15th Mar 2019 10:37
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 | Provident Financial plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Joint Financial Adviser and Corporate Broker to Provident Financial PLC |
(d) Date dealing undertaken: | 14 March 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" | Yes, Non-Standard Finance 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 |
Ordinary Share
| Purchase
Sale | 277,878
218,216 | 5.7580 GBP
5.7540 GBP | 5.5820 GBP
5.5920 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 | Long
Short
| 1,821 8,484 38,215 5,631 2,880 5,706 949 7,607 29,580 830 472
7,987 1,821 61,722 8,484 1,109 1,920 38,215 73 57 485 2,330 409 2,262 1,154 2,751 2,994 1,314 9,986 280 12,445 1,132 47 1,446 241 158 2,044 718 120 694 123 5,517 420 663 379 1,258 826 754 | 5.6080 GBP 5.6100 GBP 5.6140 GBP 5.6597 GBP 5.6846 GBP 5.6889 GBP 5.6921 GBP 5.7077 GBP 5.7080 GBP 5.7108 GBP 5.7116 GBP
5.5700 GBP 5.6080 GBP 5.6094 GBP 5.6100 GBP 5.6110 GBP 5.6121 GBP 5.6140 GBP 5.6161 GBP 5.6217 GBP 5.6440 GBP 5.6517 GBP 5.6571 GBP 5.6572 GBP 5.6609 GBP 5.6690 GBP 5.6692 GBP 5.6745 GBP 5.6797 GBP 5.6800 GBP 5.6833 GBP 5.6843 GBP 5.6856 GBP 5.6877 GBP 5.6933 GBP 5.6950 GBP 5.6964 GBP 5.6988 GBP 5.7001 GBP 5.7039 GBP 5.7046 GBP 5.7082 GBP 5.7088 GBP 5.7089 GBP 5.7093 GBP 5.7098 GBP 5.7141 GBP 5.7206 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" |
|
(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" |
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| Date of disclosure: | 15 March 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:
PFG.L