Block Listing Application

[clashcityrocker]

24 July 2023

Block Listing Application

International Distributions Services plc (the "Company") announces that an application has been made to the UK Listing Authority and the London Stock Exchange for a block listing of 900,000 ordinary shares of £0.01 each in the Company (the "Shares") to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange. It is expected that the Shares will be admitted on 27 July 2023.

The Shares are being reserved under a block listing and will be issued in connection with vestings under the International Distributions Services Deferred Share Bonus Plan, the International Distributions Services Long Term Incentive Plan and the GLS Long Term Incentive Plan.

When issued, the Shares shall rank pari passu with the existing issued ordinary shares of the Company.

[mw7485]

24 July 2023

Block Listing Application

International Distributions Services plc (the "Company") announces that an application has been made to the UK Listing Authority and the London Stock Exchange for a block listing of 900,000 ordinary shares of £0.01 each in the Company (the "Shares") to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange. It is expected that the Shares will be admitted on 27 July 2023.

The Shares are being reserved under a block listing and will be issued in connection with vestings under the International Distributions Services Deferred Share Bonus Plan, the International Distributions Services Long Term Incentive Plan and the GLS Long Term Incentive Plan.

When issued, the Shares shall rank pari passu with the existing issued ordinary shares of the Company.

The most interesting thing here is the omission of anything to do with RM. GLS gets a mention but nothing about RM!

[clashcityrocker]

The most interesting thing here is the omission of anything to do with RM. GLS gets a mention but nothing about RM!

I don't know if that is supposed to be funny or if you have been living under a rock for a few months?

[mw7485]

The most interesting thing here is the omission of anything to do with RM. GLS gets a mention but nothing about RM!

I don't know if that is supposed to be funny or if you have been living under a rock for a few months?

Wow, you really are a nasty piece of work aren't you? I wonder, does your online behaviour come naturally or does it take practice?

What I am referring to is that RM are not included in any way shape or form with regard to the purpose of these shares. IDS have created a capital pool for incentives for everyone but RM, using what was effectively RM's money.

Now, where did I leave my rock....

[posted]

Does this mean a dilution of our share holding?

[robking]

MW7485 - I think what he means is that the name of the company has been International Distributions Services PLC for some months now, 'Royal Mail' is still used as a trading name in the UK with the approval of King Charles.
Global Logistical Services, known in the UK as Parcelforce, is an IDS subsidiary company.

Posted - Yes by less than 1% but the idea is that these incentive schemes are part of people's overall pay package.