{"success":true,"data":{"pressRelease":{"id":"68483","rtpr_id":"nBw100kLQa","ticker":"IPF","exchange":"LSE","all_tickers":["IPF"],"title":"REG-Qube Research & Technologies LTD Form 8.3","author":"Business Wire","published_at":"2026-06-19T10:43:00.109Z","article_body":"Form 8.3\n\n \n\nFORM 8.3\n\nPUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY\n\nA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE\n\nRule 8.3 of the Takeover Code (the “Code”)\n\n1. KEY INFORMATION\n (a) Full name of discloser: Qube Research & Technologies Limited \n (b) Owner or controller of interests and short positions disclosed, if   \n different from 1(a): \n \n \n \nThe naming of nominee or vehicle companies is insufficient. For a trust, the \n trustee(s), settlor and beneficiaries must be named. \n (c) Name of offeror/offeree in relation to whose relevant securities this form INTERNATIONAL PERSONAL FINANCE PLC \n relates: \n \n \n \nUse a separate form for each offeror/offeree \n (d) If an exempt fund manager connected with an offeror/offeree, state this   \n and specify identity of offeror/offeree: \n (e) Date position held/dealing undertaken: 18-06-2026 \n \n \n \nFor an opening position disclosure, state the latest practicable date prior to \n the disclosure \n (f) In addition to the company in 1(c) above, is the discloser making N/A \n disclosures in respect of any other party to the offer? \n \n \n \n  \n \nIf it is a cash offer or possible cash offer, state “N/A” \n\n\n2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE\n\nIf there are positions or rights to subscribe to disclose in more than one\nclass of relevant securities of the offeror or offeree named in 1(c), copy\ntable 2(a) or (b) (as appropriate) for each additional class of relevant\nsecurity.\n\n(a) Interests and short positions in the relevant securities of the offeror or\nofferee to which the disclosure relates following the dealing (if any)\n Class of relevant security: 10p ordinary \n \n \n \n  \n   Interests Short positions \n \n \n \n  \n Number % Number % \n (1) Relevant securities owned and/or controlled: 0 0.00 0 0.00 \n (2) Cash-settled derivatives: 7,221,753 3.24 0 0.00 \n \n \n \n  \n (3) Stock-settled derivatives (including options) and agreements to 0 0.00 0 0.00 \n purchase/sell: \n   7,221,753 3.24 0 0.00 \n \n \n \nTOTAL: \n\n\nAll interests and all short positions should be disclosed.\n\nDetails of any open stock-settled derivative positions (including traded\noptions), or agreements to purchase or sell relevant securities, should be\ngiven on a Supplemental Form 8 (Open Positions).\n\n(b) Rights to subscribe for new securities (including directors’ and other\nemployee options)\n Class of relevant security in relation to which subscription right exists: 0 \n Details, including nature of the rights concerned and relevant percentages: 0 \n\n\n3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE\n\nWhere there have been dealings in more than one class of relevant securities\nof the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as\nappropriate) for each additional class of relevant security dealt in.\n\nThe currency of all prices and other monetary amounts should be stated.\n\n(a) Purchases and sales\n Class of relevant security Purchase/sale Number of securities Price per unit (GBp) \n \n \n \n  \n\n\n(b) Cash-settled derivative transactions\n Class of relevant security Product description Nature of dealing Number of securities Exercise price per unit (GBp) \n \n \n \n \ne.g. call option \ne.g. opening/closing a long/short position, increasing/reducing a long/short \n position \n 10p ordinary equity swap decreasing a long position 21119 247.50 \n 10p ordinary equity swap decreasing a long position 400 248.00 \n\n\n(c) Stock-settled derivative transactions (including options)\n\n(i) Writing, selling, purchasing or varying\n 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 Expiry date Option money paid/ received per unit \n \n \n(GBp) \n \ne.g. American, European etc. \n\n\n(ii) Exercise\n Class of relevant security Product description Exercising/ exercised against Number of securities Exercise price per unit \n \n \n \ne.g. call option \n 0 0 0 0   \n \n \n \n0 \n\n\n(d) Other dealings (including subscribing for new securities)\n Class of relevant security Nature of dealing Details Price per unit (if applicable) \n \n \n \ne.g. subscription, conversion \n 0   0 0 \n \n \n \n0 \n\n\n4. OTHER INFORMATION\n\n(a) Indemnity and other dealing arrangements\n Details of any indemnity or option arrangement, or any agreement or \n understanding, formal or informal, relating to relevant securities which may \n be an inducement to deal or refrain from dealing entered into by the person \n making the disclosure and any party to the offer or any person acting in \n concert with a party to the offer: \n \n \n \nIrrevocable commitments and letters of intent should not be included. If there \n are no such agreements, arrangements or understandings, state “none” \n   \n \n \n \nNone \n \n \n \n  \n\n\n(b) Agreements, arrangements or understandings relating to options or\nderivatives\n Details of any agreement, arrangement or understanding, formal or informal, \n between the person making the disclosure and any other person relating to: \n \n \n \n(i) the voting rights of any relevant securities under any option; or \n \n \n \n(ii) the voting rights or future acquisition or disposal of any relevant \n securities to which any derivative is referenced: \n \n \n \nIf there are no such agreements, arrangements or understandings, state \n “none” \n   \n \n \n \nNone \n \n \n \n  \n\n\n(c) Attachments\n Is a Supplemental Form 8 (Open Positions) attached? NO \n\n Date of disclosure: 19-06-2026 \n Contact name: Janice Falcao \n Telephone number: 00442033140679 \n\n\nPublic disclosures under Rule 8 of the Code must be made to a Regulatory\nInformation Service.\n\nThe Panel’s Market Surveillance Unit is available for consultation in\nrelation to the Code’s disclosure requirements on +44 (0)20 7638 0129. The\nCode can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.thetakeoverpanel.org.uk%2F&esheet=54557073&newsitemid=20260619805353&lan=en-US&anchor=www.thetakeoverpanel.org.uk&index=1&md5=4ae6af56b6e581d5d27de57b34511b54)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260619805353/en/\n(https://www.businesswire.com/news/home/20260619805353/en/)\n\nQube Research & Technologies LTD\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw100kLQa","title":"REG-Qube Research & Technologies LTD Form 8.3","author":"Business Wire","ticker":"IPF","created":"2026-06-19T10:43:00.109Z","tickers":["IPF"],"exchange":"LSE","article_body":"Form 8.3\n\n \n\nFORM 8.3\n\nPUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY\n\nA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE\n\nRule 8.3 of the Takeover Code (the “Code”)\n\n1. KEY INFORMATION\n (a) Full name of discloser: Qube Research & Technologies Limited \n (b) Owner or controller of interests and short positions disclosed, if   \n different from 1(a): \n \n \n \nThe naming of nominee or vehicle companies is insufficient. For a trust, the \n trustee(s), settlor and beneficiaries must be named. \n (c) Name of offeror/offeree in relation to whose relevant securities this form INTERNATIONAL PERSONAL FINANCE PLC \n relates: \n \n \n \nUse a separate form for each offeror/offeree \n (d) If an exempt fund manager connected with an offeror/offeree, state this   \n and specify identity of offeror/offeree: \n (e) Date position held/dealing undertaken: 18-06-2026 \n \n \n \nFor an opening position disclosure, state the latest practicable date prior to \n the disclosure \n (f) In addition to the company in 1(c) above, is the discloser making N/A \n disclosures in respect of any other party to the offer? \n \n \n \n  \n \nIf it is a cash offer or possible cash offer, state “N/A” \n\n\n2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE\n\nIf there are positions or rights to subscribe to disclose in more than one\nclass of relevant securities of the offeror or offeree named in 1(c), copy\ntable 2(a) or (b) (as appropriate) for each additional class of relevant\nsecurity.\n\n(a) Interests and short positions in the relevant securities of the offeror or\nofferee to which the disclosure relates following the dealing (if any)\n Class of relevant security: 10p ordinary \n \n \n \n  \n   Interests Short positions \n \n \n \n  \n Number % Number % \n (1) Relevant securities owned and/or controlled: 0 0.00 0 0.00 \n (2) Cash-settled derivatives: 7,221,753 3.24 0 0.00 \n \n \n \n  \n (3) Stock-settled derivatives (including options) and agreements to 0 0.00 0 0.00 \n purchase/sell: \n   7,221,753 3.24 0 0.00 \n \n \n \nTOTAL: \n\n\nAll interests and all short positions should be disclosed.\n\nDetails of any open stock-settled derivative positions (including traded\noptions), or agreements to purchase or sell relevant securities, should be\ngiven on a Supplemental Form 8 (Open Positions).\n\n(b) Rights to subscribe for new securities (including directors’ and other\nemployee options)\n Class of relevant security in relation to which subscription right exists: 0 \n Details, including nature of the rights concerned and relevant percentages: 0 \n\n\n3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE\n\nWhere there have been dealings in more than one class of relevant securities\nof the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as\nappropriate) for each additional class of relevant security dealt in.\n\nThe currency of all prices and other monetary amounts should be stated.\n\n(a) Purchases and sales\n Class of relevant security Purchase/sale Number of securities Price per unit (GBp) \n \n \n \n  \n\n\n(b) Cash-settled derivative transactions\n Class of relevant security Product description Nature of dealing Number of securities Exercise price per unit (GBp) \n \n \n \n \ne.g. call option \ne.g. opening/closing a long/short position, increasing/reducing a long/short \n position \n 10p ordinary equity swap decreasing a long position 21119 247.50 \n 10p ordinary equity swap decreasing a long position 400 248.00 \n\n\n(c) Stock-settled derivative transactions (including options)\n\n(i) Writing, selling, purchasing or varying\n 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 Expiry date Option money paid/ received per unit \n \n \n(GBp) \n \ne.g. American, European etc. \n\n\n(ii) Exercise\n Class of relevant security Product description Exercising/ exercised against Number of securities Exercise price per unit \n \n \n \ne.g. call option \n 0 0 0 0   \n \n \n \n0 \n\n\n(d) Other dealings (including subscribing for new securities)\n Class of relevant security Nature of dealing Details Price per unit (if applicable) \n \n \n \ne.g. subscription, conversion \n 0   0 0 \n \n \n \n0 \n\n\n4. OTHER INFORMATION\n\n(a) Indemnity and other dealing arrangements\n Details of any indemnity or option arrangement, or any agreement or \n understanding, formal or informal, relating to relevant securities which may \n be an inducement to deal or refrain from dealing entered into by the person \n making the disclosure and any party to the offer or any person acting in \n concert with a party to the offer: \n \n \n \nIrrevocable commitments and letters of intent should not be included. If there \n are no such agreements, arrangements or understandings, state “none” \n   \n \n \n \nNone \n \n \n \n  \n\n\n(b) Agreements, arrangements or understandings relating to options or\nderivatives\n Details of any agreement, arrangement or understanding, formal or informal, \n between the person making the disclosure and any other person relating to: \n \n \n \n(i) the voting rights of any relevant securities under any option; or \n \n \n \n(ii) the voting rights or future acquisition or disposal of any relevant \n securities to which any derivative is referenced: \n \n \n \nIf there are no such agreements, arrangements or understandings, state \n “none” \n   \n \n \n \nNone \n \n \n \n  \n\n\n(c) Attachments\n Is a Supplemental Form 8 (Open Positions) attached? NO \n\n Date of disclosure: 19-06-2026 \n Contact name: Janice Falcao \n Telephone number: 00442033140679 \n\n\nPublic disclosures under Rule 8 of the Code must be made to a Regulatory\nInformation Service.\n\nThe Panel’s Market Surveillance Unit is available for consultation in\nrelation to the Code’s disclosure requirements on +44 (0)20 7638 0129. The\nCode can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.thetakeoverpanel.org.uk%2F&esheet=54557073&newsitemid=20260619805353&lan=en-US&anchor=www.thetakeoverpanel.org.uk&index=1&md5=4ae6af56b6e581d5d27de57b34511b54)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260619805353/en/\n(https://www.businesswire.com/news/home/20260619805353/en/)\n\nQube Research & Technologies LTD\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-06-19T10:43:00.160786335Z","server_sent_at_ms":1781865780160},"received_at":"2026-06-19T10:43:00.221Z","source_url":"https://www.businesswire.com/news/home/20260619805353/en/"},"analysis":{"id":"57895","press_release_id":"68483","analysis_json":{"industry":{"label":"Diversified Financial Services","sector":"Financials"},"redFlags":[],"eventType":"insider_transaction","narrative":"Qube Research & Technologies Limited filed a Form 8.3 disclosure under the UK Takeover Code regarding its positions in International Personal Finance PLC (IPF).\n\nThe disclosure reveals Qube holds 7,221,753 cash-settled derivative interests in IPF, representing 3.24% of the relevant securities.\n\nQube reported decreasing its long equity swap positions by 21,119 shares at 247.50 GBp and 400 shares at 248.00 GBp on June 18, 2026.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine takeover code disclosure by major shareholder Qube; minor reduction in derivative positions."},"keyFigures":{"customDimensions":{"dealing_1_shares":21119,"dealing_2_shares":400,"dealing_1_price_gbp":247.5,"dealing_2_price_gbp":248,"total_cash_settled_derivatives":7221753,"total_cash_settled_derivatives_pct":"3.24%"}},"quotedText":"None","namedEntities":{"people":[{"name":"Janice Falcao","role":"Contact"}],"products":[],"companies":[{"name":"Qube Research & Technologies Limited","relationship":"discloser/shareholder"},{"name":"International Personal Finance PLC","ticker":"IPF","relationship":"target/offeree"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"This is a routine regulatory disclosure (Form 8.3 under the UK Takeover Code) by a major shareholder (Qube Research) regarding derivative positions in the target company (IPF). It discloses a reduction in long equity swap positions but does not represent a direct trade by the issuer or a change in control. Such disclosures are standard during takeover bids and carry low material impact for the target's stock price unless they signal a sudden loss of support, which is not evident here."},"tickerRelevance":{"others":[{"ticker":"QUBE","relevance":"major shareholder/discloser"}],"primary":"IPF"},"globalImportance":10,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"context":"takeover-bid-monitoring","tickerTier":"small-cap","eventGravity":"regulatory-disclosure","issuerAuthored":false}},"event_type":"insider_transaction","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Qube Research & Technologies Limited filed a Form 8.3 disclosure under the UK Takeover Code regarding its positions in International Personal Finance PLC (IPF).\n\nThe disclosure reveals Qube holds 7,221,753 cash-settled derivative interests in IPF, representing 3.24% of the relevant securities.\n\nQube reported decreasing its long equity swap positions by 21,119 shares at 247.50 GBp and 400 shares at 248.00 GBp on June 18, 2026.","key_figures":{"customDimensions":{"dealing_1_shares":21119,"dealing_2_shares":400,"dealing_1_price_gbp":247.5,"dealing_2_price_gbp":248,"total_cash_settled_derivatives":7221753,"total_cash_settled_derivatives_pct":"3.24%"}},"named_entities":{"people":[{"name":"Janice Falcao","role":"Contact"}],"products":[],"companies":[{"name":"Qube Research & Technologies Limited","relationship":"discloser/shareholder"},{"name":"International Personal Finance PLC","ticker":"IPF","relationship":"target/offeree"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-19T10:43:13.366Z","global_importance":10,"audience_relevance":15,"importance_components":{"context":"takeover-bid-monitoring","tickerTier":"small-cap","eventGravity":"regulatory-disclosure","issuerAuthored":false}},"durationMs":13164,"modelName":"george-droid-qwen-72b"}}