19 Jan 2016 17:47
Amendment - due to the amendment of Equity and Derivative transactions, the disclosure made on 18 Jan for dealings on 15 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: | 15 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 | 664,6201,375,191 | 18.6350 EUR13.8750 GBP | 17.7500 EUR13.4250 GBP |
EUR 0.07 A ordinary | Sales | 2,402,239217,518 | 13.9300 GBP18.8264 EUR | 13.4162 GBP17.7750 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 | 2,233,764 | 13.9350 GBP | 13.2542 GBP |
EUR 0.07 B ordinary | Sales | 2,809,466 | 13.9300 GBP | 13.4150 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 | Reducing a long position | 1,200 | 13.5099 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 3,634 | 13.5100 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 781 | 13.5100 GBP |
EUR 0.07 A ordinary | CFD | Opening a short position | 3,634 | 13.5222 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 422 | 13.6354 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 30 | 13.6774 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 47 | 13.6774 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 81,929 | 13.6774 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 1,603 | 13.6774 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 35,759 | 13.6774 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 2,474 | 13.6774 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 31,682 | 13.6774 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 155,688 | 13.6774 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 603 | 13.6774 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 1,561 | 13.6774 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 1,160 | 17.8666 EUR |
EUR 0.07 A ordinary | CFD | Opening a long position | 8,866 | 17.8666 EUR |
EUR 0.07 A ordinary | CFD | Increasing a short position | 152,900 | 18.0225 EUR |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 43,672 | 13.4162 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 3,195 | 13.4162 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 20,366 | 13.4162 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 44,117 | 13.4162 GBP |
EUR 0.07 A ordinary | SWAP | Opening a long position | 267,240 | 13.5121 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 87,343 | 13.5252 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 6,392 | 13.5252 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 40,731 | 13.5252 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 88,234 | 13.5252 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 61,140 | 13.5434 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 4,474 | 13.5434 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 28,512 | 13.5434 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 61,764 | 13.5434 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 104,811 | 13.5527 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 7,670 | 13.5527 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 48,878 | 13.5527 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 105,881 | 13.5527 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 14,606 | 13.5636 GBP |
EUR 0.07 A ordinary | SWAP | Opening a short position | 5,090 | 13.5694 GBP |
EUR 0.07 A ordinary | SWAP | Opening a long position | 5,770 | 13.6774 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 1,000 | 13.6774 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 5,770 | 13.6774 GBP |
EUR 0.07 A ordinary | SWAP | Opening a short position | 1,000 | 13.6774 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 1,319 | 18.3650 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 7,090 | 18.3650 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 7,869 | 18.3650 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 14,180 | 18.3650 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 5,426 | 18.3650 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 1,510 | 18.3650 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 5,426 | 18.3650 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 2,713 | 18.3650 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 2,639 | 18.3650 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 2,638 | 18.3650 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 14,181 | 18.3650 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 755 | 18.3650 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 53,663 | 18.3650 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 26,834 | 18.3650 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 53,665 | 18.3650 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 3,934 | 18.3650 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 1,510 | 18.3650 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 7,869 | 18.3650 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 | Increasing a long position | 133,620 | 13.4834 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 68,627 | 13.4850 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 920 | 13.5035 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 200 | 13.5093 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 266 | 13.5130 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 127 | 13.5142 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 216 | 13.5142 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 14,247 | 13.5150 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 14,247 | 13.5150 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 839 | 13.5150 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 7,932 | 13.5305 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 54,713 | 13.5391 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 22,500 | 13.6088 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 3,000 | 13.6088 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 2,600 | 13.6088 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 22,300 | 13.6088 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 10,100 | 13.6088 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 1,700 | 13.6088 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 839 | 13.7800 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 4,075 | 13.5058 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 3,509 | 13.5058 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 72 | 13.5058 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 4,454 | 13.5415 GBP |
EUR 0.07 B ordinary | SWAP | Opening a short position | 7,840 | 13.5699 GBP |
EUR 0.07 B ordinary | SWAP | Opening a short position | 19,160 | 13.5699 GBP |
EUR 0.07 B ordinary | SWAP | Opening a short position | 3,120 | 13.5699 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 54,097 | 13.7600 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 | Put Option | Selling | 25,000 | 15.5000 GBP | AMERICAN | 15/01/2016 | 1.9850 GBP |
EUR 0.07 B ordinary | Put Option | Selling | 21,000 | 15.5000 GBP | AMERICAN | 15/01/2016 | 1.9850 GBP |
EUR 0.07 B ordinary | Put Option | Selling | 33,000 | 15.5000 GBP | AMERICAN | 15/01/2016 | 1.9850 GBP |
EUR 0.07 B ordinary | Put Option | Selling | 38,000 | 15.5000 GBP | AMERICAN | 15/01/2016 | 1.9850 GBP |
EUR 0.07 B ordinary | Put Option | Selling | 31,000 | 15.5000 GBP | AMERICAN | 15/01/2016 | 1.9850 GBP |
EUR 0.07 B ordinary | Put Option | Selling | 167,000 | 15.5000 GBP | AMERICAN | 15/01/2016 | 1.9850 GBP |
EUR 0.07 B ordinary | Put Option | Selling | 85,000 | 15.5000 GBP | AMERICAN | 15/01/2016 | 1.9850 GBP |
EUR 0.07 B ordinary | Put Option | Selling | 31,000 | 15.5000 GBP | AMERICAN | 15/01/2016 | 1.9850 GBP |
EUR 0.07 B ordinary | Put Option | Selling | 167,000 | 15.5000 GBP | AMERICAN | 15/01/2016 | 1.9850 GBP |
EUR 0.07 B ordinary | Put Option | Selling | 25,000 | 15.5000 GBP | AMERICAN | 15/01/2016 | 1.9850 GBP |
EUR 0.07 B ordinary | Put Option | Selling | 21,000 | 15.5000 GBP | AMERICAN | 15/01/2016 | 1.9850 GBP |
EUR 0.07 B ordinary | Put Option | Selling | 85,000 | 15.5000 GBP | AMERICAN | 15/01/2016 | 1.9850 GBP |
EUR 0.07 B ordinary | Put Option | Selling | 33,000 | 15.5000 GBP | AMERICAN | 15/01/2016 | 1.9850 GBP |
EUR 0.07 B ordinary | Put Option | Selling | 38,000 | 15.5000 GBP | AMERICAN | 15/01/2016 | 1.9850 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 | 2,000 | 15.4418 EUR | AMERICAN | 31/12/2030 | 4.4200 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: | 19 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.