Last checked at 24 May 2024 11:35
FORM 8.5 (EPT/NON-RI) | |||||||
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN | |||||||
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS | |||||||
(OR WHERE RI STATUS IS NOT APPLICABLE) | |||||||
Rule 8.5 of the Takeover Code (the "Code") | |||||||
1. | KEY INFORMATION | ||||||
(a) | Name of exempt principal trader: | BARCLAYS CAPITAL SECURITIES LTD | |||||
(b) | Name of offeror/offeree in relation to whose relevant securities this form relates: | INTERNATIONAL DISTRIBUTIONS SERVICES PLC | |||||
(c) | Name of the party to the offer with which exempt principal trader is connected | INTERNATIONAL DISTRIBUTIONS SERVICES PLC | |||||
(d) | Date position held/dealing undertaken: | 23 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 the offer? | NO | |||||
2. | POSITIONS OF THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree | ||||||
| to which the disclosure relates following the dealing (if any) | ||||||
Class of relevant security: | 1p ordinary | ||||||
Interests | Short Positions | ||||||
Number | (%) | Number | (%) | ||||
(1) Relevant securities owned and/or controlled: | 8,644,528 | 0.90% | 5,883,156 | 0.61% | |||
(2) Cash-settled derivatives: | 3,578,994 | 0.37% | 8,052,001 | 0.84% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 12,223,522 | 1.28% | 13,935,157 | 1.45% | |||
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(b) | Rights to subscribe for new securities (including directors and other executive options) | ||||||
Class of relevant security in relation to which subscription right exists |
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Details, including nature of the rights concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchase and sales |
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Class of relevant security | Purchase/sale | Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received | |||
1p ordinary | Purchase | 1741715 | 3.2645 GBP | 3.1300 GBP | |||
1p ordinary | Sale | 1348202 | 3.2500 GBP | 3.1300 GBP | |||
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(b) | Cash-settled derivative transactions | ||||||
Class of relevant security | Product description | Nature of dealing | Number of reference securities | Price per unit | |||
1p ordinary | CFD | Decreasing Long | 178 | 3.1342 GBP | |||
1p ordinary | CFD | Decreasing Long | 200 | 3.1302 GBP | |||
1p ordinary | CFD | Decreasing Long | 2,332 | 3.2359 GBP | |||
1p ordinary | SWAP | Decreasing Long | 3,102 | 3.2645 GBP | |||
1p ordinary | SWAP | Decreasing Long | 12,601 | 3.1330 GBP | |||
1p ordinary | SWAP | Decreasing Long | 20,451 | 3.2365 GBP | |||
1p ordinary | SWAP | Decreasing Long | 26,542 | 3.1496 GBP | |||
1p ordinary | SWAP | Decreasing Long | 29,500 | 3.1843 GBP | |||
1p ordinary | SWAP | Decreasing Long | 31,500 | 3.1386 GBP | |||
1p ordinary | SWAP | Decreasing Long | 42,700 | 3.1351 GBP | |||
1p ordinary | SWAP | Decreasing Long | 48,500 | 3.2543 GBP | |||
1p ordinary | SWAP | Decreasing Long | 59,700 | 3.2420 GBP | |||
1p ordinary | SWAP | Decreasing Long | 70,500 | 3.1424 GBP | |||
1p ordinary | CFD | Decreasing Long | 156,526 | 3.1480 GBP | |||
1p ordinary | SWAP | Decreasing Short | 646 | 3.2423 GBP | |||
1p ordinary | SWAP | Decreasing Short | 1,456 | 3.2360 GBP | |||
1p ordinary | SWAP | Decreasing Short | 1,645 | 3.2420 GBP | |||
1p ordinary | SWAP | Decreasing Short | 1,726 | 3.2358 GBP | |||
1p ordinary | SWAP | Decreasing Short | 1,775 | 3.1722 GBP | |||
1p ordinary | SWAP | Decreasing Short | 2,320 | 3.2073 GBP | |||
1p ordinary | SWAP | Decreasing Short | 2,508 | 3.2427 GBP | |||
1p ordinary | SWAP | Decreasing Short | 2,814 | 3.2400 GBP | |||
1p ordinary | SWAP | Decreasing Short | 4,945 | 3.2088 GBP | |||
1p ordinary | SWAP | Decreasing Short | 6,563 | 3.2386 GBP | |||
1p ordinary | SWAP | Increasing Long | 3,948 | 3.1530 GBP | |||
1p ordinary | SWAP | Increasing Long | 8,865 | 3.1882 GBP | |||
1p ordinary | SWAP | Increasing Long | 9,504 | 3.2297 GBP | |||
1p ordinary | SWAP | Increasing Long | 27,800 | 3.1906 GBP | |||
1p ordinary | SWAP | Increasing Long | 54,700 | 3.2129 GBP | |||
1p ordinary | SWAP | Increasing Long | 57,227 | 3.1956 GBP | |||
1p ordinary | SWAP | Increasing Long | 77,105 | 3.1647 GBP | |||
1p ordinary | SWAP | Increasing Long | 104,387 | 3.2208 GBP | |||
1p ordinary | SWAP | Increasing Long | 125,930 | 3.1479 GBP | |||
1p ordinary | SWAP | Increasing Long | 174,941 | 3.1857 GBP | |||
1p ordinary | CFD | Increasing Long | 238,979 | 3.1479 GBP | |||
1p ordinary | SWAP | Increasing Short | 172 | 3.1570 GBP | |||
1p ordinary | SWAP | Increasing Short | 356 | 3.2166 GBP | |||
1p ordinary | SWAP | Increasing Short | 391 | 3.2420 GBP | |||
1p ordinary | SWAP | Increasing Short | 724 | 3.2440 GBP | |||
1p ordinary | SWAP | Increasing Short | 2,200 | 3.2113 GBP | |||
1p ordinary | SWAP | Increasing Short | 28,877 | 3.1491 GBP | |||
1p ordinary | SWAP | Increasing Short | 31,405 | 3.1649 GBP | |||
1p ordinary | SWAP | Increasing Short | 68,192 | 3.1480 GBP | |||
1p ordinary | SWAP | Increasing Short | 208,831 | 3.1663 GBP | |||
1p ordinary | SWAP | Increasing Short | 536,913 | 3.1692 GBP | |||
1p ordinary | SWAP | Opening Long | 2 | 3.1950 GBP | |||
1p ordinary | SWAP | Opening Long | 79,094 | 3.1832 GBP | |||
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(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class of relevant security | Product description | Writing, purchasing, selling, varying etc | Number of securities to which option relates | Exercise price per unit | Type | Expiry date | Option money paid/ received per unit |
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(ii) | Exercising |
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Class of relevant security | Product description | Exercising/ exercised against | Number of securities | Exercise price per unit | |||
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(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant security | Nature of Dealings | Details | Price per unit (if applicable) | ||||
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings 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: | |||||||
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 of future acquisition or disposal of any relevant securities to which any derivative is referenced: | |||||||
NONE | |||||||
(c) | Attachments | ||||||
Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 24 May 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||