Form 8.5 (EPT/RI)-International Distributions plc

JPMorgan Securities Plc

23 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:	22 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	1,647,291 1,788,269	3.2760 GBP 3.2760 GBP	3.2340 GBP 3.2320 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	61,595 1,387 67,688 1,699 57,928 4,117 98,831 36,003 79,272 6,985 1,176 7,309 3,193 2,197 635 2,136 1,930 1,400 86 4,080 79,755 118 10 20,824 1,633 61 184 2,230 3,381 15,286 547 1,447 2,197 2,832 1,044 471 22,700 2,312 23,595 4,923 89 9,932 15,729 2,678 445 1,799 329 12,392 823 1,648 484 9,117 1,431 9,347	3.2527 GBP 3.2603 GBP 3.2760 GBP 3.2396 GBP 3.2410 GBP 3.2422 GBP 3.2451 GBP 3.2459 GBP 3.2467 GBP 3.2468 GBP 3.2500 GBP 3.2510 GBP 3.2518 GBP 3.2527 GBP 3.2539 GBP 3.2577 GBP 3.2618 GBP 3.2739 GBP 3.2757 GBP 3.2759 GBP 3.2760 GBP 3.2320 GBP 3.2437 GBP 3.2459 GBP 3.2462 GBP 3.2535 GBP 3.2557 GBP 3.2668 GBP 3.2760 GBP 3.2371 GBP 3.2460 GBP 3.2467 GBP 3.2527 GBP 3.2533 GBP 3.2579 GBP 3.2580 GBP 3.2581 GBP 3.2590 GBP 3.2620 GBP 3.2713 GBP 3.2760 GBP 3.2763 GBP 3.2765 GBP 3.2508 GBP 3.2580 GBP 3.2588 GBP 3.2590 GBP 3.2599 GBP 3.2461 GBP 3.2514 GBP 3.2515 GBP 3.2528 GBP 3.2541 GBP 3.2762 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:	23 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 [phone].

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

 

END