19th Oct 2018 14:25
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Full name of discloser: | J.P. Morgan Securities LLC |
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. | N/A |
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Randgold Resources Limited |
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: | No |
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure | 18 October 2018 |
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" | Yes, Barrick Gold Corporation. |
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)
Class of relevant security:
| USD 0.05 ordinary | |||
| Interests | Short positions | ||
Number | % | Number | % | |
(1) Relevant securities owned and/or controlled: |
704,323 |
0.75 |
163,671 |
0.17 |
(2) Cash-settled derivatives:
|
- |
- |
171,816 |
0.18 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
254,600 |
0.27 |
121,500 |
0.13 |
TOTAL: |
958,923 |
1.02 |
456,987 |
0.48 |
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
(b) Rights to subscribe for new securities (including directors' and other employee options)
10p ordinary
Class of relevant security in relation to which subscription right exists: | |
Details, including nature of the rights concerned and relevant percentages: |
3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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 | Purchase/sale
| Number of securities | Price per unit (USD) |
ADS | Purchase
Sale | 100 330 487 20 3,742 213 700 3,742 10 200 1,686 300 96 2,400 1,545 6,536 55 400 300 200
1,147 3,742 3,742 700 2,400 200 300 15,909 300 737 427 200 200 500 719 100 634 700 1,396 325 440 4,383 1,742 600 1,425 49 11,177 600 561 100 1,300 410 1,401 700 5,829 346 1,200 200 1,527 1,000 99 1,852 200 949 300 300 200 1,300 243 | 79.1500 80.9800 81.0000 81.0700 81.0787 81.0880 81.0900 81.0987 81.1000 81.1650 81.1750 81.4433 81.4700 81.5080 81.5867 81.6300 81.6800 81.7881 81.8584 79.7500
80.8473 81.0787 81.0987 81.3871 81.5080 81.6100 81.6200 81.6300 81.6400 81.6432 81.6500 81.6600 81.6700 81.6800 81.6854 81.6900 81.7147 81.7200 81.7242 81.7300 81.7305 81.7372 81.7400 81.7433 81.7465 81.7484 81.7495 81.7500 81.7557 81.7600 81.7615 81.7700 81.7714 81.7900 81.7921 81.7995 81.8000 81.8100 81.8110 81.8120 81.8200 81.8229 81.8500 81.8527 81.8584 81.8600 82.0700 82.0823 82.1150 |
(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 (USD) |
ADS | Equity Swap | Long
Short | 300
3,742 2,400 | 81.8584
81.0987 81.5080 |
(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 (AUD) | 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 (AUD) |
(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) |
4. 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 person 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 person 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
|
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? | YES |
| Date of disclosure: | 19 October 2018 |
| Contact name: | Alwyn Basch |
| Telephone number: | 0207 742 7407 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. 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.
SUPPLEMENTAL FORM 8 (OPEN POSITIONS)
DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the "Code")
1. KEY INFORMATION
Full name of person making disclosure: | J.P. Morgan Securities LLC |
Name of offeror/offeree in relation to whose relevant securities the disclosure relates: | Randgold Resources Limited |
2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)
Class of relevant security | Product description e.g. call option | Written or purchased | Number of securities to which option or derivative relates | Exercise price per unit (USD) | Type e.g. American, European etc. | Expiry date |
ADS ADS ADS ADS ADS ADS ADS ADS ADS ADS ADS ADS ADS ADS ADS ADS
ADS ADS ADS ADS ADS ADS ADS ADS ADS ADS ADS ADS ADS ADS | Call Option Call Option Call Option Call Option Call Option Call Option Call Option Call Option Call Option Call Option Call Option Call Option Call Option Call Option Call Option Call Option
Put Option Put Option Put Option Put Option Put Option Put Option Put Option Put Option Put Option Put Option Put Option Put Option Put Option Accumulator | Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased
Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Purchased Written | 30,000 2,700 300 700 800 600 500 1,500 800 20,200 700 6,400 10,300 6,500 3,100 169,500
30,000 2,400 4,800 5,700 2,700 4,100 13,500 1,300 200 9,700 11,100 14,500 4,500 17,000 | 65.00 80.00 85.00 87.50 90.00 92.50 95.00 97.50 100.00 105.00 110.00 115.00 125.00 130.00 140.00 77.00
57.50 60.00 65.00 67.50 70.00 72.50 75.00 77.50 80.00 82.50 87.50 95.00 97.50 88.51 | American American American American American American American American American American American American American American American American
American American American American American American American American American American American American American N/A | 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 19/10/2018
18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 18/01/2019 05/06/2019 |
3. AGREEMENTS TO PURCHASE OR SELL ETC.
Full details should be given so that the nature of the interest or position can be fully understood: |
|
It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.
The currency of all prices and other monetary amounts should be stated.
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.
Related Shares:
Randgold Resources