International Distributions Services Regulatory News (IDS)

FORM 8.5 (EPT/NON-RI)- Amendment to section 3b

Replaces form released on 11:49 19/04/2024

RNS Number : 3639L

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

INTERNATIONAL DISTRIBUTIONS SERVICES PLC

 relevant securities this form relates:

(c)

Name of the party to the offer with which exempt

INTERNATIONAL DISTRIBUTIONS SERVICES PLC

 principal trader is connected

(d)

Date position held/dealing undertaken:

18-Apr-24

(e)

In addition to the company in 1(b) above, is the exempt principal

NA

 trader making disclosures in respect of any other party to the offer?

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:

11,478,062

1.19%

5,643,917

0.58%

(2) Cash-settled derivatives:

2,803,493

0.29%

10,844,984

1.13%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

14,281,555

1.48%

16,488,901

1.71%

 TOTAL:

(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to

 which subscription right exists

Details, including nature of the rights

 concerned and relevant percentages:

3

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchase and sales

Class of relevant

Purchase/sale

Total number of

Highest price per unit

Lowest price per unit

 security

 securities

 paid/received

 paid/received

1p ordinary

Sale

2336235

2.8534 GBP

2.6090 GBP

1p ordinary

Purchase

1046158

2.8241 GBP

2.6135 GBP

(b)

Cash-settled derivative transactions

Class of

Product description

Nature of dealing

Number of

Price per

 relevant

 reference

 unit

 security

 securities

1p ordinary

CFD

Opening Short

2,837

2.6909 GBP

1p ordinary

CFD

Opening Short

91,413

2.7018 GBP

1p ordinary

CFD

Opening Short

213,470

2.7540 GBP

1p ordinary

SWAP

Decreasing Long

10,970

2.6704 GBP

1p ordinary

SWAP

Decreasing Long

15,104

2.7290 GBP

1p ordinary

SWAP

Decreasing Long

20,190

2.6965 GBP

1p ordinary

SWAP

Decreasing Long

26,349

2.6135 GBP

1p ordinary

SWAP

Decreasing Long

49,800

2.6726 GBP

1p ordinary

SWAP

Decreasing Long

52,606

2.6696 GBP

1p ordinary

SWAP

Decreasing Short

812

2.7049 GBP

1p ordinary

SWAP

Decreasing Short

3,605

2.6952 GBP

1p ordinary

SWAP

Decreasing Short

5,630

2.7160 GBP

1p ordinary

SWAP

Decreasing Short

6,552

2.6964 GBP

1p ordinary

SWAP

Decreasing Short

6,629

2.6720 GBP

1p ordinary

SWAP

Decreasing Short

8,529

2.6985 GBP

1p ordinary

SWAP

Decreasing Short

11,800

2.6968 GBP

1p ordinary

SWAP

Decreasing Short

34,045

2.7288 GBP

1p ordinary

SWAP

Decreasing Short

34,700

2.7455 GBP

1p ordinary

SWAP

Decreasing Short

35,000

2.7163 GBP

1p ordinary

SWAP

Decreasing Short

35,750

2.6382 GBP

1p ordinary

SWAP

Decreasing Short

37,532

2.6784 GBP

1p ordinary

SWAP

Decreasing Short

37,918

2.6922 GBP

1p ordinary

SWAP

Decreasing Short

47,306

2.6885 GBP

1p ordinary

SWAP

Decreasing Short

58,642

2.7146 GBP

1p ordinary

SWAP

Decreasing Short

91,704

2.6854 GBP

1p ordinary

SWAP

Decreasing Short

195,346

2.6819 GBP

1p ordinary

SWAP

Decreasing Short

268,461

2.6998 GBP

1p ordinary

SWAP

Decreasing Short

548,793

2.7540 GBP

1p ordinary

SWAP

Increasing Long

1,812

2.6090 GBP

1p ordinary

SWAP

Increasing Long

3,305

2.6784 GBP

1p ordinary

SWAP

Increasing Long

3,826

2.6510 GBP

1p ordinary

SWAP

Increasing Long

7,312

2.7003 GBP

1p ordinary

SWAP

Increasing Long

8,356

2.6849 GBP

1p ordinary

SWAP

Increasing Long

25,110

2.6452 GBP

1p ordinary

SWAP

Increasing Long

35,737

2.6455 GBP

1p ordinary

SWAP

Increasing Short

272

2.6295 GBP

1p ordinary

SWAP

Increasing Short

1,125

2.7129 GBP

1p ordinary

SWAP

Increasing Short

1,261

2.7280 GBP

1p ordinary

SWAP

Increasing Short

2,242

2.6816 GBP

1p ordinary

SWAP

Increasing Short

3,236

2.7295 GBP

1p ordinary

SWAP

Increasing Short

4,826

2.6690 GBP

1p ordinary

SWAP

Increasing Short

5,250

2.6289 GBP

1p ordinary

SWAP

Increasing Short

9,383

2.6438 GBP

1p ordinary

SWAP

Increasing Short

31,505

2.7286 GBP

1p ordinary

SWAP

Increasing Short

49,113

2.6572 GBP

1p ordinary

SWAP

Increasing Short

230,576

2.7540 GBP

1p ordinary

CFD

Opening Long

308

2.7039 GBP

1p ordinary

CFD

Opening Long

4,768

2.6878 GBP

1p ordinary

CFD

Opening Long

6,562

2.6894 GBP

1p ordinary

CFD

Opening Long

13,290

2.7083 GBP

1p ordinary

CFD

Opening Long

49,690

2.6260 GBP

1p ordinary

CFD

Opening Long

76,468

2.6938 GBP

1p ordinary

CFD

Opening Long

478,274

2.6259 GBP

1p ordinary

SWAP

Opening Short

5,024

2.7270 GBP

1p ordinary

SWAP

Opening Short

6,108

2.7540 GBP

1p ordinary

SWAP

Opening Short

48,029

2.7232 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

 of

 description

 purchasing,

 of

 price

 date

 money

 relevant

 selling,

 securities

 per unit

 paid/

 security

 varying etc

 to which

 received

 option

 per unit

 relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

 security

 securities

 unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

 security

 applicable)

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:

03-May-24

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213