Form 8.3 - International Distribution Services plc

Societe Generale SA

24 September 2024

 

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Full name of discloser:	SOCIETE GENERALE SA
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	International Distribution Services plc
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken:      For an opening position disclosure, state the latest practicable date prior to the disclosure	23/09/2024
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	N/A

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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:	10,547,328	1.10	32,499	0.00
(2)  Cash-settled derivatives:	19,001	0.00	96,867	0.01
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	10,566,329	1.10	129,366	0.01

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)        Rights to subscribe for new securities (including directors' and other employee 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 PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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	Purchase/sale	Number of securities	Price per unit GBP
1p ordinary	Purchase	63	3.412
1p ordinary	Purchase	275	3.406
1p ordinary	Purchase	8	3.412
1p ordinary	Purchase	43	3.412
1p ordinary	Purchase	132	3.412
1p ordinary	Purchase	58	3.414
1p ordinary	Purchase	345	3.414
1p ordinary	Purchase	44	3.412
1p ordinary	Purchase	150	3.412
1p ordinary	Purchase	78	3.411
1p ordinary	Purchase	50	3.416
1p ordinary	Purchase	85	3.412
1p ordinary	Purchase	39	3.416
1p ordinary	Purchase	208	3.413
1p ordinary	Purchase	67	3.412
1p ordinary	Purchase	88	3.414
1p ordinary	Purchase	17	3.412
1p ordinary	Purchase	25	3.412
1p ordinary	Purchase	6	3.412
1p ordinary	Purchase	29	3.412
1p ordinary	Purchase	2	3.41
1p ordinary	Purchase	329	3.412
1p ordinary	Purchase	60	3.412
1p ordinary	Purchase	80	3.412
1p ordinary	Purchase	17	3.412
1p ordinary	Purchase	1	3.412
1p ordinary	Purchase	79	3.412
1p ordinary	Purchase	64	3.412
1p ordinary	Purchase	145	3.412
1p ordinary	Purchase	13	3.412
1p ordinary	Purchase	159	3.412
1p ordinary	Purchase	80	3.412
1p ordinary	Purchase	114	3.412
1p ordinary	Purchase	177	3.412
1p ordinary	Purchase	1,376	3.412
1p ordinary	Purchase	1,959	3.412
1p ordinary	Purchase	2,207	3.412
1p ordinary	Purchase	2,459	3.412
1p ordinary	Purchase	2,715	3.412
1p ordinary	Purchase	3,849	3.412
1p ordinary	Purchase	4,037	3.412
1p ordinary	Purchase	4,510	3.412
1p ordinary	Purchase	8,890	3.412
1p ordinary	Purchase	860	3.412
1p ordinary	Purchase	51	3.412
1p ordinary	Purchase	100	3.412
1p ordinary	Purchase	125	3.412
1p ordinary	Purchase	194	3.412
1p ordinary	Purchase	319	3.412
1p ordinary	Purchase	408	3.412
1p ordinary	Purchase	512	3.412
1p ordinary	Purchase	920	3.412
1p ordinary	Purchase	80	3.412
1p ordinary	Purchase	5,640	3.412
1p ordinary	Purchase	11	3.416
1p ordinary	Purchase	8	3.416
1p ordinary	Purchase	10	3.416
1p ordinary	Purchase	14	3.416
1p ordinary	Purchase	10	3.416
1p ordinary	Purchase	14	3.416
1p ordinary	Purchase	10	3.416
1p ordinary	Purchase	15	3.414
1p ordinary	Purchase	8	3.416
1p ordinary	Purchase	10	3.416
1p ordinary	Purchase	8	3.416
1p ordinary	Purchase	8	3.416
1p ordinary	Purchase	9	3.416
1p ordinary	Purchase	14	3.416
1p ordinary	Purchase	8	3.416
1p ordinary	Purchase	11	3.416
1p ordinary	Purchase	8	3.416
1p ordinary	Purchase	8	3.416
1p ordinary	Purchase	9	3.416
1p ordinary	Purchase	9	3.416
1p ordinary	Purchase	13	3.416
1p ordinary	Purchase	8	3.416
1p ordinary	Purchase	8	3.416
1p ordinary	Purchase	14	3.416
1p ordinary	Purchase	9	3.416
1p ordinary	Purchase	9	3.416
1p ordinary	Purchase	16	3.416
1p ordinary	Purchase	9	3.416
1p ordinary	Purchase	14	3.416
1p ordinary	Purchase	100	3.416
1p ordinary	Purchase	10	3.416
1p ordinary	Purchase	11	3.416
1p ordinary	Purchase	17	3.416
1p ordinary	Purchase	9	3.416
1p ordinary	Purchase	12	3.416
1p ordinary	Purchase	13	3.416
1p ordinary	Purchase	9	3.416
1p ordinary	Purchase	12	3.416
1p ordinary	Purchase	12	3.416
1p ordinary	Purchase	28	3.416
1p ordinary	Purchase	16	3.416
1p ordinary	Sale	13	3.41
1p ordinary	Sale	114	3.412
1p ordinary	Sale	188	3.412
1p ordinary	Sale	13	3.41
1p ordinary	Sale	5,640	3.412
1p ordinary	Sale	2,000	3.41
1p ordinary	Sale	338	3.414
1p ordinary	Sale	800	3.414
1p ordinary	Sale	1,265	3.412
1p ordinary	Sale	9	3.416
1p ordinary	Sale	100	3.416
1p ordinary	Sale	14	3.416
1p ordinary	Sale	9	3.416

(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 GBP
1p ordinary	CFD	Reducing a long position	63	3.412
1p ordinary	CFD	Reducing a long position	275	3.406
1p ordinary	CFD	Reducing a long position	8	3.412
1p ordinary	CFD	Reducing a long position	43	3.412
1p ordinary	CFD	Reducing a long position	132	3.412
1p ordinary	CFD	Reducing a long position	58	3.414
1p ordinary	CFD	Reducing a long position	345	3.414
1p ordinary	CFD	Reducing a long position	44	3.412
1p ordinary	CFD	Reducing a long position	150	3.412
1p ordinary	CFD	Reducing a long position	78	3.411
1p ordinary	CFD	Reducing a long position	50	3.416
1p ordinary	CFD	Reducing a long position	85	3.412
1p ordinary	CFD	Reducing a long position	39	3.416
1p ordinary	CFD	Reducing a long position	208	3.413
1p ordinary	CFD	Reducing a long position	67	3.412
1p ordinary	CFD	Reducing a long position	88	3.414
1p ordinary	CFD	Reducing a long position	17	3.412
1p ordinary	CFD	Reducing a long position	25	3.412
1p ordinary	CFD	Reducing a long position	6	3.412
1p ordinary	CFD	Reducing a long position	29	3.412
1p ordinary	CFD	Reducing a long position	2	3.41
1p ordinary	CFD	Reducing a long position	329	3.412
1p ordinary	CFD	Reducing a long position	60	3.412
1p ordinary	CFD	Reducing a long position	80	3.412
1p ordinary	CFD	Reducing a long position	17	3.412
1p ordinary	CFD	Reducing a long position	1	3.412
1p ordinary	CFD	Reducing a long position	79	3.412
1p ordinary	CFD	Reducing a long position	64	3.412
1p ordinary	CFD	Reducing a long position	145	3.412
1p ordinary	CFD	Reducing a long position	13	3.412
1p ordinary	CFD	Reducing a long position	159	3.412
1p ordinary	CFD	Increasing a long position	13	3.41
1p ordinary	CFD	Increasing a long position	114	3.412
1p ordinary	CFD	Increasing a long position	188	3.412
1p ordinary	CFD	Increasing a long position	13	3.41

(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)

4.         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 person 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 person 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

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	24/09/2024
Contact name:	Paul Jenkins
Telephone number:	[phone]

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 disclosure requirements on [phone].

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

 

END