Company Announcements

Form8.5(EPT/NON-RI)INTERNATIONAL DISTRIBUT SER PLC

Source: RNS
RNS Number : 4227O
Barclays PLC
14 May 2024
 

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:

13 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:

11,932,490

1.25%

5,276,852

0.55%

(2) Cash-settled derivatives:

3,042,250

0.32%

11,134,269

1.16%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

14,974,740

1.56%

16,411,121

1.71%

 








(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

 security

Purchase/sale

Total number of

 securities

Highest price per unit

 paid/received

Lowest price per unit

 paid/received

1p ordinary

Sale

1493706

2.9202  GBP

2.8140  GBP

1p ordinary

Purchase

890668

2.9200  GBP

2.8140  GBP

 








(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

3,476

2.8144  GBP

1p ordinary

CFD

Decreasing Long

5,231

2.8446  GBP

1p ordinary

SWAP

Decreasing Long

18,958

2.8382  GBP

1p ordinary

SWAP

Decreasing Long

31,303

2.8380  GBP

1p ordinary

CFD

Decreasing Long

94,831

2.8399  GBP

1p ordinary

CFD

Decreasing Long

375,257

2.8379  GBP

1p ordinary

SWAP

Decreasing Short

444

2.8393  GBP

1p ordinary

SWAP

Decreasing Short

707

2.8399  GBP

1p ordinary

SWAP

Decreasing Short

966

2.8502  GBP

1p ordinary

SWAP

Decreasing Short

1,271

2.8279  GBP

1p ordinary

SWAP

Decreasing Short

1,285

2.8433  GBP

1p ordinary

SWAP

Decreasing Short

1,432

2.8160  GBP

1p ordinary

SWAP

Decreasing Short

1,500

2.8307  GBP

1p ordinary

SWAP

Decreasing Short

1,547

2.8418  GBP

1p ordinary

SWAP

Decreasing Short

2,087

2.8329  GBP

1p ordinary

SWAP

Decreasing Short

2,248

2.8499  GBP

1p ordinary

SWAP

Decreasing Short

9,060

2.8560  GBP

1p ordinary

SWAP

Decreasing Short

9,364

2.8385  GBP

1p ordinary

SWAP

Decreasing Short

11,404

2.8432  GBP

1p ordinary

SWAP

Decreasing Short

16,564

2.8378  GBP

1p ordinary

SWAP

Decreasing Short

59,957

2.8375  GBP

1p ordinary

SWAP

Decreasing Short

64,478

2.8514  GBP

1p ordinary

SWAP

Decreasing Short

129,858

2.8379  GBP

1p ordinary

SWAP

Decreasing Short

250,000

2.8402  GBP

1p ordinary

SWAP

Decreasing Short

251,276

2.8323  GBP

1p ordinary

CFD

Increasing Long

75

2.8960  GBP

1p ordinary

CFD

Increasing Long

2,396

2.8476  GBP

1p ordinary

CFD

Increasing Long

375,182

2.8380  GBP

1p ordinary

SWAP

Increasing Short

100

2.8340  GBP

1p ordinary

SWAP

Increasing Short

151

2.8461  GBP

1p ordinary

SWAP

Increasing Short

605

2.8240  GBP

1p ordinary

SWAP

Increasing Short

3,846

2.8370  GBP

1p ordinary

SWAP

Increasing Short

6,280

2.8280  GBP

1p ordinary

SWAP

Increasing Short

8,601

2.8378  GBP

1p ordinary

SWAP

Increasing Short

41,424

2.8380  GBP

 








(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

 

 

 

 

 

 

 

 

 








(ii)

Exercising

 






Class of relevant

 security

Product description

Exercising/ exercised against

Number of

 securities

Exercise price per

 unit

 

 

 

 

 

 








(d)

Other dealings (including subscribing for new securities)

Class of relevant

 security

Nature of Dealings

Details

Price per unit (if

 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:

14 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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