17 Dec 2015 17:19
Amendment - due to the amendment of Equity transactions, the disclosure made on 16 Nov for dealings on 13 Nov has been updated. Section 2(a) and 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: | 13 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 | 422,343378,678 | 22.8300 EUR16.0100 GBP | 22.2500 EUR15.6000 GBP |
EUR 0.07 A ordinary | Sales | 416,843328,40395,296 | 16.9713 GBP22.8200 EUR24.0117 USD | 15.5950 GBP22.2450 EUR24.0117 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 | 1,188,897 | 23.3593 GBP | 15.7350 GBP |
EUR 0.07 B ordinary | Sales | 759,498 | 16.1250 GBP | 15.5728 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 | 100 | 15.6350 GBP |
EUR 0.07 A ordinary | CFD | Opening a short position | 1,276 | 15.6800 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 1,200 | 15.7161 GBP |
EUR 0.07 A ordinary | CFD | Increasing a short position | 100 | 15.7200 GBP |
EUR 0.07 A ordinary | CFD | Increasing a short position | 100 | 15.7350 GBP |
EUR 0.07 A ordinary | CFD | Opening a short position | 300 | 15.7850 GBP |
EUR 0.07 A ordinary | CFD | Opening a short position | 8,700 | 15.7957 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 1,276 | 15.8497 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 2,784 | 22.3543 EUR |
EUR 0.07 A ordinary | CFD | Reducing a long position | 2,500 | 22.4825 EUR |
EUR 0.07 A ordinary | SWAP | Increasing a short position | 7,584 | 22.4217 EUR |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 84,740 | 24.0117 USD |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 8,339 | 24.0117 USD |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 2,217 | 24.0117 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 | Increasing a short position | 100 | 15.7550 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 1,497 | 15.7794 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 2,414 | 15.8156 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 1,098 | 15.8200 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 623 | 15.8200 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 701 | 15.8200 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 63,117 | 15.8271 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 788 | 15.8712 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 74 | 15.8954 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 78 | 15.8954 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 11,200 | 15.9076 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 623 | 15.9600 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 40,185 | 16.0587 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 300 | 16.0800 GBP |
EUR 0.07 B ordinary | CFD | Increasing a short position | 100 | 16.0800 GBP |
EUR 0.07 B ordinary | CFD | Increasing a short position | 300 | 16.0850 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 167,303 | 15.8550 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 73,213 | 15.8550 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 3,121 | 15.9196 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 11,516 | 15.9196 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 5,513 | 15.9196 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 271 | 15.9196 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 1,299 | 15.9196 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 74,884 | 15.9196 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 14,746 | 15.9196 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 68,109 | 15.9700 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 1,604 | 15.9700 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 7,684 | 15.9700 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 87,212 | 15.9700 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 18,458 | 15.9700 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 32,606 | 15.9700 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 442,883 | 15.9700 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 |
Warrant | Call Warrant | Purchasing | 69,000 | 20.9860 EUR | AMERICAN | 31/12/2030 | 1.9700 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: | 17 December 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.