Form8.5(EPT/NON-RI)INTERNATIONAL DISTRIBUT SVC PLC

Barclays PLC
17 July 2024
 

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose

 relevant securities this form relates:

INTERNATIONAL DISTRIBUTION SERVICES PLC

(c)

Name of the party to the offer with which exempt

 principal trader is connected

INTERNATIONAL DISTRIBUTION SERVICES PLC

(d)

Date position held/dealing undertaken:

16 Jul 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 the offer?

NO

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(a)

Interests and short positions in the relevant securities of the offeror or offeree

 

to which the disclosure relates following the dealing (if any)

Class of relevant security:

1p ordinary


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

18,405,737

1.92%

1,929,232

0.20%

(2) Cash-settled derivatives:

1,301,394

0.14%

17,835,836

1.86%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

19,707,131

2.06%

19,765,068

2.06%

 








(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to

 which subscription right exists

 

Details, including nature of the rights

 concerned and relevant percentages:

 

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchase and sales

 






Class of relevant

 security

Purchase/sale

Total number of

 securities

Highest price per unit

 paid/received

Lowest price per unit

 paid/received

1p ordinary

Purchase

690969

3.3520  GBP

3.3375  GBP

1p ordinary

Sale

278479

3.3523  GBP

3.3339  GBP

 








(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

1p ordinary

SWAP

Decreasing Long

9,102

3.3395  GBP

1p ordinary

CFD

Increasing Short

55,557

3.3519  GBP

1p ordinary

SWAP

Decreasing Short

2,222

3.3411  GBP

1p ordinary

SWAP

Decreasing Short

6,523

3.3417  GBP

1p ordinary

SWAP

Increasing Short

200

3.3400  GBP

1p ordinary

SWAP

Increasing Short

800

3.3422  GBP

1p ordinary

SWAP

Decreasing Short

7,007

3.3352  GBP

1p ordinary

SWAP

Opening Long

90,445

3.3520  GBP

1p ordinary

SWAP

Closing Long

43,533

3.3502  GBP

1p ordinary

SWAP

Decreasing Short

753

3.3413  GBP

1p ordinary

SWAP

Decreasing Short

50,662

3.3517  GBP

1p ordinary

SWAP

Increasing Short

27,046

3.3510  GBP

1p ordinary

SWAP

Increasing Short

490

3.3510  GBP

1p ordinary

SWAP

Decreasing Short

193

3.3200  GBP

1p ordinary

SWAP

Decreasing Short

2,811

3.3339  GBP

1p ordinary

SWAP

Decreasing Short

11,311

3.3408  GBP

1p ordinary

SWAP

Decreasing Short

1,231

3.3440  GBP

1p ordinary

SWAP

Decreasing Short

14,293

3.3497  GBP

1p ordinary

SWAP

Increasing Short

56,487

3.3392  GBP

1p ordinary

SWAP

Increasing Short

2,249

3.3435  GBP

1p ordinary

SWAP

Increasing Short

22,512

3.3441  GBP

1p ordinary

SWAP

Increasing Short

29,127

3.3470  GBP

1p ordinary

SWAP

Increasing Short

637

3.3480  GBP

1p ordinary

SWAP

Increasing Short

34,412

3.3520  GBP

1p ordinary

SWAP

Increasing Short

13,240

3.3347  GBP

1p ordinary

SWAP

Increasing Short

10,103

3.3375  GBP

1p ordinary

SWAP

Increasing Short

35,020

3.3411  GBP

1p ordinary

SWAP

Increasing Short

6,545

3.3460  GBP

1p ordinary

SWAP

Increasing Short

155,895

3.3520  GBP

1p ordinary

SWAP

Decreasing Short

1,681

3.3409  GBP

1p ordinary

SWAP

Decreasing Short

1,241

3.3412  GBP

1p ordinary

SWAP

Decreasing Short

3,633

3.3417  GBP

1p ordinary

SWAP

Decreasing Short

385

3.3210  GBP

1p ordinary

SWAP

Increasing Short

3

3.3280  GBP

1p ordinary

SWAP

Increasing Short

17,705

3.3423  GBP

1p ordinary

SWAP

Increasing Short

53,634

3.3450  GBP

1p ordinary

SWAP

Increasing Short

33,516

3.3520  GBP

 








(c)

Stock-settled derivative transactions  (including options)

(i)

Writing, selling, purchasing or varying

Class

 of

 relevant

 security

Product

 description

Writing,

 purchasing,

 selling,

 varying etc

Number

 of

 securities

 to which

 option

 relates

Exercise

 price

 per unit

Type

Expiry

 date

Option

 money

 paid/

 received

 per unit

 

 

 

 

 

 

 

 

 








(ii)

Exercising

 






Class of relevant

 security

Product description

Exercising/ exercised against

Number of

 securities

Exercise price per

 unit

 

 

 

 

 

 








(d)

Other dealings (including subscribing for new securities)

Class of relevant

 security

Nature of Dealings

Details

Price per unit (if

 applicable)

 

 

 

 

4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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:

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 of future acquisition or disposal of any relevant securities to which

 any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

17 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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