24th Oct 2019 11:11
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 | Just Eat plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Financial adviser to Prosus and MIH |
(d) Date dealing undertaken: | 23 October 2019 |
(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 Share | Purchase
Sale | 5,066,064
5,370,022 | 7.4800
7.4780 | 7.3208
7.3320 |
(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 | Long
Short
| 2,477 3,314 525 87 50 478 1,817 2,168 163,000 277,376 14,129 39,192 72 11,408 186 19,358 579,290 264 283 102 1,000 58 5,230 10,171 53,964 10,740 14,972 12,398 20,855 506 3,439 178 4,446 7,378 22,233 58 11,346
162,400 106,271 14,360 9,612 2,908 2,287 714 307 704 179 372 573 548 411 605 517 8 2,150 229 3,177 9,783 8,351 23,543 30,000 7,681 1,465 2,210 21,526 107,000 7,500 200,000 256,109 | 7.3611 GBP 7.3781 GBP 7.3858 GBP 7.3943 GBP 7.3999 GBP 7.4055 GBP 7.4081 GBP 7.4120 GBP 7.4129 GBP 7.4138 GBP 7.4164 GBP 7.4185 GBP 7.4217 GBP 7.4221 GBP 7.4245 GBP 7.4248 GBP 7.4287 GBP 7.4288 GBP 7.4294 GBP 7.4312 GBP 7.4320 GBP 7.4333 GBP 7.4349 GBP 7.4357 GBP 7.4366 GBP 7.4368 GBP 7.4434 GBP 7.4478 GBP 7.4479 GBP 7.4518 GBP 7.4519 GBP 7.4525 GBP 7.4575 GBP 7.4614 GBP 7.4616 GBP 7.4619 GBP 7.4620 GBP
7.3206 GBP 7.3244 GBP 7.3326 GBP 7.3560 GBP 7.3753 GBP 7.3794 GBP 7.3799 GBP 7.3827 GBP 7.3830 GBP 7.3842 GBP 7.3843 GBP 7.3849 GBP 7.3850 GBP 7.3861 GBP 7.3906 GBP 7.3942 GBP 7.3952 GBP 7.3965 GBP 7.4000 GBP 7.4003 GBP 7.4064 GBP 7.4154 GBP 7.4238 GBP 7.4249 GBP 7.4291 GBP 7.4316 GBP 7.4334 GBP 7.4366 GBP 7.4530 GBP 7.4536 GBP 7.4545 GBP 7.4620 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 |
Ordinary Share |
(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: | 24 October 2019 |
| 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:
Just Eat