30th Nov 2022 09:54
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: | 29 November 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 | 929,679
547,739 | 31.8368 GBP
31.8200 GBP | 31.7500 GBP
31.7555 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
Increase Long
Increase Short
Opening a Long Position
Opening a Short Position
| 2,213 2,207 205 140 2,000 2,292 3,243 588
65 1,436 18,734 3,389 2,042
15,000 81 131,000 150,000 78,262
8,980 136 11,564 7,154 160 181 1,327 4,575 1,313 524 1,999 130
8,976 642 5,129 861 1,132 565 1,084 5,249 3,517 300 7,219 122 3,179 68 | 31.7552 GBP 31.7600 GBP 31.7611 GBP 31.7836 GBP 31.7890 GBP 31.7936 GBP 31.7961 GBP 31.7962 GBP
31.7584 GBP 31.7585 GBP 31.7586 GBP 31.7750 GBP 31.7774 GBP
31.7659 GBP 31.7706 GBP 31.8018 GBP 31.8239 GBP 31.8368 GBP
31.7584 GBP 31.7591 GBP 31.7599 GBP 31.7650 GBP 31.7665 GBP 31.7691 GBP 31.7749 GBP 31.7800 GBP 31.7860 GBP 31.7887 GBP 31.7960 GBP 31.7998 GBP
31.7600 GBP 31.7602 GBP 31.7618 GBP 31.7689 GBP 31.7710 GBP 31.7714 GBP 31.7735 GBP 31.7843 GBP 31.7926 GBP 31.7952 GBP 31.7989 GBP 31.8002 GBP 31.8023 GBP 31.8216 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: | 30 November 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