30th Mar 2022 17:41
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: | 17 March 2022 |
(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 | 3,045,394
3,849,824 | 5.8400 GBP
5.7096 GBP | 5.6110 GBP
5.6240 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 Short
| 21,900
80 5,187 575 463 19,227 7,223 21,311 11,229 15,352,006 19,204 7,970 103,415 96,629 35,240 1,262 3,147 13,124 2,000,000 1,771 152,228 67,252 294,889 1,000,000
25,000 418,102 25,000 25,000 25,000 20 14,591 279 73 30,513 2,277 1,320 1,635 21,929 1,873 1,188 1,207 11,946 7,676 7 3,333 1,622 907 15,105,312 25,000 150,000 14,015 25,000 63,572 7,970 3,730 25,000 122,143 27,196 100,000 20,480 200,000 200,000 | 5.6575 GBP
5.6390 GBP 5.6550 GBP 5.6533 GBP 5.6481 GBP 5.6606 GBP 5.6624 GBP 5.6897 GBP 5.6618 GBP 5.6900 GBP 5.6882 GBP 5.6342 GBP 5.6596 GBP 5.6693 GBP 5.6893 GBP 5.6894 GBP 5.6591 GBP 5.6695 GBP 5.6800 GBP 5.6663 GBP 5.6571 GBP 5.6830 GBP 5.6276 GBP 5.7096 GBP
5.6228 GBP 5.6647 GBP 5.6495 GBP 5.6527 GBP 5.6768 GBP 5.6600 GBP 5.6459 GBP 5.6750 GBP 5.6420 GBP 5.6479 GBP 5.6582 GBP 5.6334 GBP 5.6549 GBP 5.6729 GBP 5.6417 GBP 5.6872 GBP 5.6523 GBP 5.6604 GBP 5.6473 GBP 5.6403 GBP 5.6614 GBP 5.6643 GBP 5.6922 GBP 5.6900 GBP 5.6628 GBP 5.6807 GBP 5.6675 GBP 5.6235 GBP 5.6597 GBP 5.6262 GBP 5.6636 GBP 5.6826 GBP 5.6537 GBP 5.6691 GBP 5.6401 GBP 5.6710 GBP 5.6887 GBP 5.6385 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 March 2022 |
| 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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