26th Sep 2022 10:40
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: | 23 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" | 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 |
3 5/9p ordinary | Purchase
Sale | 597,821
1,894,509 | 31.6900 GBP
31.6900 GBP | 31.3105 GBP
31.3307 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
| 3,943 58,558 22,405 265 270 668 24,304 3,726 263 119
509 25,000 50,000 6,295 1,000,000 10,000 577 1,233 148,649 14,688
193 233 6,957 423 284 421
67,729 623 50 416 2,962 2,047
25 7,262 352 438 1,150 1,998 4,147 35 8,638 11,263 2,000 77,959 2,335 534 625 628
2,190 7,132 170 7,119 293 1,909 560 5,723 2,146 84,115 199 460 7,373 | 31.4708 GBP 31.4934 GBP 31.4967 GBP 31.5098 GBP 31.5151 GBP 31.5160 GBP 31.5243 GBP 31.5281 GBP 31.5427 GBP 31.5552 GBP
31.3700 GBP 31.3814 GBP 31.3977 GBP 31.4079 GBP 31.4400 GBP 31.4456 GBP 31.5478 GBP 31.5500 GBP 31.5579 GBP 31.5958 GBP
31.4161 GBP 31.4162 GBP 31.4190 GBP 31.4794 GBP 31.5206 GBP 31.5749 GBP
31.3970 GBP 31.3971 GBP 31.4500 GBP 31.5504 GBP 31.5586 GBP 31.6108 GBP
31.3491 GBP 31.4915 GBP 31.4973 GBP 31.5101 GBP 31.5105 GBP 31.5380 GBP 31.5406 GBP 31.5448 GBP 31.5476 GBP 31.5484 GBP 31.5494 GBP 31.5500 GBP 31.5541 GBP 31.5588 GBP 31.5598 GBP 31.5830 GBP
31.4150 GBP 31.4644 GBP 31.4809 GBP 31.4841 GBP 31.5035 GBP 31.5195 GBP 31.5215 GBP 31.5248 GBP 31.5473 GBP 31.5500 GBP 31.5502 GBP 31.5552 GBP 31.6219 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: | 26 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