Member Info for MariR

Can someone clarify please as I have a few shares, if I do nothing will I be paid 3.60 or 3.70 in June or do I need to accept/respond to the corporate acction offer? Alliance News says 2.70 is it an error?

Wed, 28th May 2025 10:23

Alliance News

International Distribution Services PLC - London-based owner of Royal Mail - EP Corporate says it now has received 90.15% acceptances of its GBP3.6 billion takeover offer. As a result of passing the 90% threshold, EP Corporate, the vehicle of Czech billionaire Daniel Kretinsky, will now move to compulsory acquisition of remaining IDS shares. EP Corporate expects to cancel the trading of IDS shares on the London Stock Exchange by Monday next week. Under the terms of the offer, shareholders will receive 370 pence for each IDS share. The deadline for acceptances is June 11.