Form 8.5(EPT/NON-RI)-International Distribut Amend

FORM 8.5 (EPT/NON-RI)- Amendment to section 3b

Replaces form released on 11:34 23/04/2024

RNS Number : 7037L

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 DISTRIBUTIONS SERVICES PLC

 relevant securities this form relates:

(c)

Name of the party to the offer with which exempt

INTERNATIONAL DISTRIBUTIONS SERVICES PLC

 principal trader is connected

(d)

Date position held/dealing undertaken:

22-Apr-24

(e)

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

NA

 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:

11,504,932

1.20%

5,283,224

0.55%

(2) Cash-settled derivatives:

2,489,089

0.25%

10,893,217

1.13%

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

0

0.00%

0

0.00%

13,994,021

1.45%

16,176,441

1.68%

 TOTAL:

(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

Purchase/sale

Total number of

Highest price per unit

Lowest price per unit

 security

 securities

 paid/received

 paid/received

1p ordinary

Sale

1055142

2.8780 GBP

2.7538 GBP

1p ordinary

Purchase

1126250

2.8780 GBP

2.7538 GBP

(b)

Cash-settled derivative transactions

Class of

Product description

Nature of dealing

Number of

Price per

 relevant

 reference

 unit

 security

 securities

1p ordinary

CFD

Opening Long

3,131

2.7540 GBP

1p ordinary

CFD

Opening Long

5,980

2.7929 GBP

1p ordinary

CFD

Opening Long

6,056

2.7920 GBP

1p ordinary

SWAP

Closing Long

12,376

2.7540 GBP

1p ordinary

CFD

Opening Long

12,838

2.7876 GBP

1p ordinary

SWAP

Closing Long

15,461

2.7796 GBP

1p ordinary

SWAP

Opening Long

27,600

2.8028 GBP

1p ordinary

CFD

Opening Long

58,437

2.7542 GBP

1p ordinary

SWAP

Opening Short

83

2.7500 GBP

1p ordinary

SWAP

Opening Short

198

2.7800 GBP

1p ordinary

SWAP

Opening Short

579

2.7920 GBP

1p ordinary

SWAP

Opening Short

12,610

2.8408 GBP

1p ordinary

SWAP

Opening Short

33,907

2.7540 GBP

1p ordinary

SWAP

Decreasing Long

1,368

2.7780 GBP

1p ordinary

SWAP

Decreasing Long

1,640

2.7906 GBP

1p ordinary

SWAP

Decreasing Long

8,261

2.8354 GBP

1p ordinary

SWAP

Decreasing Long

9,564

2.8070 GBP

1p ordinary

SWAP

Decreasing Long

11,542

2.7922 GBP

1p ordinary

SWAP

Decreasing Long

42,683

2.7540 GBP

1p ordinary

SWAP

Decreasing Long

44,077

2.8244 GBP

1p ordinary

SWAP

Decreasing Short

259

2.8079 GBP

1p ordinary

SWAP

Decreasing Short

1,055

2.8363 GBP

1p ordinary

SWAP

Decreasing Short

1,107

2.8011 GBP

1p ordinary

SWAP

Decreasing Short

1,758

2.7999 GBP

1p ordinary

SWAP

Decreasing Short

2,101

2.8051 GBP

1p ordinary

SWAP

Decreasing Short

19,779

2.8398 GBP

1p ordinary

SWAP

Decreasing Short

78,040

2.7797 GBP

1p ordinary

SWAP

Increasing Short

31

2.7818 GBP

1p ordinary

SWAP

Increasing Short

585

2.8177 GBP

1p ordinary

SWAP

Increasing Short

2,213

2.7722 GBP

1p ordinary

SWAP

Increasing Short

5,029

2.7773 GBP

1p ordinary

SWAP

Increasing Short

7,128

2.7740 GBP

1p ordinary

SWAP

Increasing Short

15,671

2.8566 GBP

1p ordinary

SWAP

Increasing Short

121,420

2.7540 GBP

1p ordinary

SWAP

Opening Long

1

2.7800 GBP

1p ordinary

SWAP

Opening Long

671

2.7876 GBP

1p ordinary

SWAP

Opening Long

830

2.7765 GBP

1p ordinary

SWAP

Opening Long

852

2.8234 GBP

1p ordinary

SWAP

Opening Long

1,155

2.7892 GBP

1p ordinary

SWAP

Opening Long

10,739

2.7860 GBP

1p ordinary

SWAP

Opening Long

19,128

2.8034 GBP

1p ordinary

SWAP

Opening Long

23,300

2.8285 GBP

1p ordinary

SWAP

Opening Long

29,779

2.8357 GBP

1p ordinary

SWAP

Opening Long

43,452

2.7694 GBP

1p ordinary

SWAP

Opening Long

53,816

2.8364 GBP

1p ordinary

CFD

Opening Short

1,587

2.7542 GBP

1p ordinary

CFD

Opening Short

1,667

2.7540 GBP

1p ordinary

CFD

Opening Short

51,041

2.7539 GBP

1p ordinary

CFD

Opening Short

61,568

2.7538 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

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:

03-May-24

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213