25 Jan 2016 16:47
Amendment - due to the amendment of Equity and Derivative transactions, the disclosure made on 22 Jan for dealings on 21 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: | 21 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 | 1,208,1831,709,172 | 13.1800 GBP17.9759 EUR | 12.5950 GBP16.5550 EUR |
EUR 0.07 A ordinary | Sales | 2,547,2551,500,377 | 13.1750 GBP17.4300 EUR | 12.6850 GBP16.5400 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 | 3,170,858 | 13.2100 GBP | 12.3021 GBP |
EUR 0.07 B ordinary | Sales | 2,820,589 | 13.2200 GBP | 12.6200 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 | 790 | 12.7025 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 19,890 | 12.7025 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 3,260 | 12.7025 GBP |
EUR 0.07 A ordinary | CFD | Opening a short position | 833 | 12.7100 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 110 | 12.7650 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 550 | 12.9400 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 4,000 | 13.0337 GBP |
EUR 0.07 A ordinary | CFD | Opening a short position | 5,000 | 13.0400 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 50,000 | 13.0619 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 1,100 | 13.0725 GBP |
EUR 0.07 A ordinary | CFD | Increasing a short position | 1,900 | 13.1271 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 833 | 13.1650 GBP |
EUR 0.07 A ordinary | CFD | Increasing a short position | 5,533 | 16.5654 EUR |
EUR 0.07 A ordinary | CFD | Increasing a short position | 2,765 | 16.5883 EUR |
EUR 0.07 A ordinary | CFD | Reducing a short position | 12,759 | 16.6100 EUR |
EUR 0.07 A ordinary | CFD | Increasing a short position | 3,952 | 16.9536 EUR |
EUR 0.07 A ordinary | CFD | Increasing a short position | 22,564 | 17.4352 EUR |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 87,344 | 12.7005 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 6,392 | 12.7005 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 40,730 | 12.7005 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 88,234 | 12.7005 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 2,160 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 1,200 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 1,496 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 8,075 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 2,160 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 409 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 1,200 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 7,490 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 409 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 363 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 5,408 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 785 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 2,063 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 8,074 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 204 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 827 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 2 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 239 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 4,744 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 517 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 2,269 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 239 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 1,141 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 827 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 5,408 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 2,268 | 12.7089 GBP |
EUR 0.07 A ordinary | SWAP^ | Reducing a long position | 11,501 | 12.7200 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 52,406 | 12.7300 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 3,835 | 12.7300 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 24,438 | 12.7300 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 52,941 | 12.7300 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 174,687 | 12.7459 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 12,783 | 12.7459 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 81,462 | 12.7459 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 176,468 | 12.7459 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 174,687 | 12.9506 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 12,783 | 12.9506 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 81,462 | 12.9506 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 176,468 | 12.9506 GBP |
EUR 0.07 A ordinary | SWAP | Opening a long position | 222,700 | 12.9878 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 52,406 | 13.0728 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 3,835 | 13.0728 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 24,438 | 13.0728 GBP |
EUR 0.07 A ordinary | SWAP | Increasing a long position | 52,941 | 13.0728 GBP |
EUR 0.07 A ordinary | SWAP | Opening a short position | 1,790 | 13.0843 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 813 | 16.7010 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 5,004 | 16.7010 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 12,909 | 16.7010 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 2,080 | 16.7010 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 | Increasing a short position | 5,579 | 12.6489 GBP |
EUR 0.07 B ordinary | CFD | Increasing a short position | 2,784 | 12.6529 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 89,080 | 12.7533 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 2,672 | 12.7542 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 7,762 | 12.8001 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 50,776 | 12.8116 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 16,034 | 12.8116 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 3,474 | 12.8475 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 20,578 | 12.8475 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 539 | 12.8571 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 7,389 | 12.8571 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 106 | 12.8862 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 180 | 12.8862 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 2,315 | 12.8904 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 55,675 | 12.8972 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 55,675 | 12.8972 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 2,700 | 12.9097 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 20,100 | 12.9097 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 20,200 | 12.9097 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 9,100 | 12.9097 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 2,400 | 12.9097 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 1,600 | 12.9097 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 550 | 12.9500 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 932 | 12.9841 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 24,772 | 12.9841 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 33,703 | 12.9935 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 10,837 | 12.9935 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 2,526 | 13.0131 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 2,600 | 13.0305 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 10,100 | 13.0305 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 3,000 | 13.0305 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 1,800 | 13.0305 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 22,400 | 13.0305 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 22,300 | 13.0305 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 46,136 | 13.0771 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 19,286 | 13.1288 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 16,366 | 13.1288 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 18,699 | 13.1288 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 855 | 13.1288 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 557 | 13.1288 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 400 | 13.1549 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 299 | 13.1750 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 2,315 | 13.1850 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 29,131 | 12.6400 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 473,100 | 12.6616 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 956 | 12.7622 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 1,113 | 12.7622 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 6,555 | 12.9077 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 5,546 | 12.9077 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 144 | 12.9077 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 / (1.00 : 1,000.00) | Purchasing | 7 (7,000) | 12.0000 GBP | AMERICAN | 19/08/2016 | 1.3000 GBP |
EUR 0.07 B ordinary | Put Option / (1.00 : 1,000.00) | Purchasing | 28 (28,000) | 12.0000 GBP | AMERICAN | 19/08/2016 | 1.3000 GBP |
EUR 0.07 B ordinary | Put Option / (1.00 : 1,000.00) | Purchasing | 7 (7,000) | 12.0000 GBP | AMERICAN | 19/08/2016 | 1.3000 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 | 11,000 | 12.6139 EUR | AMERICAN | 31/12/2030 | 4.3700 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 | Put Warrant | Purchasing | 4,000 | 20.7675 EUR | AMERICAN | 31/12/2030 | 4.0900 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 | 8,000 | 15.4418 EUR | AMERICAN | 31/12/2030 | 2.4100 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: | 25 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.