17th Feb 2025 14:34
Amendment - due to the amendment of Derivative transactions, the disclosure made on 20th June for dealings on 19th June has been updated. Section 2(b) has been updated.
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: | 19 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 | 1,035,242 | 11.5300 GBP | 11.1600 GBP |
0.4p ordinary | Sales | 452,063 | 11.5300 GBP | 11.1650 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 | Opening a long position | 7,426 | 11.1684 GBP |
0.4p ordinary | CFD | Reducing a long position | 2,428 | 11.1780 GBP |
0.4p ordinary | CFD | Increasing a long position | 3,823 | 11.2070 GBP |
0.4p ordinary | CFD | Reducing a long position | 21 | 11.2137 GBP |
0.4p ordinary | CFD | Reducing a long position | 157 | 11.2140 GBP |
0.4p ordinary | CFD | Reducing a long position | 15 | 11.2150 GBP |
0.4p ordinary | CFD | Increasing a long position | 224 | 11.2217 GBP |
0.4p ordinary | CFD | Increasing a long position | 383 | 11.2305 GBP |
0.4p ordinary | CFD | Reducing a long position | 15,541 | 11.2351 GBP |
0.4p ordinary | CFD | Opening a long position | 569 | 11.2374 GBP |
0.4p ordinary | CFD | Opening a long position | 2,524 | 11.2385 GBP |
0.4p ordinary | CFD | Increasing a long position | 6,351 | 11.2400 GBP |
0.4p ordinary | CFD | Increasing a long position | 140 | 11.2414 GBP |
0.4p ordinary | CFD | Reducing a long position | 25,945 | 11.2484 GBP |
0.4p ordinary | CFD | Increasing a long position | 11 | 11.2489 GBP |
0.4p ordinary | CFD | Reducing a long position | 982 | 11.2506 GBP |
0.4p ordinary | CFD | Reducing a long position | 3,290 | 11.2572 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,184 | 11.2608 GBP |
0.4p ordinary | CFD | Reducing a long position | 538 | 11.2608 GBP |
0.4p ordinary | CFD | Increasing a long position | 774 | 11.2614 GBP |
0.4p ordinary | CFD | Increasing a long position | 1,045 | 11.2627 GBP |
0.4p ordinary | CFD | Increasing a long position | 6 | 11.2642 GBP |
0.4p ordinary | CFD | Reducing a long position | 144 | 11.2659 GBP |
0.4p ordinary | CFD | Reducing a long position | 164 | 11.2660 GBP |
0.4p ordinary | CFD | Reducing a long position | 47 | 11.2662 GBP |
0.4p ordinary | CFD | Reducing a long position | 660 | 11.2663 GBP |
0.4p ordinary | CFD | Reducing a long position | 18,366 | 11.2678 GBP |
0.4p ordinary | CFD | Reducing a long position | 8,344 | 11.2680 GBP |
0.4p ordinary | CFD | Reducing a long position | 2,740 | 11.2688 GBP |
0.4p ordinary | CFD | Reducing a long position | 6,023 | 11.2689 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,645 | 11.2712 GBP |
0.4p ordinary | CFD | Reducing a long position | 3,606 | 11.2714 GBP |
0.4p ordinary | CFD | Reducing a long position | 625 | 11.2722 GBP |
0.4p ordinary | CFD | Reducing a long position | 74 | 11.2727 GBP |
0.4p ordinary | CFD | Reducing a long position | 78 | 11.2740 GBP |
0.4p ordinary | CFD | Reducing a long position | 62 | 11.2748 GBP |
0.4p ordinary | CFD | Reducing a long position | 4,545 | 11.2749 GBP |
0.4p ordinary | CFD | Reducing a long position | 239 | 11.2752 GBP |
0.4p ordinary | CFD | Reducing a long position | 137 | 11.2758 GBP |
0.4p ordinary | CFD | Reducing a long position | 25 | 11.2761 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,316 | 11.2770 GBP |
0.4p ordinary | CFD | Reducing a long position | 2,914 | 11.2771 GBP |
0.4p ordinary | CFD | Reducing a long position | 66 | 11.2776 GBP |
0.4p ordinary | CFD | Reducing a long position | 74 | 11.2777 GBP |
0.4p ordinary | CFD | Reducing a long position | 18 | 11.2785 GBP |
0.4p ordinary | CFD | Reducing a long position | 37 | 11.2785 GBP |
0.4p ordinary | CFD | Reducing a long position | 33 | 11.2786 GBP |
0.4p ordinary | CFD | Reducing a long position | 197 | 11.2789 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,181 | 11.2790 GBP |
0.4p ordinary | CFD | Increasing a long position | 18,835 | 11.2793 GBP |
0.4p ordinary | CFD | Reducing a long position | 7 | 11.2795 GBP |
0.4p ordinary | CFD | Reducing a long position | 94 | 11.2817 GBP |
0.4p ordinary | CFD | Reducing a long position | 17 | 11.2820 GBP |
0.4p ordinary | CFD | Reducing a long position | 147 | 11.2820 GBP |
0.4p ordinary | CFD | Reducing a long position | 2 | 11.2824 GBP |
0.4p ordinary | CFD | Reducing a long position | 2 | 11.2824 GBP |
0.4p ordinary | CFD | Reducing a long position | 33 | 11.2828 GBP |
0.4p ordinary | CFD | Reducing a long position | 31 | 11.2849 GBP |
0.4p ordinary | CFD | Reducing a long position | 8 | 11.2864 GBP |
0.4p ordinary | CFD | Reducing a long position | 38 | 11.2865 GBP |
0.4p ordinary | CFD | Reducing a long position | 4 | 11.2867 GBP |
0.4p ordinary | CFD | Reducing a long position | 6,085 | 11.2897 GBP |
0.4p ordinary | CFD | Reducing a long position | 1 | 11.2911 GBP |
0.4p ordinary | CFD | Reducing a long position | 1 | 11.2936 GBP |
0.4p ordinary | CFD | Reducing a long position | 1 | 11.2936 GBP |
0.4p ordinary | CFD | Reducing a long position | 9 | 11.2951 GBP |
0.4p ordinary | CFD | Reducing a long position | 8 | 11.2951 GBP |
0.4p ordinary | CFD | Reducing a long position | 30 | 11.2953 GBP |
0.4p ordinary | CFD | Reducing a long position | 16 | 11.2987 GBP |
0.4p ordinary | CFD | Reducing a long position | 3 | 11.2987 GBP |
0.4p ordinary | CFD | Reducing a long position | 14 | 11.2987 GBP |
0.4p ordinary | CFD | Reducing a long position | 58 | 11.3010 GBP |
0.4p ordinary | CFD | Reducing a long position | 7 | 11.3014 GBP |
0.4p ordinary | CFD | Reducing a long position | 156 | 11.3034 GBP |
0.4p ordinary | CFD | Increasing a long position | 26,051 | 11.3042 GBP |
0.4p ordinary | CFD | Reducing a long position | 2,123 | 11.3213 GBP |
0.4p ordinary | CFD | Increasing a long position | 3,830 | 11.3223 GBP |
0.4p ordinary | CFD | Reducing a long position | 7 | 11.3225 GBP |
0.4p ordinary | CFD | Reducing a long position | 2,599 | 11.3279 GBP |
0.4p ordinary | CFD | Increasing a long position | 254 | 11.3461 GBP |
0.4p ordinary | CFD | Increasing a long position | 62 | 11.3589 GBP |
0.4p ordinary | CFD | Reducing a long position | 200 | 11.3618 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,329 | 11.3618 GBP |
0.4p ordinary | CFD | Reducing a long position | 186 | 11.3618 GBP |
0.4p ordinary | CFD | Reducing a long position | 505 | 11.3618 GBP |
0.4p ordinary | CFD | Reducing a long position | 203 | 11.3618 GBP |
0.4p ordinary | CFD | Reducing a long position | 447 | 11.3618 GBP |
0.4p ordinary | CFD | Reducing a long position | 35,540 | 11.3618 GBP |
0.4p ordinary | CFD | Reducing a long position | 16,277 | 11.4015 GBP |
0.4p ordinary | CFD | Increasing a long position | 27,211 | 11.4289 GBP |
0.4p ordinary | CFD | Reducing a long position | 216 | 11.4478 GBP |
0.4p ordinary | CFD | Reducing a long position | 2,863 | 11.4502 GBP |
0.4p ordinary | CFD | Reducing a long position | 3,926 | 11.4592 GBP |
0.4p ordinary | CFD | Reducing a long position | 4,432 | 11.4593 GBP |
0.4p ordinary | CFD | Reducing a long position | 11,647 | 11.4593 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,739 | 11.4598 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,590 | 11.4599 GBP |
0.4p ordinary | CFD | Reducing a long position | 287,243 | 11.4675 GBP |
0.4p ordinary | CFD | Reducing a long position | 80,722 | 11.4676 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,560 | 11.4778 GBP |
0.4p ordinary | CFD | Increasing a long position | 3,615 | 11.4836 GBP |
0.4p ordinary | CFD | Reducing a long position | 709 | 11.5129 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,772 | 11.5133 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,566 | 11.5136 GBP |
0.4p ordinary | CFD | Reducing a long position | 4,659 | 11.5137 GBP |
0.4p ordinary | CFD | Reducing a long position | 650 | 11.5137 GBP |
0.4p ordinary | CFD | Reducing a long position | 136,712 | 11.5165 GBP |
0.4p ordinary | CFD | Reducing a long position | 3,331 | 11.5166 GBP |
0.4p ordinary | CFD | Reducing a long position | 27,812 | 11.5209 GBP |
0.4p ordinary | CFD | Increasing a long position | 90 | 11.5288 GBP |
0.4p ordinary | CFD | Increasing a long position | 179 | 11.5288 GBP |
0.4p ordinary | CFD | Increasing a long position | 28 | 11.5288 GBP |
0.4p ordinary | CFD | Increasing a long position | 55,918 | 11.5288 GBP |
0.4p ordinary | CFD | Increasing a long position | 206 | 11.5291 GBP |
0.4p ordinary | CFD | Reducing a long position | 4,253 | 11.5300 GBP |
0.4p ordinary | CFD | Reducing a long position | 654 | 11.5306 GBP |
0.4p ordinary | CFD | Reducing a long position | 64 | 11.5312 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: | 17 February 2025 |
| 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.
Related Shares:
Hargreaves Lansdown