Form 8.5 (EPT/RI)-International Distributions

JPMorgan Securities Plc

29 April 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:	26 April 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	562,044 870,850	2.8180 GBP 2.7840 GBP	2.7080 GBP 2.7120 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	2,697 3,318 1 9 12,906 62,686 152,202 141,784 986 2,000 15,781 1,946 4,344 5,039 29,647 100 587 15,314 1 24,003 1,250 2,129 24,037 22,513 15,365 4,660 122 37,630 7,232 6,518 12,166 78 83 21 261 1,477 10,482 52,021 45 800 44,100 474 16 184 38,582 1,306 868 596 12,795 801 1,360 7,378 68,839 679 226	2.7120 GBP 2.7143 GBP 2.7322 GBP 2.7440 GBP 2.7450 GBP 2.7120 GBP 2.7242 GBP 2.7326 GBP 2.7398 GBP 2.7399 GBP 2.7409 GBP 2.7507 GBP 2.7513 GBP 2.7566 GBP 2.7625 GBP 2.7660 GBP 2.7677 GBP 2.7696 GBP 2.7697 GBP 2.7128 GBP 2.7234 GBP 2.7296 GBP 2.7354 GBP 2.7497 GBP 2.7636 GBP 2.7839 GBP 2.7120 GBP 2.7123 GBP 2.7127 GBP 2.7128 GBP 2.7211 GBP 2.7308 GBP 2.7309 GBP 2.7313 GBP 2.7314 GBP 2.7317 GBP 2.7331 GBP 2.7380 GBP 2.7383 GBP 2.7428 GBP 2.7463 GBP 2.7498 GBP 2.7663 GBP 2.7723 GBP 2.7120 GBP 2.7295 GBP 2.7318 GBP 2.7322 GBP 2.7336 GBP 2.7377 GBP 2.7439 GBP 2.7121 GBP 2.7355 GBP 2.7428 GBP 2.7518 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:	29 April 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