17th Feb 2025 14:33
Amendment - due to the amendment of Derivative transactions, the disclosure made on 21st June for dealings on 20th 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: | 20 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 | 1,145,543 | 11.6700 GBP | 11.2800 GBP |
0.4p ordinary | Sales | 1,402,537 | 11.6800 GBP | 11.2750 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 | Reducing a long position | 183,369 | 11.3400 GBP |
0.4p ordinary | CFD | Reducing a long position | 90 | 11.3411 GBP |
0.4p ordinary | CFD | Reducing a long position | 4,415 | 11.3411 GBP |
0.4p ordinary | CFD | Reducing a long position | 27 | 11.3411 GBP |
0.4p ordinary | CFD | Reducing a long position | 25,282 | 11.3411 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,319 | 11.3417 GBP |
0.4p ordinary | CFD | Reducing a long position | 226 | 11.3599 GBP |
0.4p ordinary | CFD | Increasing a long position | 3,750 | 11.3709 GBP |
0.4p ordinary | CFD | Increasing a long position | 7,403 | 11.3709 GBP |
0.4p ordinary | CFD | Increasing a long position | 7,406 | 11.3709 GBP |
0.4p ordinary | CFD | Increasing a long position | 278 | 11.3709 GBP |
0.4p ordinary | CFD | Increasing a long position | 1,163 | 11.3709 GBP |
0.4p ordinary | CFD | Increasing a long position | 33,754 | 11.3716 GBP |
0.4p ordinary | CFD | Increasing a long position | 66,629 | 11.3716 GBP |
0.4p ordinary | CFD | Increasing a long position | 66,653 | 11.3716 GBP |
0.4p ordinary | CFD | Increasing a long position | 2,501 | 11.3716 GBP |
0.4p ordinary | CFD | Increasing a long position | 10,463 | 11.3716 GBP |
0.4p ordinary | CFD | Increasing a long position | 31,972 | 11.3740 GBP |
0.4p ordinary | CFD | Reducing a long position | 407 | 11.3764 GBP |
0.4p ordinary | CFD | Increasing a long position | 15,939 | 11.3785 GBP |
0.4p ordinary | CFD | Increasing a long position | 9,591 | 11.3821 GBP |
0.4p ordinary | CFD | Increasing a long position | 9,591 | 11.3825 GBP |
0.4p ordinary | CFD | Increasing a long position | 17,710 | 11.3864 GBP |
0.4p ordinary | CFD | Reducing a long position | 8 | 11.4153 GBP |
0.4p ordinary | CFD | Reducing a long position | 36 | 11.4153 GBP |
0.4p ordinary | CFD | Reducing a long position | 4 | 11.4153 GBP |
0.4p ordinary | CFD | Reducing a long position | 10 | 11.4153 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,571 | 11.4153 GBP |
0.4p ordinary | CFD | Reducing a long position | 1 | 11.4161 GBP |
0.4p ordinary | CFD | Increasing a long position | 17,489 | 11.4210 GBP |
0.4p ordinary | CFD | Reducing a short position | 6,453 | 11.4238 GBP |
0.4p ordinary | CFD | Reducing a short position | 4,517 | 11.4238 GBP |
0.4p ordinary | CFD | Reducing a short position | 6,627 | 11.4238 GBP |
0.4p ordinary | CFD | Opening a long position | 92,541 | 11.4259 GBP |
0.4p ordinary | CFD | Opening a long position | 46,880 | 11.4259 GBP |
0.4p ordinary | CFD | Opening a long position | 92,575 | 11.4259 GBP |
0.4p ordinary | CFD | Opening a long position | 14,532 | 11.4259 GBP |
0.4p ordinary | CFD | Opening a long position | 3,472 | 11.4259 GBP |
0.4p ordinary | CFD | Increasing a long position | 11,067 | 11.4350 GBP |
0.4p ordinary | CFD | Reducing a long position | 52 | 11.4411 GBP |
0.4p ordinary | CFD | Increasing a long position | 66 | 11.4489 GBP |
0.4p ordinary | CFD | Reducing a long position | 69 | 11.4505 GBP |
0.4p ordinary | CFD | Reducing a long position | 2 | 11.4601 GBP |
0.4p ordinary | CFD | Reducing a long position | 111 | 11.4601 GBP |
0.4p ordinary | CFD | Increasing a long position | 15,000 | 11.4696 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,230 | 11.4784 GBP |
0.4p ordinary | CFD | Reducing a long position | 244,791 | 11.4787 GBP |
0.4p ordinary | CFD | Reducing a long position | 16,824 | 11.4860 GBP |
0.4p ordinary | CFD | Reducing a long position | 138 | 11.4920 GBP |
0.4p ordinary | CFD | Reducing a long position | 2,918 | 11.4969 GBP |
0.4p ordinary | CFD | Reducing a long position | 2,544 | 11.4969 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,478 | 11.4986 GBP |
0.4p ordinary | CFD | Reducing a long position | 727 | 11.5024 GBP |
0.4p ordinary | CFD | Reducing a long position | 5,338 | 11.5026 GBP |
0.4p ordinary | CFD | Reducing a long position | 32,800 | 11.5050 GBP |
0.4p ordinary | CFD | Reducing a long position | 829 | 11.5145 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,852 | 11.5145 GBP |
0.4p ordinary | CFD | Increasing a long position | 22,709 | 11.5153 GBP |
0.4p ordinary | CFD | Increasing a long position | 16,035 | 11.5214 GBP |
0.4p ordinary | CFD | Increasing a long position | 1,069 | 11.5241 GBP |
0.4p ordinary | CFD | Increasing a long position | 30,000 | 11.5557 GBP |
0.4p ordinary | CFD | Reducing a long position | 315 | 11.5719 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,546 | 11.5719 GBP |
0.4p ordinary | CFD | Reducing a long position | 220 | 11.5719 GBP |
0.4p ordinary | CFD | Reducing a long position | 2,144 | 11.5719 GBP |
0.4p ordinary | CFD | Reducing a long position | 478 | 11.5719 GBP |
0.4p ordinary | CFD | Reducing a long position | 1,900 | 11.5719 GBP |
0.4p ordinary | CFD | Reducing a long position | 62,664 | 11.5719 GBP |
0.4p ordinary | CFD | Increasing a long position | 4,869 | 11.5908 GBP |
0.4p ordinary | CFD | Reducing a long position | 382 | 11.5917 GBP |
0.4p ordinary | CFD | Reducing a long position | 2,749 | 11.5923 GBP |
0.4p ordinary | CFD | Reducing a long position | 893 | 11.5947 GBP |
0.4p ordinary | CFD | Reducing a long position | 625 | 11.5965 GBP |
0.4p ordinary | CFD | Reducing a long position | 3,809 | 11.5966 GBP |
0.4p ordinary | CFD | Reducing a long position | 125,642 | 11.5967 GBP |
0.4p ordinary | CFD | Reducing a long position | 4,300 | 11.5967 GBP |
0.4p ordinary | CFD | Increasing a long position | 4,124 | 11.6024 GBP |
0.4p ordinary | CFD | Opening a long position | 200,000 | 11.6085 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