Bank of America Merrill Lynch 20240429_INTERNATIONAL DISTRIBUTIO_8.5 EPT RI_MLI

RNS Number : 6168M

Bank of America Merrill Lynch

30 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:	Merrill Lynch International
(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:	INTERNATIONAL DISTRIBUTIONS SERVICES PLC
(d) Date dealing undertaken:	29/04/2024
(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	12,612	2.731 GBP	2.688 GBP
1p ordinary	Sale	21,158	2.746 GBP	2.684 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	Swaps - Equity Swaps	Reducing a Short Position	5,000	2.723 GBP
1p ordinary	Swaps - Equity Swaps	Reducing a Long Position	653	2.708 GBP
1p ordinary	Swaps - Equity Swaps	Reducing a Long Position	994	2.708 GBP
1p ordinary	Swaps - Equity Swaps	Opening a Short Position	6,168	2.73 GBP
1p ordinary	Swaps - Equity Swaps	Reducing a Short Position	342	2.75 GBP
1p ordinary	Swaps - Equity Swaps	Closing a Short Position	1,698	2.746 GBP
1p ordinary	Swaps - Equity Swaps	Opening a Long Position	1,601	2.746 GBP
1p ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,266	2.726 GBP
1p ordinary	Swaps - Equity Swaps	Reducing a Short Position	9,395	2.721 GBP
1p ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,605	2.721 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
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

 

(ii)

Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise Price per unit
N/A	N/A	N/A	N/A	N/A

 

(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)
N/A	N/A	N/A	N/A

 

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:	30/04/2024
Contact name:	Frank Lui
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
dealing disclosure requirements on [phone].

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

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