7 Dec 2015 10:21
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: | 04 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 | 1,824 | 48.4300 USD | 48.4300 USD |
A ADSs | SALES | 1,824 | 48.4300 USD | 48.4300 USD |
EUR 0.07 A ordinary | PURCHASES | 3,239,074 | 23.1850 EUR | 21.9700 EUR |
EUR 0.07 A ordinary | SALES | 2,715,243 | 23.1750 EUR | 21.9750 EUR |
EUR 0.07 A ordinary | PURCHASES | 807,012 | 16.5700 GBP | 15.7700 GBP |
EUR 0.07 A ordinary | SALES | 1,114,700 | 16.5700 GBP | 15.7650 GBP |
EUR 0.07 B ordinary | PURCHASES | 40,810 | 22.8261 EUR | 22.3697 EUR |
EUR 0.07 B ordinary | SALES | 810 | 22.3850 EUR | 22.3650 EUR |
EUR 0.07 B ordinary | PURCHASES | 1,813,214 | 16.7100 GBP | 15.8900 GBP |
EUR 0.07 B ordinary | SALES | 1,389,436 | 16.7947 GBP | 15.8900 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 |
B ADSs | CFD | SHORT | 2,010 | 48.7449 USD |
EUR 0.07 A ordinary | CFD | LONG | 6,660 | 22.2100 EUR |
EUR 0.07 A ordinary | CFD | LONG | 76,000 | 22.2100 EUR |
EUR 0.07 A ordinary | CFD | LONG | 768 | 22.2100 EUR |
EUR 0.07 A ordinary | CFD | LONG | 55,000 | 22.3027 EUR |
EUR 0.07 A ordinary | CFD | LONG | 2,048 | 22.4198 EUR |
EUR 0.07 A ordinary | CFD | LONG | 130 | 22.4599 EUR |
EUR 0.07 A ordinary | CFD | LONG | 18,843 | 22.5188 EUR |
EUR 0.07 A ordinary | CFD | LONG | 68,932 | 22.5766 EUR |
EUR 0.07 A ordinary | CFD | LONG | 878,535 | 22.5869 EUR |
EUR 0.07 A ordinary | CFD | LONG | 60,500 | 22.5898 EUR |
EUR 0.07 A ordinary | CFD | LONG | 64,888 | 22.7498 EUR |
EUR 0.07 A ordinary | CFD | LONG | 6,800 | 22.7550 EUR |
EUR 0.07 A ordinary | CFD | LONG | 305 | 23.0082 EUR |
EUR 0.07 A ordinary | CFD | LONG | 1,337 | 23.0082 EUR |
EUR 0.07 A ordinary | CFD | LONG | 17 | 23.0082 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 51 | 22.1276 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 842 | 22.1276 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 778 | 22.1276 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 5,119 | 22.1620 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 2,455 | 22.1664 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 122,778 | 22.2023 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 594 | 22.2100 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 8,726 | 22.2112 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 20,292 | 22.2773 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 55,000 | 22.2784 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 7,510 | 22.3028 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 6,038 | 22.3042 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 2,057 | 22.3538 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 6,660 | 22.4165 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 18,962 | 22.4165 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 3,167 | 22.4989 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 60,500 | 22.5052 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 878,776 | 22.5758 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 18,000 | 22.7929 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 1,680 | 22.8121 EUR |
EUR 0.07 A ordinary | CFD | LONG | 10,894 | 15.8550 GBP |
EUR 0.07 A ordinary | CFD | LONG | 533 | 15.8550 GBP |
EUR 0.07 A ordinary | CFD | LONG | 3,809 | 15.8550 GBP |
EUR 0.07 A ordinary | CFD | LONG | 4,221 | 15.8550 GBP |
EUR 0.07 A ordinary | CFD | LONG | 4,311 | 16.1665 GBP |
EUR 0.07 A ordinary | CFD | LONG | 94,184 | 16.2048 GBP |
EUR 0.07 A ordinary | CFD | LONG | 4,453 | 16.2101 GBP |
EUR 0.07 A ordinary | CFD | LONG | 216 | 16.2101 GBP |
EUR 0.07 A ordinary | CFD | LONG | 663 | 16.2101 GBP |
EUR 0.07 A ordinary | CFD | LONG | 4,000 | 16.2215 GBP |
EUR 0.07 A ordinary | CFD | LONG | 40,093 | 16.2897 GBP |
EUR 0.07 A ordinary | CFD | LONG | 10,000 | 16.3726 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 25,261 | 15.8550 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 955 | 15.8803 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 19,700 | 15.8803 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 2,933 | 15.8803 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 72,202 | 16.1301 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 4,000 | 16.1650 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 2,743 | 16.2425 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 55 | 16.2534 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 2,500 | 16.2650 GBP |
EUR 0.07 A ordinary | CFD | LONG | 18,975 | 15.8771 GBP |
EUR 0.07 A ordinary | CFD | LONG | 1,084 | 15.8771 GBP |
EUR 0.07 A ordinary | CFD | LONG | 449 | 15.8772 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 40,000 | 22.8261 GBP |
EUR 0.07 B ordinary | CFD | LONG | 7,368 | 15.9950 GBP |
EUR 0.07 B ordinary | CFD | LONG | 7,558 | 16.0290 GBP |
EUR 0.07 B ordinary | CFD | LONG | 9,632 | 16.0290 GBP |
EUR 0.07 B ordinary | CFD | LONG | 2,320 | 16.2101 GBP |
EUR 0.07 B ordinary | CFD | LONG | 1,010 | 16.2536 GBP |
EUR 0.07 B ordinary | CFD | LONG | 400 | 16.2536 GBP |
EUR 0.07 B ordinary | CFD | LONG | 80,775 | 16.3187 GBP |
EUR 0.07 B ordinary | CFD | LONG | 541 | 16.3357 GBP |
EUR 0.07 B ordinary | CFD | LONG | 175 | 16.3357 GBP |
EUR 0.07 B ordinary | CFD | LONG | 3,626 | 16.3357 GBP |
EUR 0.07 B ordinary | CFD | LONG | 3,842 | 16.3700 GBP |
EUR 0.07 B ordinary | CFD | LONG | 38,000 | 16.5325 GBP |
EUR 0.07 B ordinary | CFD | LONG | 10,100 | 16.5325 GBP |
EUR 0.07 B ordinary | CFD | LONG | 9,615 | 16.7947 GBP |
EUR 0.07 B ordinary | CFD | LONG | 4,262 | 16.7947 GBP |
EUR 0.07 B ordinary | CFD | LONG | 15,349 | 16.7947 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 4,998 | 15.9840 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 2,370 | 15.9911 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 4,505 | 15.9950 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 2,398 | 16.0156 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 16,097 | 16.0156 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 780 | 16.0156 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 10,546 | 16.0230 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 100,000 | 16.0380 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 31,178 | 16.0442 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 47,081 | 16.0469 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 47,896 | 16.0469 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 48,121 | 16.0469 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 1,425 | 16.0469 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 3,125 | 16.0469 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 2,773 | 16.0469 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 10,100 | 16.0620 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 8,116 | 16.0923 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 55,507 | 16.1933 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 5,193 | 16.2928 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 1,319 | 16.2950 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 7,091 | 16.3104 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 750 | 16.4094 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 283 | 16.4100 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 2,000 | 16.4119 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 38,000 | 16.4119 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 190 | 16.4921 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 2,227 | 16.5478 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 34,971 | 16.5516 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 2,227 | 16.7028 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 |
A ADSs | PUT | PURCHASE | 32,500 | 50.0000 | A | 18/12/2015 | 182.0000 USD |
A ADSs | PUT | PURCHASE | 32,200 | 50.0000 | A | 18/12/2015 | 182.0000 USD |
A ADSs | PUT | PURCHASE | 12,000 | 50.0000 | A | 18/12/2015 | 182.0000 USD |
A ADSs | PUT | PURCHASE | 2,100 | 50.0000 | A | 18/12/2015 | 182.0000 USD |
A ADSs | PUT | SALE | 61,700 | 47.5000 | A | 15/01/2016 | 148.0000 USD |
A ADSs | PUT | SALE | 3,900 | 47.5000 | A | 15/01/2016 | 148.0000 USD |
A ADSs | PUT | SALE | 23,000 | 47.5000 | A | 15/01/2016 | 148.0000 USD |
A ADSs | PUT | SALE | 62,100 | 47.5000 | A | 15/01/2016 | 148.0000 USD |
EUR 0.07 B ordinary | CALL | PURCHASE | 12,000 | 17.0000 | A | 18/12/2015 | 0.1350 GBP |
EUR 0.07 B ordinary | CALL | PURCHASE | 5,000 | 17.0000 | A | 18/12/2015 | 0.1400 GBP |
EUR 0.07 B ordinary | CALL | PURCHASE | 5,000 | 17.0000 | A | 18/12/2015 | 0.1500 GBP |
EUR 0.07 B ordinary | CALL | PURCHASE | 5,000 | 17.0000 | A | 18/12/2015 | 0.1500 GBP |
(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: | 07 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.