9th Sep 2022 11:10
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 | AVEVA Group plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker to AVEVA Group plc |
(d) Date dealing undertaken: | 8 September 2022 |
(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, Schneider Electric SE |
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 |
3 5/9p ordinary | Purchase
Sale | 410,486
460,113 | 29.1800 GBP
29.1850 GBP | 28.4000 GBP
28.8171 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 |
3 5/9p ordinary | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a Long Position
Opening a Short Position
| 134 95 136 15 3,126 15 325 7,016 1,771 247 5,970 1,342 7,988 607 1,353 1,902 8,714 163 244 433 512 848 933 5,775
922 15,079 912 750 90,000 125 3,745 461
2,609 11,826 170 5,835 29 355 650 933 70 777 3,659 308 16,410 4,532
54 15 4,116 16 373 3,596 1,306
610 64 112 37 1,069 180 684 3,374 511 4,726 30,412
7,200 140 6,580 257 1,587 3,715 359 4,782 1,776 3,838 953 132 31,789 2,428 13,452 1,780 | 28.8279 GBP 28.9241 GBP 28.9477 GBP 28.9530 GBP 28.9662 GBP 28.9729 GBP 28.9850 GBP 29.0060 GBP 29.0066 GBP 29.0317 GBP 29.0343 GBP 29.0360 GBP 29.0366 GBP 29.0396 GBP 29.0614 GBP 29.0918 GBP 29.1300 GBP 29.1415 GBP 29.1420 GBP 29.1548 GBP 29.1549 GBP 29.1731 GBP 29.1800 GBP 29.1801 GBP
28.8494 GBP 28.8652 GBP 28.9611 GBP 29.0000 GBP 29.0102 GBP 29.1498 GBP 29.1685 GBP 29.1756 GBP
28.8171 GBP 28.9273 GBP 28.9287 GBP 28.9321 GBP 28.9678 GBP 28.9870 GBP 29.0106 GBP 29.0107 GBP 29.0330 GBP 29.0373 GBP 29.0594 GBP 29.0633 GBP 29.1036 GBP 29.1336 GBP
28.4000 GBP 28.9600 GBP 28.9725 GBP 28.9738 GBP 29.0712 GBP 29.0806 GBP 29.1406 GBP
28.7599 GBP 28.8799 GBP 28.8884 GBP 28.9254 GBP 28.9292 GBP 28.9729 GBP 28.9780 GBP 28.9848 GBP 28.9932 GBP 29.1751 GBP 29.1800 GBP
28.8489 GBP 28.9040 GBP 28.9073 GBP 28.9209 GBP 28.9477 GBP 28.9491 GBP 28.9550 GBP 28.9555 GBP 28.9599 GBP 28.9663 GBP 28.9949 GBP 29.0002 GBP 29.0070 GBP 29.0523 GBP 29.1461 GBP 29.1800 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 |
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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
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| Date of disclosure: | 9 September 2022 |
| 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:
AVV.L