Form 8.3
amendment of RNS number 2234H for section 3(a) and
3(d).
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:
|
Schroders plc
|
|
(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
|
04/10/2024
|
|
(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"
|
No
|
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
|
|
|
Interests
|
Short
positions
|
|
Number
|
%
|
Number
|
%
|
|
(1)
Relevant securities owned and/or controlled:
|
41,875,581
|
4.370
|
|
|
|
(2)
Cash-settled derivatives:
|
88,382
|
0.009
|
1,308,570
|
0.137
|
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
|
|
|
|
|
TOTAL:
|
41,963,963*
|
4.379
|
1,308,570
|
0.137
|
* Schroders PLC does not have discretion
regarding [dealing and/or offer acceptance]/[voting decisions] in
respect of [8,330,001] shares that are included in the total
above.
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:
|
|
|
Details,
including nature of the rights concerned and relevant
percentages:
|
|
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©, 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
|
|
1p Ordinary
|
Sale
|
997,769
|
3.42000000
|
(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
|
CFD
|
Reducing a long position
|
16,910
|
3.42000000 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)
|
|
1p Ordinary
|
Transfer Out of discretionary
holdings
|
3,037,933
|
3.42400000 GBP
|
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?
|
No
|
|
Date of
disclosure:
|
07/10/2024
|
|
Contact
name:
|
Indea Lashley-Patel
|
|
Telephone
number:
|
+442076587271
|
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.