7 Oct 2019 10:28
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: | 4 October 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 | 185,995
157,330 | 73.8800
73.8600 | 72.3800
72.3000 |
(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
| 7,321 59 14 2,973 398 729 815 115 280 38 2,180 1,072 1,796 159 923 3,236 1,389 160 327 3,828 6,385 664 4 4,579 1,020 140 106 940 2 1,588 924 120 173 543 240 336 1,719 25 8,715 57 861 96 8,756 137 533
27,200 52 2,860 98 824 522 1,610 212 1,704 4,844 6,916 28 298 78 3 50 61 15,500 8,109 19,760 | 72.9467 GBP 72.9778 GBP 72.9971 GBP 73.0485 GBP 73.0601 GBP 73.1141 GBP 73.1155 GBP 73.1182 GBP 73.1531 GBP 73.1793 GBP 73.1806 GBP 73.1993 GBP 73.2331 GBP 73.2466 GBP 73.2495 GBP 73.2702 GBP 73.3015 GBP 73.3031 GBP 73.3068 GBP 73.3374 GBP 73.3869 GBP 73.4083 GBP 73.4185 GBP 73.4259 GBP 73.4321 GBP 73.4785 GBP 73.5427 GBP 73.5478 GBP 73.5500 GBP 73.5968 GBP 73.5978 GBP 73.6100 GBP 73.6426 GBP 73.7012 GBP 73.7329 GBP 73.7645 GBP 73.8112 GBP 73.8140 GBP 73.8167 GBP 73.8178 GBP 73.8179 GBP 73.8185 GBP 73.8196 GBP 73.8200 GBP 73.8600 GBP
72.5124 GBP 72.8737 GBP 72.9879 GBP 73.0147 GBP 73.0920 GBP 73.1046 GBP 73.1272 GBP 73.1580 GBP 73.1782 GBP 73.1833 GBP 73.2001 GBP 73.2393 GBP 73.2671 GBP 73.3573 GBP 73.3648 GBP 73.3822 GBP 73.4019 GBP 73.6968 GBP 73.8200 GBP 73.8204 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: | 7 October 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.