17th Aug 2022 10:16
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: | UBS Investment Bank, London |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Firstgroup Plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Firstgroup Plc |
(d) Date dealing undertaken: | 16 August 2022 |
(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" | NO |
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 |
5p Ordinary | Buy
| 954237 | 1.29802 GBP | 1.08455 GBP |
5p Ordinary | Sell
| 1682629 | 1.29802 GBP | 1.08455 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 |
5p Ordinary | CFD
| Long | 3674 | 1.160537 GBP |
5p Ordinary | CFD
| Long | 133377 | 1.09620324 GBP |
5p Ordinary | CFD
| Long | 9597 | 1.141977 GBP |
5p Ordinary | CFD
| Long | 3870 | 1.142 GBP |
5p Ordinary | CFD
| Long | 884 | 1.142002 GBP |
5p Ordinary | CFD
| Long | 16468 | 1.11874787466602 GBP |
5p Ordinary | CFD
| Long | 17145 | 1.14300001 GBP |
5p Ordinary | CFD
| Long | 96188 | 1.189396 GBP |
5p Ordinary | CFD
| Long | 46215 | 1.15431522233041 GBP |
5p Ordinary | CFD
| Long | 41148 | 1.15431532516769 GBP |
5p Ordinary | CFD
| Long | 970673 | 1.26000131 GBP |
5p Ordinary | CFD
| Long | 60593 | 1.271 GBP |
5p Ordinary | CFD
| Long | 1113 | 1.256 GBP |
5p Ordinary | CFD
| Long | 4307 | 1.143286 GBP |
5p Ordinary | CFD
| Short | 72040 | 1.25382066 GBP |
5p Ordinary | CFD
| Short | 24846 | 1.147213 GBP |
5p Ordinary | CFD
| Short | 8984 | 1.220753 GBP |
5p Ordinary | CFD
| Short | 18000 | 1.25186777777778 GBP |
5p Ordinary | CFD
| Short | 181180 | 1.217816 GBP |
5p Ordinary | CFD
| Short | 11374 | 1.215238 GBP |
5p Ordinary | CFD
| Short | 14323 | 1.086656 GBP |
5p Ordinary | CFD
| Short | 913 | 1.265 GBP |
5p Ordinary | CFD
| Short | 54858 | 1.27623989208502 GBP |
5p Ordinary | CFD
| Short | 5204 | 1.154538 GBP |
5p Ordinary | CFD
| Short | 48844 | 1.27623925149455 GBP |
5p Ordinary | CFD
| Short | 37468 | 1.27168303619088 GBP |
5p Ordinary | CFD
| Short | 2778 | 1.1648187037437 GBP |
5p Ordinary | CFD
| Short | 166666 | 1.1072017 GBP |
5p Ordinary | CFD
| Short | 22888 | 1.142 GBP |
5p Ordinary | CFD
| Short | 4727 | 1.166715 GBP |
5p Ordinary | CFD
| Short | 1767 | 1.141998 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: | 17 August 2022 |
| Contact name: | Richard Howard |
| Telephone number: | +44 (0)207 568 9128 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]
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:
Firstgroup