19 Jul 2019 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: | 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 | Acacia Mining plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Financial Advisor and Corporate Broker to Acacia Mining plc |
(d) Date dealing undertaken: | 18 July 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" | Yes, Barrick Gold Corporation |
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 |
Ordinary Share
| Purchase
Sale | 176,292
95,019 | 1.8660 GBP
1.8660 GBP | 1.8090 GBP
1.7960 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 |
Ordinary Share | Equity Swap | Long
Short
| 1,858 633 4,399 782 445 2,495 307 2,165 385 221 74 6,654 3,440 10,173 1,025 504 1,000 474 1,376 10,445 1,117 1,891 654 4,948 7,614 4,035
1,840 5,983 1,858 10,619 8,500 1,008 1,436 34,905 26,067 13,162 5,143 21,307 422 17,491 801 | 1.8200 GBP 1.8264 GBP 1.8265 GBP 1.8266 GBP 1.8268 GBP 1.8272 GBP 1.8291 GBP 1.8294 GBP 1.8296 GBP 1.8301 GBP 1.8322 GBP 1.8340 GBP 1.8342 GBP 1.8345 GBP 1.8347 GBP 1.8410 GBP 1.8478 GBP 1.8550 GBP 1.8552 GBP 1.8556 GBP 1.8561 GBP 1.8572 GBP 1.8590 GBP 1.8654 GBP 1.8659 GBP 1.8660 GBP
1.8090 GBP 1.8148 GBP 1.8200 GBP 1.8208 GBP 1.8225 GBP 1.8290 GBP 1.8292 GBP 1.8312 GBP 1.8323 GBP 1.8327 GBP 1.8440 GBP 1.8455 GBP 1.8531 GBP 1.8660 GBP 1.8661 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 |
(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: | 19 July 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.