27 Sep 2019 11:07
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: | 26 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 | 381,988
431,836 | 73.5000
73.5000 | 72.6800
72.6800 |
(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
| 233,340 46 200 182 14 8 1,561 191 102 37 42 495 352 1,803 301 700 61 4 4,066 353 7,158 19,367 6,838
170,391 61 74 97 434 188 140 95 275 402 127 332 1,763 495 121 3,371 1,625 888 958 1,741 710 403 417 110 8,889 752 78 60 23,445 353 208 2,922 1,922 74 13,263 5,169 | 72.6800 GBP 72.8175 GBP 72.8566 GBP 72.8829 GBP 72.9164 GBP 72.9289 GBP 72.9408 GBP 72.9534 GBP 73.0262 GBP 73.0478 GBP 73.0507 GBP 73.0696 GBP 73.0727 GBP 73.1095 GBP 73.1458 GBP 73.1542 GBP 73.2396 GBP 73.2527 GBP 73.2591 GBP 73.4952 GBP 73.4985 GBP 73.4996 GBP 73.5000 GBP
72.6800 GBP 72.7822 GBP 72.8406 GBP 72.9129 GBP 72.9743 GBP 72.9958 GBP 73.0049 GBP 73.0108 GBP 73.0294 GBP 73.0331 GBP 73.0573 GBP 73.0590 GBP 73.0594 GBP 73.0595 GBP 73.0604 GBP 73.0622 GBP 73.0635 GBP 73.0873 GBP 73.0898 GBP 73.0947 GBP 73.1053 GBP 73.1204 GBP 73.1222 GBP 73.1240 GBP 73.1350 GBP 73.1526 GBP 73.1858 GBP 73.2282 GBP 73.2383 GBP 73.2492 GBP 73.2607 GBP 73.2737 GBP 73.3550 GBP 73.5000 GBP 73.5004 GBP 73.5033 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: | 27 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.