26th Aug 2022 11:12
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: | 25 August 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 | 1,177,397
368,044 | 27.9800 GBP
28.0150 GBP | 27.5264 GBP
27.5300 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 Short Position
| 1,559 16,300 93 2,604 13,001 9 1,860 137 3,694 1,144 2,681 10 2 1 33 183 6 1,404 49 18,959 1,638 57 19 40,003 1,390 1,267 48 4,460 16,406 133 3,693 4,682 129,128 27 6,107 4 18,697 654 1,144 45 248 51 2,217 2,722 929 2,235 3,321
445 132 668 50
2,357 7,500 2,166 345 2,255 8,315 585 24,433 13,885
5 535 477 41,573 15 982 564 754
10,000 4,480 30,580 20,000 457,000 | 27.5978 GBP 27.5984 GBP 27.6250 GBP 27.6299 GBP 27.6908 GBP 27.6928 GBP 27.6949 GBP 27.6991 GBP 27.6992 GBP 27.6998 GBP 27.7005 GBP 27.7088 GBP 27.7094 GBP 27.7125 GBP 27.7139 GBP 27.7145 GBP 27.7147 GBP 27.7158 GBP 27.7159 GBP 27.7200 GBP 27.7201 GBP 27.7202 GBP 27.7221 GBP 27.7262 GBP 27.7263 GBP 27.7301 GBP 27.7314 GBP 27.7360 GBP 27.7455 GBP 27.7458 GBP 27.7463 GBP 27.7528 GBP 27.7533 GBP 27.7590 GBP 27.7594 GBP 27.7596 GBP 27.7648 GBP 27.7651 GBP 27.7726 GBP 27.7835 GBP 27.7837 GBP 27.7849 GBP 27.8187 GBP 27.8193 GBP 27.8194 GBP 27.9068 GBP 27.9128 GBP
27.6855 GBP 27.6954 GBP 27.7195 GBP 27.7400 GBP
27.6375 GBP 27.6621 GBP 27.6684 GBP 27.6839 GBP 27.6858 GBP 27.6859 GBP 27.6920 GBP 27.7004 GBP 27.7221 GBP
27.6875 GBP 27.7026 GBP 27.7263 GBP 27.7350 GBP 27.7500 GBP 27.8055 GBP 27.8100 GBP 27.8197 GBP
27.5264 GBP 27.6844 GBP 27.7025 GBP 27.7040 GBP 27.7216 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 |
|
|
|
|
|
(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) |
|
|
|
|
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
|
(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
|
| Date of disclosure: | 26 August 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