25 Sep 2019 15:42
AMENDMENT
INCREASED EQUITY PURCHASES BY 18,451 TO 261,540
ADDED EQUITY SWAP SALES OF 18,451
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: | 19 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 | 261,540
165,726 | 72.4890
72.4900 | 71.4800
71.6500 |
(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
| 477 122 43 587 76 63 135 2,319 378 974 170 1,005 99 351 302 148 15,631 15,006
311 48 271 516 263 1,403 599 1,000 1,053 261 1,463 842 335 52 1,753 712 6,892 1,186 4,604 6,657 142 4,831 662 853 284 1,240 3,735 861 1,735 52 2,713 163 10,370 27,469 298 298 323 336 593 423 33,765 248 1,216 10,135 6,001 18,451 | 71.6500 GBP 71.7371 GBP 71.8989 GBP 71.9482 GBP 71.9806 GBP 71.9878 GBP 72.0272 GBP 72.0292 GBP 72.0424 GBP 72.0589 GBP 72.1251 GBP 72.2098 GBP 72.2422 GBP 72.2891 GBP 72.3069 GBP 72.4528 GBP 72.4596 GBP 72.4600 GBP
71.7529 GBP 71.8622 GBP 71.9007 GBP 71.9064 GBP 71.9428 GBP 71.9457 GBP 71.9592 GBP 71.9639 GBP 71.9657 GBP 71.9819 GBP 71.9820 GBP 71.9992 GBP 72.0018 GBP 72.0022 GBP 72.0029 GBP 72.0129 GBP 72.0248 GBP 72.0439 GBP 72.0948 GBP 72.1387 GBP 72.1596 GBP 72.1715 GBP 72.1863 GBP 72.1915 GBP 72.1918 GBP 72.2049 GBP 72.2069 GBP 72.2092 GBP 72.2248 GBP 72.2314 GBP 72.2544 GBP 72.2922 GBP 72.2975 GBP 72.3000 GBP 72.3313 GBP 72.3324 GBP 72.3330 GBP 72.3454 GBP 72.3542 GBP 72.3736 GBP 72.3862 GBP 72.4217 GBP 72.4600 GBP 72.4604 GBP 72.4640 GBP 90.3141 USD |
(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.