17th Aug 2021 16:56
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: | 10 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, 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 | 1,918,368
2,601,417 | 5.7600 GBP
5.7575 GBP | 5.6500 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
| 2,584 19,629 1,217 9,556 13,300
150 100 2,405 99,317 3,155 699,898 662 4,001 3,412 20,241 27,726 10,700 738 10,829
4,052 2,048
553 3,375 49,145 24,634 6,171 3,630 261 1,500 15,008 15,788 2,220 1,385 20,499 5,567 5,280 6,300 31,242 3,018 8,069 4,900 10,978 1,066 1,478 15,630 421 3,350 5,280 147 1,013 | 5.6847 GBP 5.6971 GBP 5.7091 GBP 5.7102 GBP 5.7188 GBP
5.6780 GBP 5.6825 GBP 5.6838 GBP 5.6840 GBP 5.6854 GBP 5.6859 GBP 5.6898 GBP 5.6928 GBP 5.6957 GBP 5.6994 GBP 5.7060 GBP 5.7136 GBP 5.7258 GBP 5.7326 GBP
5.6953 GBP 5.7098 GBP
5.6723 GBP 5.6840 GBP 5.6842 GBP 5.6843 GBP 5.6857 GBP 5.6896 GBP 5.6900 GBP 5.6907 GBP 5.6917 GBP 5.6925 GBP 5.6953 GBP 5.6992 GBP 5.6996 GBP 5.7035 GBP 5.7051 GBP 5.7104 GBP 5.7110 GBP 5.7120 GBP 5.7124 GBP 5.7138 GBP 5.7168 GBP 5.7192 GBP 5.7248 GBP 5.7252 GBP 5.7349 GBP 5.7372 GBP 5.7429 GBP 5.7500 GBP 5.7509 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: | 17 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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