Form 8.5 (EPT/RI)-International Distributions plc

JPMorgan Securities Plc
03 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:

2 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

632,473

 

219,070

2.7580 GBP

 

2.7580 GBP

2.6860 GBP

 

2.6862 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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5,700

465

1,994

1,573

15,620

290,517

36,475

1,582

16

3,938

 

3,276

23,801

547

5,884

44,991

300

2,659

4,000

3,050

4,058

9,873

3,618

1,351

1,446

 

1,516

358

2,778

88

3,906

50

8,017

 

9,629

2,720

2,091

48,840

16,464

2,112

11,997

862

1

25,600

700

7,065

13,854

1

12

2.6881 GBP

2.6940 GBP

2.6998 GBP

2.7017 GBP

2.7090 GBP

2.7120 GBP

2.7121 GBP

2.7157 GBP

2.7182 GBP

2.7214 GBP

 

2.7107 GBP

2.7117 GBP

2.7120 GBP

2.7122 GBP

2.7130 GBP

2.7143 GBP

2.7166 GBP

2.7209 GBP

2.7274 GBP

2.7307 GBP

2.7332 GBP

2.7353 GBP

2.7435 GBP

2.7537 GBP

 

2.6881 GBP

2.6966 GBP

2.7120 GBP

2.7239 GBP

2.7322 GBP

2.7339 GBP

2.7345 GBP

 

2.7092 GBP

2.7120 GBP

2.7121 GBP

2.7123 GBP

2.7138 GBP

2.7160 GBP

2.7173 GBP

2.7180 GBP

2.7243 GBP

2.7245 GBP

2.7267 GBP

2.7280 GBP

2.7293 GBP

2.7400 GBP

2.7483 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:

3 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 +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings