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5 Jul 2022 16:15
AMENDMENT
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FORM 8.5 (EPT/RI)
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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")
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1. KEY INFORMATION
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(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 | Ultra Electronics Holdings plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker to Ultra Electronics Holdings plc. |
(d) Date dealing undertaken: | 30 June 2022 |
(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 |
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2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
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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.
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The currency of all prices and other monetary amounts should be stated.
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(a) Purchases and sales
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Class of relevant security | Purchases/ sales  | Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
5p ordinary | Purchase  Sale | 45,006  62,851 | 34.6400 GBP  34.6400 GBP | 34.6000 GBP  34.5681 GBP |
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(b) Cash-settled derivative transactions
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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 |
5p ordinary | Equity Swap | Decrease Long  Decrease Short        Increase Long  Increase Short | 297   544  1,026  10,000  14,000  22,248  3,000  282   54   2,987  1  27,987  25,000 | 34.6212 GBP
34.5681 GBP 34.5883 GBP 34.6027 GBP 34.6105 GBP 34.6148 GBP 34.6154 GBP 34.6158 GBP
34.6388 GBP
34.6104 GBP 34.6200 GBP 34.6281 GBP 34.6302 GBP |
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(c) Stock-settled derivative transactions (including options)
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(i) Writing, selling, purchasing or varying
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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 |
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(ii) Exercise
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Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
 |  |  |  |   |
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(d) Other dealings (including subscribing for new securities)
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Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
 |   |  |  |
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3. OTHER INFORMATION
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(a) Indemnity and other dealing arrangements
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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   |
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(b) Agreements, arrangements or understandings relating to options or derivatives
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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  |
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| Date of disclosure: | 5 July 2022 |
| Contact name: | Alwyn Basch |
| Telephone number: | 020 7742 7407 |
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Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.Â
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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.
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The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
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