Form 8.5 (EPT/RI)-International Distributions

JPMorgan Securities Plc

09 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:	8 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	698,356 342,202	2.8440 GBP 2.8458 GBP	2.7790 GBP 2.7797 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	435 8 3,915 772 1,177 1,380 780 142,073 13,207 107 434 4 2 7,117 36,650 266 1,399 1,500 3,000 3,810 7,342 11,808 90 166 4,194 277 155 929 1,701 128 15 7,608 2,926 4,095 616 11,030 18 2,483 12 13,376 21,544 50 1 1,399 14,574 46,632 27,988 4	2.7810 GBP 2.7820 GBP 2.7838 GBP 2.7869 GBP 2.7911 GBP 2.7939 GBP 2.7982 GBP 2.8140 GBP 2.8141 GBP 2.7797 GBP 2.7830 GBP 2.7837 GBP 2.7857 GBP 2.7976 GBP 2.7996 GBP 2.8017 GBP 2.8041 GBP 2.8046 GBP 2.8051 GBP 2.8079 GBP 2.8080 GBP 2.8088 GBP 2.8140 GBP 2.8223 GBP 2.8241 GBP 2.8318 GBP 2.8377 GBP 2.8458 GBP 2.7914 GBP 2.7916 GBP 2.7927 GBP 2.8065 GBP 2.8079 GBP 2.8136 GBP 2.8200 GBP 2.8228 GBP 2.7903 GBP 2.7914 GBP 2.7935 GBP 2.7945 GBP 2.7979 GBP 2.8019 GBP 2.8023 GBP 2.8041 GBP 2.8103 GBP 2.8120 GBP 2.8143 GBP 2.8260 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:	9 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