24 Nov 2015 18:12
Amendment - due to the amendment of Equity and Derivative transactions, the disclosure made on 20 November for dealings on 19 September has been updated. Sections 2(a) and 2(b) have been updated.
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: | (GS) GOLDMAN SACHS INTERNATIONAL |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | ROYAL DUTCH SHELL PLC |
(c) Name of the party to the offer with which exempt principal trader is connected: | BG GROUP PLC |
(d) Date dealing undertaken: | 19 November 2015 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" | YES - disclosed previously for BG GROUP PLC |
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 |
EUR 0.07 A ordinary | Purchases | 1,444,6741,099,113 | 24.2200 EUR16.9000 GBP | 23.7300 EUR16.3653 GBP |
EUR 0.07 A ordinary | Sales | 1,809,412521,42389,080 | 24.2200 EUR16.8950 GBP25.3982 USD | 23.7400 EUR16.5450 GBP25.3982 USD |
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
EUR 0.07 B ordinary | Purchases | 1,960,382 | 17.0550 GBP | 16.6519 GBP |
EUR 0.07 B ordinary | Sales | 1,131,876 | 17.0700 GBP | 16.7050 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 |
EUR 0.07 A ordinary | CFD | Increasing a short position | 75,000 | 16.5746 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 100 | 16.6150 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 16.6150 GBP |
EUR 0.07 A ordinary | CFD | Increasing a short position | 100,000 | 16.6205 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 100 | 16.6250 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 100 | 16.6350 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 9,714 | 16.6369 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 16.6600 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 16.6850 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 16.6950 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 16.7100 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 16.7300 GBP |
EUR 0.07 A ordinary | CFD | Opening a short position | 8,400 | 16.7338 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 16.7700 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 16.7850 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 16.7950 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 23,205 | 16.8068 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 3,686 | 16.8068 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 19,720 | 16.8068 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 11,291 | 16.8068 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 16.8300 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 16.8850 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 3,373 | 23.8302 EUR |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 39,616 | 23.8210 EUR |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 23,284 | 24.0611 EUR |
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 |
EUR 0.07 B ordinary | CFD | Reducing a short position | 4,110 | 16.7476 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 16.7750 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 9,063 | 16.7895 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 2,511 | 16.7957 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 3,400 | 16.8110 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 497 | 16.8150 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 590 | 16.8150 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 140 | 16.8150 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 16.8350 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 2,287 | 16.8422 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 91 | 16.8505 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 56 | 16.8505 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 732 | 16.8569 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 328 | 16.8569 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 486 | 16.8569 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 3,947 | 16.8569 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 9,737 | 16.8569 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 1,721 | 16.8569 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 13,182 | 16.8569 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 1,765 | 16.8569 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 5,299 | 16.8569 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 10,520 | 16.8569 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 3,025 | 16.8569 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 16.8850 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 590 | 16.9050 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 16.9300 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 11,268 | 16.9442 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 22,226 | 16.9442 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 891 | 16.9442 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 16.9750 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 16.9950 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 17.0050 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 17.0200 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 211 | 17.0500 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 51,604 | 16.9146 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 243,685 | 16.9146 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 134,905 | 16.9146 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 28,568 | 16.9146 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 2,064 | 16.9146 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 1,143 | 16.9146 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 11,135 | 17.0049 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 67,685 | 17.0049 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 |
(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 November 2015 |
| Contact name: | Aadithya Rao and Yiannis Bardis |
| Telephone number: | +44(20) 7051 9046 / +44(20) 7774 7107 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.