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IDS International Distribution Services News Story

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REG - International Distri - Listing Application

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RNS Number : 2986G  International Distribution Svcs PLC  28 April 2025

International Distribution Services plc

(Incorporated in England and Wales)

Company Number: 8680755

LSE Share Code: IDS

ISIN: GB00BDVZYZ77

LEI: 213800TCZZU84G8Z2M70

 

28 April 2025

 

Listing Application

 

International Distribution Services plc (the "Company" or "IDS") announces
that, in connection with the recommended cash offer made by EP UK Bidco
Limited to acquire the entire issued and to be issued share capital of the
Company, other than the IDS Shares owned or controlled by VESA Equity
Investment S.à.r.l. (the "Offer"), 6,344,937 ordinary shares of £0.01 each
in the Company (the "Shares") are to be issued to satisfy awards under the IDS
Deferred Share Bonus Plan and the IDS Long Term Incentive Plan if the Offer
becomes or is declared Unconditional.

 

Following the Offer becoming or being declared Unconditional, the Company will
allot and issue the Shares. When issued, the Shares shall rank pari passu with
the existing issued ordinary shares of the Company.

 

Applications have been made to the Financial Conduct Authority and the London
Stock Exchange for the Shares to be admitted to the Official List of the
Financial Conduct Authority and to trading on the London Stock Exchange. It is
currently expected that the Shares will be admitted at 8 a.m. on the second
trading day following the Offer becoming or being declared Unconditional.

 

Terms used but not defined in this announcement have the same meaning given to
them in the formal offer document in respect of the Offer published on 26 June
2024 and made available to IDS Shareholders and to persons with information
rights and participants in the IDS Share Plans.

 

Enquiries:

 

Investor Relations

Email: investorrelations@ids-plc.com

 

Media Relations

Jenny Hall

Phone: 07776 993 036

Email: jenny.hall@ids-plc.com (mailto:jenny.hall@ids-plc.com)

 

Greg Sage

Phone: 07483 421 374

Email: greg.sage@ids-plc.com (mailto:greg.sage@ids-plc.com)

 

Press office: pressoffice@ids-plc.com (mailto:pressoffice@ids-plc.com)

 

Company Secretary

Matthew Newman

Email: cosec@ids-plc.com

 

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