23rd May 2022 10:30
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: | 20 May 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 | 2,855,183
2,134,768 | 11.6600 GBP
11.6450 GBP | 11.5750 GBP
11.5750 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 | 3 6,757 6,885 699 1,432 2,579 3,747 8,390 10,064 3,284 235 5,978 4,257 11,983 9,554 15,903 15,527 2,333 247,174 2,540 1,085 4,221 334 11,073 6,808 17,893 5,999 8,317 112,156 18,671 3,668
6,378 541,216 367 1,472 5,000
1,952 2,270 11,484 311 1,234 3,122 791 140,464 6,526 2,776 27,065 743 15,559 160 27,027 2,877 1,836 12 1,057 199,747 3,369
8,067 194,663 20,000 79,980 17,240 2,146 12,880
340,000 | 11.5901 GBP 11.5905 GBP 11.5906 GBP 11.5934 GBP 11.5950 GBP 11.5951 GBP 11.5973 GBP 11.5975 GBP 11.5985 GBP 11.5989 GBP 11.6001 GBP 11.6010 GBP 11.6032 GBP 11.6059 GBP 11.6075 GBP 11.6085 GBP 11.6106 GBP 11.6124 GBP 11.6130 GBP 11.6149 GBP 11.6190 GBP 11.6201 GBP 11.6204 GBP 11.6205 GBP 11.6301 GBP 11.6352 GBP 11.6387 GBP 11.6391 GBP 11.6401 GBP 11.6406 GBP 11.6408 GBP
11.6000 GBP 11.6040 GBP 11.6365 GBP 11.6400 GBP 11.6450 GBP
11.5818 GBP 11.5897 GBP 11.5898 GBP 11.5972 GBP 11.5990 GBP 11.5996 GBP 11.6017 GBP 11.6019 GBP 11.6036 GBP 11.6052 GBP 11.6099 GBP 11.6114 GBP 11.6179 GBP 11.6199 GBP 11.6209 GBP 11.6251 GBP 11.6260 GBP 11.6398 GBP 11.6399 GBP 11.6400 GBP 11.6494 GBP
11.5930 GBP 11.5970 GBP 11.5984 GBP 11.5990 GBP 11.6013 GBP 11.6066 GBP 11.6402 GBP
11.6498 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: | 23 May 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