17 Sep 2019 10:21
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 | London Stock Exchange Group plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Defence Advisor to London Stock Exchange Group plc |
(d) Date dealing undertaken: | 16 September 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" | Yes, Hong Kong Exchanges and Clearing Limited |
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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Share | Purchase
Sale | 268,594
320,337 | 74.3400
74.3400 | 72.8563
72.7600 |
(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
| 388 225 339 253 2,436 117 61 598 204 187 5,477 403 1,950 5,800 6,761 1,603 381 1,905 262 1,160 6,730 2,564 205 345 6,396 724 5,734 136 2,597 18 6,432 10,539 149 3,765 7,554 21,416 12,087
64 2,098 7,481 1,796 4,408 1,580 208 1,190 1,039 3,673 44 586 136 434 763 98 124 3,392 320 2,317 3,367 32,082 25 | 72.8578 GBP 72.9503 GBP 73.1893 GBP 73.2074 GBP 73.2092 GBP 73.2586 GBP 73.2608 GBP 73.2943 GBP 73.3138 GBP 73.3621 GBP 73.3712 GBP 73.3734 GBP 73.3799 GBP 73.3802 GBP 73.3831 GBP 73.4162 GBP 73.4201 GBP 73.4212 GBP 73.4214 GBP 73.4287 GBP 73.4739 GBP 73.4980 GBP 73.5022 GBP 73.5058 GBP 73.5342 GBP 73.5385 GBP 73.5823 GBP 73.6278 GBP 73.6635 GBP 73.7696 GBP 73.9902 GBP 74.0077 GBP 74.0344 GBP 74.0382 GBP 74.0385 GBP 74.0396 GBP 74.3400 GBP
72.9435 GBP 73.0735 GBP 73.2594 GBP 73.2663 GBP 73.2764 GBP 73.3204 GBP 73.4062 GBP 73.4531 GBP 73.4702 GBP 73.4719 GBP 73.5122 GBP 73.5314 GBP 73.5322 GBP 73.5554 GBP 73.5595 GBP 73.5669 GBP 73.5706 GBP 73.5918 GBP 73.6059 GBP 73.6603 GBP 73.6985 GBP 74.0400 GBP 74.0474 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 |
Ordinary Share |
(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: | 17 September 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.