15 Jan 2016 17:25
Amendment - due to the amendment of Equity and Derivative transactions, the disclosure made on 11 Jan for dealings on 08 Jan has been updated. Section 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: | 08 January 2016 |
(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 | 1,304,8194,214,862185,732 | 19.7500 EUR14.5350 GBP20.7945 USD | 18.5140 EUR13.7500 GBP20.7945 USD |
EUR 0.07 A ordinary | Sales | 4,529,952827,343 | 16.9713 GBP19.8863 EUR | 13.7450 GBP18.5150 EUR |
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 | 3,715,608200,000100 | 14.6200 GBP19.6911 USD18.9000 EUR | 13.7550 GBP19.6911 USD18.9000 EUR |
EUR 0.07 B ordinary | Sales | 4,800,239100 | 14.5100 GBP18.9000 EUR | 13.2191 GBP18.9000 EUR |
ADR / (1.00 : 2.00) | Purchases | 40,000 (80,000) | 40.5696 USD | 40.5696 USD |
(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 | Reducing a short position | 1,435 | 13.7500 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 51,534 | 13.7500 GBP |
EUR 0.07 A ordinary | CFD | Increasing a short position | 100 | 13.7700 GBP |
EUR 0.07 A ordinary | CFD | Increasing a short position | 100 | 13.8700 GBP |
EUR 0.07 A ordinary | CFD | Opening a short position | 44 | 13.8809 GBP |
EUR 0.07 A ordinary | CFD | Increasing a short position | 100 | 13.9350 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 2,200 | 13.9370 GBP |
EUR 0.07 A ordinary | CFD | Opening a short position | 16,720 | 13.9916 GBP |
EUR 0.07 A ordinary | CFD | Increasing a short position | 100,000 | 14.0533 GBP |
EUR 0.07 A ordinary | CFD | Increasing a short position | 100 | 14.0700 GBP |
EUR 0.07 A ordinary | CFD | Opening a short position | 5,420 | 14.1101 GBP |
EUR 0.07 A ordinary | CFD | Opening a short position | 51,534 | 14.1148 GBP |
EUR 0.07 A ordinary | CFD | Increasing a short position | 31,342 | 18.5206 EUR |
EUR 0.07 A ordinary | CFD | Increasing a short position | 4,569 | 18.6490 EUR |
EUR 0.07 A ordinary | SWAP | Opening a long position | 25,295 | 14.1209 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 90 | 14.1675 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 50 | 14.1675 GBP |
EUR 0.07 A ordinary | SWAP | Opening a long position | 122,000 | 14.2654 GBP |
EUR 0.07 A ordinary | SWAP | Opening a long position | 81,954 | 14.4118 GBP |
EUR 0.07 A ordinary | SWAP | Opening a short position | 1,393 | 19.4756 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 13,080 | 19.4756 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 49,503 | 19.4756 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 12,354 | 19.4756 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 7,258 | 19.4756 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 2,447 | 19.4756 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 31,880 | 19.4756 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 5,006 | 19.4756 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 12,909 | 19.5202 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 565 | 19.5202 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 20,045 | 19.5202 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 2,940 | 19.5202 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 992 | 19.5202 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 2,026 | 19.5202 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 5,297 | 19.5202 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 5,004 | 19.5202 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 9,188 | 19.5739 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 22,396 | 19.5739 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 1,719 | 19.5739 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 978 | 19.5739 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 5,098 | 19.5739 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 3,516 | 19.5739 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 8,679 | 19.5739 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 34,775 | 19.5739 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 1,719 | 19.6149 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 978 | 19.6149 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 34,776 | 19.6149 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 5,098 | 19.6149 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 3,516 | 19.6149 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 22,396 | 19.6149 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 9,188 | 19.6149 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 8,678 | 19.6149 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 131,731 | 20.7945 USD |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 35,842 | 20.7945 USD |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 18,159 | 20.7945 USD |
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 | 27,743 | 13.7550 GBP |
EUR 0.07 B ordinary | CFD | Increasing a short position | 4,648 | 13.8494 GBP |
EUR 0.07 B ordinary | CFD | Increasing a short position | 100 | 13.8600 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 36,368 | 13.9154 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 36,368 | 13.9154 GBP |
EUR 0.07 B ordinary | CFD | Increasing a short position | 100 | 13.9250 GBP |
EUR 0.07 B ordinary | CFD | Increasing a short position | 100 | 13.9350 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 183 | 13.9710 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 107 | 13.9710 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 2,300 | 13.9738 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 15,001 | 13.9950 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 389,251 | 14.0266 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 65,938 | 14.0266 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 157,612 | 14.0266 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 9,148 | 14.0293 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 11,534 | 14.0350 GBP |
EUR 0.07 B ordinary | CFD | Increasing a short position | 100 | 14.0750 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 2,227 | 14.1218 GBP |
EUR 0.07 B ordinary | CFD | Increasing a short position | 100 | 14.1600 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 1,829 | 14.1638 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 27,743 | 14.1953 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 50,000 | 14.1970 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 8,254 | 14.1970 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 5,134 | 14.1970 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 400 | 14.1970 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 5,424 | 14.1970 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 400 | 14.1970 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 32,475 | 14.1970 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 10,826 | 14.1970 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 83,660 | 14.1970 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 40,767 | 14.1970 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 138,924 | 14.1970 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 44,830 | 14.1972 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 14,547 | 14.1972 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 5,796 | 14.2701 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 1,863 | 14.2701 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 10,180 | 14.3124 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 34,360 | 14.3124 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 50,776 | 14.3788 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 216,464 | 14.3788 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 15 | 14.3893 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 89,080 | 14.4805 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 133,620 | 14.4805 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 8,899 | 14.5145 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 145 | 14.5145 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 1,033 | 14.5145 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 4,063 | 14.5145 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 7,928 | 14.5145 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 12 | 14.5145 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 29 | 14.5145 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 1,182 | 14.5145 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 948 | 14.5145 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 472 | 14.5145 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 132 | 14.5145 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 4 | 14.5600 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 200,000 | 19.6911 USD |
EUR 0.07 B ordinary | CFD | Reducing a short position | 342 | 20.7994 USD |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 7,992 | 14.1243 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 1,955 | 14.1243 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 4,751 | 14.1243 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 712 | 14.1717 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 15,560 | 14.1717 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 39,469 | 14.1717 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 80 | 14.1728 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 8,908 | 14.1908 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 4,454 | 14.2584 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 779 | 14.3048 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 989 | 14.3048 GBP |
EUR 0.07 B ordinary | SWAP | Opening a short position | 122,000 | 14.3467 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 148,299 | 14.4100 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 128,959 | 14.4700 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 |
EUR 0.07 B ordinary | Call Option / (1.00 : 1,000.00) | Purchasing | 450 (450,000) | 14.5000 GBP | AMERICAN | 17/06/2016 | 0.9850 GBP |
EUR 0.07 B ordinary | Call Option / (1.00 : 1,000.00) | Selling | 450 (450,000) | 14.5000 GBP | AMERICAN | 17/06/2016 | 0.9850 GBP |
EUR 0.07 B ordinary | Forward | Opening a short position | 506,000 | N/A | N/A | N/A | 11.8017 GBP |
EUR 0.07 B ordinary | Forward | Opening a short position | 506,000 | N/A | N/A | N/A | 11.5194 GBP |
EUR 0.07 B ordinary | Put Option / (1.00 : 1,000.00) | Purchasing | 225 (225,000) | 14.5000 GBP | AMERICAN | 17/06/2016 | 1.4475 GBP |
EUR 0.07 B ordinary | Put Option / (1.00 : 1,000.00) | Purchasing | 450 (450,000) | 14.5000 GBP | AMERICAN | 17/06/2016 | 1.4475 GBP |
EUR 0.07 B ordinary | Put Option / (1.00 : 1,000.00) | Selling | 225 (225,000) | 14.5000 GBP | AMERICAN | 17/06/2016 | 1.4475 GBP |
EUR 0.07 B ordinary | Put Option / (1.00 : 1,000.00) | Selling | 450 (450,000) | 14.5000 GBP | AMERICAN | 17/06/2016 | 1.4475 GBP |
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 |
Warrant | Call Warrant | Purchasing | 1,000 | 12.6139 EUR | AMERICAN | 31/12/2030 | 7.4800 EUR |
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 |
Warrant | Call Warrant | Purchasing | 5,000 | 17.4139 EUR | AMERICAN | 08/01/2016 | 2.3500 EUR |
(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: | 15 January 2016 |
| Contact name: | Joanna Foley and Yiannis Bardis |
| Telephone number: | +44(20) 7051 9996 / +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.