25 Jan 2016 11:15
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: | 22 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 | 838,7848,047,174 | 25.4649 EUR13.9950 GBP | 18.0400 EUR13.3810 GBP |
EUR 0.07 A ordinary | Sales | 514,167746,554 | 16.9713 GBP18.7500 EUR | 13.6050 GBP18.0150 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 | 3,426,343 | 14.0550 GBP | 13.6650 GBP |
EUR 0.07 B ordinary | Sales | 1,926,528 | 14.0600 GBP | 10.6710 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 short position | 100 | 13.6050 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 100 | 13.7050 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 100 | 13.7100 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 100 | 13.7350 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 100 | 13.7350 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 100 | 13.8150 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 52,240 | 13.8649 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 1,100 | 13.8672 GBP |
EUR 0.07 A ordinary | CFD | Opening a short position | 52,240 | 13.8694 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 3,889 | 13.8721 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 400,000 | 13.8747 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 100 | 13.8850 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 100 | 13.9150 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 100 | 13.9300 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 1,000 | 13.9400 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 2,000 | 13.9495 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 100,000 | 13.9652 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 17,779 | 18.1094 EUR |
EUR 0.07 A ordinary | CFD | Reducing a short position | 12,649 | 18.1935 EUR |
EUR 0.07 A ordinary | CFD | Reducing a short position | 20,116 | 18.5444 EUR |
EUR 0.07 A ordinary | CFD | Increasing a long position | 13,342 | 18.5856 EUR |
EUR 0.07 A ordinary | CFD | Increasing a short position | 20,000 | 18.5871 EUR |
EUR 0.07 A ordinary | CFD | Increasing a short position | 20,000 | 18.6187 EUR |
EUR 0.07 A ordinary | CFD | Increasing a short position | 20,000 | 18.6354 EUR |
EUR 0.07 A ordinary | CFD | Increasing a short position | 40,000 | 18.6406 EUR |
EUR 0.07 A ordinary | CFD | Increasing a short position | 20,000 | 18.6544 EUR |
EUR 0.07 A ordinary | CFD | Increasing a short position | 10,000 | 18.6898 EUR |
EUR 0.07 A ordinary | SWAP | Opening a short position | 227,910 | 13.6898 GBP |
EUR 0.07 A ordinary | SWAP | Opening a short position | 88,318 | 13.6898 GBP |
EUR 0.07 A ordinary | SWAP | Opening a short position | 93,510 | 13.6898 GBP |
EUR 0.07 A ordinary | SWAP | Opening a short position | 353,896 | 13.6898 GBP |
EUR 0.07 A ordinary | SWAP | Opening a short position | 9,958 | 13.6898 GBP |
EUR 0.07 A ordinary | SWAP | Opening a short position | 51,890 | 13.6898 GBP |
EUR 0.07 A ordinary | SWAP | Opening a short position | 17,394 | 13.6898 GBP |
EUR 0.07 A ordinary | SWAP | Opening a short position | 35,782 | 13.6898 GBP |
EUR 0.07 A ordinary | SWAP | Opening a long position | 50,000 | 13.7598 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 2,363,451 | 13.7850 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 2,387,331 | 13.7850 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 1,189,339 | 13.7850 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 182,875 | 13.7850 GBP |
EUR 0.07 A ordinary | SWAP | Opening a short position | 5,010 | 13.8314 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 | 100 | 13.6400 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 12,796 | 13.6408 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 18,288 | 13.7000 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 13.7400 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 35,823 | 13.7897 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 13.7950 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 13.8400 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 9,689 | 13.8616 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 34,358 | 13.8616 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 40,629 | 13.8800 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 40,629 | 13.8915 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 3,585 | 13.9020 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 26,672 | 13.9020 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 8,009 | 13.9020 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 1,704 | 13.9020 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 5,450 | 13.9025 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 8,674 | 13.9025 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 622 | 13.9025 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 14,247 | 13.9092 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 5,161 | 13.9092 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 13 | 13.9293 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 2,676 | 13.9436 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 91 | 13.9545 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 155 | 13.9545 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 13.9550 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 3,476 | 13.9932 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 13.9950 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 2 | 14.0019 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 2,000 | 14.0101 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 100,000 | 14.0326 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 14.0400 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 44,540 | 13.6940 GBP |
EUR 0.07 B ordinary | SWAP | Opening a short position | 50,000 | 13.8046 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 44,540 | 13.8240 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 15,791 | 13.8520 GBP |
EUR 0.07 B ordinary | SWAP | Opening a short position | 8,130 | 13.8676 GBP |
EUR 0.07 B ordinary | SWAP | Opening a short position | 445,400 | 13.8769 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 97,023 | 13.9604 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 24,541 | 13.9604 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 19,993 | 13.9604 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 23,326 | 13.9604 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 2,856 | 13.9604 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 34,116 | 13.9604 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 20,535 | 13.9604 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 788,632 | 13.9604 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 63,645 | 13.9604 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 13,684 | 13.9604 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 10,868 | 13.9604 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a short position | 227 | 19.4671 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 |
Warrant | Put Warrant | Purchasing | 1,000 | 22.3891 EUR | AMERICAN | 31/12/2030 | 4.9500 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 | 3,000 | 15.0790 EUR | AMERICAN | 31/12/2030 | 2.3500 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.