16 Sep 2019 11:44
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: | 13 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 | 525,085
585,996 | 75.3069
75.4600 | 72.4000
72.4800 |
(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
| 663 14,304 906 696 14 799 7,249 884 125 1,853 1,159 466 2,424 5,082 2,311 2,218 67 2,374 23,917 904 828 799 6,236 1,910 385 88 2,739 397 859 39 3,487 779 1,731 591 187 17,906 222 40 350 7,556 12,500
63 1,401 2,663 1,821 297 17,424 297 1,919 3,669 1,953 5,000 859 4,375 163 80 44 4,081 140 69 1,647 2,737 29,279 | 72.5996 GBP 73.3090 GBP 73.5153 GBP 73.5174 GBP 73.5318 GBP 73.5852 GBP 73.5897 GBP 73.6001 GBP 73.6179 GBP 73.6261 GBP 73.6715 GBP 73.7105 GBP 73.8509 GBP 73.9057 GBP 73.9235 GBP 74.0152 GBP 74.0359 GBP 74.0601 GBP 74.0844 GBP 74.1582 GBP 74.2243 GBP 74.3138 GBP 74.3599 GBP 74.3636 GBP 74.3906 GBP 74.4363 GBP 74.4594 GBP 74.4707 GBP 74.4774 GBP 74.4900 GBP 74.5114 GBP 74.5380 GBP 74.5647 GBP 74.8354 GBP 74.9125 GBP 75.0788 GBP 75.1325 GBP 75.1343 GBP 75.1351 GBP 75.1385 GBP 75.1945 GBP
72.5159 GBP 72.8346 GBP 73.4772 GBP 73.5894 GBP 73.9658 GBP 74.0716 GBP 74.0729 GBP 74.1629 GBP 74.2782 GBP 74.3526 GBP 74.4055 GBP 74.4809 GBP 74.5532 GBP 74.6049 GBP 74.6076 GBP 74.6622 GBP 74.7098 GBP 74.7411 GBP 74.8300 GBP 75.0740 GBP 75.1400 GBP 75.1404 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: | 16 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.