1 Jul 2019 11:26
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: | J.P. Morgan Securities Plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | BCA Marketplace plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker to BCA Marketplace plc |
(d) Date dealing undertaken: | 28 June 2019 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" | N/A |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(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 | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
Ordinary Share
| Purchase
Sale | 3,116,823
6,885,971 | 2.4371 GBP
2.4320 GBP | 2.4141 GBP
2.4100 GBP |
(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 |
Ordinary Share | Equity Swap | Long
Short
| 2,028,109 71,764 18,016 53,796 44,844 3,255 56,236 18,877 41,856 47,590 45,481 54,648 8,009 750,000 13,260 38,243 3,250,000 215,612 4,800 23,655 10,367 89,048 559
4,584 269 8,365 2,301 57,795 53,632 8,641 3,136 15,754 11,663 48,833 13,246 24,719 56,935 3,922 3,413 2,250,000 4,124 2,882 42,062 832 | 2.4100 GBP 2.4205 GBP 2.4210 GBP 2.4224 GBP 2.4234 GBP 2.4239 GBP 2.4241 GBP 2.4246 GBP 2.4258 GBP 2.4261 GBP 2.4268 GBP 2.4270 GBP 2.4271 GBP 2.4276 GBP 2.4277 GBP 2.4282 GBP 2.4283 GBP 2.4284 GBP 2.4293 GBP 2.4295 GBP 2.4299 GBP 2.4300 GBP 2.4318 GBP
2.4141 GBP 2.4142 GBP 2.4160 GBP 2.4161 GBP 2.4171 GBP 2.4174 GBP 2.4179 GBP 2.4193 GBP 2.4196 GBP 2.4202 GBP 2.4216 GBP 2.4219 GBP 2.4228 GBP 2.4232 GBP 2.4236 GBP 2.4256 GBP 2.4291 GBP 2.4300 GBP 2.4301 GBP 2.4309 GBP 2.4371 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) |
|
3. 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 exempt principal trader 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 exempt principal trader 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
|
| Date of disclosure: | 1 July 2019 |
| Contact name: | Alwyn Basch |
| Telephone number: | 020 7742 7407 |
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 dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.