27 Jun 2019 11:33
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: | 26 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 | 18,429,374
13,498,869 | 2.4302 GBP
2.4220 GBP | 2.4080 GBP
2.4080 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
| 18,903 50,082 118,719 10,139 115,270 10,805 3,727 722,917 5,788 7 11,002 46,211 42,026 7,231 42,173 93,504 12,906 607 82,675 33,282 80,406 24 40,413 540 26,504 6,414
803,577 215,666 34,051 39,307 210 5,200 129,966 567,670 52,014 157,439 5,200 17,189 2,500,000 3,090 114,105 110,615 46,088 26,128 19,280 9,701 35,507 20,540 19,621 22,467 3,942 | 2.4099 GBP 2.4104 GBP 2.4105 GBP 2.4109 GBP 2.4112 GBP 2.4117 GBP 2.4118 GBP 2.4120 GBP 2.4123 GBP 2.4129 GBP 2.4135 GBP 2.4137 GBP 2.4138 GBP 2.4139 GBP 2.4143 GBP 2.4146 GBP 2.4148 GBP 2.4149 GBP 2.4152 GBP 2.4159 GBP 2.4160 GBP 2.4163 GBP 2.4167 GBP 2.4188 GBP 2.4189 GBP 2.4217 GBP
2.4100 GBP 2.4101 GBP 2.4104 GBP 2.4113 GBP 2.4122 GBP 2.4124 GBP 2.4127 GBP 2.4130 GBP 2.4136 GBP 2.4142 GBP 2.4144 GBP 2.4145 GBP 2.4147 GBP 2.4151 GBP 2.4157 GBP 2.4168 GBP 2.4169 GBP 2.4170 GBP 2.4187 GBP 2.4202 GBP 2.4215 GBP 2.4216 GBP 2.4220 GBP 2.4221 GBP 2.4302 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: | 27 June 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.