Form 8.5 (EPT/RI)-International Distributions plc

JPMorgan Securities Plc

14 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:	13 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	551,224 975,661	2.9203 GBP 2.9060 GBP	2.8140 GBP 2.8060 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	1,487 22 453 31,313 51 546 7,824 284 40 77 29,452 87 4,000 20,929 110 17,253 2,276 6,083 3,737 1,974 8,327 7,060 2,290 3,567 98,851 18 169 8,004 52 927 40 15,500 3,782 27,162 1,291 1,353 5 3,389 3,810 14,919 18,192 41,161 581 3,957 23 367,083	2.8140 GBP 2.8168 GBP 2.8288 GBP 2.8337 GBP 2.8361 GBP 2.8380 GBP 2.8381 GBP 2.8639 GBP 2.8057 GBP 2.8210 GBP 2.8283 GBP 2.8297 GBP 2.8339 GBP 2.8363 GBP 2.8368 GBP 2.8388 GBP 2.8403 GBP 2.8414 GBP 2.8704 GBP 2.8722 GBP 2.8736 GBP 2.8776 GBP 2.8796 GBP 2.8358 GBP 2.8380 GBP 2.8401 GBP 2.8492 GBP 2.8517 GBP 2.8616 GBP 2.8745 GBP 2.8320 GBP 2.8351 GBP 2.8380 GBP 2.8383 GBP 2.8392 GBP 2.8421 GBP 2.8423 GBP 2.8458 GBP 2.8514 GBP 2.8531 GBP 2.8650 GBP 2.8651 GBP 2.8733 GBP 2.8760 GBP 2.9123 GBP 2.8380 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:	14 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