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 Distribution 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: | 30 July 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 | 453,247
375,170 | 3.4630 GBP
3.4660 GBP | 3.4450 GBP
3.4440 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
| 26 3,792 843 574
1,853 42,020 186 31,313 3,631 3 1,001 20 144
310 1,884
23,006 30 8,792 268 11 13,434 2,288 1,759 1,075 13,004 337 27,030 19,135 13,063 5 127 15,963 1,526 3,427 2,000 225 60 | 3.4502 GBP 3.4519 GBP 3.4534 GBP 3.4596 GBP
3.4497 GBP 3.4498 GBP 3.4499 GBP 3.4500 GBP 3.4569 GBP 3.4570 GBP 3.4598 GBP 3.4611 GBP 3.4616 GBP
3.4457 GBP 3.4548 GBP
3.4500 GBP 3.4501 GBP 3.4502 GBP 3.4503 GBP 3.4504 GBP 3.4528 GBP 3.4529 GBP 3.4530 GBP 3.4535 GBP 3.4550 GBP 3.4551 GBP 3.4552 GBP 3.4553 GBP 3.4561 GBP 3.4564 GBP 3.4580 GBP 3.4583 GBP 3.4588 GBP 3.4599 GBP 3.4601 GBP 3.4610 GBP 3.4641 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 |
|
|
|
|
|
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(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) |
|
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|
|
|
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: | 31 July 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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