Form 8.5 (EPT/RI)-International Distributions

JPMorgan Securities Plc
31 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:

30 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

4,262,795

 

2,973,749

3.3600 GBP

 

3.3510 GBP

3.3180 GBP

 

3.3200 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

 

 

 

 

 

 

 

Opening a Short Position

 

 

 

 

 

 

 

 

 

 

32,077

6,173

5,583

8,986

4,260

 

29,932

14

46,772

85,616

3,326

3,700

46,334

44,917

59,709

62

28,122

60,851

61,140

70,586

22,512

166,481

165,001

82,685

857

124,628

 

293

874

75,274

25,593

112

4,743

 

279,116

3,550

50,000

120,000

78,589

2,461

37,774

411,827

291

250,000

 

3,434

116

27,182

13

1,730

28,954

67,092

 

18,112

35,414

13,285

2,586

7,670

7,111

12,699

333

8,972

1,328,000

7,476

3.3310 GBP

3.3369 GBP

3.3382 GBP

3.3401 GBP

3.3403 GBP

 

3.3202 GBP

3.3245 GBP

3.3278 GBP

3.3299 GBP

3.3300 GBP

3.3312 GBP

3.3313 GBP

3.3317 GBP

3.3320 GBP

3.3322 GBP

3.3341 GBP

3.3370 GBP

3.3383 GBP

3.3394 GBP

3.3395 GBP

3.3397 GBP

3.3398 GBP

3.3400 GBP

3.3430 GBP

3.3441 GBP

 

3.3336 GBP

3.3343 GBP

3.3373 GBP

3.3395 GBP

3.3403 GBP

3.3405 GBP

 

3.3253 GBP

3.3271 GBP

3.3283 GBP

3.3294 GBP

3.3361 GBP

3.3368 GBP

3.3399 GBP

3.3401 GBP

3.3403 GBP

3.3417 GBP

 

3.3219 GBP

3.3294 GBP

3.3306 GBP

3.3379 GBP

3.3387 GBP

3.3398 GBP

3.3400 GBP

 

3.3285 GBP

3.3310 GBP

3.3334 GBP

3.3337 GBP

3.3350 GBP

3.3353 GBP

3.3373 GBP

3.3400 GBP

3.3403 GBP

3.3415 GBP

3.3422 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:

31 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 +44 (0)20 7638 0129.

 

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings