Form 8.5 (EPT/RI)-International Distributions plc

JPMorgan Securities Plc

01 May 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:	30 April 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	527,981 707,778	2.7640 GBP 2.7640 GBP	2.7060 GBP 2.7060 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	6,695 12,436 3,568 8,240 8 2,201 3,000 6,130 2,264 854 150 20 9,978 1,471 3,039 6,778 2,114 2,223 655 6,869 20 18,934 1,505 2,201 19,270 41,823 78 81 14,050 11 25,173 100 1 7,819 6,537 18 15 147 358,505 3,078 3,470 1,313 1,187 22,109 679 24	2.7064 GBP 2.7142 GBP 2.7153 GBP 2.7057 GBP 2.7060 GBP 2.7159 GBP 2.7183 GBP 2.7201 GBP 2.7234 GBP 2.7246 GBP 2.7277 GBP 2.7280 GBP 2.7281 GBP 2.7284 GBP 2.7335 GBP 2.7336 GBP 2.7440 GBP 2.7470 GBP 2.7247 GBP 2.7288 GBP 2.7060 GBP 2.7063 GBP 2.7111 GBP 2.7159 GBP 2.7194 GBP 2.7202 GBP 2.7210 GBP 2.7211 GBP 2.7222 GBP 2.7223 GBP 2.7255 GBP 2.7300 GBP 2.7303 GBP 2.7304 GBP 2.7317 GBP 2.7354 GBP 2.7355 GBP 2.7422 GBP 2.7060 GBP 2.7286 GBP 2.7291 GBP 2.7320 GBP 2.7427 GBP 2.7061 GBP 2.7246 GBP 2.7248 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:	1 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