27 Dec 2019 07:00
Amendment - due to the amendment of Derivative transactions, the disclosure made on 23 December for dealings on 20 December has been updated. Section 2(b) has been updated.
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: | (GS) GOLDMAN SACHS INTERNATIONAL |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | JUST EAT PLC |
(c) Name of the party to the offer with which exempt principal trader is connected: | JUST EAT PLC |
(d) Date dealing undertaken: | 20 December 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 the offer? If it is a cash offer or possible cash offer, state "N/A" | YES - disclosed previously for TAKEAWAY.COM N.V. |
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 |
1p ordinary | Purchases | 12,481,345 | 8.1920 GBP | 7.4436 GBP |
1p ordinary | Sales | 7,868,919 | 8.1780 GBP | 7.8480 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 |
1p ordinary | CFD | Increasing a short position | 33,462 | 7.8623 GBP |
1p ordinary | CFD | Increasing a short position | 876 | 7.9115 GBP |
1p ordinary | CFD | Reducing a short position | 2,557 | 7.9144 GBP |
1p ordinary | CFD | Increasing a short position | 25,146 | 7.9181 GBP |
1p ordinary | CFD | Increasing a short position | 58,913 | 7.9181 GBP |
1p ordinary | CFD | Increasing a short position | 70,168 | 7.9181 GBP |
1p ordinary | CFD | Opening a short position | 28,397 | 7.9181 GBP |
1p ordinary | CFD | Increasing a short position | 28,397 | 7.9181 GBP |
1p ordinary | CFD | Increasing a short position | 25,146 | 7.9181 GBP |
1p ordinary | CFD | Increasing a short position | 58,913 | 7.9181 GBP |
1p ordinary | CFD | Increasing a short position | 70,168 | 7.9181 GBP |
1p ordinary | CFD | Reducing a short position | 33,462 | 7.9191 GBP |
1p ordinary | CFD | Opening a short position | 2,118 | 7.9200 GBP |
1p ordinary | CFD | Increasing a short position | 1,635 | 7.9332 GBP |
1p ordinary | CFD | Reducing a short position | 30,000 | 7.9393 GBP |
1p ordinary | CFD | Reducing a long position | 23,149 | 7.9427 GBP |
1p ordinary | CFD | Reducing a long position | 22,664 | 7.9427 GBP |
1p ordinary | CFD | Reducing a long position | 197,137 | 7.9427 GBP |
1p ordinary | CFD | Reducing a long position | 276 | 7.9467 GBP |
1p ordinary | CFD | Reducing a short position | 2,118 | 7.9486 GBP |
1p ordinary | CFD | Reducing a short position | 100,000 | 7.9500 GBP |
1p ordinary | CFD | Reducing a short position | 100,000 | 7.9500 GBP |
1p ordinary | CFD | Reducing a short position | 200,000 | 7.9500 GBP |
1p ordinary | CFD | Reducing a short position | 100,000 | 7.9500 GBP |
1p ordinary | CFD | Increasing a short position | 9,228 | 7.9503 GBP |
1p ordinary | CFD | Increasing a short position | 27,490 | 7.9516 GBP |
1p ordinary | CFD | Increasing a short position | 27,490 | 7.9516 GBP |
1p ordinary | CFD | Reducing a long position | 652 | 7.9543 GBP |
1p ordinary | CFD | Increasing a short position | 28,325 | 7.9555 GBP |
1p ordinary | CFD | Opening a short position | 33,746 | 7.9584 GBP |
1p ordinary | CFD | Reducing a long position | 3,926 | 7.9586 GBP |
1p ordinary | CFD | Reducing a long position | 7,859 | 7.9588 GBP |
1p ordinary | CFD | Opening a short position | 2,943 | 7.9588 GBP |
1p ordinary | CFD | Increasing a short position | 50,000 | 7.9622 GBP |
1p ordinary | CFD | Increasing a short position | 2,027 | 7.9641 GBP |
1p ordinary | CFD | Increasing a short position | 1,966 | 7.9704 GBP |
1p ordinary | CFD | Increasing a short position | 122 | 7.9716 GBP |
1p ordinary | CFD | Increasing a short position | 25,000 | 7.9718 GBP |
1p ordinary | CFD | Reducing a short position | 155,000 | 7.9720 GBP |
1p ordinary | CFD | Reducing a short position | 20,000 | 7.9733 GBP |
1p ordinary | CFD | Reducing a long position | 50,000 | 7.9764 GBP |
1p ordinary | CFD | Increasing a short position | 43,058 | 7.9773 GBP |
1p ordinary | CFD | Increasing a short position | 50,000 | 7.9790 GBP |
1p ordinary | CFD | Opening a short position | 51,909 | 7.9831 GBP |
1p ordinary | CFD | Opening a short position | 419,991 | 7.9831 GBP |
1p ordinary | CFD | Increasing a short position | 93 | 7.9841 GBP |
1p ordinary | CFD | Increasing a short position | 3,971 | 7.9892 GBP |
1p ordinary | CFD | Increasing a short position | 50,000 | 8.0010 GBP |
1p ordinary | CFD | Increasing a short position | 12,000 | 8.0064 GBP |
1p ordinary | CFD | Increasing a short position | 14,111 | 8.0157 GBP |
1p ordinary | CFD | Increasing a short position | 670,000 | 8.0185 GBP |
1p ordinary | CFD | Increasing a short position | 50,000 | 8.0194 GBP |
1p ordinary | CFD | Increasing a short position | 34,053 | 8.0198 GBP |
1p ordinary | CFD | Increasing a short position | 79,781 | 8.0198 GBP |
1p ordinary | CFD | Increasing a short position | 95,022 | 8.0198 GBP |
1p ordinary | CFD | Increasing a short position | 34,053 | 8.0198 GBP |
1p ordinary | CFD | Increasing a short position | 79,781 | 8.0198 GBP |
1p ordinary | CFD | Increasing a short position | 95,022 | 8.0198 GBP |
1p ordinary | CFD | Reducing a short position | 15,899 | 8.0443 GBP |
1p ordinary | CFD | Reducing a short position | 24,109 | 8.0455 GBP |
1p ordinary | CFD | Opening a short position | 90,822 | 8.0852 GBP |
1p ordinary | CFD | Increasing a short position | 108,987 | 8.0852 GBP |
1p ordinary | CFD | Increasing a short position | 73,269 | 8.0903 GBP |
1p ordinary | CFD | Increasing a short position | 171,656 | 8.0903 GBP |
1p ordinary | CFD | Increasing a short position | 204,447 | 8.0903 GBP |
1p ordinary | CFD | Reducing a short position | 7,159 | 8.0970 GBP |
1p ordinary | CFD | Opening a short position | 16,500 | 8.1000 GBP |
1p ordinary | CFD | Opening a short position | 133,500 | 8.1000 GBP |
1p ordinary | CFD | Increasing a long position | 353 | 8.1107 GBP |
1p ordinary | CFD | Increasing a long position | 310 | 8.1163 GBP |
1p ordinary | CFD | Reducing a short position | 139 | 8.1181 GBP |
1p ordinary | CFD | Increasing a long position | 94 | 8.1252 GBP |
1p ordinary | CFD | Reducing a short position | 120 | 8.1356 GBP |
1p ordinary | CFD | Reducing a short position | 31,886 | 8.1419 GBP |
1p ordinary | CFD | Opening a short position | 75,000 | 8.1497 GBP |
1p ordinary | CFD | Reducing a short position | 20,000 | 8.1529 GBP |
1p ordinary | CFD | Reducing a short position | 12 | 8.1556 GBP |
1p ordinary | CFD | Reducing a short position | 30,000 | 8.1570 GBP |
1p ordinary | CFD | Increasing a long position | 384 | 8.1572 GBP |
1p ordinary | CFD | Opening a short position | 188,000 | 8.1802 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 December 2019 |
| Contact name: | Kashif Rafiq and Papa Lette |
| Telephone number: | +44(20) 7051 0547 / +44(20) 7774 7442 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.