12th May 2022 11:26
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: | 11 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 | 1,455,347
1,791,957 | 11.2021 GBP
11.1700 GBP | 9.8000 GBP
9.8500 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
| 53 84 370 1,228 14,711 2,875 934 1,327 3,458 1,847 1,381 53,573 83,760 230 9,769 48 395 11,919 78 5,219
40,783 46 54,068 5,450 7,270 12,520 50,000 44,981
490 80 4,631 12,299 1,390 22,352 655 4,656 29,666 1,514 5,779 107,441 301 2,576 7,698 5,265 814 1,278 1,317 2,271 19,246 100 6,621 7,784 13,451 53,734 1,921 6,537 1,757 620
11,373 5,000 41,829 1,452 7,854 | 9.9007 GBP 10.4460 GBP 10.6123 GBP 10.8117 GBP 10.8683 GBP 10.9080 GBP 10.9103 GBP 10.9956 GBP 11.0403 GBP 11.0408 GBP 11.0414 GBP 11.0500 GBP 11.0501 GBP 11.0502 GBP 11.0506 GBP 11.0508 GBP 11.0601 GBP 11.0606 GBP 11.1601 GBP 11.2021 GBP
10.2785 GBP 10.7499 GBP 10.9081 GBP 10.9386 GBP 10.9521 GBP 10.9652 GBP 11.0145 GBP 11.0207 GBP
9.8571 GBP 9.9000 GBP 9.9460 GBP 10.3674 GBP 10.5458 GBP 10.6462 GBP 10.6750 GBP 10.8035 GBP 10.8165 GBP 10.8211 GBP 10.8517 GBP 10.8717 GBP 10.9286 GBP 10.9619 GBP 10.9678 GBP 10.9766 GBP 10.9994 GBP 11.0008 GBP 11.0048 GBP 11.0050 GBP 11.0164 GBP 11.0299 GBP 11.0456 GBP 11.0461 GBP 11.0463 GBP 11.0500 GBP 11.0557 GBP 11.0712 GBP 11.0899 GBP 11.1197 GBP
9.8837 GBP 10.7876 GBP 10.8260 GBP 10.9696 GBP 11.0400 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: | 12 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