25 Nov 2015 07:00
Amendment - due to the amendment of Equity, Derivatives and Stock-settled derivative (including options) transactions, the disclosure made on 28 October for dealings on 27 October has been updated. Sections 2(a), 2(b) and 2(c) 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: | 27 October 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 | 749,015650,609 | 24.2050 EUR17.3900 GBP | 23.5500 EUR16.9750 GBP |
EUR 0.07 A ordinary | Sales | 870,912659,254 | 21.4009 GBP24.0550 EUR | 16.9800 GBP23.5800 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 | 851,866 | 17.4550 GBP | 17.0200 GBP |
EUR 0.07 B ordinary | Sales | 1,158,652 | 17.3900 GBP | 17.0300 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 long position | 1,200 | 17.0919 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 1,749 | 17.0950 GBP |
EUR 0.07 A ordinary | CFD | Opening a short position | 1,749 | 17.1550 GBP |
EUR 0.07 A ordinary | CFD | Increasing a short position | 388 | 23.7622 EUR |
EUR 0.07 A ordinary | CFD | Reducing a short position | 151,778 | 23.8496 EUR |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 122,322 | 17.0916 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 13,848 | 17.1001 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 94,358 | 17.1273 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 2,687 | 17.1570 GBP |
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 | 6,033 | 17.1642 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 1,600 | 17.1725 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 1,300 | 17.1725 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 9,500 | 17.1725 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 9,200 | 17.1725 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 900 | 17.1725 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 8,900 | 17.1725 GBP |
EUR 0.07 B ordinary | CFD | Increasing a short position | 3,000 | 17.1853 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 43,963 | 17.1977 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 1,626 | 17.2013 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 4,766 | 17.2013 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 102 | 17.2116 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 163 | 17.2116 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 2,134 | 17.2150 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 4,633 | 17.2150 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 1,808 | 17.2150 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 2,309 | 17.2150 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 93,232 | 17.2174 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 48,415 | 17.2174 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 1,808 | 17.2184 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 30,926 | 17.2227 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 19,519 | 17.2230 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 6,594 | 17.2287 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 134,905 | 17.2368 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 243,685 | 17.2368 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 | Put Option / (1.00 : 100.00) | Selling | 2 (200) | 18.0000 EUR | AMERICAN | 18/12/2015 | 0.0000 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Selling | 23 (2,300) | 26.0000 EUR | AMERICAN | 18/12/2015 | 0.0000 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 | Purchasing | 19,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.4700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 11,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.4700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 44,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.4700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 85,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.4700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 13,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.4700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 16,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.4700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 85,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.4700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 16,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.4700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 13,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.4700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 19,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.4700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 12,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.4700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 44,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.4700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 12,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.4700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 11,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.4700 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 85,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.5100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 16,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.5100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 19,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.5100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 13,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.5100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 44,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.5100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 11,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.5100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 12,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.5100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 44,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.5100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 19,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.5100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 16,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.5100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 13,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.5100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 85,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.5100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 11,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.5100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 12,000 | 17.0000 GBP | AMERICAN | 20/11/2015 | 0.5100 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 | 20.5209 EUR | AMERICAN | 31/12/2030 | 3.7300 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: | 24 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.