29th Jul 2021 11:41
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: | 28 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" | N/A |
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 | 1,019,555
421,062 | 5.7680 GBP
5.7700 GBP | 5.6660 GBP
5.6660 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 Short Position | 696 14,428 1,168 1,117 7,878 70 121 34,736 12,750 5,880 67
296 6,509 977 500 2,527 969 1,869 6,600 1,368 26,767 68,206 100 1,727 11,772 728 526 2,165 2,858 2,226 1,773 4,702 206
10,401 10,607 89
8,299 781 5,972 1,126 406 1,094 2,550 1,516 1,154 1,625 12,395 621 7,779 355 7,632 13,549
641,473 | 5.6782 GBP 5.6873 GBP 5.6940 GBP 5.6943 GBP 5.6948 GBP 5.6949 GBP 5.6954 GBP 5.6998 GBP 5.7023 GBP 5.7083 GBP 5.7361 GBP
5.6697 GBP 5.6729 GBP 5.6787 GBP 5.6817 GBP 5.6853 GBP 5.6862 GBP 5.6889 GBP 5.6925 GBP 5.6937 GBP 5.6940 GBP 5.6946 GBP 5.6948 GBP 5.6960 GBP 5.6975 GBP 5.6993 GBP 5.7071 GBP 5.7075 GBP 5.7295 GBP 5.7298 GBP 5.7360 GBP 5.7383 GBP 5.7480 GBP
5.6933 GBP 5.7259 GBP 5.7359 GBP
5.6786 GBP 5.6902 GBP 5.6933 GBP 5.6939 GBP 5.6940 GBP 5.6952 GBP 5.6956 GBP 5.6963 GBP 5.6966 GBP 5.6971 GBP 5.6995 GBP 5.7010 GBP 5.7012 GBP 5.7140 GBP 5.7175 GBP 5.7379 GBP
5.6839 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: | 29 July 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.
Related Shares:
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