2 Oct 2019 11:33
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: | 1 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 | 176,445
128,136 | 73.7800
73.6900 | 72.3200
72.4000 |
(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
| 255 4,577 22,630 22 3,418 653 1,186 50 2,632 133 948 417 280 1,431 88 45 114 1,622
66 98 455 183 3 63 150 9,985 9 62 447 225 14,428 1,660 8,666 71 508 63 1,562 4,290 431 1,972 8,593 1,116 1,002 6,986 3,527 2,636 1,469 567 7,375 1,486 7,058 368 273 | 72.5546 GBP 72.5567 GBP 72.5596 GBP 72.5600 GBP 72.8094 GBP 73.0523 GBP 73.0737 GBP 73.0778 GBP 73.1200 GBP 73.1784 GBP 73.1835 GBP 73.2581 GBP 73.3023 GBP 73.3239 GBP 73.3301 GBP 73.3378 GBP 73.3389 GBP 73.3853 GBP
72.4585 GBP 72.4604 GBP 72.4643 GBP 72.4704 GBP 72.5073 GBP 72.5082 GBP 72.5122 GBP 72.5394 GBP 72.5422 GBP 72.5436 GBP 72.5476 GBP 72.5573 GBP 72.5600 GBP 72.5647 GBP 72.5671 GBP 72.5825 GBP 72.5900 GBP 72.6404 GBP 72.7521 GBP 72.8901 GBP 72.8987 GBP 72.9032 GBP 72.9108 GBP 72.9111 GBP 72.9393 GBP 72.9602 GBP 72.9731 GBP 72.9912 GBP 72.9991 GBP 73.0096 GBP 73.0560 GBP 73.0917 GBP 73.1074 GBP 73.1836 GBP 73.2895 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: | 2 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.