23rd Dec 2020 11:19
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 | Signature Aviation PLC |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker and Defence Adviser to Signature Aviation PLC |
(d) Date dealing undertaken: | 22 December 2020 |
(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 | Lowest price per unit paid/received |
Ordinary Share | Purchase
Sale | 2,006,314
1,987,313 | 3.9950 GBP
3.9975 GBP | 3.7010 GBP
3.7040 GBP |
(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 Share | Equity Swap | Decrease Short
Increase Short
Decrease Long
Opening a short position
Increase Long
Opening a long position
| 8,686 6,293 36,980 35,626 12,694 8,000 1,234 38,102 7,500 3,049 94,095 6,001 185,052 335
7,200 8,500 613 18,194 4,165 3,460 1,654 2,760 266 983 26,325 803 2,507 84 580 7,546 252 4,159 1,776 140 22,581 1,012 2,925 16,800 1,507 29,250
441 10,526 3,568 401 303,675 884 829 14,326 214,339 2,175 2,620 1,864 15,323 1,558 3,254 210 1,364 494 219,692 41,753
8 100 8 15,000 9 17
199 2,475 300 1,762 13,794 6,011 9,429 31,801 4,704 5,234 266,252
2,274 167,548 40,000 12,200 3,022 | 3.7147 GBP 3.7148 GBP 3.7825 GBP 3.8007 GBP 3.8218 GBP 3.8938 GBP 3.9471 GBP 3.9477 GBP 3.9478 GBP 3.9506 GBP 3.9512 GBP 3.9698 GBP 3.9704 GBP 3.9747 GBP
3.8492 GBP 3.8549 GBP 3.9366 GBP 3.9367 GBP 3.9386 GBP 3.9444 GBP 3.9446 GBP 3.9447 GBP 3.9448 GBP 3.9460 GBP 3.9484 GBP 3.9490 GBP 3.9518 GBP 3.9519 GBP 3.9530 GBP 3.9541 GBP 3.9542 GBP 3.9552 GBP 3.9554 GBP 3.9555 GBP 3.9559 GBP 3.9583 GBP 3.9624 GBP 3.9711 GBP 3.9718 GBP 5.1977 GBP
3.7060 GBP 3.7185 GBP 3.7189 GBP 3.7190 GBP 3.7228 GBP 3.7235 GBP 3.7311 GBP 3.7341 GBP 3.8261 GBP 3.8425 GBP 3.8525 GBP 3.8654 GBP 3.8923 GBP 3.8991 GBP 3.9033 GBP 3.9403 GBP 3.9543 GBP 3.9650 GBP 3.9710 GBP 3.9712 GBP
3.7261 GBP 3.7345 GBP 3.7441 GBP 3.8006 GBP 3.9531 GBP 3.9711 GBP
3.7212 GBP 3.7218 GBP 3.7300 GBP 3.7680 GBP 3.8103 GBP 3.8224 GBP 3.8558 GBP 3.8588 GBP 3.8928 GBP 3.9246 GBP 3.9710 GBP
3.8177 GBP 3.8456 GBP 3.8523 GBP 3.9392 GBP 3.9698 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 | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
|
(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) |
|
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: | 23 December 2020 |
| 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:
SIG.L