16th Sep 2022 10:49
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: | 15 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 | 598,270
386,637 | 30.5405 GBP
30.4463 GBP | 30.2500 GBP
30.2455 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
| 9,398 481 8 3,175 892 1,748 394 4,741 3,335 31 801 678
907 1 1 1,128
1,880 7,935 81 16 14,216 800 1,800 336 8,298 3,890 32,003 49 273 5,990 61
28,500 51,589 25,523 385 1,670 25,000 560 11,022 52 2,053 50,000
33,975 10,663 342 193 759 335 469 1,045 503 155 1,309 1,810 67 84
40,801 1,317 302 1,748 1,082 1,105 5 382 4,341 309 317 | 30.2924 GBP 30.2945 GBP 30.3300 GBP 30.3376 GBP 30.3389 GBP 30.3450 GBP 30.3507 GBP 30.3544 GBP 30.3729 GBP 30.3811 GBP 30.3851 GBP 30.3852 GBP
30.2455 GBP 30.2500 GBP 30.3200 GBP 30.3417 GBP
30.2496 GBP 30.2595 GBP 30.2833 GBP 30.2982 GBP 30.3071 GBP 30.3090 GBP 30.3208 GBP 30.3251 GBP 30.3275 GBP 30.3309 GBP 30.3346 GBP 30.3377 GBP 30.3415 GBP 30.3876 GBP 30.3900 GBP
30.2878 GBP 30.2893 GBP 30.3121 GBP 30.3206 GBP 30.3223 GBP 30.3252 GBP 30.3454 GBP 30.3493 GBP 30.3496 GBP 30.3525 GBP 30.3652 GBP
30.2499 GBP 30.2535 GBP 30.2749 GBP 30.2750 GBP 30.2966 GBP 30.3024 GBP 30.3027 GBP 30.3122 GBP 30.3247 GBP 30.3295 GBP 30.3550 GBP 30.3579 GBP 30.4199 GBP 30.4349 GBP
30.2500 GBP 30.3361 GBP 30.3431 GBP 30.3518 GBP 30.3582 GBP 30.3811 GBP 30.3909 GBP 30.4008 GBP 30.4106 GBP 30.4209 GBP 30.5502 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: | 16 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