29th Jan 2018 18:16
AMENDMENT
INCREASED EQUITY PURCHASES BY 1,050,001 TO 3,012,329
INCREASED EQUITY SALES BY 965,402 TO 1,642,028
ADDED EQUITY SWAP PURCHASES OF 965,402
ADDED EQUITY SWAP SALE OF 1,158,113
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 | Informa plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker & Financial Advisor to UBM plc |
(d) Date dealing undertaken: | 18 January 2018 |
(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" | Yes, UBM plc |
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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares
| Purchases
Sales | 3,012,329
1,642,028 | 7.1242
7.1429 | 7.0075
7.0098 |
(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
|
Ordinary Shares | Equity Swaps | Long
Short | 757 74,494 12,972 1,004 1,411 74,494 101 10,430 43,652 27,205 83 11,535 6,018 289 6,869 196,221 136 96 46,086 683 39 3 252 5,559 162,450 599,882
1,941 1,229 108,112 10,691 1,905 4,176 607 14,134 202,770 50,658 1,040,000 300,001 26,242 16,605 5,309 536 1,666 3,918 3,306 736 2,907 385 1,223 13,280 11,410 2,773 5,056 5,135 27,700 21,079 241 932 194 750,000 452 | 7.0098 GBP 7.0130 GBP 7.0254 GBP 7.0407 GBP 7.0475 GBP 7.0486 GBP 7.0495 GBP 7.0517 GBP 7.0521 GBP 7.0542 GBP 7.0552 GBP 7.0555 GBP 7.0557 GBP 7.0560 GBP 7.0586 GBP 7.0605 GBP 7.0614 GBP 7.0640 GBP 7.0695 GBP 7.0828 GBP 7.0872 GBP 7.0913 GBP 7.0994 GBP 7.1057 GBP 7.1429 GBP 9.7847 USD
7.0402 GBP 7.0425 GBP 7.048 GBP 7.0502 GBP 7.0546 GBP 7.0556 GBP 7.0572 GBP 7.0600 GBP 7.0613 GBP 7.0654 GBP 7.0680 GBP 7.0726 GBP 7.0789 GBP 7.0810 GBP 7.0823 GBP 7.0828 GBP 7.0852 GBP 7.0877 GBP 7.0885 GBP 7.0905 GBP 7.0953 GBP 7.0954 GBP 7.0962 GBP 7.0978 GBP 7.0986 GBP 7.1005 GBP 7.1020 GBP 7.1037 GBP 7.1050 GBP 7.1060 GBP 7.1065 GBP 7.1124 GBP 7.1222 GBP 7.1227 GBP 7.1242 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: | 29 January 2018 |
| 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:
Informa