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

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

Replaces form released on 11:48 22/04/2024

RNS Number : 5348L

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:

19-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:

11,494,687

1.19%

5,344,087

0.55%

(2) Cash-settled derivatives:

2,532,702

0.26%

10,876,405

1.13%

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

0

0.00%

0

0.00%

14,027,389

1.45%

16,220,492

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

666488

2.7346 GBP

2.6840 GBP

1p ordinary

Purchase

982943

2.7620 GBP

2.7024 GBP

(b)

Cash-settled derivative transactions

Class of

Product description

Nature of dealing

Number of

Price per

 relevant

 reference

 unit

 security

 securities

1p ordinary

SWAP

Decreasing Long

4,437

2.6926 GBP

1p ordinary

CFD

Decreasing Long

14,018

2.7220 GBP

1p ordinary

SWAP

Decreasing Long

23,676

2.7132 GBP

1p ordinary

SWAP

Decreasing Long

26,305

2.7288 GBP

1p ordinary

CFD

Decreasing Long

332,362

2.7219 GBP

1p ordinary

SWAP

Decreasing Short

318

2.7128 GBP

1p ordinary

SWAP

Decreasing Short

360

2.7120 GBP

1p ordinary

SWAP

Decreasing Short

1,530

2.7193 GBP

1p ordinary

SWAP

Decreasing Short

2,436

2.7346 GBP

1p ordinary

SWAP

Decreasing Short

2,558

2.7195 GBP

1p ordinary

SWAP

Decreasing Short

21,626

2.7252 GBP

1p ordinary

SWAP

Decreasing Short

48,422

2.7189 GBP

1p ordinary

SWAP

Decreasing Short

48,955

2.7067 GBP

1p ordinary

SWAP

Decreasing Short

49,748

2.7220 GBP

1p ordinary

SWAP

Decreasing Short

78,417

2.7155 GBP

1p ordinary

SWAP

Decreasing Short

80,014

2.7164 GBP

1p ordinary

CFD

Increasing Long

1,330

2.7057 GBP

1p ordinary

CFD

Increasing Long

3,084

2.7256 GBP

1p ordinary

CFD

Increasing Long

4,101

2.7099 GBP

1p ordinary

CFD

Increasing Long

10,127

2.7109 GBP

1p ordinary

CFD

Increasing Long

13,520

2.7204 GBP

1p ordinary

CFD

Increasing Long

14,018

2.7220 GBP

1p ordinary

CFD

Increasing Long

29,531

2.6839 GBP

1p ordinary

CFD

Increasing Long

54,059

2.7219 GBP

1p ordinary

SWAP

Increasing Short

541

2.7020 GBP

1p ordinary

SWAP

Increasing Short

578

2.7100 GBP

1p ordinary

SWAP

Increasing Short

1,345

2.7143 GBP

1p ordinary

SWAP

Increasing Short

1,997

2.7104 GBP

1p ordinary

SWAP

Increasing Short

5,184

2.7347 GBP

1p ordinary

SWAP

Increasing Short

5,903

2.7240 GBP

1p ordinary

SWAP

Increasing Short

11,214

2.7390 GBP

1p ordinary

SWAP

Increasing Short

12,962

2.7236 GBP

1p ordinary

SWAP

Increasing Short

14,758

2.7203 GBP

1p ordinary

SWAP

Increasing Short

58,727

2.7305 GBP

1p ordinary

SWAP

Increasing Short

62,863

2.7155 GBP

1p ordinary

SWAP

Increasing Short

73,981

2.7321 GBP

1p ordinary

SWAP

Increasing Short

115,752

2.7220 GBP

1p ordinary

SWAP

Opening Long

108

2.7283 GBP

1p ordinary

SWAP

Opening Short

286

2.7600 GBP

1p ordinary

SWAP

Opening Long

415

2.7080 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 security

Product description

Exercising/ exercised against

Number of securities

Exercise price per 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