26th Mar 2018 17:19
AMENDMENT
INCREASED EQUITY PURCHASES BY 53,742 TO 540,448
ADDED EQUITY SWAP SALES OF 53,742
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: | 20 March 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 | 540,448
560,502 | 7.2340
7.2378 | 7.1780
7.1752 |
(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
| 27 3 34,000 4,861 7 74 7,800 56 55,876 32,320 630 75 999 8 1,456 7 1,788 1,614 16 43,743 3,402 3,610 1,413 7,134 9,472 7,930 2,513 20,150 430 1,122 493 280,563
438 699 1,013 54,187 31,358 659 1,509 2,156 9,497 48,344 625 300,000 1,487 594 43,514 452 1,651 | 7.1818 GBP 7.1842 GBP 7.1844 GBP 7.1845 GBP 7.1863 GBP 7.1878 GBP 7.1879 GBP 7.1898 GBP 7.1900 GBP 7.1902 GBP 7.1913 GBP 7.1938 GBP 7.1951 GBP 7.1973 GBP 7.1975 GBP 7.1982 GBP 7.1988 GBP 7.1997 GBP 7.2018 GBP 7.2031 GBP 7.2044 GBP 7.2046 GBP 7.2050 GBP 7.2071 GBP 7.2079 GBP 7.2083 GBP 7.2092 GBP 7.2115 GBP 7.2258 GBP 7.2298 GBP 7.2378 GBP 10.0803 USD
7.1844 GBP 7.1864 GBP 7.1883 GBP 7.1900 GBP 7.1903 GBP 7.1905 GBP 7.1911 GBP 7.1914 GBP 7.1917 GBP 7.1923 GBP 7.1998 GBP 7.2000 GBP 7.2032 GBP 7.2051 GBP 7.2093 GBP 7.2142 GBP 7.2260 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: | 26 March 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