Form 8.5 (EPT/NON-RI)INTERNATIONAL DIST SVC 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

INTERNATIONAL DISTRIBUTION SERVICES PLC

relevant securities this form relates:

(c)

Name of the party to the offer with which exempt

INTERNATIONAL DISTRIBUTION SERVICES PLC

principal trader is connected

(d)

Date position held/dealing undertaken:

01 Aug 2024

(e)

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

NO

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:

23,256,871

2.43%

1,210,835

0.13%

(2)

Cash-settled derivatives:

and/or controlled:

597,782

0.06%

22,221,186

2.32%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

23,854,653

2.49%

23,432,021

2.45%

(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)

Purchases 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

Purchase

2,230,937

3.4800 GBP

3.4417 GBP

1p ordinary

Sale

619,243

3.4781 GBP

3.4280 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

1p ordinary

SWAP

Decreasing Long

20

3.4620 GBP

1p ordinary

CFD

Decreasing Short

593

3.4803 GBP

1p ordinary

CFD

Increasing Short

3,570

3.4609 GBP

1p ordinary

CFD

Increasing Short

55,705

3.4700 GBP

1p ordinary

SWAP

Decreasing Short

7,812

3.4627 GBP

1p ordinary

SWAP

Increasing Short

80

3.4620 GBP

1p ordinary

SWAP

Opening Long

15,315

3.4598 GBP

1p ordinary

SWAP

Increasing Long

100,221

3.4700 GBP

1p ordinary

SWAP

Opening Short

209,968

3.4678 GBP

1p ordinary

SWAP

Decreasing Short

867

3.4658 GBP

1p ordinary

SWAP

Decreasing Short

15,010

3.4681 GBP

1p ordinary

SWAP

Decreasing Short

115

3.4522 GBP

1p ordinary

SWAP

Decreasing Short

19,622

3.4604 GBP

1p ordinary

SWAP

Decreasing Short

4,867

3.4617 GBP

1p ordinary

SWAP

Decreasing Short

154,062

3.4626 GBP

1p ordinary

SWAP

Decreasing Short

3,504

3.4668 GBP

1p ordinary

SWAP

Decreasing Short

7,242

3.4700 GBP

1p ordinary

SWAP

Increasing Short

30,000

3.4417 GBP

1p ordinary

SWAP

Increasing Short

51,541

3.4493 GBP

1p ordinary

SWAP

Increasing Short

157,000

3.4567 GBP

1p ordinary

SWAP

Increasing Short

4,595

3.4596 GBP

1p ordinary

SWAP

Increasing Short

1,847

3.4606 GBP

1p ordinary

SWAP

Increasing Short

143,000

3.4617 GBP

1p ordinary

SWAP

Increasing Short

92

3.4700 GBP

1p ordinary

SWAP

Increasing Short

27,807

3.4706 GBP

1p ordinary

SWAP

Decreasing Short

10,902

3.4521 GBP

1p ordinary

SWAP

Decreasing Short

5,744

3.4559 GBP

1p ordinary

SWAP

Decreasing Short

1,815

3.4603 GBP

1p ordinary

SWAP

Increasing Short

22,931

3.4700 GBP

1p ordinary

SWAP

Increasing Short

3,567

3.4772 GBP

1p ordinary

SWAP

Increasing Short

23,724

3.4778 GBP

1p ordinary

SWAP

Increasing Short

85,371

3.4797 GBP

1p ordinary

SWAP

Increasing Short

3,368

3.4807 GBP

1p ordinary

SWAP

Decreasing Short

2,143

3.4619 GBP

1p ordinary

SWAP

Decreasing Short

2,141

3.4741 GBP

1p ordinary

SWAP

Increasing Long

23,000

3.4472 GBP

1p ordinary

SWAP

Decreasing Long

17,123

3.4560 GBP

1p ordinary

SWAP

Decreasing Long

77,500

3.4652 GBP

1p ordinary

SWAP

Decreasing Long

95,000

3.4716 GBP

1p ordinary

SWAP

Decreasing Short

230

3.4393 GBP

1p ordinary

SWAP

Decreasing Short

13,905

3.4610 GBP

1p ordinary

SWAP

Decreasing Short

6,833

3.4616 GBP

1p ordinary

SWAP

Decreasing Short

17,868

3.4700 GBP

1p ordinary

SWAP

Increasing Short

70,000

3.4417 GBP

1p ordinary

SWAP

Increasing Short

393,000

3.4567 GBP

1p ordinary

SWAP

Increasing Short

357,000

3.4617 GBP

1p ordinary

SWAP

Increasing Short

37,327

3.4665 GBP

1p ordinary

SWAP

Increasing Short

8,442

3.4715 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:

02 Aug 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213