Form 8.5 (EPT/NON-RI) - International Dist Srv 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 DISTRIBUTION SERVICES PLC

(c)

Name of the party to the offer with which exempt principal trader is connected

INTERNATIONAL DISTRIBUTION SERVICES PLC

(d)

Date position held/dealing undertaken:

29 Jul 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:

20,930,500

2.18%

2,013,464

0.21%

(2) Cash-settled derivatives:

1,307,543

0.14%

20,250,986

2.11%

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

0

0.00%

0

0.00%

TOTAL: 

22,238,043

2.32%

22,264,450

2.32%

(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

Purchase

1144623

3.4660 GBP

3.4409 GBP

1p ordinary

Sale

498917

3.4660 GBP

3.4417 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

Decreasing Long

3,502

3.4473 GBP

1p ordinary

CFD

Decreasing Short

450

3.4438 GBP

1p ordinary

CFD

Decreasing Short

6,026

3.4588 GBP

1p ordinary

CFD

Decreasing Short

48

3.4593 GBP

1p ordinary

CFD

Decreasing Short

16,404

3.4656 GBP

1p ordinary

CFD

Decreasing Short

100,854

3.4659 GBP

1p ordinary

CFD

Increasing Short

645

3.4462 GBP

1p ordinary

CFD

Increasing Short

57,300

3.4660 GBP

1p ordinary

SWAP

Decreasing Short

8,859

3.4477 GBP

1p ordinary

SWAP

Increasing Short

200

3.4449 GBP

1p ordinary

SWAP

Increasing Short

487

3.4477 GBP

1p ordinary

SWAP

Opening Long

12,830

3.4660 GBP

1p ordinary

SWAP

Decreasing Long

140

3.4500 GBP

1p ordinary

SWAP

Closing Long

7,974

3.4545 GBP

1p ordinary

SWAP

Increasing Short

920

3.4400 GBP

1p ordinary

SWAP

Decreasing Short

798

3.4502 GBP

1p ordinary

SWAP

Increasing Short

48,113

3.4597 GBP

1p ordinary

SWAP

Decreasing Long

270,000

3.4477 GBP

1p ordinary

SWAP

Decreasing Long

230,000

3.4497 GBP

1p ordinary

SWAP

Increasing Short

998

3.4597 GBP

1p ordinary

SWAP

Decreasing Short

37,435

3.4660 GBP

1p ordinary

SWAP

Increasing Short

360

3.4400 GBP

1p ordinary

SWAP

Increasing Short

34,110

3.4454 GBP

1p ordinary

SWAP

Increasing Short

870

3.4460 GBP

1p ordinary

SWAP

Increasing Short

5,547

3.4464 GBP

1p ordinary

SWAP

Increasing Short

1,893

3.4480 GBP

1p ordinary

SWAP

Increasing Short

69,581

3.4619 GBP

1p ordinary

SWAP

Decreasing Short

1,355

3.4417 GBP

1p ordinary

SWAP

Decreasing Short

2,407

3.4421 GBP

1p ordinary

SWAP

Decreasing Short

24,064

3.4426 GBP

1p ordinary

SWAP

Decreasing Short

1,235

3.4439 GBP

1p ordinary

SWAP

Decreasing Short

11,972

3.4659 GBP

1p ordinary

SWAP

Increasing Short

1,953

3.4462 GBP

1p ordinary

SWAP

Increasing Short

7,140

3.4500 GBP

1p ordinary

SWAP

Increasing Short

2,571

3.4660 GBP

1p ordinary

SWAP

Decreasing Short

4,937

3.4477 GBP

1p ordinary

SWAP

Decreasing Short

1,773

3.4500 GBP

1p ordinary

SWAP

Decreasing Long

87,800

3.4599 GBP

1p ordinary

SWAP

Decreasing Short

1,274

3.4380 GBP

1p ordinary

SWAP

Decreasing Short

19,374

3.4660 GBP

1p ordinary

SWAP

Increasing Short

641

3.4420 GBP

1p ordinary

SWAP

Increasing Short

9,853

3.4521 GBP

1p ordinary

SWAP

Increasing Short

3,885

3.4524 GBP

1p ordinary

SWAP

Increasing Short

905

3.4540 GBP

1p ordinary

SWAP

Increasing Short

67,707

3.4622 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:

30 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213