3 Feb 2016 11:39
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: | J.P. Morgan Securities plc |
(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: | 02 February 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 this offer? If it is a cash offer or possible cash offer, state "N/A" | Yes 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
|
Ordinary A Shares | Purchases
Sales | 721,957 857,765
181,210 766,348 | 14.7600 GBP 19.6550 EUR
14.7650 GBP 19.6550 EUR | 14.1350 GBP 18.7850 EUR
14.1500 GBP 18.8500 EUR |
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received
| Lowest price per unit paid/received
|
Ordinary B Shares | Purchases
Sales
| 2,059,832 1,205
3,577,101 1,205 | 14.8750 GBP 19.1970 EUR
14.8750 GBP 19.2300 EUR | 14.2000 GBP 19.0000 EUR
14.1400 GBP 19.0000 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
|
Ordinary A Shares | Equity Swaps
Future
| Long
Short
Short | 50,709 19,879 14,318 15,000 10,000 11,454 32,775 85 1,400 905 5,555 5,505 63,097 876 9,281 8,493 2,960 1,351 94 13 2,414 1 140 361 28,266 4 24,722 20,000
50,000 11,140 96,540 2,547 979 5,000 5,000 5,000 14,533 15,000 5,000 275 246 8,875 10,000 10,000 10,000 1,080 10,000 6,197 20,000 25,000
500,000 | 14.3055 GBP 14.4692 GBP 18.9872 EUR 19.0256 EUR 19.0729 EUR 19.0766 EUR 19.0771 EUR 19.0786 EUR 19.0800 EUR 19.0833 EUR 19.1092 EUR 19.1545 EUR 19.2033 EUR 19.2226 EUR 19.2236 EUR 19.2255 EUR 19.2323 EUR 19.2461 EUR 19.2656 EUR 19.2882 EUR 19.2916 EUR 19.2948 EUR 19.2973 EUR 19.2999 EUR 19.3051 EUR 19.3103 EUR 19.3368 EUR 19.3639 EUR
14.3372 GBP 14.4013 GBP 14.4757 GBP 14.5718 GBP 14.5803 GBP 18.7921 EUR 18.8521 EUR 18.8821 EUR 18.9800 EUR 19.0071 EUR 19.0221 EUR 19.0500 EUR 19.0828 EUR 19.1032 EUR 19.1366 EUR 19.1521 EUR 19.1621 EUR 19.2131 EUR 19.2821 EUR 19.3647 EUR 19.4221 EUR 19.4912 EUR
1.5600 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
|
Ordinary B Shares | Equity Swap
| Long
Short
| 7,211 1,778,900 14,980 6,499 8,972 320,839 50,000 940 71,000
28,300 10,500 311,780 | 14.2459 GBP 14.2673 GBP 14.2835 GBP 14.2960 GBP 14.2993 GBP 14.3093 GBP 14.3528 GBP 14.4416 GBP 14.7452 GBP
14.2997 GBP 14.3471 GBP 14.4706 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 (EUR) | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit (EUR) |
Ordinary A Shares | Call option
Put Option | Purchasing
Purchasing | 250,000
250,000 | 19.00
18.00 | American
American | 19/02/16
19/02/16 | 0.55
0.54 |
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 (GBP) | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit (GBP) |
Ordinary B Shares |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit
|
Ordinary A Shares |
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) |
Ordinary B Shares |
(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) (GBP) |
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: | 03 February 2016 |
| Contact name: | Tung Le |
| Telephone number: | 020 7742 7272 |
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 dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.