13 Sep 2019 09:20
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: | 12 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 | Lowest price per unit paid/received |
Ordinary Share | Purchase
Sale | 485,694
297,685 | 72.9765 GBP
72.9200 GBP | 71.6400 GBP
71.6402 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
| 36 24 45 3,500 463 21 1,260 3,896 2,335 477 250 88 4,399 116 2,598 230 12,621 184 10,924 4,944 1,567 421 763 167 83 5,991 18,864 222 1,321 27 124 9 439 783 97
5 255 2,794 2,120 111 2,744 4,720 1,324 1,683 185 30,378 1,055 393 811 4,299 1,906 3,131 860 44 10,254 180 1,277 2,415 196 24,703 1,069 15,608 1,463 222 715 19,917 3,771 14,412 204 57 5,490 48 628 4,535 31,569 1,120 408 4,565 1,936 3,326 912 | 71.8646 GBP 71.8978 GBP 71.9771 GBP 71.9942 GBP 72.0224 GBP 72.1382 GBP 72.1900 GBP 72.1909 GBP 72.2012 GBP 72.2130 GBP 72.2131 GBP 72.2147 GBP 72.2339 GBP 72.2478 GBP 72.2480 GBP 72.2638 GBP 72.2751 GBP 72.2889 GBP 72.3675 GBP 72.3868 GBP 72.4308 GBP 72.4875 GBP 72.4912 GBP 72.5128 GBP 72.5146 GBP 72.5167 GBP 72.5200 GBP 72.5288 GBP 72.5361 GBP 72.5597 GBP 72.5613 GBP 72.5982 GBP 72.6225 GBP 72.8025 GBP 72.9196 GBP
71.7940 GBP 71.8435 GBP 72.0008 GBP 72.0340 GBP 72.0422 GBP 72.1018 GBP 72.1200 GBP 72.1738 GBP 72.2008 GBP 72.2279 GBP 72.2630 GBP 72.2680 GBP 72.2684 GBP 72.2687 GBP 72.2702 GBP 72.2717 GBP 72.2724 GBP 72.2731 GBP 72.2749 GBP 72.2822 GBP 72.3006 GBP 72.3538 GBP 72.3594 GBP 72.3740 GBP 72.3957 GBP 72.3991 GBP 72.4015 GBP 72.4299 GBP 72.4414 GBP 72.4514 GBP 72.4832 GBP 72.5200 GBP 72.5204 GBP 72.5247 GBP 72.5500 GBP 72.5668 GBP 72.5722 GBP 72.6668 GBP 72.7586 GBP 72.9765 GBP 72.9816 GBP 72.9819 GBP 72.9838 GBP 72.9852 GBP 72.9860 GBP 72.9867 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: | 13 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.