36  1,439  834,244  6,931  130,000  855  16,300  2,980  4,582  6,000  6,655  3,735  50,897  8,440  4,861  156,526	3.1403 GBP 3.1480 GBP 3.1607 GBP 3.1741 GBP 3.1875 GBP 3.1357 GBP 3.1399 GBP 3.1434 GBP 3.1443 GBP 3.1477 GBP 3.1478 GBP 3.1619 GBP 3.1884 GBP 3.1891 GBP 3.2014 GBP 3.2053 GBP 3.2063 GBP 3.2080 GBP 3.2128 GBP 3.2143 GBP 3.2176 GBP 3.2220 GBP 3.2262 GBP 3.2278 GBP 3.2366 GBP 3.2400 GBP 3.2408 GBP 3.2444 GBP 3.2579 GBP 3.2649 GBP 3.1340 GBP 3.1480 GBP 3.2492 GBP 3.1365 GBP 3.1400 GBP 3.1468 GBP 3.1480 GBP 3.1484 GBP 3.1485 GBP 3.1506 GBP 3.1593 GBP 3.1619 GBP 3.1650 GBP 3.1798 GBP 3.1799 GBP 3.1864 GBP 3.1898 GBP 3.1952 GBP 3.1994 GBP 3.2020 GBP 3.2186 GBP 3.2311 GBP 3.2384 GBP 3.2414 GBP 3.2418 GBP 3.2427 GBP 3.2469 GBP 3.2471 GBP 3.2518 GBP 3.1480 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:	28 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