16th Aug 2021 11:23
This announcement replaces the previous RNS announcement 6094I released at 10:42 on the 13th August 2021. Amendments to sections 2a and 2b. All other information remains unchanged
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: | UBS Investment Bank, London |
(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: | Avast plc |
(d) Date dealing undertaken: | 12 August 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 |
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 | Buy
| 1059653 | 5.91460 GBP | 5.81350 GBP |
10p ordinary | Sell
| 809798 | 5.91233 GBP | 5.83614 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 | CFD
| Long | 5392 | 5.879015 GBP |
10p ordinary | CFD
| Long | 2373 | 5.91234 GBP |
10p ordinary | CFD
| Long | 127 | 5.850119 GBP |
10p ordinary | CFD
| Long | 64 | 5.887163 GBP |
10p ordinary | CFD
| Long | 39 | 5.839217 GBP |
10p ordinary | CFD
| Long | 6450 | 5.868237 GBP |
10p ordinary | CFD
| Long | 5395 | 5.906 GBP |
10p ordinary | CFD
| Long | 13865 | 5.891579 GBP |
10p ordinary | CFD
| Long | 29536 | 5.891016 GBP |
10p ordinary | CFD
| Long | 29165 | 5.905243 GBP |
10p ordinary | CFD
| Long | 19726 | 5.874193 GBP |
10p ordinary | CFD
| Long | 83325 | 5.890545 GBP |
10p ordinary | CFD
| Long | 2752 | 5.894028 GBP |
10p ordinary | CFD
| Long | 17993 | 5.83925565 GBP |
10p ordinary | CFD
| Long | 11508 | 5.878294 GBP |
10p ordinary | CFD
| Long | 4023 | 5.875158 GBP |
10p ordinary | CFD
| Short | 1679 | 5.875416 GBP |
10p ordinary | CFD
| Short | 46027 | 5.906 GBP |
10p ordinary | CFD
| Short | 18552 | 5.849136 GBP |
10p ordinary | CFD
| Short | 526 | 5.914591 GBP |
10p ordinary | CFD
| Short | 9800 | 5.873755 GBP |
10p ordinary | CFD
| Short | 8574 | 5.882004 GBP |
10p ordinary | CFD
| Short | 2294 | 5.89508 GBP |
10p ordinary | CFD
| Short | 16990 | 5.85764 GBP |
10p ordinary | CFD
| Short | 48969 | 5.909666516 GBP |
10p ordinary | CFD
| Short | 10672 | 5.90505866 GBP |
10p ordinary | CFD
| Short | 119 | 5.854 GBP |
10p ordinary | CFD
| Short | 41 | 5.858 GBP |
10p ordinary | CFD
| Short | 125000 | 5.863662134 GBP |
10p ordinary | CFD
| Short | 103 | 5.8135 GBP |
10p ordinary | CFD
| Short | 142242 | 5.90409 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 |
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(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
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(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) |
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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
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(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: | 16 August 2021 |
| Contact name: | Richard Howard |
| Telephone number: | +44 (0)207 568 9128 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]
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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