27th Jun 2022 10:15
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: | 24 June 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 | 396,820
5,581,136 | 11.7400 GBP
11.7400 GBP | 11.6429 GBP
11.6400 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
Increase Long
Increase Short
Opening a Long Position | 300 1,054 25,100 1,669 651 2,236 768 1,715 4,248 1,835 7,225 4,517 6,799 2,700 4,737 112,587
325 843 1,686 10,821 3,750 3,601 3,769 16,177 97,765 294
6,091 101,995 18,537 50,272 3,453
5,404,000 | 11.6451 GBP 11.6501 GBP 11.6503 GBP 11.6601 GBP 11.6609 GBP 11.6626 GBP 11.6628 GBP 11.6645 GBP 11.6709 GBP 11.6758 GBP 11.6769 GBP 11.6860 GBP 11.6918 GBP 11.7058 GBP 11.7229 GBP 11.7400 GBP
11.6398 GBP 11.6498 GBP 11.6499 GBP 11.6681 GBP 11.6702 GBP 11.7106 GBP 11.7202 GBP 11.7394 GBP 11.7399 GBP 11.7400 GBP
11.6429 GBP 11.6512 GBP 11.6560 GBP 11.6758 GBP 11.7020 GBP
11.6600 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: | 27 June 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