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 [phone].

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

 

END