Last checked at 12 Jun 2024 11:31
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 | HARGREAVES LANSDOWN PLC |
(c) Name of the party to the offer with which exempt principal trader is connected: | A CONSORTIUM COMPRISING CVC ADVISERS LIMITED, NORDIC CAPITAL XI DELTA, SCSP (ACTING THROUGH ITS GENERAL PARTNER NORDIC CAPITAL XI DELTA GP SARL) AND PLATINUM IVY B 2018 RSC LIMITED (A WHOLLY-OWNED SUBSIDIARY OF ABU DHABI INVESTMENT AUTHORITY MANAGED BY ITS PRIVATE EQUITIES INVESTMENT DEPARTMENT) |
(d) Date dealing undertaken: | 11 June 2024 |
(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" | 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 |
0.4p ordinary | Purchases | 135,542 | 10.8425 GBP | 10.5900 GBP |
0.4p ordinary | Sales | 695,176 | 10.8400 GBP | 10.5700 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 |
0.4p ordinary | CFD | Increasing a long position | 8 | 10.5889 GBP |
0.4p ordinary | CFD | Increasing a long position | 98 | 10.5898 GBP |
0.4p ordinary | CFD | Increasing a long position | 201 | 10.5898 GBP |
0.4p ordinary | CFD | Increasing a long position | 3,561 | 10.5898 GBP |
0.4p ordinary | CFD | Increasing a long position | 420 | 10.5898 GBP |
0.4p ordinary | CFD | Increasing a long position | 1,408 | 10.5898 GBP |
0.4p ordinary | CFD | Increasing a long position | 195 | 10.5898 GBP |
0.4p ordinary | CFD | Increasing a long position | 3,615 | 10.5898 GBP |
0.4p ordinary | CFD | Increasing a long position | 1 | 10.5898 GBP |
0.4p ordinary | CFD | Increasing a long position | 3,206 | 10.5898 GBP |
0.4p ordinary | CFD | Increasing a long position | 1,930 | 10.5900 GBP |
0.4p ordinary | CFD | Reducing a long position | 13,464 | 10.5901 GBP |
0.4p ordinary | CFD | Reducing a long position | 8,364 | 10.5902 GBP |
0.4p ordinary | CFD | Reducing a long position | 22,822 | 10.5911 GBP |
0.4p ordinary | CFD | Reducing a long position | 1 | 10.5911 GBP |
0.4p ordinary | CFD | Reducing a long position | 890 | 10.5911 GBP |
0.4p ordinary | CFD | Reducing a long position | 32,349 | 10.5911 GBP |
0.4p ordinary | CFD | Opening a short position | 2,100 | 10.6067 GBP |
0.4p ordinary | CFD | Increasing a long position | 941 | 10.6269 GBP |
0.4p ordinary | CFD | Increasing a long position | 123,983 | 10.6366 GBP |
0.4p ordinary | CFD | Increasing a long position | 583 | 10.6439 GBP |
0.4p ordinary | CFD | Increasing a long position | 816 | 10.6484 GBP |
0.4p ordinary | CFD | Reducing a long position | 4,471 | 10.6526 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,562 | 10.6526 GBP |
0.4p ordinary | CFD | Reducing a long position | 820 | 10.6536 GBP |
0.4p ordinary | CFD | Increasing a long position | 3 | 10.6549 GBP |
0.4p ordinary | CFD | Increasing a long position | 7 | 10.6549 GBP |
0.4p ordinary | CFD | Increasing a long position | 234 | 10.6585 GBP |
0.4p ordinary | CFD | Increasing a long position | 8 | 10.6593 GBP |
0.4p ordinary | CFD | Increasing a long position | 19 | 10.6604 GBP |
0.4p ordinary | CFD | Increasing a long position | 162 | 10.6609 GBP |
0.4p ordinary | CFD | Reducing a long position | 964 | 10.6632 GBP |
0.4p ordinary | CFD | Increasing a long position | 800 | 10.6746 GBP |
0.4p ordinary | CFD | Increasing a long position | 55 | 10.6752 GBP |
0.4p ordinary | CFD | Increasing a long position | 14 | 10.6792 GBP |
0.4p ordinary | CFD | Increasing a long position | 614 | 10.6805 GBP |
0.4p ordinary | CFD | Increasing a long position | 241 | 10.6815 GBP |
0.4p ordinary | CFD | Increasing a long position | 83 | 10.6826 GBP |
0.4p ordinary | CFD | Increasing a long position | 10 | 10.6835 GBP |
0.4p ordinary | CFD | Increasing a long position | 63 | 10.6838 GBP |
0.4p ordinary | CFD | Increasing a long position | 8 | 10.6841 GBP |
0.4p ordinary | CFD | Increasing a long position | 5 | 10.6864 GBP |
0.4p ordinary | CFD | Increasing a long position | 15 | 10.6884 GBP |
0.4p ordinary | CFD | Increasing a long position | 311 | 10.6884 GBP |
0.4p ordinary | CFD | Increasing a long position | 120 | 10.6888 GBP |
0.4p ordinary | CFD | Increasing a long position | 7 | 10.6894 GBP |
0.4p ordinary | CFD | Increasing a long position | 135 | 10.6918 GBP |
0.4p ordinary | CFD | Increasing a long position | 978 | 10.6922 GBP |
0.4p ordinary | CFD | Increasing a long position | 22 | 10.6929 GBP |
0.4p ordinary | CFD | Increasing a long position | 53 | 10.6935 GBP |
0.4p ordinary | CFD | Increasing a long position | 101 | 10.6937 GBP |
0.4p ordinary | CFD | Increasing a long position | 1,739 | 10.6939 GBP |
0.4p ordinary | CFD | Increasing a long position | 204 | 10.6946 GBP |
0.4p ordinary | CFD | Increasing a long position | 16,101 | 10.7071 GBP |
0.4p ordinary | CFD | Increasing a long position | 734 | 10.7071 GBP |
0.4p ordinary | CFD | Increasing a long position | 1 | 10.7075 GBP |
0.4p ordinary | CFD | Increasing a long position | 85 | 10.7075 GBP |
0.4p ordinary | CFD | Increasing a long position | 7 | 10.7077 GBP |
0.4p ordinary | CFD | Increasing a long position | 14 | 10.7092 GBP |
0.4p ordinary | CFD | Increasing a long position | 43 | 10.7098 GBP |
0.4p ordinary | CFD | Increasing a long position | 44 | 10.7099 GBP |
0.4p ordinary | CFD | Reducing a long position | 497 | 10.7105 GBP |
0.4p ordinary | CFD | Increasing a long position | 31 | 10.7112 GBP |
0.4p ordinary | CFD | Increasing a long position | 266 | 10.7114 GBP |
0.4p ordinary | CFD | Increasing a long position | 6 | 10.7118 GBP |
0.4p ordinary | CFD | Increasing a long position | 31 | 10.7120 GBP |
0.4p ordinary | CFD | Increasing a long position | 1,246 | 10.7122 GBP |
0.4p ordinary | CFD | Reducing a long position | 16 | 10.7133 GBP |
0.4p ordinary | CFD | Increasing a long position | 4,985 | 10.7136 GBP |
0.4p ordinary | CFD | Increasing a long position | 1,088 | 10.7139 GBP |
0.4p ordinary | CFD | Increasing a long position | 10 | 10.7139 GBP |
0.4p ordinary | CFD | Increasing a long position | 6 | 10.7139 GBP |
0.4p ordinary | CFD | Increasing a long position | 1 | 10.7139 GBP |
0.4p ordinary | CFD | Increasing a long position | 25 | 10.7147 GBP |
0.4p ordinary | CFD | Increasing a long position | 73 | 10.7162 GBP |
0.4p ordinary | CFD | Increasing a long position | 334 | 10.7206 GBP |
0.4p ordinary | CFD | Increasing a long position | 159 | 10.7206 GBP |
0.4p ordinary | CFD | Increasing a long position | 2,882 | 10.7211 GBP |
0.4p ordinary | CFD | Increasing a long position | 13,295 | 10.7225 GBP |
0.4p ordinary | CFD | Increasing a long position | 93 | 10.7248 GBP |
0.4p ordinary | CFD | Reducing a long position | 173 | 10.7281 GBP |
0.4p ordinary | CFD | Increasing a long position | 6,839 | 10.7285 GBP |
0.4p ordinary | CFD | Increasing a long position | 789 | 10.7290 GBP |
0.4p ordinary | CFD | Increasing a long position | 381 | 10.7292 GBP |
0.4p ordinary | CFD | Increasing a long position | 184 | 10.7312 GBP |
0.4p ordinary | CFD | Increasing a long position | 131 | 10.7348 GBP |
0.4p ordinary | CFD | Increasing a long position | 132 | 10.7351 GBP |
0.4p ordinary | CFD | Increasing a long position | 2,536 | 10.7406 GBP |
0.4p ordinary | CFD | Increasing a long position | 5,308 | 10.7410 GBP |
0.4p ordinary | CFD | Increasing a long position | 41 | 10.7412 GBP |
0.4p ordinary | CFD | Increasing a long position | 322 | 10.7413 GBP |
0.4p ordinary | CFD | Increasing a long position | 126 | 10.7449 GBP |
0.4p ordinary | CFD | Increasing a long position | 290 | 10.7459 GBP |
0.4p ordinary | CFD | Increasing a long position | 148 | 10.7461 GBP |
0.4p ordinary | CFD | Increasing a long position | 561 | 10.7469 GBP |
0.4p ordinary | CFD | Increasing a long position | 1 | 10.7489 GBP |
0.4p ordinary | CFD | Increasing a long position | 4 | 10.7492 GBP |
0.4p ordinary | CFD | Reducing a short position | 43,729 | 10.7507 GBP |
0.4p ordinary | CFD | Reducing a short position | 1,093 | 10.7507 GBP |
0.4p ordinary | CFD | Reducing a short position | 31,360 | 10.7507 GBP |
0.4p ordinary | CFD | Reducing a long position | 2 | 10.7508 GBP |
0.4p ordinary | CFD | Reducing a long position | 6 | 10.7508 GBP |
0.4p ordinary | CFD | Increasing a long position | 258 | 10.7554 GBP |
0.4p ordinary | CFD | Increasing a long position | 43 | 10.7558 GBP |
0.4p ordinary | CFD | Increasing a long position | 21 | 10.7589 GBP |
0.4p ordinary | CFD | Increasing a long position | 865 | 10.7592 GBP |
0.4p ordinary | CFD | Increasing a long position | 15 | 10.7593 GBP |
0.4p ordinary | CFD | Increasing a long position | 143 | 10.7608 GBP |
0.4p ordinary | CFD | Increasing a long position | 3 | 10.7659 GBP |
0.4p ordinary | CFD | Increasing a long position | 369,009 | 10.8000 GBP |
0.4p ordinary | CFD | Increasing a long position | 11 | 10.8023 GBP |
0.4p ordinary | CFD | Increasing a long position | 3 | 10.8094 GBP |
0.4p ordinary | CFD | Increasing a long position | 5 | 10.8094 GBP |
0.4p ordinary | CFD | Increasing a long position | 380 | 10.8094 GBP |
0.4p ordinary | CFD | Increasing a long position | 8 | 10.8094 GBP |
0.4p ordinary | CFD | Increasing a long position | 64 | 10.8094 GBP |
0.4p ordinary | CFD | Increasing a long position | 13 | 10.8094 GBP |
0.4p ordinary | CFD | Reducing a long position | 2,042 | 10.8191 GBP |
0.4p ordinary | CFD | Reducing a long position | 3 | 10.8311 GBP |
0.4p ordinary | CFD | Reducing a long position | 14,403 | 13.5836 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 |
(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: | 12 June 2024 |
| Contact name: | Papa Lette and Andrzej Szyszka |
| Telephone number: | +33(1) 4212 1459 / +48(22) 317 4817 |
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 disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.