Form 8.5 (EPT/RI)-International Distributions plc

JPMorgan Securities Plc

07 June 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:	6 June 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	954,367 281,978	3.3650 GBP 3.3620 GBP	3.3307 GBP 3.3340 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	6,896 3,185 5,639 2,140 720 22 18,706 1,142 10,276 187,712 22,955 2,520 114 145 30,791 22,001 24,680 783 16,302 9,334 384 634 5,374 461 4 563 280 48,483 21,877 149 21,271 16 1,973 50,000 30,767 135,025 940 2,496 300 4,143 2,859 109,359 20 44,844 40,157	3.3411 GBP 3.3414 GBP 3.3419 GBP 3.3420 GBP 3.3421 GBP 3.3430 GBP 3.3441 GBP 3.3446 GBP 3.3447 GBP 3.3450 GBP 3.3480 GBP 3.3350 GBP 3.3367 GBP 3.3397 GBP 3.3400 GBP 3.3407 GBP 3.3408 GBP 3.3420 GBP 3.3446 GBP 3.3477 GBP 3.3500 GBP 3.3379 GBP 3.3383 GBP 3.3400 GBP 3.3439 GBP 3.3459 GBP 3.3467 GBP 3.3478 GBP 3.3341 GBP 3.3363 GBP 3.3372 GBP 3.3383 GBP 3.3384 GBP 3.3394 GBP 3.3398 GBP 3.3404 GBP 3.3413 GBP 3.3422 GBP 3.3440 GBP 3.3446 GBP 3.3447 GBP 3.3448 GBP 3.3463 GBP 3.3476 GBP 3.3481 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:	7 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 [phone].

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

 

END