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28 Apr 2025 07:00
International Distribution Services plc
(Incorporated in England and Wales)
Company Number: 8680755
LSE Share Code: IDS
ISIN: GB00BDVZYZ77
LEI: 213800TCZZU84G8Z2M70
28 April 2025
Listing Application
International Distribution Services plc (the "Company" or "IDS") announces that, in connection with the recommended cash offer made by EP UK Bidco Limited to acquire the entire issued and to be issued share capital of the Company, other than the IDS Shares owned or controlled by VESA Equity Investment S.à.r.l. (the "Offer"), 6,344,937 ordinary shares of £0.01 each in the Company (the "Shares") are to be issued to satisfy awards under the IDS Deferred Share Bonus Plan and the IDS Long Term Incentive Plan if the Offer becomes or is declared Unconditional.
Following the Offer becoming or being declared Unconditional, the Company will allot and issue the Shares. When issued, the Shares shall rank pari passu with the existing issued ordinary shares of the Company.
Applications have been made to the Financial Conduct Authority and the London Stock Exchange for the Shares to be admitted to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange. It is currently expected that the Shares will be admitted at 8 a.m. on the second trading day following the Offer becoming or being declared Unconditional.
Terms used but not defined in this announcement have the same meaning given to them in the formal offer document in respect of the Offer published on 26 June 2024 and made available to IDS Shareholders and to persons with information rights and participants in the IDS Share Plans.
Enquiries:
Investor Relations
Email: investorrelations@ids-plc.com
Media Relations
Jenny Hall
Phone: 07776 993 036
Email: jenny.hall@ids-plc.com
Greg Sage
Phone: 07483 421 374
Email: greg.sage@ids-plc.com
Press office: pressoffice@ids-plc.com
Company Secretary
Matthew Newman
Email: cosec@ids-plc.com
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