8th Feb 2018 17:32
AMENDMENT
INCREASED EQUITY PURCASES BY 175,141 TO 2,075,873
INCREASED EQUITY SALES BY 1,319,580 TO 5,953,759
REMOVED EQUITY SWAP PURCHASES OF 80,420
ADDED EQUITY SWAP SALES OF 175,141
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: | 30 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 | 2,075,873
5,953,759 | 7.0020
7.0040 | 6.8280
6.8153 |
(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
| 972 940 5,944 108,300 108,300 1,685 5,168 108,300 3,654,258 2,221 30,678 8,435 1,420 360,240 165,970 7,624 24,063 842 597 709 9,939 2,617 1,260 302,138 37,140 33,832 1,476 64,343 23,645 433,200 151,455 13,465 18,383 13,110 14,386 2,487 378,531 1,119 2,134 21,253 10,856 7,205 5,223 2,339 567 100,970 906 1,618 365 1,187,806
105 37,228 2,254,258 108,132 30,425 7,168 29,781 71 1,284 417 6,751 13,346 104,006 1 259,197 300,000 10,477 30,955 52,897 2,697 32,482 321 29,100 2,189 2,070 727 1,583 178 394 21,444 31 520 12,637 1,869 81 2,558 1,204 1,388 34 6,974 200,000 12 7 460 460 17 2 | 6.8153 GBP 6.8178 GBP 6.8405 GBP 6.8631 GBP 6.8771 GBP 6.8810 GBP 6.8842 GBP 6.8877 GBP 6.8920 GBP 6.8970 GBP 6.8999 GBP 6.9017 GBP 6.9023 GBP 6.9045 GBP 6.9063 GBP 6.9080 GBP 6.9123 GBP 6.9155 GBP 6.9198 GBP 6.9212 GBP 6.9305 GBP 6.9318 GBP 6.9326 GBP 6.9333 GBP 6.9337 GBP 6.9340 GBP 6.9364 GBP 6.9380 GBP 6.9446 GBP 6.9489 GBP 6.9496 GBP 6.9511 GBP 6.9516 GBP 6.9523 GBP 6.9543 GBP 6.9559 GBP 6.9569 GBP 6.9620 GBP 6.9647 GBP 6.9659 GBP 6.9699 GBP 6.9701 GBP 6.9747 GBP 6.9765 GBP 6.9803 GBP 6.9829 GBP 6.9855 GBP 6.9869 GBP 6.9878 GBP 9.8524 USD
6.8283 GBP 6.8903 GBP 6.8920 GBP 6.9022 GBP 6.9069 GBP 6.9109 GBP 6.9171 GBP 6.9180 GBP 6.9188 GBP 6.9210 GBP 6.9224 GBP 6.9225 GBP 6.9277 GBP 6.9282 GBP 6.9284 GBP 6.9285 GBP 6.9290 GBP 6.9302 GBP 6.9318 GBP 6.9340 GBP 6.9344 GBP 6.9359 GBP 6.9364 GBP 6.9371 GBP 6.9387 GBP 6.9401 GBP 6.9419 GBP 6.9425 GBP 6.9459 GBP 6.9463 GBP 6.9470 GBP 6.9501 GBP 6.9528 GBP 6.9538 GBP 6.9556 GBP 6.9563 GBP 6.9596 GBP 6.9601 GBP 6.9642 GBP 6.9651 GBP 6.9681 GBP 6.9772 GBP 6.9777 GBP 6.9802 GBP 6.9822 GBP 6.9850 GBP 6.9867 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
|
| Date of disclosure: | 08 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