15th Feb 2018 07:00
AMENDMENT
INCREASED EQUITY SALES BY 3,250 TO 1,533,306
ADDED EQUITY SWAP PURCHASES OF 3,250
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: | 07 February 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 | 1,361,980
1,533,306 | 6.8120
6.8133 | 6.6497
6.6500 |
(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 (GBP) |
Ordinary Shares | Equity Swaps
| Long
Short
| 1,713 96,815 1,022 2,358 10,294 3,115 2,166 1,514 14,535 1,453 5,796 95,031 3,250 614 2,297 2,089 3,009 1,611 30,707 334 9,700 5,168 1,691 798 202 423 80 41,823 13,989 2,734 9,706 831 2,750 296 73,100 9,658 5,674 258,695
1,727 846 1,278 1,578 5,874 990 7,833 990 438 980 11,522 393 23,071 9,781 3,147 3,940 101,639 4,879 1,485 571 11,448 13,136 1,616 2,336 1,667 1,432 5,170 3,710 790 3,242 26,444 36,170 | 6.6979 GBP 6.6995 GBP 6.7009 GBP 6.7056 GBP 6.7061 GBP 6.7144 GBP 6.7176 GBP 6.7189 GBP 6.7208 GBP 6.7231 GBP 6.7249 GBP 6.7284 GBP 6.7285 GBP 6.7290 GBP 6.7303 GBP 6.7351 GBP 6.7408 GBP 6.7418 GBP 6.7433 GBP 6.7713 GBP 6.7714 GBP 6.7761 GBP 6.7784 GBP 6.7786 GBP 6.7878 GBP 6.7908 GBP 6.7915 GBP 6.7938 GBP 6.7943 GBP 6.7951 GBP 6.7961 GBP 6.7967 GBP 6.7974 GBP 6.7975 GBP 6.7977 GBP 6.7978 GBP 6.7980 GBP 9.4182 USD
6.6496 GBP 6.6505 GBP 6.6570 GBP 6.6617 GBP 6.6685 GBP 6.6731 GBP 6.6800 GBP 6.6835 GBP 6.7002 GBP 6.7010 GBP 6.7017 GBP 6.7032 GBP 6.7045 GBP 6.7062 GBP 6.7068 GBP 6.7099 GBP 6.7155 GBP 6.7163 GBP 6.7169 GBP 6.7211 GBP 6.7257 GBP 6.7308 GBP 6.7326 GBP 6.7469 GBP 6.7512 GBP 6.7611 GBP 6.7796 GBP 6.7926 GBP 6.7927 GBP 6.7980 GBP 6.7985 GBP 6.7993 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 (GBP) | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit (GBP) |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) |
|
(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) (GBP) |
|
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
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| Date of disclosure: | 14 February 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