2nd Feb 2018 17:58
AMENDMENT
INCREASED EQUITY PURCHASES BY 79,138 TO 568,502
INCREASED EQUITY SALES BY 286,299 TO 634,852
ADDED EQUITY SWAP PURCHASES OF 286,299
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 | IWG plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Defence Advisor to IWG 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" | 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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares | Purchases
Sales | 568,502
634,852 | 2.7540
2.7462 | 2.6990
2.6990 |
(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
| 9,969 52,580 1,762 53,112 286,299 15,678 3,690 159,445 3,325 21,776 6,718 2,596 917 1,061 1,036
21 33,222 1,264 38 80,129 13,321 66,859 6,117 1,061 14,364 3,576 6,329 1,482 18,436 1,073 3,696 29,777 31,453 64,329 1,229 970 318 33,930 773 612 1,265 2,277 1,525 35,871 308 3,957 316 91,061 | 2.6989 GBP 2.6990 GBP 2.7129 GBP 2.7179 GBP 2.7182 GBP 2.7286 GBP 2.7299 GBP 2.7300 GBP 2.7317 GBP 2.7354 GBP 2.7365 GBP 2.7369 GBP 2.7427 GBP 2.7439 GBP 2.7449 GBP
2.6990 GBP 2.6991 GBP 2.7068 GBP 2.7117 GBP 2.7150 GBP 2.7178 GBP 2.7181 GBP 2.7187 GBP 2.7207 GBP 2.7218 GBP 2.7231 GBP 2.7256 GBP 2.7260 GBP 2.7263 GBP 2.7266 GBP 2.7288 GBP 2.7289 GBP 2.7291 GBP 2.7306 GBP 2.7320 GBP 2.7321 GBP 2.7325 GBP 2.7341 GBP 2.7363 GBP 2.7381 GBP 2.7390 GBP 2.7394 GBP 2.7406 GBP 2.7413 GBP 2.7415 GBP 2.7450 GBP 2.7506 GBP 3.8523 USD |
(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) |
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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
|
(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: | 02 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:
IWG