9 Dec 2015 18:15
Amendment - due to the amendment of Equities and Options transactions, the disclosure made on 21 September for dealings on 18 September has been updated. Section 2(a) and 2(c) 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: | 18 September 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 | 1,063,592610,066 | 22.5100 EUR16.3700 GBP | 21.7500 EUR15.8100 GBP |
EUR 0.07 A ordinary | Sales | 304,226702,662 | 16.9713 GBP22.5200 EUR | 15.7950 GBP21.8550 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 | 1,104,04320 | 16.4900 GBP22.2500 EUR | 15.9150 GBP22.2500 EUR |
EUR 0.07 B ordinary | Sales | 755,68220 | 16.4850 GBP22.2500 EUR | 15.9150 GBP22.2500 EUR |
(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 short position | 1,242 | 15.8200 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 1,899 | 15.8200 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 1,899 | 15.8200 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 33,400 | 15.8232 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 18,700 | 15.9424 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 1,252 | 16.0642 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 6,783 | 16.0642 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 731 | 16.0642 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 3,635 | 16.0642 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 2,474 | 16.1315 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 1,603 | 16.1332 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 2,474 | 16.1332 GBP |
EUR 0.07 A ordinary | SWAP | Opening a short position | 4,787 | 21.9857 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 6,407 | 22.2107 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 30,337 | 22.2107 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 42,720 | 22.2107 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 12,114 | 22.2107 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 4,875 | 22.2107 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 1,276 | 22.2107 EUR |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 11,901 | 22.2107 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 | Opening a short position | 1,200 | 15.9763 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 2,871 | 15.9876 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 2,160 | 15.9876 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 5,925 | 15.9900 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 11,060 | 15.9900 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 11,060 | 15.9900 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 11,060 | 15.9900 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 5,925 | 15.9900 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 5,925 | 15.9900 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 47,400 | 15.9900 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 11,060 | 15.9900 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 5,925 | 15.9900 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 11,060 | 15.9900 GBP |
EUR 0.07 B ordinary | CFD | Increasing a short position | 64,300 | 15.9932 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 6,164 | 15.9980 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 4,110 | 15.9980 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 4,109 | 15.9980 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 4,834 | 16.0370 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 1,218 | 16.0566 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 8,671 | 16.0566 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 7,441 | 16.0566 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 5,000 | 16.0866 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 7,063 | 16.0886 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 3,662 | 16.1040 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 14,572 | 16.1040 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 1,000 | 16.1040 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 28,369 | 16.1040 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 4,834 | 16.4289 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 410 | 16.1210 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 1,130 | 16.1210 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 908 | 16.2117 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 2,015 | 16.2117 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 : 1,000.00) | Purchasing | 150 (150,000) | 20.0000 GBP | AMERICAN | 18/09/2015 | 3.7300 GBP |
EUR 0.07 A ordinary | Put Option / (1.00 : 1,000.00) | Purchasing | 150 (150,000) | 20.0000 GBP | AMERICAN | 18/09/2015 | 3.7300 GBP |
EUR 0.07 A ordinary | Put Option / (1.00 : 1,000.00) | Selling | 150 (150,000) | 16.0000 GBP | AMERICAN | 18/09/2015 | 0.0600 GBP |
EUR 0.07 A ordinary | Put Option / (1.00 : 1,000.00) | Selling | 150 (150,000) | 16.0000 GBP | AMERICAN | 18/09/2015 | 0.0600 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 |
EUR 0.07 B ordinary | Call Option | Purchasing | 16,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.5700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 57,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.5700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 10,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.5700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 109,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.5700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 14,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.5700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 24,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.5700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 10,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.5700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 57,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.5700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 14,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.5700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 20,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.5700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 16,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.5700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 24,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.5700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 20,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.5700 GBP |
EUR 0.07 B ordinary | Call Option | Purchasing | 109,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.5700 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 109,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.4100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 109,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.4100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 57,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.4100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 24,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.4100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 24,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.4100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 20,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.4100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 14,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.4100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 57,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.4100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 10,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.4100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 10,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.4100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 16,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.4100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 16,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.4100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 14,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.4100 GBP |
EUR 0.07 B ordinary | Put Option | Purchasing | 20,000 | 16.0000 GBP | AMERICAN | 16/10/2015 | 0.4100 GBP |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising / exercised against | Number of securities | Exercise price per unit |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Exercising | 10 (1,000) | 29.0000 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Exercising | 250 (25,000) | 26.0000 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Exercising | 500 (50,000) | 27.0000 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Exercised Against | 3,400 (340,000) | 25.5000 EUR |
(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: | 09 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.