Form 8.3 -International Distributions Services plc

Societe Generale SA

26 April 2024

 

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Full name of discloser:	SOCIETE GENERALE SA
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	International Distributions Services plc
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken:      For an opening position disclosure, state the latest practicable date prior to the disclosure	25/04/2024
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	Yes: NA

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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:	9,694,850	1.01	35,432	0.00
(2)  Cash-settled derivatives:	52,588	0.01	165,260	0.02
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	9,747,438	1.02	200,692	0.02

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)        Rights to subscribe for new securities (including directors' and other employee 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 PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit GBP
1p ordinary	Purchase	9	2.75
1p ordinary	Purchase	21	2.752
1p ordinary	Purchase	4	2.754
1p ordinary	Purchase	553	2.74
1p ordinary	Purchase	14	2.756
1p ordinary	Purchase	264	2.75
1p ordinary	Purchase	264	2.75
1p ordinary	Purchase	10	2.754
1p ordinary	Purchase	6	2.754
1p ordinary	Purchase	54	2.752
1p ordinary	Purchase	8	2.758
1p ordinary	Purchase	553	2.74
Class of relevant security	Purchase/sale	Number of securities	Price per unit EUR
1p ordinary	Purchase	1	0
Class of relevant security	Purchase/sale	Number of securities	Price per unit GBP
1p ordinary	Purchase	1,723	2.74
1p ordinary	Purchase	3,070	2.74
1p ordinary	Purchase	4,655	2.74
1p ordinary	Purchase	5,460	2.74
1p ordinary	Purchase	10,370	2.74
1p ordinary	Purchase	365	2.75
1p ordinary	Purchase	1,360	2.75
1p ordinary	Purchase	31	2.748
1p ordinary	Purchase	288	2.754
1p ordinary	Purchase	340	2.828
1p ordinary	Purchase	368	2.8
1p ordinary	Purchase	397	2.802
1p ordinary	Purchase	475	2.828
1p ordinary	Purchase	700	2.754
1p ordinary	Purchase	700	2.754
1p ordinary	Purchase	700	2.828
1p ordinary	Purchase	971	2.8
1p ordinary	Purchase	1,177	2.802
1p ordinary	Purchase	1,178	2.802
1p ordinary	Purchase	2,008	2.832
1p ordinary	Purchase	920,236	2.782
1p ordinary	Sale	50,000	2.80674
1p ordinary	Sale	223	2.772
1p ordinary	Sale	7	2.742
1p ordinary	Sale	700	2.83
1p ordinary	Sale	497	2.742
1p ordinary	Sale	162	2.782
1p ordinary	Sale	1,207	2.774
1p ordinary	Sale	585	2.8
1p ordinary	Sale	200	2.742
1p ordinary	Sale	959	2.742
1p ordinary	Sale	3	2.826
1p ordinary	Sale	943	2.774
1p ordinary	Sale	207	2.828
1p ordinary	Sale	818	2.752
1p ordinary	Sale	749	2.796
1p ordinary	Sale	931	2.76
1p ordinary	Sale	54	2.76
1p ordinary	Sale	773	2.754
1p ordinary	Sale	588	2.794
1p ordinary	Sale	700	2.754
1p ordinary	Sale	1,178	2.806
1p ordinary	Sale	702	2.758
1p ordinary	Sale	290	2.802
1p ordinary	Sale	290	2.802
1p ordinary	Sale	102	2.802
1p ordinary	Sale	850	2.802
1p ordinary	Sale	395	2.802
1p ordinary	Sale	211	2.782
1p ordinary	Sale	283	2.756
1p ordinary	Sale	809	2.758
1p ordinary	Sale	303	2.76
1p ordinary	Sale	497	2.772
1p ordinary	Sale	903	2.8
1p ordinary	Sale	640	2.8
1p ordinary	Sale	23	2.762
1p ordinary	Sale	586	2.816
1p ordinary	Sale	1,221	2.754
1p ordinary	Sale	556	2.766
1p ordinary	Sale	444	2.756
1p ordinary	Sale	576	2.762
1p ordinary	Sale	224	2.794
1p ordinary	Sale	1,133	2.742
1p ordinary	Sale	904	2.794
1p ordinary	Sale	347	2.742
1p ordinary	Sale	363	2.774
1p ordinary	Sale	62	2.774
1p ordinary	Sale	260	2.794
1p ordinary	Sale	212	2.764
1p ordinary	Sale	1,191	2.758
1p ordinary	Sale	1,088	2.748
1p ordinary	Sale	126	2.806
1p ordinary	Sale	700	2.794
1p ordinary	Sale	674	2.82
1p ordinary	Sale	16	2.764
1p ordinary	Sale	10	2.76
1p ordinary	Sale	9,356	2.806
1p ordinary	Sale	514	2.76
1p ordinary	Sale	27,409	2.74
1p ordinary	Sale	72	2.742
1p ordinary	Sale	252	2.792
1p ordinary	Sale	588	2.756
1p ordinary	Sale	539	2.826
1p ordinary	Sale	196	2.826
1p ordinary	Sale	446	2.828
1p ordinary	Sale	580	2.82
1p ordinary	Sale	675	2.76
1p ordinary	Sale	770	2.822
1p ordinary	Sale	6,576	2.74
1p ordinary	Sale	2	2.792
1p ordinary	Sale	2,252	2.74
1p ordinary	Sale	691	2.742
1p ordinary	Sale	513	2.764
1p ordinary	Sale	9,625	2.74
1p ordinary	Sale	736	2.734
1p ordinary	Sale	669	2.826
1p ordinary	Sale	3,112	2.742
1p ordinary	Sale	50	2.756
1p ordinary	Sale	753	2.788
1p ordinary	Sale	17	2.76
1p ordinary	Sale	572	2.824
1p ordinary	Sale	609	2.756
1p ordinary	Sale	79	2.792
1p ordinary	Sale	596	2.764
1p ordinary	Sale	4,316	2.743
1p ordinary	Sale	483	2.752
1p ordinary	Sale	1,065	2.814
1p ordinary	Sale	59	2.742
1p ordinary	Sale	681	2.742
1p ordinary	Sale	157	2.824
1p ordinary	Sale	105	2.752
1p ordinary	Sale	3	2.748
1p ordinary	Sale	895	2.766
1p ordinary	Sale	836	2.824
1p ordinary	Sale	233	2.82
1p ordinary	Sale	314	2.762
1p ordinary	Sale	525	2.796
1p ordinary	Sale	3	2.758
1p ordinary	Sale	447	2.82
1p ordinary	Sale	699	2.744
1p ordinary	Sale	607	2.792
1p ordinary	Sale	74	2.764
1p ordinary	Sale	3	2.76
1p ordinary	Sale	667	2.752
1p ordinary	Sale	700	2.76
1p ordinary	Sale	647	2.758
1p ordinary	Sale	614	2.812
1p ordinary	Sale	460	2.754
1p ordinary	Sale	268	2.756
1p ordinary	Sale	855	2.794
1p ordinary	Sale	700	2.762
1p ordinary	Sale	977	2.786
1p ordinary	Sale	37	2.756
1p ordinary	Sale	1,126	2.802
1p ordinary	Sale	896	2.762
1p ordinary	Sale	609	2.74
1p ordinary	Sale	2	2.768
1p ordinary	Sale	728	2.73
1p ordinary	Sale	145	2.74
1p ordinary	Sale	883	2.744
1p ordinary	Sale	1,006	2.79
1p ordinary	Sale	259	2.83
1p ordinary	Sale	1,300	2.75
1p ordinary	Sale	481	2.814
1p ordinary	Sale	1	2.75
1p ordinary	Sale	1,031	2.824
1p ordinary	Sale	502	2.742
1p ordinary	Sale	1,178	2.744
1p ordinary	Sale	521	2.766
1p ordinary	Sale	725	2.742
1p ordinary	Sale	970	2.756
1p ordinary	Sale	264	2.75
1p ordinary	Sale	735	2.794
1p ordinary	Sale	1,025	2.756
1p ordinary	Sale	608	2.794
1p ordinary	Sale	120	2.75
1p ordinary	Sale	462	2.764
1p ordinary	Sale	444	2.774
1p ordinary	Sale	211	2.748
1p ordinary	Sale	247	2.758
1p ordinary	Sale	990	2.792
1p ordinary	Sale	290	2.802
1p ordinary	Sale	188	2.802
1p ordinary	Sale	290	2.802
1p ordinary	Sale	165	2.802
1p ordinary	Sale	623	2.774
Class of relevant security	Purchase/sale	Number of securities	Price per unit EUR
1p ordinary	Sale	1	0
Class of relevant security	Purchase/sale	Number of securities	Price per unit GBP
1p ordinary	Sale	1,106	2.74014
1p ordinary	Sale	160	2.804
1p ordinary	Sale	1,180	2.804
1p ordinary	Sale	1,415	2.744
1p ordinary	Sale	395	2.744
1p ordinary	Sale	981	2.744
1p ordinary	Sale	1,294	2.804
1p ordinary	Sale	419	2.744
1p ordinary	Sale	920	2.744
1p ordinary	Sale	1,344	2.804
1p ordinary	Sale	479	2.744
1p ordinary	Sale	1,400	2.744
1p ordinary	Sale	1,856	2.804
1p ordinary	Sale	220	2.74

(b)        Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit EUR
1p ordinary	Listed Call Warrant	Reducing a short position	1	0
Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit GBP
1p ordinary	CFD	Reducing a short position	133,179	2.76370446
1p ordinary	CFD	Reducing a long position	880	2.743838636
1p ordinary	CFD	Reducing a long position	880	2.744022727

(c)        Stock-settled derivative transactions (including options)

(i)         Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii)        Exercise

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing e.g. subscription, conversion

Details

Price per unit (if applicable)

4.         OTHER INFORMATION

(a)        Indemnity and other dealing 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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

None

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person 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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

None

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	26/04/2024
Contact name:	Paul Jenkins
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END