17th Sep 2012 10:32
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: | Morgan Stanley Securities Limited |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | BAE Systems Plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | BAE Systems Plc |
(d) Date dealing undertaken: | 14th September 2012 |
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? | No
|
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
(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 |
2.5 ordinary | PURCHASES | 10,671,299 | 3.5400 GBP | 3.3680 GBP |
2.5 ordinary | SALES | 8,673,322 | 3.5390 GBP | 3.3710 GBP |
(b) Derivatives transactions (other than options)
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
| |
2.5 ordinary | CFD | LONG | 197,996 (Traded in ADR Form) | 22.8031 USD |
|
2.5 ordinary | CFD | LONG | 46,755 | 3.3760 GBP |
|
2.5 ordinary | CFD | LONG | 23,530 | 3.4020 GBP |
|
2.5 ordinary | CFD | LONG | 624 | 3.4162 GBP |
|
2.5 ordinary | CFD | LONG | 125,686 | 3.4240 GBP |
|
2.5 ordinary | CFD | LONG | 62,140 | 3.4278 GBP |
|
2.5 ordinary | CFD | LONG | 89,600 | 3.4313 GBP |
|
2.5 ordinary | CFD | LONG | 1,000 | 3.4326 GBP |
|
2.5 ordinary | CFD | LONG | 3,129 | 3.4595 GBP |
|
2.5 ordinary | CFD | LONG | 15,634 | 3.4608 GBP |
|
2.5 ordinary | CFD | LONG | 72,664 | 3.4700 GBP |
|
2.5 ordinary | CFD | LONG | 2,239 | 3.4700 GBP |
|
2.5 ordinary | CFD | LONG | 1,279 | 3.4700 GBP |
|
2.5 ordinary | CFD | LONG | 884 | 3.4700 GBP |
|
2.5 ordinary | CFD | LONG | 2,138 | 3.4700 GBP |
|
2.5 ordinary | CFD | LONG | 556,012 | 3.4717 GBP |
|
2.5 ordinary | CFD | LONG | 39,174 | 3.4725 GBP |
|
2.5 ordinary | CFD | LONG | 25,929 | 3.4731 GBP |
|
2.5 ordinary | CFD | LONG | 14,850 | 3.4738 GBP |
|
2.5 ordinary | CFD | LONG | 720 | 3.4761 GBP |
|
2.5 ordinary | CFD | LONG | 178,468 | 3.4829 GBP |
|
2.5 ordinary | CFD | LONG | 4,583 | 3.4829 GBP |
|
2.5 ordinary | CFD | LONG | 33,509 | 3.4829 GBP |
|
2.5 ordinary | CFD | LONG | 98,000 | 3.4844 GBP |
|
2.5 ordinary | CFD | LONG | 1,640 | 3.4849 GBP |
|
2.5 ordinary | CFD | LONG | 1,933 | 3.4861 GBP |
|
2.5 ordinary | CFD | LONG | 100,000 | 3.4870 GBP |
|
2.5 ordinary | CFD | LONG | 84,207 | 3.5030 GBP |
|
2.5 ordinary | CFD | SHORT | 74,702 | 3.3922 GBP |
|
2.5 ordinary | CFD | SHORT | 47,132 | 3.4024 GBP |
|
2.5 ordinary | CFD | SHORT | 7,549 | 3.4034 GBP |
|
2.5 ordinary | CFD | SHORT | 118,346 | 3.4075 GBP |
|
2.5 ordinary | CFD | SHORT | 133,140 | 3.4075 GBP |
|
2.5 ordinary | CFD | SHORT | 58,544 | 3.4077 GBP |
|
2.5 ordinary | CFD | SHORT | 15,495 | 3.4096 GBP |
|
2.5 ordinary | CFD | SHORT | 13,774 | 3.4096 GBP |
|
2.5 ordinary | CFD | SHORT | 864 | 3.4227 GBP |
|
2.5 ordinary | CFD | SHORT | 30,308 | 3.4343 GBP |
|
2.5 ordinary | CFD | SHORT | 100,000 | 3.4466 GBP |
|
2.5 ordinary | CFD | SHORT | 5,000 | 3.4500 GBP |
|
2.5 ordinary | CFD | SHORT | 2,467 | 3.4500 GBP |
|
2.5 ordinary | CFD | SHORT | 1,416 | 3.4527 GBP |
|
2.5 ordinary | CFD | SHORT | 4,357 | 3.4549 GBP |
|
2.5 ordinary | CFD | SHORT | 23,204 | 3.4549 GBP |
|
2.5 ordinary | CFD | SHORT | 596 | 3.4549 GBP |
|
2.5 ordinary | CFD | SHORT | 1,280 | 3.4550 GBP |
|
2.5 ordinary | CFD | SHORT | 4,964 | 3.4676 GBP |
|
2.5 ordinary | CFD | SHORT | 1,836 | 3.4676 GBP |
|
2.5 ordinary | CFD | SHORT | 36,567 | 3.4681 GBP |
|
2.5 ordinary | CFD | SHORT | 36,698 | 3.4700 GBP |
|
2.5 ordinary | CFD | SHORT | 2,123 | 3.4700 GBP |
|
2.5 ordinary | CFD | SHORT | 95,063 | 3.4700 GBP |
|
2.5 ordinary | CFD | SHORT | 1,357 | 3.4700 GBP |
|
2.5 ordinary | CFD | SHORT | 42,636 | 3.4700 GBP |
|
2.5 ordinary | CFD | SHORT | 4,923 | 3.4700 GBP |
|
2.5 ordinary | CFD | SHORT | 2,138 | 3.4700 GBP |
|
2.5 ordinary | CFD | SHORT | 25 | 3.4700 GBP |
|
2.5 ordinary | CFD | SHORT | 134,174 | 3.4701 GBP |
|
2.5 ordinary | CFD | SHORT | 49,626 | 3.4701 GBP |
|
2.5 ordinary | CFD | SHORT | 1,279,597 | 3.4757 GBP |
|
2.5 ordinary | CFD | SHORT | 7,562 | 3.4847 GBP |
|
2.5 ordinary | CFD | SHORT | 5,895 | 3.4847 GBP |
|
2.5 ordinary | CFD | SHORT | 73,009 | 3.4870 GBP |
|
2.5 ordinary | CFD | SHORT | 179,522 | 3.4875 GBP |
|
2.5 ordinary | CFD | SHORT | 254 | 3.4937 GBP |
|
2.5 ordinary | CFD | SHORT | 23,530 | 3.4955 GBP |
|
2.5 ordinary | CFD | SHORT | 87,710 | 3.4982 GBP |
|
2.5 ordinary | CFD | SHORT | 12,290 | 3.4982 GBP |
|
2.5 ordinary | CFD | SHORT | 550 | 3.5065 GBP |
|
2.5 ordinary | CFD | SHORT | 11,776 | 3.5177 GBP |
|
2.5 ordinary | CFD | SHORT | 9,182 | 3.5177 GBP |
|
2.5 ordinary | CFD | SHORT | 7,000 | 3.4700 GBP |
|
2.5 ordinary | CFD | SHORT | 731,000 | 3.4747 GBP |
|
2.5 ordinary | CFD | SHORT | 80,000 | 3.5075 GBP |
|
(c) Options transactions in respect of existing securities
(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 (GBP) | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit (GBP) |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercising
Class of relevant security | Product description e.g. call option | Number of securities | Exercise price per unit (GBP) |
N/A | N/A | N/A | N/A |
(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) |
N/A | N/A | N/A | N/A |
The currency of all prices and other monetary amounts should be stated.
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.
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: 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: | 17th September 2012 |
| Contact name: | Zoe Taylor |
| Telephone number: | 0207 425 1921 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. 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:
BAE Systems