Form 8.3 - International Distribution Services plc

By Regulatory News

Regulatory News | 14 Jun, 2024

Updated : 14:46

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser:	Qube Research & Technologies Limited
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) 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
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	13-06-2024
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	N/A

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	1p Ordinary Share
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	0	0	0	0
(2) Cash-settled derivatives:	10,331,049	1.08	0	0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0	0	0
TOTAL:	10,331,049	1.08	0	0

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:	0
Details, including nature of the rights concerned and relevant percentages:	0

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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

Purchase/sale

Number of securities

Price per unit

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. call option	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of securities	Exercise price per unit (GBp)
1p Ordinary Share	Equity swap	increasing a long position	398	331.70
1p Ordinary Share	Equity swap	increasing a long position	819	332.40
1p Ordinary Share	Equity swap	increasing a long position	867	333.20
1p Ordinary Share	Equity swap	increasing a long position	911	332.60
1p Ordinary Share	Equity swap	increasing a long position	984	330.70
1p Ordinary Share	Equity swap	increasing a long position	1266	332.80
1p Ordinary Share	Equity swap	increasing a long position	1308	329.20
1p Ordinary Share	Equity swap	increasing a long position	1660	331.10
1p Ordinary Share	Equity swap	increasing a long position	1906	330.50
1p Ordinary Share	Equity swap	increasing a long position	2000	324.20
1p Ordinary Share	Equity swap	increasing a long position	2003	325.60
1p Ordinary Share	Equity swap	increasing a long position	2133	325.10
1p Ordinary Share	Equity swap	increasing a long position	2152	326.60
1p Ordinary Share	Equity swap	increasing a long position	2224	329.50
1p Ordinary Share	Equity swap	increasing a long position	2233	325.00
1p Ordinary Share	Equity swap	increasing a long position	2426	327.20
1p Ordinary Share	Equity swap	increasing a long position	2557	328.50
1p Ordinary Share	Equity swap	increasing a long position	2698	328.30
1p Ordinary Share	Equity swap	increasing a long position	2724	328.90
1p Ordinary Share	Equity swap	increasing a long position	2807	331.30
1p Ordinary Share	Equity swap	increasing a long position	2889	327.70
1p Ordinary Share	Equity swap	increasing a long position	3054	329.30
1p Ordinary Share	Equity swap	increasing a long position	3318	332.20
1p Ordinary Share	Equity swap	increasing a long position	3421	330.90
1p Ordinary Share	Equity swap	increasing a long position	3647	330.30
1p Ordinary Share	Equity swap	increasing a long position	3682	328.40
1p Ordinary Share	Equity swap	increasing a long position	4334	331.50
1p Ordinary Share	Equity swap	increasing a long position	4494	327.90
1p Ordinary Share	Equity swap	increasing a long position	6621	327.30
1p Ordinary Share	Equity swap	increasing a long position	6717	328.70
1p Ordinary Share	Equity swap	increasing a long position	7790	326.70
1p Ordinary Share	Equity swap	increasing a long position	7883	327.60
1p Ordinary Share	Equity swap	increasing a long position	8304	327.10
1p Ordinary Share	Equity swap	increasing a long position	8331	326.80
1p Ordinary Share	Equity swap	increasing a long position	8400	326.40
1p Ordinary Share	Equity swap	increasing a long position	8823	328.80
1p Ordinary Share	Equity swap	increasing a long position	9276	327.80
1p Ordinary Share	Equity swap	increasing a long position	9728	327.00
1p Ordinary Share	Equity swap	increasing a long position	10214	329.80
1p Ordinary Share	Equity swap	increasing a long position	11721	329.40
1p Ordinary Share	Equity swap	increasing a long position	12733	327.40
1p Ordinary Share	Equity swap	increasing a long position	13275	328.60
1p Ordinary Share	Equity swap	increasing a long position	14147	328.00
1p Ordinary Share	Equity swap	increasing a long position	18092	330.10
1p Ordinary Share	Equity swap	increasing a long position	18342	330.20
1p Ordinary Share	Equity swap	increasing a long position	21258	331.20
1p Ordinary Share	Equity swap	increasing a long position	21975	331.40
1p Ordinary Share	Equity swap	increasing a long position	31059	332.00
1p Ordinary Share	Equity swap	increasing a long position	33539	330.60
1p Ordinary Share	Equity swap	increasing a long position	33577	330.40
1p Ordinary Share	Equity swap	increasing a long position	36034	331.60
1p Ordinary Share	Equity swap	increasing a long position	38338	328.20
1p Ordinary Share	Equity swap	increasing a long position	43424	331.00
1p Ordinary Share	Equity swap	increasing a long position	45465	331.80
1p Ordinary Share	Equity swap	increasing a long position	60663	330.80
1p Ordinary Share	Equity swap	increasing a long position	84094	330.00
1p Ordinary Share	Equity swap	increasing a long position	224890	329.60
1p Ordinary Share	Equity swap	decreasing a long position	350	331.20
1p Ordinary Share	Equity swap	decreasing a long position	876	329.80
1p Ordinary Share	Equity swap	decreasing a long position	911	332.60
1p Ordinary Share	Equity swap	decreasing a long position	912	330.20
1p Ordinary Share	Equity swap	decreasing a long position	1255	328.20
1p Ordinary Share	Equity swap	decreasing a long position	1509	331.60
1p Ordinary Share	Equity swap	decreasing a long position	1973	330.60
1p Ordinary Share	Equity swap	decreasing a long position	2137	331.00
1p Ordinary Share	Equity swap	decreasing a long position	2452	327.80
1p Ordinary Share	Equity swap	decreasing a long position	2490	327.20
1p Ordinary Share	Equity swap	decreasing a long position	2745	330.40
1p Ordinary Share	Equity swap	decreasing a long position	2799	331.80
1p Ordinary Share	Equity swap	decreasing a long position	3234	326.80
1p Ordinary Share	Equity swap	decreasing a long position	3348	327.40
1p Ordinary Share	Equity swap	decreasing a long position	3656	326.60
1p Ordinary Share	Equity swap	decreasing a long position	4392	330.80
1p Ordinary Share	Equity swap	decreasing a long position	4864	328.00
1p Ordinary Share	Equity swap	decreasing a long position	6022	331.40
1p Ordinary Share	Equity swap	decreasing a long position	7900	327.60
1p Ordinary Share	Equity swap	decreasing a long position	8474	330.00
1p Ordinary Share	Equity swap	decreasing a long position	13447	329.60

(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 (GBp)

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)

4. 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 person 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 person 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

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

Date of disclosure:	14-06-2024
Contact name:	Stuart Brown
Telephone number:	00442070722969

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 disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240614066094/en/

Form 8.3 - International Distribution Services plc

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