1st May 2025 10:43
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: | 30 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 | 2,579,878
2,667,504 | 1.7175 GBP
1.7160 GBP | 1.7050 GBP
1.7047 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
| 9,623 3,702 366 34,608 28,443 83,011 7,212 1,138 391 34,483 13,763 53 11,205
71,636 7,710 483 39,975 6,085 17,009 14,941 13,375 685 1,792 964 2,311 167 294 13,703 245 147,824 463 401 296 329 13,626
500 3,065 6 2,014 51,189 5,862 23,795 28,070 6,570 99,008 608 28,044
9,665 234 55,690 175 88 3,737 198 204,082 12,078 299 106,853 2,865 127
83,158 13,286 6,096
99,253 1,287 2,000 | 1.7050 GBP 1.7093 GBP 1.7095 GBP 1.7111 GBP 1.7114 GBP 1.7121 GBP 1.7123 GBP 1.7126 GBP 1.7130 GBP 1.7135 GBP 1.7141 GBP 1.7147 GBP 1.7157 GBP
1.7050 GBP 1.7095 GBP 1.7098 GBP 1.7103 GBP 1.7104 GBP 1.7106 GBP 1.7109 GBP 1.7111 GBP 1.7114 GBP 1.7115 GBP 1.7118 GBP 1.7119 GBP 1.7120 GBP 1.7121 GBP 1.7122 GBP 1.7123 GBP 1.7126 GBP 1.7133 GBP 1.7135 GBP 1.7137 GBP 1.7139 GBP 1.7154 GBP
1.7047 GBP 1.7048 GBP 1.7049 GBP 1.7086 GBP 1.7087 GBP 1.7090 GBP 1.7104 GBP 1.7107 GBP 1.7113 GBP 1.7116 GBP 1.7129 GBP 1.7130 GBP
1.7053 GBP 1.7070 GBP 1.7073 GBP 1.7078 GBP 1.7100 GBP 1.7102 GBP 1.7110 GBP 1.7111 GBP 1.7114 GBP 1.7120 GBP 1.7130 GBP 1.7141 GBP 1.7160 GBP
1.7113 GBP 1.7120 GBP 1.7124 GBP
1.7050 GBP 1.7051 GBP 1.7175 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: | 1 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