5th Aug 2021 17:33
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 July 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, NortonLifeLock 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
| 1,570,956 18,589
853,452 18,589 | 6.1100 GBP 180.9000 CZK
6.1080 GBP 179.0829 CZK | 5.9560 GBP 177.5500 CZK
5.9400 GBP 179.0829 CZK |
(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
| 14,526 145,931 2,950 717 158,615 12 2 2,561 12,348 8,117 395 823 3,159 966 10,545 13,119 213,800 6,002 16,170 4 9 11,457 41 526 12,051 28 14 18 3,098 611 10 132 14,117 9 166 61,031 156 1 148,263 68 88 774 6,224 45 659 135,894 12,701
12,770 6,015 36 18,510 150,000
148 98,167 11,891 1,044 318 17,632 2,233 24,131 2,383 25,385 42,360 37,058
61,807 3,200 12,500 147,016
45,728 53,464
99,192 18,500 1,730 | 5.9985 GBP 6.0013 GBP 6.0032 GBP 6.0062 GBP 6.0070 GBP 6.0112 GBP 6.0120 GBP 6.0152 GBP 6.0163 GBP 6.0170 GBP 6.0192 GBP 6.0283 GBP 6.0296 GBP 6.0303 GBP 6.0340 GBP 6.0349 GBP 6.0350 GBP 6.0354 GBP 6.0363 GBP 6.0417 GBP 6.0419 GBP 6.0420 GBP 6.0508 GBP 6.0510 GBP 6.0511 GBP 6.0513 GBP 6.0562 GBP 6.0563 GBP 6.0569 GBP 6.0570 GBP 6.0580 GBP 6.0582 GBP 6.0585 GBP 6.0612 GBP 6.0616 GBP 6.0617 GBP 6.0619 GBP 6.0676 GBP 6.0749 GBP 6.0765 GBP 6.0768 GBP 6.0770 GBP 6.0771 GBP 6.0772 GBP 6.0926 GBP 6.0940 GBP 6.0949 GBP
5.9552 GBP 6.0257 GBP 6.0258 GBP 6.0324 GBP 6.0486 GBP
6.0110 GBP 6.0333 GBP 6.0336 GBP 6.0338 GBP 6.0479 GBP 6.0602 GBP 6.0659 GBP 6.0668 GBP 6.0766 GBP 6.0931 GBP 6.0937 GBP 6.0940 GBP
6.0010 GBP 6.0378 GBP 6.0387 GBP 6.0789 GBP
6.0330 GBP 6.0503 GBP
6.0294 GBP 6.0399 GBP 6.0297 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: | 05 August 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.
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