21 Jun 2019 11:41
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 | BCA Marketplace plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker to BCA Marketplace plc |
(d) Date dealing undertaken: | 20 June 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 | Lowest price per unit paid/received |
Ordinary Share
| Purchase
Sale | 15,197,861
9,277,321 | 2.3880 GBP
2.3800 GBP | 1.9453 GBP
1.9410 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
| 1,993 172 745 68,044 86,885 89,805 26,253 61,204 394 54,058 5,037 974 258,451 84,462 1,111 11,507 2,614 7,561 889 57,939 2 1 13,788 3 312,583 81,872
7,755 4,400 1,596,981 35,545 91,102 2,993,476 49 10,694 107 22,937 413 430 9,917 857 143,900 151 37 8,533 2,317 81,670 9,505 3,600 205 1,744 199 503 8,757 10,145 49,182 11,157 246,631 9,050 11,421 40,079 229 197,062 14,383 176 517 165 4,694 650 4,051 296,626 5,542 | 1.9469 GBP 1.9473 GBP 2.1260 GBP 2.1290 GBP 2.1475 GBP 2.2390 GBP 2.2724 GBP 2.2985 GBP 2.3197 GBP 2.3289 GBP 2.3458 GBP 2.3480 GBP 2.3533 GBP 2.3547 GBP 2.3577 GBP 2.3585 GBP 2.3592 GBP 2.3595 GBP 2.3630 GBP 2.3651 GBP 2.3659 GBP 2.3759 GBP 2.3774 GBP 2.3779 GBP 2.3799 GBP 2.3800 GBP
1.9522 GBP 1.9563 GBP 2.2926 GBP 2.3077 GBP 2.3138 GBP 2.3141 GBP 2.3433 GBP 2.3438 GBP 2.3470 GBP 2.3504 GBP 2.3564 GBP 2.3603 GBP 2.3605 GBP 2.3606 GBP 2.3611 GBP 2.3612 GBP 2.3613 GBP 2.3615 GBP 2.3618 GBP 2.3619 GBP 2.3621 GBP 2.3626 GBP 2.3634 GBP 2.3637 GBP 2.3638 GBP 2.3641 GBP 2.3642 GBP 2.3645 GBP 2.3648 GBP 2.3654 GBP 2.3656 GBP 2.3657 GBP 2.3659 GBP 2.3661 GBP 2.3663 GBP 2.3667 GBP 2.3670 GBP 2.3679 GBP 2.3680 GBP 2.3681 GBP 2.3684 GBP 2.3700 GBP 2.3701 GBP 2.3800 GBP 2.3801 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: | 21 June 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.