30 Sep 2019 11:02
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: | 27 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 | 175,795
121,643 | 75.1200
74.7642 | 73.0400
73.1100 |
(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
| 120 200 226 518 75 12 1,715 4,273 1,848 306 1,565 3,070 3,747 85 80 819 46 282 50 71 59 335
303 352 707 1,616 1,056 1,007 952 91 4,885 1,163 2,034 19,328 2,454 4,425 235 290 312 3,916 374 18 248 8 25 1,851 530 22,621 759 315 3,088 1,138 2,249 617 1,023 | 73.1100 GBP 73.2813 GBP 73.4310 GBP 73.4339 GBP 73.4560 GBP 73.5908 GBP 73.5952 GBP 73.6534 GBP 73.6941 GBP 73.8418 GBP 73.8638 GBP 73.8736 GBP 73.8892 GBP 73.8921 GBP 74.0778 GBP 74.0900 GBP 74.2778 GBP 74.3110 GBP 74.3542 GBP 74.4174 GBP 74.4796 GBP 74.5369 GBP
73.2780 GBP 73.3273 GBP 73.3523 GBP 73.3639 GBP 73.3657 GBP 73.4529 GBP 73.4922 GBP 73.5218 GBP 73.5579 GBP 73.5843 GBP 73.5979 GBP 73.6004 GBP 73.6033 GBP 73.6535 GBP 73.6980 GBP 73.7996 GBP 73.8046 GBP 73.8503 GBP 73.8819 GBP 74.0204 GBP 74.0213 GBP 74.1019 GBP 74.1219 GBP 74.1614 GBP 74.1933 GBP 74.2971 GBP 74.3023 GBP 74.3027 GBP 74.3046 GBP 74.3060 GBP 74.3068 GBP 74.3075 GBP 74.7904 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: | 30 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.