15 Jan 2016 17:23
Amendment - due to the amendment of Warrant transactions, the disclosure made on 13 Jan for dealings on 12 Jan has been updated. Section 2(c) has 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: | 12 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 | 2,713,1671,371,808 | 18.7700 EUR13.8600 GBP | 18.1450 EUR13.3950 GBP |
EUR 0.07 A ordinary | Sales | 1,743,612690,426 | 13.9400 GBP18.6750 EUR | 13.3800 GBP18.1550 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 | 2,231,224 | 13.9425 GBP | 13.4050 GBP |
EUR 0.07 B ordinary | Sales | 2,671,245 | 13.9550 GBP | 13.4050 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 | Opening a short position | 1,554 | 13.4100 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 9,963 | 13.5100 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 1,239 | 13.5100 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 5,967 | 13.5100 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 1,554 | 13.5100 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 5,967 | 13.6136 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 425,000 | 13.6396 GBP |
EUR 0.07 A ordinary | CFD | Increasing a short position | 100,000 | 13.7187 GBP |
EUR 0.07 A ordinary | CFD | Increasing a short position | 35,474 | 18.1805 EUR |
EUR 0.07 A ordinary | CFD | Increasing a short position | 3,787 | 18.2277 EUR |
EUR 0.07 A ordinary | CFD | Reducing a short position | 34,441 | 18.3914 EUR |
EUR 0.07 A ordinary | CFD | Reducing a long position | 5,834 | 18.4566 EUR |
EUR 0.07 A ordinary | CFD | Reducing a short position | 4,831 | 18.6642 EUR |
EUR 0.07 A ordinary | SWAP^ | Reducing a long position | 1,406,530 | 18.2350 EUR |
^Please note this product is part of a basket of securities for which ROYAL DUTCH SHELL PLC is a component
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 | Opening a short position | 3,026 | 13.4300 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 8,908 | 13.4465 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 4 | 13.4753 GBP |
EUR 0.07 B ordinary | CFD | Increasing a short position | 3,830 | 13.4877 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 59,130 | 13.4900 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 3,026 | 13.4900 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 9,991 | 13.4900 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 5,295 | 13.4900 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 2,800 | 13.4900 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 1,000 | 13.5561 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 24,230 | 13.5583 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 161,683 | 13.5717 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 89 | 13.6355 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 153 | 13.6355 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 5,295 | 13.6475 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 2,100 | 13.6535 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 40,095 | 13.7373 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 16,774 | 13.7373 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 99,021 | 13.7373 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 27,352 | 13.7432 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 1,000 | 13.8025 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 44,540 | 13.8490 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 44,540 | 13.8490 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 4,398 | 13.8680 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 473,100 | 13.5701 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 130 | 13.6581 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 1,100 | 13.6581 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 2,760 | 13.6581 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 180 | 13.6581 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 320 | 13.6581 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 72 | 13.7308 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 3,964 | 13.7308 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 3,415 | 13.7308 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a short position | 57,461 | 13.8411 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a short position | 3,652 | 13.8411 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a short position | 4,342 | 13.8411 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a short position | 2,831 | 13.8411 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a short position | 68,318 | 13.8411 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a short position | 3,366 | 13.8411 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 A ordinary | Call Option / (1.00 : 100.00) | Selling | 1,000 (100,000) | 23.0000 EUR | AMERICAN | 18/03/2016 | 0.1000 EUR |
EUR 0.07 A ordinary | Call Option / (1.00 : 100.00) | Selling | 2,750 (275,000) | 23.0000 EUR | AMERICAN | 18/03/2016 | 0.1000 EUR |
EUR 0.07 A ordinary | Call Option / (1.00 : 100.00) | Selling | 1,000 (100,000) | 23.0000 EUR | AMERICAN | 18/03/2016 | 0.1000 EUR |
EUR 0.07 A ordinary | Call Option / (1.00 : 100.00) | Selling | 250 (25,000) | 23.0000 EUR | AMERICAN | 18/03/2016 | 0.1000 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 26 (2,600) | 19.0000 EUR | AMERICAN | 16/09/2016 | 2.7600 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 26 (2,600) | 19.0000 EUR | AMERICAN | 16/09/2016 | 2.7600 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 100 (10,000) | 19.0000 EUR | AMERICAN | 16/09/2016 | 2.7600 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 100 (10,000) | 19.0000 EUR | AMERICAN | 16/09/2016 | 2.7600 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 22 (2,200) | 19.0000 EUR | AMERICAN | 16/09/2016 | 2.7600 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 100 (10,000) | 19.0000 EUR | AMERICAN | 16/09/2016 | 2.7600 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 50 (5,000) | 19.0000 EUR | AMERICAN | 16/09/2016 | 2.7600 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 26 (2,600) | 19.0000 EUR | AMERICAN | 16/09/2016 | 2.7600 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 100 (10,000) | 19.0000 EUR | AMERICAN | 16/09/2016 | 2.7600 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 250 (25,000) | 23.0000 EUR | AMERICAN | 18/03/2016 | 5.3000 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 1,000 (100,000) | 23.0000 EUR | AMERICAN | 18/03/2016 | 5.3000 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 2,750 (275,000) | 23.0000 EUR | AMERICAN | 18/03/2016 | 5.3000 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 1,000 (100,000) | 23.0000 EUR | AMERICAN | 18/03/2016 | 5.3000 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 |
EUR 0.07 B ordinary | Call Option / (1.00 : 1,000.00) | Selling | 500 (500,000) | 13.5000 GBP | AMERICAN | 18/03/2016 | 0.7900 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 | 6.0200 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 | 4,000 | 9.8232 EUR | AMERICAN | 31/12/2030 | 0.0000 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.