Form 8.5 (EPT/RI)-International Distributions plc

JPMorgan Securities Plc

15 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:	14 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	795,313 1,335,863	2.8800 GBP 2.8800 GBP	2.6920 GBP 2.7100 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	13,369 182,194 3,462 3,423 2,074 6,403 89,348 1,024 5,363 287 1,849 2,309 1,000 4,075 778 2,332 340,979 28,951 266,809 5,108 1,837 26,938 1,523 82,414 125,602 2,000 100 1,987 19,495 1,000 24,245 33,857 1,766 629 518 10,548 121,638 9,296 2,655 7,732 202 108 56 1,984 15,959 69,285 3,404 76 6,935 28,394 19,829 48 25,625 58,600 4,009 1,362 18 327 10	2.7104 GBP 2.7140 GBP 2.7145 GBP 2.7174 GBP 2.7272 GBP 2.7584 GBP 2.7667 GBP 2.7722 GBP 2.7798 GBP 2.7840 GBP 2.7860 GBP 2.7881 GBP 2.7971 GBP 2.7983 GBP 2.8050 GBP 2.8070 GBP 2.7132 GBP 2.7137 GBP 2.7140 GBP 2.7148 GBP 2.7459 GBP 2.7518 GBP 2.7567 GBP 2.7651 GBP 2.7712 GBP 2.7730 GBP 2.7740 GBP 2.7753 GBP 2.7858 GBP 2.7883 GBP 2.7885 GBP 2.7944 GBP 2.7999 GBP 2.8060 GBP 2.8280 GBP 2.7139 GBP 2.7140 GBP 2.7149 GBP 2.7499 GBP 2.7618 GBP 2.7820 GBP 2.7969 GBP 2.7123 GBP 2.7140 GBP 2.7143 GBP 2.7148 GBP 2.7494 GBP 2.7647 GBP 2.7685 GBP 2.7694 GBP 2.7771 GBP 2.7858 GBP 2.7859 GBP 2.7911 GBP 2.7935 GBP 2.8080 GBP 2.8150 GBP 2.8343 GBP 2.8583 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:	15 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