19th Jul 2021 18:18
AMENDMENT
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: | 14 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 |
12.5p Voting | Purchase
Sale | 153,985
77,485 | 11.2400 GBP
11.2400 GBP | 11.1335 GBP
10.9600 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 |
12.5p Voting | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
| 8,424 2,797
2,740 500 10
2,086 8,424 950 290 710 305 192 84 610 1,643 48 407 690 505 33 19 1,241 2,101 95 19 81 1,810 1,073 336 922 2,066 1 75
50,000 20,598 16,120 19 7,450 31 565 | 11.0800 GBP 11.2400 GBP
11.1719 GBP 11.1800 GBP 11.2000 GBP
10.9600 GBP 11.0800 GBP 11.0999 GBP 11.1692 GBP 11.1719 GBP 11.1812 GBP 11.1815 GBP 11.1824 GBP 11.1825 GBP 11.1826 GBP 11.1827 GBP 11.1832 GBP 11.1833 GBP 11.1838 GBP 11.1839 GBP 11.1848 GBP 11.1853 GBP 11.1854 GBP 11.1855 GBP 11.1867 GBP 11.1872 GBP 11.1878 GBP 11.1879 GBP 11.1989 GBP 11.1995 GBP 11.1997 GBP 11.2000 GBP 11.2120 GBP
11.1335 GBP 11.1556 GBP 11.1678 GBP 11.1729 GBP 11.1731 GBP 11.1732 GBP 11.2017 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: | 19 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