2nd Feb 2018 10:33
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: | 01 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" | 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 | 849,470
2,518,771 | 2.6830
2.6830 | 2.0600
2.0520 |
(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
| 875 3,730 81,106 1,646 2,625 3,284 2,581 3,304 6,107 12,879 3,981 7,210 10,576 16,841 5,466 151 8,642 1,649 7,783 1,180 1,896 64,022 88,621 102,297 6,381 10,363 48 805 33,348 7,107 11,491 1,461 274 77 235 271,000 90 75,184 3,904 1,550 4,064 337 83,495 37,274 3,002 10,987 500 1,668 1,914
136 35,020 83 40,913 329 528 79,306 25,433 105,568 10,166 16,858 95,821 13,283 8,000 4,325 37,354 24,001 1,980 1,225 104,553 460 51 67,876 10 2,896 1,993 2,126 25,844 591 5,577 5,073 2,628 3,252 3,883 2,920 | 2.1145 2.1175 2.1329 2.1399 2.1420 2.1561 2.1588 2.1685 2.1698 2.1807 2.1815 2.1822 2.1849 2.1851 2.1911 2.1913 2.1914 2.1916 2.1934 2.1948 2.1949 2.1953 2.1954 2.1955 2.1967 2.1972 2.1988 2.2009 2.2030 2.2043 2.2044 2.2059 2.2086 2.2100 2.2105 2.2164 2.2166 2.2437 2.2609 2.2730 2.2814 2.3025 2.3042 2.3811 2.5921 2.6140 2.6385 2.6390 2.6399
2.1165 2.1175 2.1255 2.1325 2.1689 2.1703 2.1911 2.1960 2.2389 2.2491 2.2604 2.2805 2.2900 2.3683 2.3708 2.3976 2.4403 2.4499 2.4509 2.5678 2.6388 2.6406 2.6463 2.6473 2.6478 2.6588 2.6614 2.6651 2.6693 2.6705 2.6711 2.6725 2.6731 2.6741 2.6776 |
(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: | 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