30th Sep 2021 16:04
AMENDMENT
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 | Avast plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Financial Adviser and Corporate Broker to Avast Plc. |
(d) Date dealing undertaken: | 28 September 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" | Yes, Norton LifeLock Inc. |
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 |
10p ordinary | Purchase
Sale | 1,266,859
328,166 | 5.7320 GBP
5.7420 GBP | 5.5943 GBP
5.6520 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 |
10p ordinary | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a short position | 2,644 643 642
467 1,998 1,103 9,909 6,521 5,237 13,175 9,159 5,790 2,969 25,939 19,282 32,107 12,200 45,798 1,890 4 3,900 3,059 4,390 185 60
11,068 4,535
158 910 6,713 22,063 18,629 74,294 1,010 1,596 2,151 10,292 2,068 1,274 6,900 100,000 1,949 100,000 250,000
371,036 184,309 | 5.6969 GBP 5.7028 GBP 5.7092 GBP
5.6629 GBP 5.6639 GBP 5.6649 GBP 5.6657 GBP 5.6709 GBP 5.6731 GBP 5.6734 GBP 5.6744 GBP 5.6779 GBP 5.6791 GBP 5.6803 GBP 5.6850 GBP 5.6853 GBP 5.6865 GBP 5.6871 GBP 5.6884 GBP 5.7003 GBP 5.7019 GBP 5.7020 GBP 5.7025 GBP 5.7157 GBP 5.7217 GBP
5.6770 GBP 5.7011 GBP
5.6656 GBP 5.6712 GBP 5.6969 GBP 5.6982 GBP 5.6994 GBP 5.7020 GBP 5.7023 GBP 5.7074 GBP 5.7110 GBP 5.7116 GBP 5.7117 GBP 5.7127 GBP 7.6684 GBP 7.6943 GBP 7.7142 GBP 7.7222 GBP 7.7416 GBP
5.6778 GBP 7.7407 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: | 30 September 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:
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