30th Apr 2025 15:49
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: | 29 April 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 | 3,935,173
2,369,253 | 1.7210 GBP
1.7180 GBP | 1.7010 GBP
1.7010 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 | 70,878 11,002 248,416 415,206 9,673 333,208 7,422 60,260 132,400 6,174 3,720
394 5,273 379 465 686 545,212 29,873 30,105 91,659 3,239 1,051 31,647 294,568 31 407 371 120
52,378 17,039 40,281 49,355 1,000 5,555
19,064 21,267 6,392 7,068 54,808 51,545 78,509 1,200,000 10,223 12,406 8,600 970 300
5,486 104,028 2,147
15,340 63,289 48,372 | 1.7126 GBP 1.7141 GBP 1.7144 GBP 1.7145 GBP 1.7148 GBP 1.7150 GBP 1.7151 GBP 1.7152 GBP 1.7158 GBP 1.7161 GBP 1.7166 GBP
1.7110 GBP 1.7120 GBP 1.7130 GBP 1.7139 GBP 1.7140 GBP 1.7142 GBP 1.7143 GBP 1.7144 GBP 1.7146 GBP 1.7149 GBP 1.7150 GBP 1.7152 GBP 1.7154 GBP 1.7159 GBP 1.7160 GBP 1.7170 GBP 1.7210 GBP
1.7131 GBP 1.7148 GBP 1.7151 GBP 1.7153 GBP 1.7156 GBP 1.7171 GBP
1.7089 GBP 1.7131 GBP 1.7133 GBP 1.7149 GBP 1.7150 GBP 1.7151 GBP 1.7152 GBP 1.7153 GBP 1.7155 GBP 1.7156 GBP 1.7170 GBP 1.7175 GBP 1.7190 GBP
1.7120 GBP 1.7128 GBP 1.7170 GBP
1.7142 GBP 1.7150 GBP 1.7165 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: | 30 April 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