23 Nov 2015 18:01
Amendment - due to the amendment of Equity and Derivative transactions, the disclosure made on 21 Aug for dealings on 20 Aug has been updated. Sections 2(a) and 2(b) and have been updated.
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: | 20 August 2015 |
(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 | 1,409,328426,337 | 24.7300 EUR17.5300 GBP | 24.2350 EUR17.1500 GBP |
EUR 0.07 A ordinary | Sales | 1,001,913588,978 | 24.7100 EUR17.5250 GBP | 24.1079 EUR17.1700 GBP |
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 | 1,622,940 | 17.6200 GBP | 17.2550 GBP |
EUR 0.07 B ordinary | Sales | 1,145,144 | 17.6300 GBP | 17.2550 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 short position | 1,200 | 17.2800 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 11,025 | 17.2953 GBP |
EUR 0.07 A ordinary | CFD | Opening a short position | 573 | 17.3400 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 1,200 | 17.3850 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 1,819 | 17.3850 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 573 | 17.3850 GBP |
EUR 0.07 A ordinary | CFD | Reducing a short position | 2,088 | 17.3850 GBP |
EUR 0.07 A ordinary | CFD | Opening a long position | 7,340 | 17.4023 GBP |
EUR 0.07 A ordinary | Call Option | Exercising | 9,200 | 24.2450 EUR |
EUR 0.07 A ordinary | Call Option | Selling | 9,200 | 24.2450 EUR |
EUR 0.07 A ordinary | SWAP | Opening a long position | 16,034 | 17.4675 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 | Reducing a long position | 1,243 | 17.3394 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 2,243 | 17.3394 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 4,958 | 17.3482 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 722 | 17.3482 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 1,628 | 17.3496 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 1,811 | 17.3496 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 2,413 | 17.3496 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 3,225 | 17.3496 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 2,169 | 17.3496 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 488 | 17.3496 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 2,183 | 17.3496 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 2,271 | 17.3496 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 524 | 17.3496 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 600 | 17.3650 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 253 | 17.4001 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 6,146 | 17.4050 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 38 | 17.4433 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 62 | 17.4433 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 120 | 17.4483 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 260 | 17.4483 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 100 | 17.4797 GBP |
EUR 0.07 B ordinary | CFD | Opening a long position | 100 | 17.4798 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 1,436 | 17.5156 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 10,868 | 17.5164 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 15,544 | 17.5164 GBP |
EUR 0.07 B ordinary | CFD | Increasing a long position | 891 | 17.5164 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 1,279 | 17.5175 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 48,677 | 17.5175 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 4,221 | 17.5208 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 1,901 | 17.5300 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 105 | 17.5300 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 38,721 | 17.5300 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 576 | 17.5300 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 600 | 17.5300 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 106 | 17.5300 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 1,279 | 17.5300 GBP |
EUR 0.07 B ordinary | CFD | Reducing a long position | 77 | 17.5300 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 1,800 | 17.5932 GBP |
EUR 0.07 B ordinary | CFD | Reducing a short position | 65 | 17.5932 GBP |
EUR 0.07 B ordinary | CFD | Opening a short position | 576 | 17.6200 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 2,307 | 17.4000 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 4,449 | 17.4000 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 1,090 | 17.4000 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 14,598 | 17.4000 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 30,075 | 17.4000 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 29,523 | 17.4000 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 33,972 | 17.4000 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 4,919 | 17.4000 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 1,721 | 17.4000 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 16,319 | 17.4000 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 2,612 | 17.4000 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 28,985 | 17.4000 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 9,301 | 17.4472 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 2,295 | 17.4472 GBP |
EUR 0.07 B ordinary | SWAP | Increasing a long position | 5,552 | 17.4472 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 630 | 17.4905 GBP |
EUR 0.07 B ordinary | SWAP | Reducing a long position | 260 | 17.4905 GBP |
EUR 0.07 B ordinary | SWAP | Opening a long position | 11,135 | 17.5309 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 | Put Option / (1.00 : 100.00) | Purchasing | 2,000 (200,000) | 24.0000 EUR | AMERICAN | 18/03/2016 | 1.6900 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 250 (25,000) | 24.0000 EUR | AMERICAN | 18/03/2016 | 1.6900 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 3,250 (325,000) | 24.0000 EUR | AMERICAN | 18/03/2016 | 1.6900 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 1,000 (100,000) | 24.0000 EUR | AMERICAN | 18/03/2016 | 1.6900 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Purchasing | 1,000 (100,000) | 24.0000 EUR | AMERICAN | 18/03/2016 | 1.6900 EUR |
EUR 0.07 A ordinary | Put Option / (1.00 : 100.00) | Selling | 5 (500) | 28.0000 EUR | AMERICAN | 18/09/2015 | 3.7000 EUR |
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 |
Warrant | Call Warrant | Purchasing | 2,000 | 21.9534 EUR | AMERICAN | 31/12/2030 | 3.5200 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: | 23 November 2015 |
| Contact name: | Aadithya Rao and Yiannis Bardis |
| Telephone number: | +44(20) 7051 9046 / +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.