16th Aug 2021 11:04
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: | 13 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, 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 | 815,818 1,269
947,775 | 5.9654 GBP 8.1793 USD
5.9620 GBP | 5.8860 GBP 8.1793 USD
5.8540 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
| 14 13,066 505 9,156
2,614 12,020 430 212 512 3,870 4,614 2,105 700 14,133 3,100 24,426 910 6,713 3,043 3,424 1,406 30,000 31,059 167,096 5,000 9,113
17,083 11,059 2,745
462 196,267 166 466 16,783 6,133 32 8,929 12,996 3 3,131 917 779 450 276 2,900 8,700 14,072
413 86,167 | 5.9120 GBP 5.9132 GBP 5.9254 GBP 5.9529 GBP
5.8986 GBP 5.8994 GBP 5.8999 GBP 5.9150 GBP 5.9178 GBP 5.9191 GBP 5.9202 GBP 5.9214 GBP 5.9215 GBP 5.9216 GBP 5.9225 GBP 5.9237 GBP 5.9259 GBP 5.9315 GBP 5.9348 GBP 5.9362 GBP 5.9396 GBP 5.9508 GBP 5.9517 GBP 5.9520 GBP 5.9532 GBP 5.9540 GBP
5.9303 GBP 5.9367 GBP 5.9611 GBP
5.8941 GBP 5.9031 GBP 5.9060 GBP 5.9082 GBP 5.9086 GBP 5.9090 GBP 5.9100 GBP 5.9139 GBP 5.9157 GBP 5.9160 GBP 5.9166 GBP 5.9292 GBP 5.9392 GBP 5.9400 GBP 5.9402 GBP 5.9445 GBP 5.9459 GBP 5.9520 GBP
5.9155 GBP 5.9276 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: | 16 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.
Related Shares:
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