8th Dec 2021 11:31
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 | Clinigen Group plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | financial adviser to Triton Investment Management |
(d) Date dealing undertaken: | 7 December 2021 |
(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 |
0.1p ordinary | Purchase
Sale | 406,503
370,084 | 8.3500 GBP
8.3182 GBP | 7.7850 GBP
7.8250 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 |
0.1p ordinary | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a Short Position | 54 5,512 1,200 8,934
2,710 5,736 3,511 25,000 3,216 33,427 19,538 6,500 6,500 961 10,000 10,000 733 334 1,300
3,696 5,050 3,505 1
4 4 2,543 18,746 26,042 1,230 29,913 5,036 5,206 2,126 2,522 9 1 14,774 54
37,250 | 8.1413 GBP 8.1414 GBP 8.2085 GBP 8.2441 GBP
8.1296 GBP 8.1746 GBP 8.1750 GBP 8.1968 GBP 8.1976 GBP 8.2057 GBP 8.2076 GBP 8.2080 GBP 8.2094 GBP 8.2346 GBP 8.2397 GBP 8.2410 GBP 8.2450 GBP 8.2499 GBP 8.2500 GBP
7.8250 GBP 8.2180 GBP 8.2364 GBP 8.2400 GBP
7.9896 GBP 8.0046 GBP 8.0104 GBP 8.0171 GBP 8.0324 GBP 8.1067 GBP 8.1174 GBP 8.1630 GBP 8.1662 GBP 8.1701 GBP 8.2133 GBP 8.2258 GBP 8.2308 GBP 8.2309 GBP 8.2903 GBP
8.1541 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: | 8 December 2021 |
| 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:
CLIN.L