1 Feb 2016 16:17
Amendment - due to the amendment of Equity and Derivative transactions, the disclosure made on 01 Feb for dealings on 29 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: | 28 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 | 889,7011,094,331 | 20.4350 EUR15.2100 GBP | 19.3550 EUR14.6650 GBP |
EUR 0.07 A ordinary | Sales | 693,798956,538 | 15.2500 GBP20.4300 EUR | 14.6950 GBP19.3900 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 | 5,657,842 | 15.4100 GBP | 14.6450 GBP |
EUR 0.07 B ordinary | Sales | 5,980,576 | 15.4150 GBP | 14.6450 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 long position | 4,687 | 14.8332 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 14.8350 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 9,790 | 14.8730 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 1,100 | 14.9234 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 1,524 | 14.9500 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 1,754 | 14.9500 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 4,687 | 14.9500 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 1,524 | 14.9500 GBP |
EUR 0.07 A ordinary | CFD | Increasing a short position | 11,000 | 14.9575 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 14.9650 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 14.9850 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 15.0650 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 2,227 | 15.0700 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 15.1700 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 500 | 15.1823 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 3,255 | 15.1823 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 100 | 15.1823 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 15.2250 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 15.2500 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 10,000 | 19.6804 EUR |
EUR 0.07 A ordinary | CFD | Reducing a short position | 15,000 | 19.7401 EUR |
EUR 0.07 A ordinary | CFD | Reducing a short position | 20,441 | 19.7591 EUR |
EUR 0.07 A ordinary | CFD | Reducing a short position | 10,000 | 19.8181 EUR |
EUR 0.07 A ordinary | CFD | Reducing a short position | 10,000 | 19.8371 EUR |
EUR 0.07 A ordinary | CFD | Reducing a short position | 25,000 | 19.8450 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 43 | 14.9705 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 | 4 | 14.7450 USD |
EUR 0.07 B ordinary | CFD | Reducing a long position | 8 | 14.7545 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 3,279 | 14.7835 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 7,035 | 14.8443 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 2,011 | 14.8443 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 348,881 | 14.9063 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 15,042 | 14.9225 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 100 | 14.9280 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 90 | 14.9280 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 14,059 | 14.9478 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 20,442 | 14.9478 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 68,627 | 14.9478 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 1,630 | 14.9542 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 17 | 14.9542 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 11,792 | 14.9542 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 7,337 | 14.9600 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 13,315 | 14.9600 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 828 | 14.9600 GBP |
EUR 0.07 B ordinary | CFD | Increasing a short position | 13,570 | 14.9600 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 1,440 | 14.9600 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100,000 | 14.9600 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 10,026 | 14.9600 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 1,328 | 14.9600 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 3,279 | 14.9600 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 1,446 | 14.9600 GBP |
EUR 0.07 B ordinary | CFD | Increasing a short position | 56,000 | 14.9725 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 1,446 | 14.9800 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 16 | 14.9975 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 51,221 | 15.0075 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 15.0300 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 8,908 | 15.0572 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 5,000 | 15.1091 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 100 | 15.1800 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 384 | 15.2500 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 71 | 15.2500 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 100 | 15.3000 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 100 | 15.3500 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 200 | 15.4100 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a short position | 200 | 14.9116 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a short position | 500 | 14.9116 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 7,522 | 14.9625 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 6,449 | 14.9625 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 55,472 | 14.9625 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 6,139 | 14.9625 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 136 | 14.9625 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 48,659 | 15.1333 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 42,507 | 15.1333 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 364,607 | 15.1333 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 39,915 | 15.1333 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 933 | 15.1333 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 | Selling | 255,000 | 19.6000 EUR | EUROPEAN | 21/12/2018 | 2.3400 EUR |
EUR 0.07 A ordinary | Put Option | Purchasing | 255,000 | 19.6000 EUR | EUROPEAN | 21/12/2018 | 5.2494 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 | 11,000 | 15.0790 EUR | AMERICAN | 31/12/2030 | 4.2600 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: | 01 February 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.