21st Sep 2022 10:03
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: | 20 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 | 537,285
625,788 | 30.5200 GBP
30.5200 GBP | 30.2500 GBP
30.2500 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
| 498 352 53 30,568 1,773 531 18,662 3,370
38,989 844 5,000 179 6,514 68,069
3,695 1,632 71 10,670 13,490 707 34,879 1,710 472 1,938
5,120 27,338 183 3,413 17,000 2,265 632 234
151 816 303 93 449 5,608 32 12,032 42,784
3,697 210 3,664 959 3,272 811 285 1,897 1,278 1,366 1,425 4,057 743 695 37,758 | 30.3448 GBP 30.3491 GBP 30.3566 GBP 30.3567 GBP 30.3576 GBP 30.3677 GBP 30.3761 GBP 30.4458 GBP
30.2607 GBP 30.3556 GBP 30.3614 GBP 30.3752 GBP 30.4754 GBP 30.5200 GBP
30.2989 GBP 30.3047 GBP 30.3377 GBP 30.3498 GBP 30.3617 GBP 30.3690 GBP 30.3701 GBP 30.3843 GBP 30.3856 GBP 30.4677 GBP
30.2834 GBP 30.2867 GBP 30.3011 GBP 30.3024 GBP 30.3124 GBP 30.3205 GBP 30.3747 GBP 30.5206 GBP
30.2799 GBP 30.3198 GBP 30.3272 GBP 30.3591 GBP 30.3655 GBP 30.3786 GBP 30.3899 GBP 30.4785 GBP 30.4800 GBP
30.2998 GBP 30.3052 GBP 30.3195 GBP 30.3231 GBP 30.3379 GBP 30.3449 GBP 30.3460 GBP 30.3517 GBP 30.3614 GBP 30.3730 GBP 30.3888 GBP 30.4072 GBP 30.4106 GBP 30.4164 GBP 30.4800 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: | 21 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