14th Jul 2021 10:30
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 | Daily Mail and General Trust plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Lead Financial Adviser to DMGT |
(d) Date dealing undertaken: | 13 July 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 |
Ordinary Share | Purchase
Sale | 204,607
192,025 | 11.2038 GBP
11.3200 GBP | 11.0400 GBP
10.9000 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 |
Ordinary Share | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a Short Position | 12,309
844 210 65,750 10,868 8,008 60
4,175 13 8 19 280 161 61 16 617 42 34 379 23 85 1,765 1,044 51 18 107 61 77 4 239 24 587 61 267 225 373 38 7 76 2,759 11 253 29 56 43 486 564 83 892 2 382
233 1,381
98,542 | 11.0400 GBP
11.0585 GBP 11.0600 GBP 11.0716 GBP 11.0836 GBP 11.1145 GBP 11.1987 GBP
11.0597 GBP 11.1011 GBP 11.1046 GBP 11.1059 GBP 11.1065 GBP 11.1073 GBP 11.1080 GBP 11.1085 GBP 11.1103 GBP 11.1141 GBP 11.1142 GBP 11.1144 GBP 11.1145 GBP 11.1284 GBP 11.1303 GBP 11.1304 GBP 11.1341 GBP 11.1373 GBP 11.1379 GBP 11.1396 GBP 11.1397 GBP 11.1400 GBP 11.1415 GBP 11.1482 GBP 11.1496 GBP 11.1501 GBP 11.1510 GBP 11.1516 GBP 11.1520 GBP 11.1522 GBP 11.1585 GBP 11.1624 GBP 11.1629 GBP 11.1650 GBP 11.1677 GBP 11.1755 GBP 11.1758 GBP 11.1759 GBP 11.1760 GBP 11.1769 GBP 11.1772 GBP 11.1787 GBP 11.1911 GBP 11.1989 GBP
11.0617 GBP 11.1056 GBP
11.1367 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: | 14 July 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:
DMGT.L