26 Sep 2019 10:47
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: | 25 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 | 122,265
124,643 | 73.0950
73.0560 | 71.8522
71.8000 |
(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
| 149 66 3,854 45 468 1,721 277 1,651 189 518 2,686 380 3,173 445 6 683 125 881 7,121 193 491 17 17 32 158 2
354 186 95 846 52 214 3,171 74 2,322 4,724 2,884 1,084 222 82 3 1,523 1,075 375 1,755 572 610 442 106 198 418 31,409 4 | 71.9000 GBP 72.2178 GBP 72.2251 GBP 72.2478 GBP 72.2916 GBP 72.3305 GBP 72.3438 GBP 72.3591 GBP 72.3895 GBP 72.3929 GBP 72.4006 GBP 72.4064 GBP 72.4565 GBP 72.4587 GBP 72.4728 GBP 72.4759 GBP 72.5315 GBP 72.5353 GBP 72.5367 GBP 72.5400 GBP 72.5612 GBP 72.6378 GBP 72.6978 GBP 72.7207 GBP 73.0546 GBP 73.0560 GBP
71.8522 GBP 71.9697 GBP 72.0411 GBP 72.0471 GBP 72.1225 GBP 72.1392 GBP 72.1431 GBP 72.1454 GBP 72.1568 GBP 72.1585 GBP 72.2098 GBP 72.2585 GBP 72.2660 GBP 72.2709 GBP 72.2714 GBP 72.2715 GBP 72.3406 GBP 72.3427 GBP 72.3882 GBP 72.3975 GBP 72.5400 GBP 72.5404 GBP 72.5459 GBP 72.7134 GBP 72.7378 GBP 72.9600 GBP 73.0950 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: | 26 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.