7 Jan 2016 11:03
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: | 06 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 | 671,0461,400,497 | 15.0132 GBP21.5155 EUR | 14.8028 GBP20.3650 EUR |
EUR 0.07 A ordinary | Sales | 702,557225,905 | 15.2550 GBP21.0500 EUR | 14.7650 GBP20.3433 EUR |
ADR / (1.00 : 2.00) | Purchases | 345 (690) | 44.0774 USD | 44.0774 USD |
ADR / (1.00 : 2.00) | Sales | 345 (690) | 44.4000 USD | 43.9800 USD |
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 | 1,876,365 | 15.3700 GBP | 14.8350 GBP |
EUR 0.07 B ordinary | Sales | 2,083,525 | 15.3500 GBP | 14.8550 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 | 880 | 14.8766 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 3,140 | 14.8766 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 22,280 | 14.8766 GBP |
EUR 0.07 A ordinary | CFD | Reducing a long position | 5,200 | 14.9259 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 3,889 | 14.9565 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 309 | 14.9741 USD |
EUR 0.07 A ordinary | CFD | Reducing a short position | 252 | 14.9741 USD |
EUR 0.07 A ordinary | CFD | Reducing a long position | 3,330 | 14.9750 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 15,838 | 14.9757 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 10,914 | 14.9757 GBP |
EUR 0.07 A ordinary | CFD | Increasing a short position | 50,000 | 14.9950 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 15.0350 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 100 | 15.0600 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 3,330 | 15.0786 GBP |
EUR 0.07 A ordinary | CFD | Increasing a long position | 1,164 | 20.3917 EUR |
EUR 0.07 A ordinary | SWAP | Opening a long position | 10,148 | 14.8145 GBP |
EUR 0.07 A ordinary | SWAP | Opening a long position | 3,499 | 14.8145 GBP |
EUR 0.07 A ordinary | SWAP | Opening a long position | 485 | 14.8145 GBP |
EUR 0.07 A ordinary | SWAP | Opening a short position | 133,580 | 14.8448 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 66,810 | 14.8779 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 17,217 | 14.8779 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 35,850 | 14.8779 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 13,702 | 14.8779 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 3,499 | 14.8810 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 485 | 14.8810 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a long position | 10,148 | 14.8810 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 379 | 15.0075 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 772 | 15.0659 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 2,491 | 15.0659 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 4,501 | 15.0659 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 586 | 15.0659 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 45 | 15.0659 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 42 | 15.0659 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 96 | 15.0659 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 35 | 15.0659 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 3,571 | 15.0659 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 818 | 15.0659 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 1,716 | 15.0659 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 665 | 15.0659 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 16,806 | 15.0659 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 10,537 | 15.0659 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 59 | 15.0659 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 453 | 15.0659 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 134 | 15.1009 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 241 | 15.1009 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 228 | 15.1009 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 45 | 15.1009 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 93 | 15.1009 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 917 | 15.1009 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 590 | 15.1009 GBP |
EUR 0.07 A ordinary | SWAP | Reducing a short position | 25 | 15.1009 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 | Opening a long position | 4,400 | 14.9251 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 2,100 | 14.9251 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 600 | 14.9251 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 4,600 | 14.9251 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 300 | 14.9251 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 500 | 14.9251 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 6,347 | 14.9367 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 27,058 | 14.9367 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 120 | 15.0005 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 155 | 15.0005 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 78,712 | 15.0089 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 971 | 15.0218 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 29,146 | 15.0263 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 13,870 | 15.0281 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 3,702 | 15.0281 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 16,169 | 15.0313 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 14,247 | 15.0313 GBP |
EUR 0.07 B ordinary | CFD | Increasing a short position | 810 | 15.0328 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 5,739 | 15.0400 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 5,739 | 15.1249 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 123,772 | 15.1474 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 15.1650 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 15.1900 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 100 | 15.2100 GBP |
EUR 0.07 B ordinary | SWAP | Opening a short position | 8,908 | 14.9050 GBP |
EUR 0.07 B ordinary | SWAP | Opening a short position | 8,908 | 14.9095 GBP |
EUR 0.07 B ordinary | SWAP | Opening a short position | 9,816 | 14.9284 GBP |
EUR 0.07 B ordinary | SWAP | Opening a short position | 3,385 | 14.9284 GBP |
EUR 0.07 B ordinary | SWAP | Opening a short position | 469 | 14.9284 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a short position | 9,816 | 14.9877 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a short position | 3,385 | 14.9877 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a short position | 469 | 14.9877 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 870 | 15.0466 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 2,170 | 15.0466 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 1,096 | 15.1470 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 14,946 | 15.1470 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 1,458 | 15.1470 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 / (1.00 : 100.00) | Selling | 500 (50,000) | 23.0000 EUR | AMERICAN | 18/03/2016 | 0.2800 EUR |
EUR 0.07 A ordinary | Call Option / (1.00 : 100.00) | Selling | 5,000 (500,000) | 23.0000 EUR | AMERICAN | 18/03/2016 | 0.2800 EUR |
EUR 0.07 A ordinary | Call Option / (1.00 : 100.00) | Selling | 6,000 (600,000) | 23.0000 EUR | AMERICAN | 18/03/2016 | 0.2800 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 5,000 (500,000) | 23.0000 EUR | AMERICAN | 18/03/2016 | 2.9100 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 6,000 (600,000) | 23.0000 EUR | AMERICAN | 18/03/2016 | 2.9100 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 500 (50,000) | 23.0000 EUR | AMERICAN | 18/03/2016 | 2.9100 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: | 07 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.