12th Aug 2021 11:24
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 | Meggitt plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | financial advisor to TransDigm Group Incorporated |
(d) Date dealing undertaken: | 11 August 2021 |
(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 |
5p ordinary | Purchase
Sale | 9,812,801
5,863,864 | 8.4540 GBP
8.4590 GBP | 7.1200 GBP
7.1400 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 |
5p ordinary | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a Long Position
Opening a Short Position
| 2,171 12,763 24,876 1,430 2,405 5,262
10,842 50,051 18,100 177,804 33,267 426,800 153
10,583 2,063 5,706 68 6,977 1,384
40,755 20,053 6,910 4,276 3,115 7,914 18,478 350,000 14,862 505,000 1,500,000 384 18,368 4,317 1,222,500 32,833 2,374 876,000 426,800 1,144,646 250,000 150,000 250,000
491 351 29,278 511 1,209 7,483 1,729 1,080 6,162 6,209 11,015 24,010 43,451 2,461 594 471,521 4,226 38,314
6,664 124 4,846 1,188 2,688 1,290 33 27,026 11,771 280 280 17,051 109,994 2,164 877 2,355 1,714 | 7.1507 GBP 7.1683 GBP 7.1727 GBP 7.1778 GBP 7.3890 GBP 7.9720 GBP
7.1707 GBP 7.5539 GBP 8.2876 GBP 8.2886 GBP 8.3895 GBP 8.4329 GBP 8.4583 GBP
7.1739 GBP 7.1823 GBP 7.4260 GBP 7.5329 GBP 8.3267 GBP 8.3950 GBP
7.1742 GBP 7.1763 GBP 7.1802 GBP 7.1824 GBP 7.1863 GBP 7.2086 GBP 7.2108 GBP 7.4428 GBP 7.5309 GBP 7.5918 GBP 8.1516 GBP 8.1568 GBP 8.2033 GBP 8.2542 GBP 8.2562 GBP 8.3002 GBP 8.3132 GBP 8.3335 GBP 8.3459 GBP 8.3618 GBP 8.3837 GBP 8.4371 GBP 8.4401 GBP
7.1485 GBP 7.1588 GBP 7.1650 GBP 7.1682 GBP 7.1736 GBP 7.1795 GBP 7.1958 GBP 7.3963 GBP 7.5975 GBP 7.8822 GBP 7.9674 GBP 7.9931 GBP 7.9982 GBP 8.0634 GBP 8.1408 GBP 8.2203 GBP 8.2996 GBP 8.3000 GBP
7.1576 GBP 7.1620 GBP 7.1624 GBP 7.1699 GBP 7.1705 GBP 7.1740 GBP 7.1980 GBP 7.5184 GBP 7.5247 GBP 7.6297 GBP 8.1800 GBP 8.2590 GBP 8.3000 GBP 8.3550 GBP 8.4140 GBP 8.4364 GBP 8.4523 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: | 12 August 2021 |
| 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:
MGGT.L