27 Sep 2016 13:24
FORM 8 (DD)
PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON ACTING IN CONCERT (INCLUDING DEALINGS FOR THE ACCOUNT OF DISCRETIONARY INVESTMENT CLIENTS)
Rules 8.1, 8.2 and 8.4 of the Takeover Code (the "Code")
The Panel Executive has agreed on an ex parte basis that the dealings below have no Takeover Code consequences.
1. KEY INFORMATION
(a) Full name of discloser: | RBC (Barbados) Trading Bank Bahamas Branch |
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. | |
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | London Stock Exchange Group Plc. |
(d) Status of person making the disclosure: e.g. offeror, offeree, person acting in concert with the offeror/offeree (specify name of offeror/offeree) | London Stock Exchange Group Plc. |
(e) Date dealing undertaken: | 09 September 2016 (in addition, RBC (Barbados) Trading Bank Bahamas Branch has dealt on previous dates during the Offer Period, the details of such dealings are attached at the end of this form)
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(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" | No |
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing
Class of relevant security:
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| Interests | Short positions | ||
Number | % | Number | % | |
(1) Relevant securities owned and/or controlled: | 0 | 0.00 | ||
(2) Cash-settled derivatives:
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | ||||
TOTAL: | 0 | 0.00 | ||
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
(b) Rights to subscribe for new securities (including directors' and other employee options)
Class of relevant security in relation to which subscription right exists: | |
Details, including nature of the rights concerned and relevant percentages: |
3. DEALINGS BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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
(i) Party to an offer or person acting in concert (except for a principal trader in the same group as a connected adviser)
Class of relevant security | Purchase/sale
| Number of securities | Price per unit |
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(ii) Principal trader where the sole reason for the connection is that the principal trader is in the same group as a connected adviser
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
(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 |
Ord. GB00B0SWJX34 | CFD
| Closing short position | Buy 10,358 | High 2707p Low 2704p |
(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 |
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(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) |
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4. 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 party to the offer or person acting in concert making the disclosure and any other person: 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 party to the offer or person acting in concert 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
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(c) Attachments
Are any Supplemental Forms attached?
Supplemental Form 8 (Open Positions) | YES/NO |
Supplemental Form 8 (SBL) | YES/NO |
| Date of disclosure: | 27 September 2016 |
| Contact name: | Garret Schembri |
| Telephone number: | 020 7429 8669 |
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 dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Cash-settled derivative transactions (refer to Section 1(e))
Date dealing undertaken | class of relevant security | Product description e.g. CFD | Nature of dealinge.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
23/02/2016 | Ord.GB00B0SWJX34 | CFD | Decreasing short position | Buy 20,311 | High 2657pLow 2301p |
23/02/2016 | Ord.GB00B0SWJX34 | CFD | Decreasing short position | Sell 8,368 | High 2467pLow 2327p |
24/02/2016 | Ord.GB00B0SWJX34 | CFD | Increasing long position | Buy 4,532 | High 2600pLow 2532p |
24/02/2016 | Ord.GB00B0SWJX34 | CFD | Increasing long position | Sell 2,272 | High 2541pLow 2512p |
25/02/2016 | Ord.GB00B0SWJX34 | CFD | Decreasing long position | Sell 121 | High 2640pLow 2640p |
26/02/2016 | Ord.GB00B0SWJX34 | CFD | Decreasing long position | Sell 6,889 | High 2816pLow 2685p |
29/02/2016 | Ord.GB00B0SWJX34 | CFD | Decreasing long position | Buy 399 | High 2702pLow 2677p |
29/02/2016 | Ord.GB00B0SWJX34 | CFD | Decreasing long position | Sell 1,263 | High 2689pLow 2675p |
01/03/2016 | Ord.GB00B0SWJX34 | CFD | Increasing long position | Buy 3,766 | High 2877pLow 2870p |
01/03/2016 | Ord.GB00B0SWJX34 | CFD | Increasing long position | Sell 1,778 | High 2892pLow 2890p |
02/03/2016 | Ord.GB00B0SWJX34 | CFD | Decreasing long position | Sell 8,884 | High 2877pLow 2805p |
03/03/2016 | Ord.GB00B0SWJX34 | CFD | Increasing short position | buy 1,187 | High 2861pLow 2861p |
03/03/2016 | Ord.GB00B0SWJX34 | CFD | Increasing short position | Sell 3,055 | High 2899pLow 2897p |
04/03/2016 | Ord.GB00B0SWJX34 | CFD | Increasing short position | Buy 1,038 | High 2861pLow 2861p |
04/03/2016 | Ord.GB00B0SWJX34 | CFD | Increasing short position | Sell 2,864 | High 2853pLow 2840p |
07/03/2016 | Ord.GB00B0SWJX34 | CFD | Increasing short position | Sell 4,262 | High 2803pLow 2780p |
08/03/2016 | Ord.GB00B0SWJX34 | CFD | Increasing short position | Sell 1,825 | High 2823pLow 2823p |
06/05/2016 | Ord.GB00B0SWJX34 | CFD | Decreasing short position | Buy 1,560 | High 2589pLow 2589p |