Investec Bank Plc has filed a Form 8.5 regulatory disclosure relating to share dealings in Logistics Development Group plc, a company currently subject to takeover interest.
The disclosure was made under Rule 8.5 of the Takeover Code, which requires exempt principal traders with recognised intermediary status to publicly report client-serving dealings.
Investec Bank Plc is acting as Financial Adviser to DBAY Advisors Limited, which is a party to the offer involving Logistics Development Group plc.
The dealings were undertaken on 9th October 2026, with the formal public disclosure filed on 12th October 2026 in line with regulatory requirements.
According to the filing, Investec purchased a total of 94,706 ordinary shares in Logistics Development Group plc at a price of 20 pence per unit.
On the same date, Investec also sold 50,710 ordinary shares, with prices ranging between 20 pence and 20.7 pence per unit.
No cash-settled derivative transactions or stock-settled derivative transactions were recorded as part of this disclosure filing.
Investec confirmed there are no indemnity arrangements, option agreements, or other understandings that could act as an inducement to deal or refrain from dealing.
The bank also confirmed there are no agreements relating to voting rights or the future acquisition or disposal of relevant securities tied to any derivative instrument.
The contact named in the filing is Priyali Bhattacharjee, with public disclosures of this nature required to be submitted to a Regulatory Information Service under the Takeover Code.
Rule 8 disclosures are a standard regulatory mechanism designed to ensure transparency around share movements during live offer periods involving publicly listed companies.
Logistics Development Group plc remains subject to ongoing offer-related activity, with market participants and regulators closely monitoring trading in the company’s ordinary shares.
