21 Jan 2016 11:06
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: | 20 JANUARY 2016 |
(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 | 31,839 | 36.9400 USD | 36.3214 USD |
A ADSs | SALES | 31,839 | 36.9400 USD | 36.3214 USD |
B ADSs | PURCHASES | 1,600 | 37.0000 USD | 36.5700 USD |
B ADSs | SALES | 1,600 | 37.0000 USD | 36.5700 USD |
EUR 0.07 A ordinary | PURCHASES | 6,215,077 | 17.4850 EUR | 16.6150 EUR |
EUR 0.07 A ordinary | SALES | 7,006,476 | 17.4850 EUR | 16.6150 EUR |
EUR 0.07 A ordinary | PURCHASES | 3,528,571 | 13.2750 GBP | 12.6050 GBP |
EUR 0.07 A ordinary | SALES | 1,362,509 | 13.2750 GBP | 12.6100 GBP |
EUR 0.07 A ordinary | PURCHASES | 545,000 | 18.1103 USD | 18.1103 USD |
EUR 0.07 B ordinary | PURCHASES | 7,543,887 | 13.8439 GBP | 12.6900 GBP |
EUR 0.07 B ordinary | SALES | 6,576,122 | 13.2700 GBP | 12.6900 GBP |
EUR 0.07 B ordinary | PURCHASES | 108,000 | 17.8652 USD | 17.8652 USD |
(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 | LONG | 29,279 | 16.6690 EUR |
EUR 0.07 A ordinary | CFD | LONG | 89,307 | 16.8333 EUR |
EUR 0.07 A ordinary | CFD | LONG | 115 | 16.8350 EUR |
EUR 0.07 A ordinary | CFD | LONG | 26,047 | 16.8457 EUR |
EUR 0.07 A ordinary | CFD | LONG | 1,101,985 | 16.9015 EUR |
EUR 0.07 A ordinary | CFD | LONG | 1,226,634 | 16.9082 EUR |
EUR 0.07 A ordinary | CFD | LONG | 1,558 | 16.9086 EUR |
EUR 0.07 A ordinary | CFD | LONG | 258,940 | 17.0640 EUR |
EUR 0.07 A ordinary | CFD | LONG | 9,500 | 17.0860 EUR |
EUR 0.07 A ordinary | CFD | LONG | 4,474 | 17.4850 EUR |
EUR 0.07 A ordinary | CFD | LONG | 114 | 17.4850 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 1,881 | 16.6550 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 140,000 | 16.6603 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 109,982 | 16.6700 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 114 | 16.6700 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 183 | 16.6700 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 34,508 | 16.6700 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 1,737 | 16.8905 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 1,127,318 | 16.8972 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 175,000 | 16.9019 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 15,449 | 16.9239 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 21,775 | 16.9293 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 21,629 | 16.9293 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 1,226 | 16.9293 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 343 | 16.9557 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 109,400 | 17.0010 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 246,449 | 17.0737 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 9,500 | 17.0881 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 20,000 | 17.3104 EUR |
EUR 0.07 A ordinary | CFD | SHORT | 1,048 | 17.3454 EUR |
EUR 0.07 A ordinary | CFD | LONG | 10,000 | 12.6375 GBP |
EUR 0.07 A ordinary | CFD | LONG | 510 | 12.6600 GBP |
EUR 0.07 A ordinary | CFD | LONG | 14,660 | 12.7351 GBP |
EUR 0.07 A ordinary | CFD | LONG | 2,500 | 12.7600 GBP |
EUR 0.07 A ordinary | CFD | LONG | 828 | 12.7837 GBP |
EUR 0.07 A ordinary | CFD | LONG | 129,941 | 12.7959 GBP |
EUR 0.07 A ordinary | CFD | LONG | 592 | 12.8246 GBP |
EUR 0.07 A ordinary | CFD | LONG | 12,434 | 12.8246 GBP |
EUR 0.07 A ordinary | CFD | LONG | 1,766 | 12.8246 GBP |
EUR 0.07 A ordinary | CFD | LONG | 13,268 | 12.8421 GBP |
EUR 0.07 A ordinary | CFD | LONG | 12,400 | 12.8421 GBP |
EUR 0.07 A ordinary | CFD | LONG | 20,137 | 12.8421 GBP |
EUR 0.07 A ordinary | CFD | LONG | 21,005 | 12.8421 GBP |
EUR 0.07 A ordinary | CFD | LONG | 15,622 | 12.8846 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 16,083 | 12.6566 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 121 | 12.6600 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 1,583 | 12.6600 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 24,963 | 12.6600 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 4,531 | 12.6600 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 221 | 12.6600 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 419,559 | 12.6991 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 710,625 | 12.7255 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 2,500 | 12.7700 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 1,754 | 12.8052 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 36,840 | 12.8052 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 5,234 | 12.8052 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 22,448 | 12.8089 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 625,000 | 12.8106 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 10,000 | 12.8229 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 40,397 | 12.8257 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 15,000 | 12.8402 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 56,223 | 12.8418 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 50,893 | 12.8479 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 56,635 | 12.8489 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 101,090 | 12.8747 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 13,917 | 12.9041 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 10,000 | 12.9052 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 15,198 | 12.9138 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 80,500 | 13.0354 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 10,000 | 13.0698 GBP |
EUR 0.07 A ordinary | CFD | SHORT | 25,000 | 13.1899 GBP |
EUR 0.07 B ordinary | CFD | LONG | 19,508 | 12.7072 GBP |
EUR 0.07 B ordinary | CFD | LONG | 3,568 | 12.7072 GBP |
EUR 0.07 B ordinary | CFD | LONG | 1,784 | 12.7197 GBP |
EUR 0.07 B ordinary | CFD | LONG | 9,754 | 12.7197 GBP |
EUR 0.07 B ordinary | CFD | LONG | 9,754 | 12.7293 GBP |
EUR 0.07 B ordinary | CFD | LONG | 1,784 | 12.7293 GBP |
EUR 0.07 B ordinary | CFD | LONG | 77,945 | 12.7526 GBP |
EUR 0.07 B ordinary | CFD | LONG | 144,755 | 12.7526 GBP |
EUR 0.07 B ordinary | CFD | LONG | 7,509 | 12.7645 GBP |
EUR 0.07 B ordinary | CFD | LONG | 4,062 | 12.7750 GBP |
EUR 0.07 B ordinary | CFD | LONG | 772,370 | 12.8055 GBP |
EUR 0.07 B ordinary | CFD | LONG | 534,745 | 12.8093 GBP |
EUR 0.07 B ordinary | CFD | LONG | 20,037 | 12.8205 GBP |
EUR 0.07 B ordinary | CFD | LONG | 3,573 | 12.8205 GBP |
EUR 0.07 B ordinary | CFD | LONG | 2,260 | 12.8300 GBP |
EUR 0.07 B ordinary | CFD | LONG | 15,906 | 12.8300 GBP |
EUR 0.07 B ordinary | CFD | LONG | 758 | 12.8300 GBP |
EUR 0.07 B ordinary | CFD | LONG | 33,405 | 12.8645 GBP |
EUR 0.07 B ordinary | CFD | LONG | 108 | 12.8750 GBP |
EUR 0.07 B ordinary | CFD | LONG | 112,207 | 12.8825 GBP |
EUR 0.07 B ordinary | CFD | LONG | 113,075 | 12.8825 GBP |
EUR 0.07 B ordinary | CFD | LONG | 15,609 | 12.8825 GBP |
EUR 0.07 B ordinary | CFD | LONG | 51,345 | 12.8825 GBP |
EUR 0.07 B ordinary | CFD | LONG | 14,286 | 12.8825 GBP |
EUR 0.07 B ordinary | CFD | LONG | 7,575 | 12.8825 GBP |
EUR 0.07 B ordinary | CFD | LONG | 60,113 | 12.9019 GBP |
EUR 0.07 B ordinary | CFD | LONG | 53,588 | 12.9053 GBP |
EUR 0.07 B ordinary | CFD | LONG | 64,583 | 12.9130 GBP |
EUR 0.07 B ordinary | CFD | LONG | 57,344 | 12.9203 GBP |
EUR 0.07 B ordinary | CFD | LONG | 59,222 | 12.9203 GBP |
EUR 0.07 B ordinary | CFD | LONG | 22,270 | 12.9208 GBP |
EUR 0.07 B ordinary | CFD | LONG | 11,013 | 12.9319 GBP |
EUR 0.07 B ordinary | CFD | LONG | 843 | 12.9349 GBP |
EUR 0.07 B ordinary | CFD | LONG | 241,629 | 12.9434 GBP |
EUR 0.07 B ordinary | CFD | LONG | 448,741 | 12.9434 GBP |
EUR 0.07 B ordinary | CFD | LONG | 22,270 | 12.9605 GBP |
EUR 0.07 B ordinary | CFD | LONG | 101,329 | 12.9743 GBP |
EUR 0.07 B ordinary | CFD | LONG | 188,181 | 12.9743 GBP |
EUR 0.07 B ordinary | CFD | LONG | 160,746 | 12.9854 GBP |
EUR 0.07 B ordinary | CFD | LONG | 10,254 | 12.9854 GBP |
EUR 0.07 B ordinary | CFD | LONG | 17,401 | 12.9885 GBP |
EUR 0.07 B ordinary | CFD | LONG | 151,851 | 12.9885 GBP |
EUR 0.07 B ordinary | CFD | LONG | 80,000 | 13.0591 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 326,750 | 12.7542 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 5,489 | 12.7546 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 2,503 | 12.7750 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 649 | 12.7775 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 4,689 | 12.7775 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 10,662 | 12.7775 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 832,500 | 12.7877 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 20,826 | 12.7912 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 562,836 | 12.7941 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 1,049,814 | 12.7941 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 222,700 | 12.7941 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 2,393 | 12.8120 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 2,097 | 12.8338 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 93,262 | 12.8338 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 1,302 | 12.8357 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 27,352 | 12.8357 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 3,886 | 12.8357 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 143,800 | 12.8498 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 66,731 | 12.8754 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 32,935 | 12.8754 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 625,000 | 12.8784 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 28,168 | 12.8945 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 13,302 | 12.9025 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 64,583 | 12.9172 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 135,000 | 12.9332 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 9,264 | 12.9750 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 1,114 | 13.0186 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 886 | 13.0558 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 34,000 | 13.5867 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 66,000 | 13.5867 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 13,368 | 13.8038 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 3,088 | 13.8038 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 19,659 | 13.8038 GBP |
EUR 0.07 B ordinary | CFD | SHORT | 2,088 | 13.8038 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 | 500,000 | 17.5000 | A | 18/03/2016 | 0.8200 EUR |
(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: | 21 JANUARY 2016 |
| 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.