Form 8.5 (EPT/NON-RI)INTERNATIONAL DISTRIBUT SERV

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:

18 Jun 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:

15,079,299

1.57%

5,154,920

0.54%

(2)

Cash-settled derivatives:

and/or controlled:

2,519,695

0.26%

14,509,677

1.51%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

17,598,994

1.84%

19,664,597

2.05%

(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

921,826

3.2480 GBP

3.2130 GBP

1p ordinary

Sale

316,735

3.2470 GBP

3.2138 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

Closing Long

2,718

3.2435 GBP

1p ordinary

SWAP

Closing Long

37,045

3.2140 GBP

1p ordinary

SWAP

Closing Long

72,796

3.2183 GBP

1p ordinary

SWAP

Decreasing Long

24,324

3.2456 GBP

1p ordinary

SWAP

Decreasing Long

27,800

3.2195 GBP

1p ordinary

SWAP

Decreasing Short

113

3.2139 GBP

1p ordinary

SWAP

Decreasing Short

207

3.2279 GBP

1p ordinary

SWAP

Decreasing Short

737

3.2280 GBP

1p ordinary

SWAP

Decreasing Short

1,821

3.2319 GBP

1p ordinary

SWAP

Decreasing Short

2,022

3.2286 GBP

1p ordinary

SWAP

Decreasing Short

2,088

3.2278 GBP

1p ordinary

SWAP

Decreasing Short

2,524

3.2176 GBP

1p ordinary

SWAP

Decreasing Short

6,816

3.2272 GBP

1p ordinary

SWAP

Decreasing Short

16,773

3.2308 GBP

1p ordinary

SWAP

Decreasing Short

16,995

3.2140 GBP

1p ordinary

SWAP

Decreasing Short

22,234

3.2298 GBP

1p ordinary

SWAP

Decreasing Short

63,526

3.2184 GBP

1p ordinary

SWAP

Increasing Short

247

3.2240 GBP

1p ordinary

SWAP

Increasing Short

2,075

3.2280 GBP

1p ordinary

CFD

Increasing Short

4,265

3.2271 GBP

1p ordinary

CFD

Increasing Short

4,605

3.2222 GBP

1p ordinary

SWAP

Increasing Short

6,109

3.2260 GBP

1p ordinary

SWAP

Increasing Short

14,963

3.2297 GBP

1p ordinary

SWAP

Increasing Short

20,132

3.2316 GBP

1p ordinary

SWAP

Increasing Short

20,861

3.2306 GBP

1p ordinary

SWAP

Increasing Short

24,414

3.2292 GBP

1p ordinary

SWAP

Increasing Short

56,081

3.2283 GBP

1p ordinary

SWAP

Increasing Short

63,233

3.2298 GBP

1p ordinary

CFD

Increasing Short

65,242

3.2163 GBP

1p ordinary

SWAP

Increasing Short

174,384

3.2143 GBP

1p ordinary

SWAP

Increasing Short

186,547

3.2140 GBP

1p ordinary

SWAP

Opening Long

14

3.2342 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:

19 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213