7th Nov 2022 09:33
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: | 4 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 | 446,045
441,553 | 31.5000 GBP
31.4800 GBP | 31.3600 GBP
31.3600 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
| 191 24,194 57 175 3,510 22 1,154 1,292 6,504 1,787 7,881 1,283 266 1,866 10,533 5,250 143 2,544 1,433 5,597
67,152 25,000 165 70,000 25,000 50,000 3,562 90 6,240
45 22,798 178 45,735 787 1,105 965
931 223,800 | 31.3995 GBP 31.4002 GBP 31.4073 GBP 31.4124 GBP 31.4138 GBP 31.4159 GBP 31.4205 GBP 31.4249 GBP 31.4350 GBP 31.4363 GBP 31.4364 GBP 31.4386 GBP 31.4390 GBP 31.4418 GBP 31.4452 GBP 31.4538 GBP 31.4570 GBP 31.4602 GBP 31.4617 GBP 31.4750 GBP
31.3476 GBP 31.4345 GBP 31.4380 GBP 31.4393 GBP 31.4476 GBP 31.4493 GBP 31.4528 GBP 31.4544 GBP 31.5075 GBP
31.3898 GBP 31.3984 GBP 31.3998 GBP 31.4000 GBP 31.4046 GBP 31.4161 GBP 31.4402 GBP
31.4073 GBP 31.4731 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: | 7 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