9th Mar 2021 10:30
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 | Aggreko plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | financial advisor to I Squared Capital LLC |
(d) Date dealing undertaken: | 8 March 2021 |
(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 | 1,097,361
741,759 | 8.9630 GBP
8.9750 GBP | 8.8500 GBP
8.8345 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 | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a Long Position
Opening a Short Position
| 2,154 1,395 541 136 1,156 151 173 1,010 81 5 72 424 9,283 35 60,633 7,562
176 2,149 644 98 5,914 8,000
270 6,087 925
6,592 489 145,605 6,269 7,473 50,000 2,816
99 293 4 1,165 2,466 72 6,181 9,462 10,969 6,586 777 70 171 191 3,035 5,667
4,721 776 985 2,415 100 25,000 800 10,664 16,267 2,262 2,407 3,421 543 1,847 | 8.8643 GBP 8.8674 GBP 8.8721 GBP 8.8738 GBP 8.8775 GBP 8.8786 GBP 8.8826 GBP 8.8843 GBP 8.8850 GBP 8.8900 GBP 8.8903 GBP 8.8964 GBP 8.8985 GBP 8.9009 GBP 8.9195 GBP 8.9211 GBP
8.8643 GBP 8.8743 GBP 8.8873 GBP 8.8891 GBP 8.8967 GBP 8.9083 GBP
8.8757 GBP 8.8804 GBP 8.8874 GBP
8.8636 GBP 8.8807 GBP 8.8810 GBP 8.8857 GBP 8.8883 GBP 8.8987 GBP 8.9010 GBP
8.8345 GBP 8.8550 GBP 8.8645 GBP 8.8745 GBP 8.8761 GBP 8.8796 GBP 8.8863 GBP 8.8896 GBP 8.8900 GBP 8.8927 GBP 8.9031 GBP 8.9045 GBP 8.9047 GBP 8.9175 GBP 8.9214 GBP 8.9272 GBP
8.8601 GBP 8.8638 GBP 8.8650 GBP 8.8681 GBP 8.8717 GBP 8.8744 GBP 8.8750 GBP 8.8769 GBP 8.8771 GBP 8.8869 GBP 8.8900 GBP 8.8904 GBP 8.9603 GBP 8.9630 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: | 9 March 2021 |
| 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:
AGK.L