Form 8.5 (EPT/RI)-International Distributions Plc

JPMorgan Securities Plc
22 April 2024
 

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:

19 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

995,273

 

1,039,602

2.7840 GBP

 

2.7780 GBP

2.6860 GBP

 

2.6880 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

17,165

1,921

31,623

12,600

2,136

 

930

19,520

430

7,165

2,489

8,463

145

1,866

35,085

6,926

13,887

7,477

5,078

22,321

1,109

3,000

11,908

59,980

405

 

190

 

20,188

146

3,795

121

27

1,011

15,493

1,866

1,443

6,926

138,869

187,711

6,571

2,768

12,922

50

43

 

332,362

2.6994 GBP

2.7133 GBP

2.7177 GBP

2.7233 GBP

2.7288 GBP

 

2.6848 GBP

2.6850 GBP

2.6937 GBP

2.6951 GBP

2.6983 GBP

2.7035 GBP

2.7064 GBP

2.7089 GBP

2.7096 GBP

2.7165 GBP

2.7202 GBP

2.7216 GBP

2.7217 GBP

2.7220 GBP

2.7237 GBP

2.7248 GBP

2.7255 GBP

2.7265 GBP

2.7280 GBP

 

2.7264 GBP

 

2.6850 GBP

2.6923 GBP

2.6936 GBP

2.6980 GBP

2.6983 GBP

2.7032 GBP

2.7046 GBP

2.7089 GBP

2.7106 GBP

2.7165 GBP

2.7185 GBP

2.7210 GBP

2.7220 GBP

2.7223 GBP

2.7224 GBP

2.7258 GBP

2.7323 GBP

 

2.7220 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:

22 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 +44 (0)20 7638 0129.

 

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

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