25 Sep 2019 10:20
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: | 24 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 | Lowest price per unit paid/received |
Ordinary Share | Purchase
Sale | 224,307
267,172 | 73.9300 GBP
73.9400 GBP | 72.9800 GBP
72.9800 GBP |
(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
| 18,025 351 276 403 497 339 2,988 455 83 1,724 1,574 90 85 1 1,302 264 536 1,103 2,570 1,268 2,501 1,343 1,337 825 28 4,909 6,935 882 275 131 265 1,626 2,907 614 276 148 5,016 449 21,489 39 147
10,099 89 83 719 626 3 232 1,966 1,003 671 229 4,922 1,400 491 5 12 | 72.5800 GBP 73.0582 GBP 73.2828 GBP 73.3182 GBP 73.3221 GBP 73.3541 GBP 73.3555 GBP 73.3703 GBP 73.3966 GBP 73.4464 GBP 73.4528 GBP 73.4702 GBP 73.4745 GBP 73.4796 GBP 73.4929 GBP 73.4982 GBP 73.5010 GBP 73.5016 GBP 73.5131 GBP 73.5173 GBP 73.5515 GBP 73.5536 GBP 73.5900 GBP 73.6106 GBP 73.6300 GBP 73.6421 GBP 73.6429 GBP 73.6534 GBP 73.6536 GBP 73.6582 GBP 73.6595 GBP 73.6598 GBP 73.6874 GBP 73.6882 GBP 73.6926 GBP 73.6945 GBP 73.6967 GBP 73.6987 GBP 73.6996 GBP 73.7000 GBP 73.8578 GBP
72.5800 GBP 73.0260 GBP 73.1642 GBP 73.1700 GBP 73.2068 GBP 73.2927 GBP 73.2939 GBP 73.3046 GBP 73.3210 GBP 73.3268 GBP 73.3324 GBP 73.3356 GBP 73.3395 GBP 73.3811 GBP 73.7514 GBP 73.8874 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: | 25 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.