JPMorgan Securities Plc Form 8.5 (EPT/RI)-International Distributions plc

RNS Number : 1253P

JPMorgan Securities Plc

20 May 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:	17 May 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	1,498,310    2,287,299	3.2352 GBP    3.2390 GBP	3.1940 GBP    3.1920 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	3,691  342,594  18  7,835  59,273  7,024  19,241  2,975  3,644  5,517  4,678  6,869  2,258    1,399  983,000  23,140  11,865  81,995  7,675  246,423  1,765  23,262  955  2,755  198  34,588  1,537  39,776  15,840  5,740  1,284  5,012  3,884    11,965  144  12,797  847  28,586  2,761  1,102  2,073  828  48,596  3,415  3,840  35  743    170,563  5,427  10  48,778  4,635  44,139  49,181  3,057	3.1991 GBP 3.2000 GBP 3.2049 GBP 3.2064 GBP 3.2108 GBP 3.2122 GBP 3.2146 GBP 3.2198 GBP 3.2204 GBP 3.2222 GBP 3.2231 GBP 3.2323 GBP 3.2354 GBP   3.1951 GBP 3.1976 GBP 3.1997 GBP 3.1998 GBP 3.2000 GBP 3.2080 GBP 3.2089 GBP 3.2113 GBP 3.2120 GBP 3.2150 GBP 3.2177 GBP 3.2197 GBP 3.2198 GBP 3.2200 GBP 3.2204 GBP 3.2217 GBP 3.2226 GBP 3.2239 GBP 3.2250 GBP 3.2309 GBP   3.1998 GBP 3.2147 GBP 3.2151 GBP 3.2180 GBP 3.2194 GBP 3.2198 GBP 3.2200 GBP 3.2213 GBP 3.2229 GBP 3.2240 GBP 3.2291 GBP 3.2311 GBP 3.2336 GBP 3.2364 GBP   3.1967 GBP 3.2003 GBP 3.2013 GBP 3.2081 GBP 3.2191 GBP 3.2261 GBP 3.2276 GBP 3.2310 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:	20 May 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.

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