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

FORM 8.5 (EPT/NON-RI)- Amendment to section 2a and 3b

Replaces form released on 11:50 26/04/2024

RNS Number : 2422M

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:

25-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:

11,851,950

1.23%

5,147,272

0.53%

(2) Cash-settled derivatives:

2,351,313

0.24%

11,176,695

1.16%

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

0

0.00%

0

0.00%

14,203,263

1.47%

16,323,967

1.69%

 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

218502

2.8182 GBP

2.7384 GBP

1p ordinary

Purchase

476988

2.8036 GBP

2.7400 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

Closing Long

170

2.7633 GBP

1p ordinary

SWAP

Closing Long

989

2.7588 GBP

1p ordinary

SWAP

Closing Long

2,453

2.7596 GBP

1p ordinary

SWAP

Closing Long

2,528

2.7928 GBP

1p ordinary

SWAP

Closing Long

3,375

2.8036 GBP

1p ordinary

SWAP

Closing Long

5,213

2.7689 GBP

1p ordinary

SWAP

Closing Long

6,589

2.7843 GBP

1p ordinary

SWAP

Closing Long

8,342

2.7643 GBP

1p ordinary

SWAP

Closing Long

11,674

2.7850 GBP

1p ordinary

SWAP

Opening Long

29,425

2.7529 GBP

1p ordinary

SWAP

Closing Long

48,515

2.7400 GBP

1p ordinary

CFD

Decreasing Long

400

2.7372 GBP

1p ordinary

CFD

Decreasing Long

1,346

2.7400 GBP

1p ordinary

SWAP

Decreasing Short

15

2.7820 GBP

1p ordinary

SWAP

Decreasing Short

100

2.7999 GBP

1p ordinary

SWAP

Decreasing Short

779

2.7593 GBP

1p ordinary

SWAP

Decreasing Short

982

2.7822 GBP

1p ordinary

SWAP

Decreasing Short

1,021

2.7385 GBP

1p ordinary

SWAP

Decreasing Short

1,842

2.7838 GBP

1p ordinary

SWAP

Decreasing Short

2,323

2.7443 GBP

1p ordinary

SWAP

Decreasing Short

6,361

2.7662 GBP

1p ordinary

SWAP

Decreasing Short

63,452

2.7399 GBP

1p ordinary

CFD

Increasing Long

480

2.7537 GBP

1p ordinary

CFD

Increasing Long

2,395

2.7680 GBP

1p ordinary

CFD

Increasing Long

4,319

2.8046 GBP

1p ordinary

CFD

Increasing Long

14,214

2.7400 GBP

1p ordinary

SWAP

Increasing Short

300

2.7806 GBP

1p ordinary

SWAP

Increasing Short

1,274

2.7814 GBP

1p ordinary

SWAP

Increasing Short

6,324

2.7487 GBP

1p ordinary

SWAP

Increasing Short

18,466

2.7755 GBP

1p ordinary

SWAP

Increasing Short

30,805

2.7613 GBP

1p ordinary

SWAP

Increasing Short

39,301

2.7773 GBP

1p ordinary

SWAP

Increasing Short

57,689

2.7874 GBP

1p ordinary

SWAP

Increasing Short

140,302

2.7400 GBP

1p ordinary

SWAP

Opening Long

1

2.7600 GBP

1p ordinary

SWAP

Opening Long

2,279

2.7398 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:

03-May-24

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213