Form 8.5 (EPT/RI)-International Distribution Amend

JPMorgan Securities Plc

19 April 2024

 

AMENDMENT

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Name of exempt principal trader:	J.P. Morgan Securities Plc
(b) 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
(c) Name of the party to the offer with which exempt principal trader is connected:	Financial adviser to EP Corporate Group a.s
(d) Date dealing undertaken:	17 April 2024
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?      If it is a cash offer or possible cash offer, state "N/A"	N/A

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(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	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
1p ordinary	Purchase Sale	3,924,376 3,032,776	2.7601 GBP 2.7600 GBP	2.1280 GBP 2.1260 GBP

(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
1p ordinary	Equity Swap	Decrease Long Decrease Short Increase Long Increase Short Opening a long position Opening a short position	13,474  189  14,904  79  44  40  2  550  5,198  983  746  2,000  51,235  12,579  4,276  70,850  68,230  106,391  22,367  17,899  1,471  2,887  10,000  65,747  2,919  74  43,463  41,119  70,418  4,041  425  94,621  8  6,738  57,349  5,512  13,092  1,309  20,304  12,667  35,100  8,037  60,166  2,662  4,276  1,725  1,615  29,577  11,333  40,580  29,347  4,415  47,797  298,950  153,256  6  34,061  31,351  27,850  15,104  11,453  14,355  110,713  9,599  6,700  8,171  5,281  147,087  4,755  4,434  993  2,512  244,679  6,000  28,100  185,828  8,365  8,100  206,396  6,000  31,365	2.4744 GBP 2.5553 GBP 2.5829 GBP 2.1478 GBP 2.1637 GBP 2.1648 GBP 2.2048 GBP 2.2838 GBP 2.4030 GBP 2.4517 GBP 2.4598 GBP 2.5015 GBP 2.5199 GBP 2.5236 GBP 2.5287 GBP 2.5341 GBP 2.5467 GBP 2.5510 GBP 2.5657 GBP 2.5725 GBP 2.5745 GBP 2.5757 GBP 2.5817 GBP 2.5821 GBP 2.6231 GBP 2.6457 GBP 2.7036 GBP 2.7310 GBP 2.7597 GBP 2.7600 GBP 2.1417 GBP 2.5058 GBP 2.5662 GBP 2.2218 GBP 2.2696 GBP 2.3768 GBP 2.3774 GBP 2.3776 GBP 2.4367 GBP 2.4373 GBP 2.4938 GBP 2.4963 GBP 2.5210 GBP 2.5271 GBP 2.5287 GBP 2.5311 GBP 2.5334 GBP 2.5353 GBP 2.5418 GBP 2.5429 GBP 2.5466 GBP 2.5470 GBP 2.5533 GBP 2.5557 GBP 2.5561 GBP 2.5563 GBP 2.5567 GBP 2.5607 GBP 2.5646 GBP 2.5658 GBP 2.5715 GBP 2.5729 GBP 2.5741 GBP 2.5807 GBP 2.6139 GBP 2.6268 GBP 2.6686 GBP 2.6788 GBP 2.6819 GBP 2.7210 GBP 2.7600 GBP 2.7601 GBP 2.7604 GBP 2.5244 GBP 2.5274 GBP 2.5796 GBP 2.7595 GBP 2.3300 GBP 2.3312 GBP 2.4953 GBP 2.5916 GBP

(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)

3.         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 exempt principal trader 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 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 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

Date of disclosure:	19 April 2024
Contact name:	Natasha Mondon
Telephone number:	01202 325175

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 dealing disclosure requirements on [phone].

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

 

END