24th Mar 2022 17:11
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: | 16 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 | 2,139,384
5,067,806 | 6.2940 GBP
6.4253 GBP | 5.5100 GBP
5.4789 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 long position
Opening a short position
| 100,034 22,839 6,200
3,302 36,649 14,717 12 1,259 5,221 58,511 1,576 4,612 29,661 56,068 1,718 20,698 70,000 18,122 7,826 13,904 5,090 209 283,000 176,201 76,040 133,654 41,481 76,040 57,164 388,035 115,953 18,627 3,827 1,969 455,584 497,777 111,965 2,337 561,981 50 4,953 5,940 14,710 64,575 200,000 276,000 125,000 13,000 4,354 2,688
2,019
59,232 100,000 2,980 25,000 4,394 34,786 24,597 165 2,520 9,442 1,906 85,900 3,846 7,000 5,931 33,768 3,908 4,088 2,150 164,853 64 250,000 50,000 30,000 40,000 400,000 520,000 561,981 7,900
4,000,000
4,000,000 94,227 20,000 | 5.6357 GBP 5.6381 GBP 5.6869 GBP
5.7455 GBP 5.6296 GBP 5.6195 GBP 5.7220 GBP 5.5566 GBP 6.3000 GBP 5.6529 GBP 5.6128 GBP 5.5980 GBP 5.6169 GBP 5.6213 GBP 5.6704 GBP 5.6223 GBP 5.8433 GBP 5.6136 GBP 5.5977 GBP 5.6338 GBP 5.5998 GBP 5.6699 GBP 5.5405 GBP 5.6077 GBP 5.5804 GBP 5.7271 GBP 5.5541 GBP 5.7076 GBP 5.7185 GBP 5.6859 GBP 5.6141 GBP 5.6742 GBP 5.6194 GBP 5.5974 GBP 5.6402 GBP 5.6161 GBP 5.8050 GBP 5.9301 GBP 0.0100 GBP 5.6396 GBP 5.6367 GBP 5.4789 GBP 5.5187 GBP 5.9672 GBP 5.7211 GBP 5.5090 GBP 6.0961 GBP 5.9980 GBP 5.6263 GBP 5.6173 GBP
5.6221 GBP
5.7023 GBP 5.7034 GBP 5.5832 GBP 5.6128 GBP 5.5980 GBP 5.6901 GBP 5.6577 GBP 5.9000 GBP 5.5118 GBP 5.9387 GBP 5.7822 GBP 5.7162 GBP 5.6159 GBP 5.6228 GBP 5.5937 GBP 5.7444 GBP 5.6144 GBP 5.5535 GBP 5.6037 GBP 5.6647 GBP 5.6308 GBP 5.9750 GBP 5.8479 GBP 5.5828 GBP 5.8529 GBP 5.7349 GBP 5.6378 GBP 0.0131 GBP 6.0535 GBP
6.0000 GBP
6.0000 GBP 5.5980 GBP 5.7243 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: | 24 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:
AVST.L