5th Aug 2019 10:02
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: | 2 August 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 | 241,535
75,955 | 2.3160 GBP
2.3087 GBP | 2.2380 GBP
2.2620 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
| 32,521 411 2,979 677 726 108 79 510 1,136 110 710 23 3,545 7 3,508 21 1,050 7,416 948 1 9,508 161 3,720 9,539 611
87 31,995 18,755 4,907 3,440 1,132 282 66,063 20,106 4,101 2,066 6,448 813 85,779 | 2.2620 GBP 2.2740 GBP 2.2741 GBP 2.2749 GBP 2.2750 GBP 2.2752 GBP 2.2753 GBP 2.2775 GBP 2.2779 GBP 2.2782 GBP 2.2797 GBP 2.2798 GBP 2.2818 GBP 2.2847 GBP 2.2850 GBP 2.2852 GBP 2.2873 GBP 2.2883 GBP 2.2890 GBP 2.2906 GBP 2.2917 GBP 2.2926 GBP 2.2941 GBP 2.2975 GBP 2.3159 GBP
2.2380 GBP 2.2620 GBP 2.2621 GBP 2.2622 GBP 2.2719 GBP 2.2740 GBP 2.2761 GBP 2.2772 GBP 2.2791 GBP 2.2793 GBP 2.2850 GBP 2.2900 GBP 2.2940 GBP 2.7801 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 |
Ordinary Share |
(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: | 5 August 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.
Related Shares:
ACA.L