25th Apr 2022 10:03
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 | HomeServe plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate broker to HomeServe plc. |
(d) Date dealing undertaken: | 22 April 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" | 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 |
2 9/13p ordinary | Purchase
Sale | 574,779
688,885 | 9.8500 GBP
9.8147 GBP | 9.2150 GBP
8.5350 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 |
2 9/13p ordinary | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a Short Position | 78 4,664 15,261 58,825 1,030 4,011 7,400 39 1,105 14,100 675 135 36 485 314 546 174 9,590 13,302 23,242 22,045 89 91 833 778
1 271,540 45,757 501 1,014 5
1,225 713 1,563 1,082 19,647 679 1,233 2,934 972 3,879 4,905 4,961 1,353 1,032 706 2,376 25,717 386
162 72,988 14,274 26 98 4,000
39,445 | 9.2351 GBP 9.3695 GBP 9.3887 GBP 9.5151 GBP 9.6123 GBP 9.6267 GBP 9.6751 GBP 9.6828 GBP 9.7083 GBP 9.7109 GBP 9.7111 GBP 9.7486 GBP 9.7503 GBP 9.7587 GBP 9.7651 GBP 9.7653 GBP 9.7901 GBP 9.8010 GBP 9.8050 GBP 9.8051 GBP 9.8055 GBP 9.8061 GBP 9.8062 GBP 9.8073 GBP 9.8203 GBP
8.5350 GBP 9.4924 GBP 9.5818 GBP 9.7494 GBP 9.7900 GBP 9.8050 GBP
9.2093 GBP 9.2455 GBP 9.3098 GBP 9.3558 GBP 9.4438 GBP 9.4824 GBP 9.4978 GBP 9.5530 GBP 9.6305 GBP 9.6324 GBP 9.6398 GBP 9.6406 GBP 9.6437 GBP 9.6674 GBP 9.6808 GBP 9.7662 GBP 9.8050 GBP 9.8147 GBP
9.5500 GBP 9.5657 GBP 9.6381 GBP 9.6398 GBP 9.6399 GBP 9.7150 GBP
9.5553 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: | 25 April 2022 |
| 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:
HSV.L