14 Dec 2015 10:54
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: | Morgan Stanley & Co. International 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: | 11 DECEMBER 2015 |
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? | Yes |
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 |
A ADSs | PURCHASES | 2,359 | 44.9482 USD | 44.9482 USD |
A ADSs | SALES | 2,359 | 44.9482 USD | 44.9482 USD |
EUR 0.07 A ordinary | PURCHASES | 3,094,038 | 21.1400 EUR | 20.2800 EUR |
EUR 0.07 A ordinary | SALES | 3,407,687 | 21.7400 EUR | 20.2900 EUR |
EUR 0.07 A ordinary | PURCHASES | 922,789 | 15.1550 GBP | 14.5350 GBP |
EUR 0.07 A ordinary | SALES | 828,187 | 15.2056 GBP | 14.5350 GBP |
EUR 0.07 B ordinary | PURCHASES | 22,448 | 20.7311 EUR | 20.7311 EUR |
EUR 0.07 B ordinary | SALES | 22,448 | 20.9000 EUR | 20.4000 EUR |
EUR 0.07 B ordinary | PURCHASES | 2,004,601 | 15.3320 GBP | 14.6000 GBP |
EUR 0.07 B ordinary | SALES | 2,265,775 | 15.2750 GBP | 14.6000 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 |
A ADSs | CFD | LONG | 1,758 | 44.9224 USD |
B ADSs | CFD | LONG | 1,730 | 45.2799 USD |
B ADSs | CFD | SHORT | 200 | 45.3350 USD |
EUR 0.07 A ordinary | CFD | LONG | 6,922 | 20.3538 EUR |
EUR 0.07 A ordinary | CFD | LONG | 250,000 | 20.3905 EUR |
EUR 0.07 A ordinary | CFD | LONG | 130 | 20.4241 EUR |
EUR 0.07 A ordinary | CFD | LONG | 250,000 | 20.4542 EUR |
EUR 0.07 A ordinary | CFD | LONG | 7,500 | 20.4583 EUR |
EUR 0.07 A ordinary | CFD | LONG | 11,001 | 20.6140 EUR |
EUR 0.07 A ordinary | CFD | LONG | 948,848 | 20.6710 EUR |
EUR 0.07 A ordinary | CFD | LONG | 5,424 | 20.7429 EUR |
EUR 0.07 A ordinary | CFD | LONG | 6,499 | 20.7429 EUR |
EUR 0.07 A ordinary | CFD | LONG | 3,159 | 20.7600 EUR |
EUR 0.07 A ordinary | CFD | LONG | 3,044 | 20.8386 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 7,500 | 20.3033 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 1,963 | 20.3400 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 5,424 | 20.3550 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 79,511 | 20.3550 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 3,693 | 20.3550 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 5,721 | 20.3550 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 19,553 | 20.3550 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 1,067 | 20.3750 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 35,394 | 20.5086 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 2,097 | 20.5086 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 28,144 | 20.5086 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 455 | 20.5140 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 60,000 | 20.5205 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 859 | 20.5740 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 397 | 20.5883 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 4,499 | 20.5930 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 17,562 | 20.6208 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 114,450 | 20.6360 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 957,994 | 20.6642 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 2,379 | 20.6642 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 3,518 | 20.6642 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 7,549 | 20.8452 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 333 | 20.9691 EUR |
EUR 0.07 A ordinary | CFD | LONG | 69,960 | 14.5350 GBP |
EUR 0.07 A ordinary | CFD | LONG | 119 | 14.7050 GBP |
EUR 0.07 A ordinary | CFD | LONG | 797 | 14.7050 GBP |
EUR 0.07 A ordinary | CFD | LONG | 38 | 14.7050 GBP |
EUR 0.07 A ordinary | CFD | LONG | 24,210 | 14.8056 GBP |
EUR 0.07 A ordinary | CFD | LONG | 181,946 | 14.8056 GBP |
EUR 0.07 A ordinary | CFD | LONG | 6,976 | 14.9929 GBP |
EUR 0.07 A ordinary | CFD | LONG | 5,264 | 15.2057 GBP |
EUR 0.07 A ordinary | CFD | LONG | 6,976 | 15.2057 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 69,960 | 14.5350 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 921 | 14.5350 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 17,680 | 14.5350 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 45 | 14.5350 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 1 | 14.5350 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 5,172 | 14.5350 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 321 | 14.5350 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 3,394 | 14.5350 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 3,340 | 14.5350 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 51,350 | 14.5350 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 1,817 | 14.6691 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 37,482 | 14.6691 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 5,582 | 14.6691 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 1,690 | 14.7777 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 83,237 | 14.7816 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 21,887 | 14.7816 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 965 | 14.8185 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 1,419 | 14.8185 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 222 | 14.8204 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 141 | 14.8204 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 6,063 | 14.8303 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 4,123 | 14.8303 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 954 | 14.8303 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 636 | 14.8303 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 2,323 | 14.8313 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 5,310 | 14.8511 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 4,500 | 14.8982 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 72,987 | 14.9458 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 1,690 | 14.9501 GBP |
EUR 0.07 B ordinary | CFD | LONG | 111,350 | 14.6191 GBP |
EUR 0.07 B ordinary | CFD | LONG | 40,086 | 14.6666 GBP |
EUR 0.07 B ordinary | CFD | LONG | 15,000 | 14.6841 GBP |
EUR 0.07 B ordinary | CFD | LONG | 21,344 | 14.6841 GBP |
EUR 0.07 B ordinary | CFD | LONG | 223 | 14.6956 GBP |
EUR 0.07 B ordinary | CFD | LONG | 1,182 | 14.7099 GBP |
EUR 0.07 B ordinary | CFD | LONG | 4,698 | 14.7099 GBP |
EUR 0.07 B ordinary | CFD | LONG | 2,832 | 14.7099 GBP |
EUR 0.07 B ordinary | CFD | LONG | 109 | 14.7606 GBP |
EUR 0.07 B ordinary | CFD | LONG | 35 | 14.7606 GBP |
EUR 0.07 B ordinary | CFD | LONG | 726 | 14.7606 GBP |
EUR 0.07 B ordinary | CFD | LONG | 4,372 | 14.8131 GBP |
EUR 0.07 B ordinary | CFD | LONG | 4,483 | 14.8131 GBP |
EUR 0.07 B ordinary | CFD | LONG | 575 | 14.8131 GBP |
EUR 0.07 B ordinary | CFD | LONG | 310 | 14.8131 GBP |
EUR 0.07 B ordinary | CFD | LONG | 298 | 14.8131 GBP |
EUR 0.07 B ordinary | CFD | LONG | 4,526 | 14.8131 GBP |
EUR 0.07 B ordinary | CFD | LONG | 12,803 | 14.8215 GBP |
EUR 0.07 B ordinary | CFD | LONG | 171,949 | 14.8502 GBP |
EUR 0.07 B ordinary | CFD | LONG | 738 | 14.8974 GBP |
EUR 0.07 B ordinary | CFD | LONG | 35,585 | 14.9255 GBP |
EUR 0.07 B ordinary | CFD | LONG | 36,800 | 14.9516 GBP |
EUR 0.07 B ordinary | CFD | LONG | 3,521 | 14.9900 GBP |
EUR 0.07 B ordinary | CFD | LONG | 8 | 15.2019 GBP |
EUR 0.07 B ordinary | CFD | LONG | 59 | 15.2019 GBP |
EUR 0.07 B ordinary | CFD | LONG | 5 | 15.2019 GBP |
EUR 0.07 B ordinary | CFD | LONG | 40 | 15.2019 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 3,959 | 14.6000 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 1 | 14.6000 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 13,534 | 14.6000 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 6,589 | 14.6000 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 2,556 | 14.6000 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 697 | 14.6050 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 1,163 | 14.6200 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 1,406 | 14.6621 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 3,834 | 14.6765 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 3,042 | 14.7175 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 11,135 | 14.7250 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 5,533 | 14.7254 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 37,154 | 14.7254 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 1,801 | 14.7254 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 6,603 | 14.7536 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 11,135 | 14.7679 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 2,500 | 14.7766 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 100,090 | 14.8169 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 8,087 | 14.8579 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 5,828 | 14.9618 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 312 | 15.1292 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 6,401 | 15.1934 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 | SALE | 650,000 | 25.0000 | A | 18/12/2015 | 0.0002 EUR |
A ADSs | PUT | PURCHASE | 110,500 | 45.0000 | A | 15/01/2016 | 203.0000 USD |
A ADSs | PUT | SALE | 94,000 | 47.5000 | A | 15/01/2016 | 355.0000 USD |
EUR 0.07 A ordinary | CALL | SALE | 250,000 | 25.0000 | A | 18/12/2015 | 0.0002 EUR |
A ADSs | PUT | PURCHASE | 14,300 | 47.5000 | A | 15/01/2016 | 317.0000 USD |
A ADSs | PUT | PURCHASE | 38,700 | 47.5000 | A | 15/01/2016 | 317.0000 USD |
A ADSs | PUT | PURCHASE | 2,500 | 47.5000 | A | 15/01/2016 | 317.0000 USD |
A ADSs | PUT | PURCHASE | 38,500 | 47.5000 | A | 15/01/2016 | 317.0000 USD |
A ADSs | PUT | SALE | 45,300 | 45.0000 | A | 15/01/2016 | 203.0000 USD |
A ADSs | PUT | SALE | 16,800 | 45.0000 | A | 15/01/2016 | 203.0000 USD |
A ADSs | PUT | SALE | 45,500 | 45.0000 | A | 15/01/2016 | 203.0000 USD |
A ADSs | PUT | SALE | 2,900 | 45.0000 | A | 15/01/2016 | 203.0000 USD |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Number of securities | Exercise price per unit |
N/A | N/A | N/A | N/A |
(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) |
N/A | N/A | N/A | N/A |
The currency of all prices and other monetary amounts should be stated.
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.
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: 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: | 14 DECEMBER 2015 |
| Contact name: | Craig Horsley |
| Telephone number: | +44(141) 245 7736 |
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.