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: |
31 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 |
2,687,814
2,008,717 |
3.3700 GBP
3.3700 GBP |
3.3320 GBP
3.3366 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
|
2,682 5,472 8,310 4,695 37 5,079 15,319 82,342 14,233
6,109 1,341 47,773 36,705 163 125 63,301 43 15,065 1,894 7,099 100,397 6,827 5,766
882 20,641 253 41 4,268 3,510 1,883 2,513 5,174 977 1,065 43 7,305 2,100 4,802 7,131 334
4,203 3 3,698 145 12,495 4,165 206,911 501,213 369,511 |
3.3476 GBP 3.3528 GBP 3.3560 GBP 3.3575 GBP 3.3601 GBP 3.3614 GBP 3.3618 GBP 3.3620 GBP 3.3647 GBP
3.3392 GBP 3.3397 GBP 3.3483 GBP 3.3533 GBP 3.3546 GBP 3.3553 GBP 3.3580 GBP 3.3599 GBP 3.3603 GBP 3.3609 GBP 3.3616 GBP 3.3617 GBP 3.3619 GBP 3.3657 GBP
3.3421 GBP 3.3442 GBP 3.3459 GBP 3.3460 GBP 3.3477 GBP 3.3480 GBP 3.3490 GBP 3.3516 GBP 3.3551 GBP 3.3556 GBP 3.3557 GBP 3.3575 GBP 3.3577 GBP 3.3609 GBP 3.3614 GBP 3.3618 GBP 3.3627 GBP
3.3381 GBP 3.3397 GBP 3.3504 GBP 3.3567 GBP 3.3578 GBP 3.3611 GBP 3.3622 GBP 3.3623 GBP 3.3625 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 June 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.