25th Mar 2022 11:34
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 March 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 | 1,276,944
1,170,464 | 8.1750 GBP
8.1275 GBP | 7.1200 GBP
7.1150 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 Long Position
Opening a Short Position
| 1,262 904 3,982 204 737 2,654 21 201
1,930 303 572 14 57,264 78 76,932 1,135 436 778 630 100 200 51 276 14,805 1,043 44,858 4,002 5,243 362,206 22,737 14,117 3,645
5,000 31 3,511
1 180,075 202,376 13,796 26,242 93,117 32,809 155,917
207 3,847 1,300 3,025 1,047 30,578 1,998 388 928 1,500 1,559 5,872 760 24,397
53 532 232 2,374 490 4,764 49,834 3,626 2,674 207 3,974 1,559 6,500 | 7.5858 GBP 7.6026 GBP 7.9587 GBP 7.9597 GBP 7.9675 GBP 8.0299 GBP 8.0658 GBP 8.0662 GBP
7.1920 GBP 7.2856 GBP 7.3091 GBP 7.3468 GBP 7.3520 GBP 7.3710 GBP 7.3712 GBP 7.4118 GBP 7.4360 GBP 7.4852 GBP 7.5195 GBP 7.5196 GBP 7.5970 GBP 7.5978 GBP 7.6105 GBP 7.7787 GBP 7.9269 GBP 7.9558 GBP 7.9713 GBP 7.9727 GBP 7.9889 GBP 8.0097 GBP 8.0638 GBP 8.0700 GBP
7.5460 GBP 7.7064 GBP 7.7137 GBP
7.1300 GBP 7.3092 GBP 7.4658 GBP 7.6894 GBP 7.7887 GBP 8.0091 GBP 8.0411 GBP 8.0609 GBP
7.3834 GBP 7.4226 GBP 7.5237 GBP 7.5274 GBP 7.6287 GBP 7.6378 GBP 7.6412 GBP 7.6550 GBP 7.8441 GBP 7.8815 GBP 8.0190 GBP 8.0445 GBP 8.0473 GBP 8.0650 GBP
7.2226 GBP 7.4068 GBP 7.5835 GBP 7.5879 GBP 7.6100 GBP 7.6383 GBP 7.7408 GBP 7.8568 GBP 7.9448 GBP 8.0650 GBP 8.0654 GBP 8.1902 GBP 8.1923 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 March 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