24th Feb 2020 10:52
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 | NMC Health plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker & Financial Adviser to NMC Health. |
(d) Date dealing undertaken: | 21 February 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 | 297,778
598,678 | 8.7220 GBP
8.7140 GBP | 8.2662 GBP
8.2580 GBP |
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
Convertible Bond | Purchase
Sale | 3,200,000
2,000,000 | 72.3750 USD
70.2500 USD | 69.7500 USD
70.2500 USD |
(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
| 182 100 649 366 149 123,305 23,880 9,356 16,999 1,327 2,605 1,091 230,250 6,455 33,404 12,500 59,040 4,799 1,033 12,600 718 173
95 4,910 822 751 3,277 839 187 1,800 13,007 12,678 82,459 6,544 19,518 9,031 200 66 1,006 9,333 359 | 8.3075 GBP 8.3400 GBP 8.4074 GBP 8.4978 GBP 8.5304 GBP 8.5318 GBP 8.5419 GBP 8.5469 GBP 8.5516 GBP 8.5520 GBP 8.5537 GBP 8.5548 GBP 8.5560 GBP 8.5632 GBP 8.5752 GBP 8.5769 GBP 8.5953 GBP 8.6070 GBP 8.6096 GBP 8.6517 GBP 8.6592 GBP 8.6780 GBP
8.2720 GBP 8.3774 GBP 8.4533 GBP 8.4845 GBP 8.4909 GBP 8.5000 GBP 8.5020 GBP 8.5045 GBP 8.5359 GBP 8.5491 GBP 8.5520 GBP 8.5594 GBP 8.5817 GBP 8.5827 GBP 8.5970 GBP 8.6125 GBP 8.6302 GBP 8.6599 GBP 8.6643 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 February 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:
NMC.L