Form 8.3 -International Distrubutions Services plc

Equiniti Share Plan Trustees Ltd

20 May 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:	Equiniti Share Plan Trustees Limited
(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.	Trustee: Equiniti Share Plan Trustees Limited Beneficiaries: IDS employee beneficiaries of Royal Mail Share Incentive Plan Settlor: International Distributions Services plc
(c) 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
(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	17th May 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:	Ordinary shares of 1p each
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	53,853,114*	5.62%
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	53,853,114*	5.62%

*The change in the holding of 913 shares since the last disclosure on 17^th May 2024 is due to the transfer out of a discretionary holding. 

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
Ordinary 1p shares	Sale	913	£3.2167
Ordinary 1p shares	Sale	96	£3.2167
Ordinary 1p shares	Sale	167	£3.2107
Ordinary 1p shares	Sale	913	£3.2247
Ordinary 1p shares	Sale	705	£3.2367
Ordinary 1p shares	Sale	271	£3.2187
Ordinary 1p shares	Sale	1,543	£3.1987
Ordinary 1p shares	Sale	790	£3.2267
Ordinary 1p shares	Sale	1,076	£3.2167
Ordinary 1p shares	Sale	184	£3.2167
Ordinary 1p shares	Sale	952	£3.2287
Ordinary 1p shares	Sale	300	£3.2127
Ordinary 1p shares	Sale	313	£3.2207
Ordinary 1p shares	Sale	144	£3.2167
Ordinary 1p shares	Sale	1,000	£3.2287
Ordinary 1p shares	Sale	274	£3.2267
Ordinary 1p shares	Sale	63	£3.2167
Ordinary 1p shares	Sale	81	£3.2187
Ordinary 1p shares	Sale	184	£3.2167
Ordinary 1p shares	Sale	300	£3.2027
Ordinary 1p shares	Sale	1,180	£3.2227
Ordinary 1p shares	Sale	184	£3.2207
Ordinary 1p shares	Sale	1,000	£3.2167
Ordinary 1p shares	Sale	50	£3.2167
Ordinary 1p shares	Sale	1,818	£3.2347
Ordinary 1p shares	Sale	913	£3.1907
Ordinary 1p shares	Sale	217	£3.2167
Ordinary 1p shares	Sale	258	£3.2187
Ordinary 1p shares	Sale	1,212	£3.2027
Ordinary 1p shares	Sale	81	£3.2187
Ordinary 1p shares	Sale	1,865	£3.2207
Ordinary 1p shares	Sale	500	£3.2087
Ordinary 1p shares	Sale	31	£3.2107
Ordinary 1p shares	Sale	87	£3.2107
Ordinary 1p shares	Sale	300	£3.2287
Ordinary 1p shares	Sale	1,110	£3.2147
Ordinary 1p shares	Sale	400	£3.2107
Ordinary 1p shares	Sale	913	£3.2347
Ordinary 1p shares	Sale	357	£3.2287
Ordinary 1p shares	Sale	913	£3.2087
Ordinary 1p shares	Sale	913	£3.2367
Ordinary 1p shares	Sale	183	£3.2167
Ordinary 1p shares	Sale	1,976	£3.2267
Ordinary 1p shares	Sale	48	£3.1907
Ordinary 1p shares	Sale	50	£3.2207
Ordinary 1p shares	Sale	294	£3.2167
Ordinary 1p shares	Sale	1,200	£3.2187
Ordinary 1p shares	Sale	295	£3.2207
Ordinary 1p shares	Sale	375	£3.2247
Ordinary 1p shares	Sale	47	£3.2347
Ordinary 1p shares	Sale	140	£3.2027
Ordinary 1p shares	Sale	322	£3.2147
Ordinary 1p shares	Sale	81	£3.2267
Ordinary 1p shares	Sale	113	£3.2107
Ordinary 1p shares	Sale	1,321	£3.2107
Ordinary 1p shares	Sale	130	£3.1947
Ordinary 1p shares	Sale	913	£3.2267
Ordinary 1p shares	Sale	148	£3.1947
Ordinary 1p shares	Sale	913	£3.2107
Ordinary 1p shares	Sale	827	£3.2187
Ordinary 1p shares	Sale	282	£3.2187
Ordinary 1p shares	Sale	913	£3.1867
Ordinary 1p shares	Sale	200	£3.2247
Ordinary 1p shares	Sale	913	£3.2207
Ordinary 1p shares	Sale	913	£3.2127
Ordinary 1p shares	Sale	539	£3.2347
Ordinary 1p shares	Sale	600	£3.2067
Ordinary 1p shares	Sale	20	£3.2027
Ordinary 1p shares	Sale	300	£3.1987
Ordinary 1p shares	Sale	127	£3.2347
Ordinary 1p shares	Sale	899	£3.2227
Ordinary 1p shares	Sale	913	£3.2087
Ordinary 1p shares	Sale	81	£3.2207
Ordinary 1p shares	Sale	158	£3.2247
Ordinary 1p shares	Sale	158	£3.2207
Ordinary 1p shares	Sale	2,000	£3.2307
Ordinary 1p shares	Sale	913	£3.2163
Ordinary 1p shares	Sale	163	£3.2187
Ordinary 1p shares	Sale	81	£3.2167
Ordinary 1p shares	Sale	306	£3.2227
Ordinary 1p shares	Sale	913	£3.2227
Ordinary 1p shares	Sale	123	£3.2247
Ordinary 1p shares	Sale	695	£3.2187
Ordinary 1p shares	Sale	375	£3.2167
Ordinary 1p shares	Sale	549	£3.2247
Ordinary 1p shares	Sale	917	£3.2247
Ordinary 1p shares	Sale	41	£3.2207
Ordinary 1p shares	Sale	114	£3.2127
Ordinary 1p shares	Sale	83	£3.2207
Ordinary 1p shares	Sale	162	£3.2307
Ordinary 1p shares	Sale	322	£3.2207
Ordinary 1p shares	Sale	150	£3.2167
Ordinary 1p shares	Sale	81	£3.1987
Ordinary 1p shares	Sale	82	£3.2247
Ordinary 1p shares	Sale	168	£3.2087
Ordinary 1p shares	Sale	259	£3.2027
Ordinary 1p shares	Sale	81	£3.2127
Ordinary 1p shares	Sale	500	£3.2207
Ordinary 1p shares	Sale	110	£3.2207
Ordinary 1p shares	Sale	294	£3.2247
Ordinary 1p shares	Sale	1,253	£3.2087
Ordinary 1p shares	Sale	45	£3.2167
Ordinary 1p shares	Sale	2,657	£3.2187
Ordinary 1p shares	Sale	2,564	£3.2387
Ordinary 1p shares	Sale	1,193	£3.1947
Ordinary 1p shares	Sale	200	£3.2207
Ordinary 1p shares	Sale	200	£3.2267
Ordinary 1p shares	Sale	197	£3.2107
Ordinary 1p shares	Sale	159	£3.2207
Ordinary 1p shares	Sale	429	£3.2347
Ordinary 1p shares	Sale	420	£3.2167
Ordinary 1p shares	Sale	31	£3.2267
Ordinary 1p shares	Sale	15,160	£3.225740

(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

(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:	20th May 2024
Contact name:	Wendy Butcher
Telephone number*:	07834 946627

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].

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

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

 

END