19 Feb 2020 10:11
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 | NMC Health plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker & Financial Adviser to NMC Health. |
(d) Date dealing undertaken: | 18 February 2020 |
(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" | N/A |
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 | 383,026
398,505 | 8.7200 GBP
8.6800 GBP | 8.0500 GBP
8.1121 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
| 139 1,336 102 3,042 732 2,184 1,621 8,703 1,481 209 1,737 1,143 4,247 43,308 78,056 2,163 2,340 869 1,398 3,547 1,899 47,582 84 1,163 22,750 191 1,428 1,017 200 6,426 7,662 455 3,311 3,205 3,326 35,891 1,484 1,414 240 1,269 450
100 156 1,170 2,269 3,736 1,269 1,808 139 1,484 6 490 786 340 3,342 445 7,575 493 13,378 447 5,344 37,830 1,455 5,422 209,936 1,031 11,018 | 8.1300 GBP 8.1619 GBP 8.1978 GBP 8.2044 GBP 8.2394 GBP 8.2753 GBP 8.2874 GBP 8.2963 GBP 8.2966 GBP 8.2994 GBP 8.3028 GBP 8.3064 GBP 8.3074 GBP 8.3090 GBP 8.3104 GBP 8.3167 GBP 8.3186 GBP 8.3201 GBP 8.3240 GBP 8.3255 GBP 8.3303 GBP 8.3437 GBP 8.3477 GBP 8.3585 GBP 8.3631 GBP 8.3820 GBP 8.3866 GBP 8.4027 GBP 8.4050 GBP 8.4075 GBP 8.4206 GBP 8.4380 GBP 8.4417 GBP 8.4418 GBP 8.4419 GBP 8.4420 GBP 8.4498 GBP 8.4988 GBP 8.5317 GBP 8.6498 GBP 8.6517 GBP
8.0960 GBP 8.1042 GBP 8.1501 GBP 8.2124 GBP 8.2171 GBP 8.2382 GBP 8.2493 GBP 8.2603 GBP 8.2642 GBP 8.2660 GBP 8.2942 GBP 8.2976 GBP 8.3085 GBP 8.3178 GBP 8.3603 GBP 8.3609 GBP 8.3713 GBP 8.3726 GBP 8.3743 GBP 8.3809 GBP 8.3958 GBP 8.3968 GBP 8.4268 GBP 8.4420 GBP 8.4422 GBP 8.4424 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: | 19 February 2020 |
| 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.