23rd Feb 2018 10:56
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: | UBS Investment Bank, London |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Melrose Industries plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | GKN Plc |
(d) Date dealing undertaken: | 22 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" | YES GKN Plc |
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 |
48/7p ordinary | Buy
| 1975040 | 2.27500 GBP | 2.23901 GBP |
48/7p ordinary | Sell
| 2175892 | 2.27500 GBP | 2.23900 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 |
48/7p ordinary | CFD
| Long | 48000 | 2.25956791666667 GBP |
48/7p ordinary | CFD
| Long | 20428 | 2.2485289798316 GBP |
48/7p ordinary | CFD
| Long | 1507 | 2.24771068347711 GBP |
48/7p ordinary | CFD
| Long | 48349 | 2.254884 GBP |
48/7p ordinary | CFD
| Long | 4510 | 2.25554988913525 GBP |
48/7p ordinary | CFD
| Long | 6000 | 2.245 GBP |
48/7p ordinary | CFD
| Long | 901954 | 2.263 GBP |
48/7p ordinary | CFD
| Long | 2400 | 2.263333 GBP |
48/7p ordinary | CFD
| Long | 800 | 2.257 GBP |
48/7p ordinary | CFD
| Long | 4410 | 2.265088 GBP |
48/7p ordinary | CFD
| Long | 179999 | 2.243953 GBP |
48/7p ordinary | CFD
| Long | 18148 | 2.24573121005069 GBP |
48/7p ordinary | CFD
| Long | 47615 | 2.24818145542371 GBP |
48/7p ordinary | CFD
| Long | 66000 | 2.25808833333333 GBP |
48/7p ordinary | CFD
| Long | 51212 | 2.24887877841131 GBP |
48/7p ordinary | CFD
| Long | 1025 | 2.25093658536585 GBP |
48/7p ordinary | CFD
| Long | 8995 | 2.25144080044469 GBP |
48/7p ordinary | CFD
| Long | 13220 | 2.24956127080182 GBP |
48/7p ordinary | CFD
| Long | 7296 | 2.25246847587719 GBP |
48/7p ordinary | CFD
| Long | 1489 | 2.25034922766958 GBP |
48/7p ordinary | CFD
| Long | 33335 | 2.24841127943603 GBP |
48/7p ordinary | CFD
| Long | 34730 | 2.24720155485171 GBP |
48/7p ordinary | CFD
| Short | 7700 | 2.256402 GBP |
48/7p ordinary | CFD
| Short | 224920 | 2.26976752 GBP |
48/7p ordinary | CFD
| Short | 901954 | 2.263 GBP |
48/7p ordinary | CFD
| Short | 38300 | 2.253441 GBP |
48/7p ordinary | CFD
| Short | 335131 | 2.258083 GBP |
48/7p ordinary | CFD
| Short | 6939 | 2.259164 GBP |
48/7p ordinary | CFD
| Short | 34623 | 2.248462 GBP |
48/7p ordinary | CFD
| Short | 34043 | 2.250435 GBP |
48/7p ordinary | CFD
| Short | 3500 | 2.2508 GBP |
48/7p ordinary | CFD
| Short | 9806 | 2.250696 GBP |
48/7p ordinary | CFD
| Short | 203 | 2.2524 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 February 2018 |
| Contact name: | Wendy Dent |
| Telephone number: | +44 (0)207 568 1245 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]
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:
Melrose