8th May 2025 15:10
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 | Deliveroo plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Financial advisor to DoorDash, Inc. |
(d) Date dealing undertaken: | 6 May 2025 |
(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 |
0.5p ordinary | Purchase
Sale | 14,068,486
9,188,769 | 1.7640 GBP
1.7590 GBP | 1.7500 GBP
1.7500 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 |
0.5p ordinary | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a long position
Opening a short position
| 3 183,882 154 500,000 22,524 500,000 202,000 250,000 1,201 50,986 1,000,000 172,308 750,000 162,288 29,897 339,662 190,189 14,697
14,129 84,800 12 572,650 14,500 1 1,111 129,609 922 115,812 12,566 250,000 7,620
14,383 1,300 55,224 925,665 2,770 5,929 314
13,277 56,237 1,900,000 2,702 190,581
150,748 21,156 991 176,072 4,948
500,000 26,104 282,076 563,274 281,638 93,880 23,077 45,735 | 1.7531 GBP 1.7533 GBP 1.7542 GBP 1.7543 GBP 1.7546 GBP 1.7549 GBP 1.7551 GBP 1.7553 GBP 1.7556 GBP 1.7557 GBP 1.7559 GBP 1.7561 GBP 1.7569 GBP 1.7576 GBP 1.7588 GBP 1.7589 GBP 1.7594 GBP 1.7599 GBP
1.7529 GBP 1.7538 GBP 1.7540 GBP 1.7541 GBP 1.7544 GBP 1.7545 GBP 1.7546 GBP 1.7548 GBP 1.7549 GBP 1.7553 GBP 1.7564 GBP 1.7572 GBP 1.7579 GBP
1.7538 GBP 1.7539 GBP 1.7541 GBP 1.7544 GBP 1.7549 GBP 1.7550 GBP 1.7560 GBP
1.7549 GBP 1.7558 GBP 1.7573 GBP 1.7576 GBP 1.7609 GBP
1.7509 GBP 1.7522 GBP 1.7550 GBP 1.7562 GBP 1.7582 GBP
1.7509 GBP 1.7539 GBP 1.7540 GBP 1.7543 GBP 1.7545 GBP 1.7549 GBP 1.7561 GBP 1.7579 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 |
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(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) |
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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
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(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
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| Date of disclosure: | 8 May 2025 |
| Contact name: | Hetvi Shah |
| Telephone number: | 44 2034 936359 |
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:
Deliveroo