23 Sep 2019 10:32
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: | 20 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 | 249,146
174,840 | 72.6200
72.5200 | 71.6800
71.6800 |
(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
| 2,798 1,989 291 1,869 174 1,407 482 2,296 142 2,323 790 49 4,999 383 98 277 8 106 8,360 18,872 50,945
641 500 510 32 38 2,122 162 559 480 612 4,598 43 8,429 4,073 1,318 7,570 101 7,169 5,191 4,268 267 260 1,518 180 4,438 965 3 42 17,528 2,919 1,093 560 1,970 9,938 2,465 11,558 4,664 139 | 71.8971 GBP 72.0000 GBP 72.0298 GBP 72.0317 GBP 72.0403 GBP 72.1411 GBP 72.1425 GBP 72.1544 GBP 72.1667 GBP 72.1714 GBP 72.1785 GBP 72.1878 GBP 72.1935 GBP 72.2500 GBP 72.2709 GBP 72.3596 GBP 72.4928 GBP 72.4943 GBP 72.4993 GBP 72.4996 GBP 72.5000 GBP
71.8838 GBP 71.9142 GBP 71.9304 GBP 71.9618 GBP 71.9622 GBP 71.9648 GBP 71.9658 GBP 71.9837 GBP 71.9840 GBP 71.9849 GBP 71.9947 GBP 72.0000 GBP 72.0245 GBP 72.0297 GBP 72.0315 GBP 72.0455 GBP 72.0507 GBP 72.0574 GBP 72.0718 GBP 72.0783 GBP 72.0949 GBP 72.1043 GBP 72.1077 GBP 72.1104 GBP 72.1198 GBP 72.1346 GBP 72.1822 GBP 72.2036 GBP 72.2125 GBP 72.2215 GBP 72.2510 GBP 72.2671 GBP 72.4128 GBP 72.4557 GBP 72.4930 GBP 72.5000 GBP 72.5040 GBP 72.6100 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: | 23 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.