Form 8.5 (EPT/RI)

Citigroup Global Markets Limited

08 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:	Citigroup Global Markets Limited
(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:	EP Corporate Group a.s.
(d) Date dealing undertaken:	07 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	113,416	GBP 2.8120	GBP 2.7560
1p ordinary	Sale	1,584,202	GBP 2.8100	GBP 2.7580

(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	TRS	Reducing Long Position	6	GBP 2.7600
1p ordinary	TRS	Reducing Long Position	137	GBP 2.7620
1p ordinary	TRS	Reducing Long Position	106	GBP 2.7700
1p ordinary	TRS	Reducing Long Position	118	GBP 2.7740
1p ordinary	TRS	Reducing Long Position	215	GBP 2.7760
1p ordinary	TRS	Reducing Long Position	108	GBP 2.7780
1p ordinary	TRS	Reducing Long Position	972	GBP 2.7800
1p ordinary	TRS	Reducing Long Position	136	GBP 2.7820
1p ordinary	TRS	Reducing Long Position	143	GBP 2.7900
1p ordinary	TRS	Increasing Long Position	13	GBP 2.7660
1p ordinary	TRS	Increasing Long Position	52	GBP 2.7700
1p ordinary	TRS	Increasing Long Position	216	GBP 2.7760
1p ordinary	TRS	Increasing Long Position	56	GBP 2.7900
1p ordinary	TRS	Increasing Short Position	31,449	GBP 2.7800
1p ordinary	TRS	Reducing Short Position	14,518	GBP 2.7696
1p ordinary	TRS	Reducing Short Position	5,345	GBP 2.7738
1p ordinary	TRS	Reducing Short Position	3,378	GBP 2.7771
1p ordinary	TRS	Reducing Short Position	330,065	GBP 2.7783
1p ordinary	TRS	Reducing Short Position	424,126	GBP 2.7787
1p ordinary	TRS	Reducing Short Position	94,062	GBP 2.7810
1p ordinary	TRS	Reducing Short Position	870	GBP 2.7857
1p ordinary	TRS	Reducing Short Position	2,640	GBP 2.7955
1p ordinary	TRS	Reducing Short Position	63,293	GBP 2.7959
1p ordinary	TRS	Reducing Short Position	578,931	GBP 2.8058
1p ordinary	TRS	Increasing Short Position	22	GBP 2.7800
1p ordinary	TRS	Reducing Long Position	12,427	GBP 2.7818
1p ordinary	TRS	Reducing Long Position	757	GBP 2.7823
1p ordinary	TRS	Increasing Short Position	183	GBP 2.7800

(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:	08 May 2024
Contact name:	Christopher Alexander Pollock
Telephone number:	02895 954 053

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]. The Panels Market Surveillance Unit is available for consultation in relation to the Codes dealing disclosure requirements on [phone].

The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk.

 

END