18th Feb 2021 11:30
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: | 17 February 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 | 600,293
585,732 | 8.5150 GBP
8.5250 GBP | 8.2275 GBP
8.2550 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
| 5,927 21,385 2,208 2,494 114
496 357 729 372 1,171 626 2,569 15,543 226 5,827 1,199 2,523 524
7,295 300 533 5,731 6,941 50 11,805
1,566 370 989 576 5,000 840 508 1,747 74,043 384 540
184 287 300
31 539 300 | 8.3362 GBP 8.3960 GBP 8.4207 GBP 8.5045 GBP 8.5057 GBP
8.3402 GBP 8.3600 GBP 8.3778 GBP 8.3925 GBP 8.4119 GBP 8.4156 GBP 8.4175 GBP 8.4177 GBP 8.4196 GBP 8.4204 GBP 8.4432 GBP 8.4674 GBP 8.4732 GBP
8.3038 GBP 8.3296 GBP 8.3353 GBP 8.3558 GBP 8.3615 GBP 8.3932 GBP 8.4198 GBP
8.2425 GBP 8.2838 GBP 8.3039 GBP 8.3095 GBP 8.3123 GBP 8.3382 GBP 8.3535 GBP 8.3953 GBP 8.4200 GBP 8.5091 GBP 8.5159 GBP
8.2974 GBP 8.3219 GBP 8.4200 GBP
8.2548 GBP 8.3415 GBP 8.3581 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: | 18 February 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