23 Oct 2019 14:57
AMENDMENT
INCREASED EQUITY PURCHASES BY 1,151,986 TO 17,680,760
DECREASED EQUITY SALES BY 5,080,000 TO 11,417,585
ADDED EQUITY SWAP PURCHASES OF 588,750
ADDED EQUITY SWAP SALES OF 4,921,266
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 | Sophos Group plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Lead Financial Advisor and Corporate Broker to Sophos Group plc |
(d) Date dealing undertaken: | 14 October 2019 |
(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" | N/A |
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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Share | Purchase
Sale | 17,680,760
11,417,585 | 5.8500
5.8619 | 5.7240
5.7260 |
(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 Share | Equity Swap | Long
Short
| 5,985 549 1,433 406 2,334 34,039 19,175 72,254 6,081 371 327 5,634 716 772 594 205 86,498 10,772 109 78,732 295 39 288,750 4,028 29,714 15,051 223 159,579 300,000 573 32,526 344 23 108,649 642 1,904 6,409 39,416 260 2,647 24,869 210 151,376 5,381 89,243 7,759 5,441 5,762 12 587 5,688 156 1,955 212 431 189 2,941 65 9,768 415 27,919 1,771 904 8 16 1,040 700 223 15,897 44 98 60 2 1,777 133
2,858 1,764 12,500 3,604 12,500 12,500 25,000 12,500 192,135 50,000 34,204 277 150,979 12,500 50,000 12,500 28,349 232 7,758 12,500 12,500 25,000 1,250,000 34,033 1,237 25,000 17,730 54,191 58,700 25,393 696,131 23,683 2,782 6,403 6,114 25,072 457 81,672 29,714 21,804 3,462 8,920 15,080 57,186 1 700 612,776 484 140,000 140,000 1,250,000 25,100 10,325 79,276 6,460 79,280 900,000 120,000 650,000 56,250 | 5.7650 GBP 5.7678 GBP 5.7690 GBP 5.7695 GBP 5.7697 GBP 5.7700 GBP 5.7702 GBP 5.7703 GBP 5.7704 GBP 5.7734 GBP 5.7738 GBP 5.7750 GBP 5.7758 GBP 5.7768 GBP 5.7769 GBP 5.7770 GBP 5.7771 GBP 5.7776 GBP 5.7786 GBP 5.7805 GBP 5.7837 GBP 5.7847 GBP 5.7876 GBP 5.7878 GBP 5.7886 GBP 5.7889 GBP 5.7893 GBP 5.7903 GBP 5.7905 GBP 5.7909 GBP 5.7911 GBP 5.7915 GBP 5.7919 GBP 5.7939 GBP 5.7959 GBP 5.7967 GBP 5.7969 GBP 5.7971 GBP 5.7976 GBP 5.7997 GBP 5.8005 GBP 5.8042 GBP 5.8075 GBP 5.8078 GBP 5.8080 GBP 5.8093 GBP 5.8097 GBP 5.8112 GBP 5.8119 GBP 5.8139 GBP 5.8159 GBP 5.8180 GBP 5.8182 GBP 5.8183 GBP 5.8194 GBP 5.8218 GBP 5.8220 GBP 5.8221 GBP 5.8255 GBP 5.8261 GBP 5.8263 GBP 5.8265 GBP 5.8270 GBP 5.8271 GBP 5.8294 GBP 5.8299 GBP 5.8300 GBP 5.8307 GBP 5.8309 GBP 5.8370 GBP 5.8371 GBP 5.8372 GBP 5.8374 GBP 5.8375 GBP 5.8619 GBP
5.7500 GBP 5.7605 GBP 5.7635 GBP 5.7650 GBP 5.7653 GBP 5.7664 GBP 5.7665 GBP 5.7672 GBP 5.7700 GBP 5.7703 GBP 5.7708 GBP 5.7714 GBP 5.7716 GBP 5.7717 GBP 5.7723 GBP 5.7747 GBP 5.7750 GBP 5.7770 GBP 5.7778 GBP 5.7779 GBP 5.7781 GBP 5.7785 GBP 5.7794 GBP 5.7801 GBP 5.7806 GBP 5.7859 GBP 5.7860 GBP 5.7868 GBP 5.7871 GBP 5.7874 GBP 5.7878 GBP 5.7910 GBP 5.7926 GBP 5.7936 GBP 5.7945 GBP 5.7957 GBP 5.7966 GBP 5.7972 GBP 5.8015 GBP 5.8023 GBP 5.8043 GBP 5.8051 GBP 5.8110 GBP 5.8155 GBP 5.8160 GBP 5.8200 GBP 5.8245 GBP 5.8364 GBP 7.2500 USD 7.2574 USD 7.2648 USD 7.2724 USD 7.2726 USD 7.2777 USD 7.2788 USD 7.2815 USD 7.3016 USD 7.3071 USD 7.3326 USD 7.3435 USD |
(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 |
Ordinary Share |
(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 October 2019 |
| Contact name: | Alwyn Basch |
| Telephone number: | 020 7742 7407 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
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.