Last checked at 19 Apr 2024 11:38
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 |
| Merrill Lynch International | ||
| INTERNATIONAL DISTRIBUTIONS SERVICES PLC | ||
| INTERNATIONAL DISTRIBUTIONS SERVICES PLC | ||
| 18/04/2024 | ||
| 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 classof 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 unitpaid/received | Lowest price per unitpaid/received |
1p ordinary | Purchase | 1,159,675 | 2.778 GBP | 2.603 GBP |
1p ordinary | Sale | 658,973 | 2.756 GBP | 2.629 GBP |
(b) | Cash-settled derivative transactions |
Class of relevant security | Product descriptione.g. CFD | Nature of dealinge.g. opening/closing a long/short position, increasing/reducing along/short position | Number of reference securities | Price per unit |
1p ordinary | Swaps - Equity Swaps | Closing a Short Position | 1,248 | 2.683 GBP |
1p ordinary | Swaps - Equity Swaps | Reducing a Long Position | 1,433 | 2.702 GBP |
1p ordinary | Swaps - Equity Swaps | Reducing a Long Position | 9,337 | 2.686 GBP |
1p ordinary | Swaps - Equity Swaps | Closing a Long Position | 39,466 | 2.699 GBP |
1p ordinary | Swaps - Equity Swaps | Closing a Long Position | 178 | 2.626 GBP |
1p ordinary | Swaps - Equity Swaps | Reducing a Long Position | 19,075 | 2.626 GBP |
1p ordinary | Swaps - Equity Swaps | Reducing a Long Position | 13,104 | 2.626 GBP |
1p ordinary | Swaps - Equity Swaps | Reducing a Long Position | 32 | 2.626 GBP |
1p ordinary | Swaps - Equity Swaps | Reducing a Long Position | 6,301 | 2.626 GBP |
1p ordinary | Swaps - Equity Swaps | Increasing a Short Position | 3,752 | 2.718 GBP |
1p ordinary | Swaps - Equity Swaps | Reducing a Short Position | 4,153 | 2.729 GBP |
1p ordinary | Swaps - Equity Swaps | Reducing a Short Position | 5,300 | 2.729 GBP |
1p ordinary | Swaps - Equity Swaps | Opening a Long Position | 7,212 | 2.754 GBP |
1p ordinary | Swaps - Equity Swaps | Closing a Long Position | 7,644 | 2.757 GBP |
1p ordinary | Swaps - Equity Swaps | Closing a Short Position | 12,439 | 2.754 GBP |
1p ordinary | Swaps - Equity Swaps | Closing a Short Position | 1,262 | 2.643 GBP |
1p ordinary | Swaps - Equity Swaps | Increasing a Short Position | 1,262 | 2.687 GBP |
1p ordinary | Swaps - Equity Swaps | Reducing a Short Position | 5,303 | 2.643 GBP |
1p ordinary | Swaps - Equity Swaps | Reducing a Short Position | 12,083 | 2.643 GBP |
1p ordinary | Swaps - Equity Swaps | Closing a Short Position | 2,875 | 2.643 GBP |
1p ordinary | Swaps - Equity Swaps | Increasing a Short Position | 2,875 | 2.687 GBP |
1p ordinary | Swaps - Equity Swaps | Closing a Long Position | 11,000 | 2.626 GBP |
1p ordinary | Swaps - Equity Swaps | Increasing a Long Position | 29,531 | 2.748 GBP |
1p ordinary | Swaps - Equity Swaps | Reducing a Long Position | 478,274 | 2.626 GBP |
1p ordinary | Swaps - Equity Swaps | Reducing a Long Position | 4,942 | 2.696 GBP |
1p ordinary | Swaps - Equity Swaps | Opening a Short Position | 181 | 2.686 GBP |
1p ordinary | Swaps - Equity Swaps | Reducing a Short Position | 181 | 2.786 GBP |
1p ordinary | Swaps - Equity Swaps | Opening a Long Position | 9,057 | 2.786 GBP |
1p ordinary | Swaps - Equity Swaps | Reducing a Short Position | 3,489 | 2.683 GBP |
(c) | Stock-settled derivative transactions (including options) |
(i) | Writing, selling, purchasing or varying |
Class ofrelevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number ofsecurities to which option relates | Exercise priceper unit | Typee.g. American, European etc. | Expiry date | Option money paid/ received per unit |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) | Exercise |
Class of relevant security | Product descriptione.g. call option | Exercising/exercisedagainst | Number of securities | Exercise Price per unit |
N/A | N/A | N/A | N/A | N/A |
(d) | Other dealings (including subscribing for new securities) |
Class of relevant security | Nature of dealinge.g. subscription, conversion | Details | Price per unit (if applicable) |
N/A | N/A | N/A | N/A |
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: | 19/04/2024 |
Contact name: | Frank Lui |
Telephone number: | +44207 996 6418 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory InformationService.The Panel's Market Surveillance Unit is available for consultation in relation to the Code'sdealing disclosure requirements on +44 (0)20 7638 0129.The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.