Form 8.5 (EPT/NON-RI) -International Dist Serv plc

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:

22 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:

7,792,876

0.81%

5,425,017

0.57%

(2) Cash-settled derivatives:

3,120,844

0.33%

7,200,338

0.75%

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

0

0.00%

0

0.00%

TOTAL: 

10,913,720

1.14%

12,625,355

1.32%

(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

1445552

3.2760 GBP

3.2360 GBP

1p ordinary

Purchase

556785

3.2766 GBP

3.2392 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

1p ordinary

SWAP

Closing Long

3,724

3.2758 GBP

1p ordinary

SWAP

Closing Long

10,217

3.2458 GBP

1p ordinary

SWAP

Closing Long

27,680

3.2766 GBP

1p ordinary

SWAP

Closing Long

50,995

3.2760 GBP

1p ordinary

SWAP

Closing Long

65,658

3.2713 GBP

1p ordinary

SWAP

Closing Short

89

3.2760 GBP

1p ordinary

SWAP

Closing Short

15,411

3.2760 GBP

1p ordinary

SWAP

Closing Short

80,423

3.2502 GBP

1p ordinary

CFD

Decreasing Long

238,979

3.2759 GBP

1p ordinary

SWAP

Decreasing Short

160

3.2360 GBP

1p ordinary

SWAP

Decreasing Short

754

3.2496 GBP

1p ordinary

SWAP

Decreasing Short

1,076

3.2757 GBP

1p ordinary

SWAP

Decreasing Short

1,529

3.2488 GBP

1p ordinary

SWAP

Decreasing Short

1,995

3.2515 GBP

1p ordinary

SWAP

Decreasing Short

3,317

3.2500 GBP

1p ordinary

SWAP

Decreasing Short

3,660

3.2670 GBP

1p ordinary

SWAP

Decreasing Short

44,692

3.2501 GBP

1p ordinary

SWAP

Decreasing Short

117,923

3.2497 GBP

1p ordinary

SWAP

Decreasing Short

123,859

3.2760 GBP

1p ordinary

SWAP

Decreasing Short

136,575

3.2759 GBP

1p ordinary

CFD

Increasing Long

3,928

3.2559 GBP

1p ordinary

CFD

Increasing Long

14,858

3.2757 GBP

1p ordinary

CFD

Increasing Long

15,835

3.2760 GBP

1p ordinary

CFD

Increasing Long

22,986

3.2438 GBP

1p ordinary

SWAP

Increasing Short

352

3.2540 GBP

1p ordinary

SWAP

Increasing Short

1,037

3.2500 GBP

1p ordinary

SWAP

Increasing Short

1,168

3.2497 GBP

1p ordinary

SWAP

Increasing Short

1,620

3.2706 GBP

1p ordinary

SWAP

Increasing Short

3,802

3.2596 GBP

1p ordinary

SWAP

Opening Long

3,774

3.2489 GBP

1p ordinary

SWAP

Opening Long

5,606

3.2428 GBP

1p ordinary

SWAP

Opening Long

12,424

3.2438 GBP

1p ordinary

SWAP

Opening Long

27,002

3.2486 GBP

1p ordinary

SWAP

Opening Long

27,800

3.2418 GBP

1p ordinary

SWAP

Opening Long

30,500

3.2516 GBP

1p ordinary

SWAP

Opening Long

34,700

3.2424 GBP

1p ordinary

SWAP

Opening Long

35,603

3.2759 GBP

1p ordinary

SWAP

Opening Long

70,800

3.2453 GBP

1p ordinary

SWAP

Opening Long

103,800

3.2476 GBP

1p ordinary

SWAP

Opening Long

172,874

3.2466 GBP

1p ordinary

SWAP

Opening Long

197,471

3.2460 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:

23 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213