6th Apr 2022 15:37
AMENDMENT(2(a))
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: | Morgan Stanley & Co. International plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Pearson plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Pearson plc |
(d) Date dealing undertaken: | 30 March 2022 |
(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" | NO |
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 |
25p ordinary | PURCHASES | 901,261 | 7.8220 GBP | 6.8000 GBP |
25p ordinary | SALES | 1,547,926 | 7.8220 GBP | 6.8960 GBP |
ADS | PURCHASES | 17,602 | 9.8577 USD | 9.7974 USD |
ADS | SALES | 17,602 | 9.8577 USD | 9.7974 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 |
25p ordinary | CFD | increasing a long position | 52,235 | 7.2281 GBP |
25p ordinary | CFD | increasing a long position | 7,043 | 7.2409 GBP |
25p ordinary | CFD | increasing a long position | 21,731 | 7.2800 GBP |
25p ordinary | CFD | increasing a long position | 8,287 | 7.3356 GBP |
25p ordinary | CFD | increasing a long position | 3,000 | 7.3564 GBP |
25p ordinary | CFD | increasing a long position | 177,664 | 7.3627 GBP |
25p ordinary | CFD | increasing a long position | 22,336 | 7.3627 GBP |
25p ordinary | CFD | increasing a long position | 7,059 | 7.3781 GBP |
25p ordinary | CFD | increasing a long position | 29,959 | 7.3841 GBP |
25p ordinary | CFD | increasing a long position | 31,271 | 7.3920 GBP |
25p ordinary | CFD | increasing a long position | 110,716 | 7.3920 GBP |
25p ordinary | CFD | increasing a long position | 3,113 | 7.3920 GBP |
25p ordinary | CFD | increasing a long position | 16,461 | 7.3920 GBP |
25p ordinary | CFD | increasing a long position | 21,406 | 7.3920 GBP |
25p ordinary | CFD | increasing a long position | 2,562 | 7.3954 GBP |
25p ordinary | CFD | increasing a long position | 22,100 | 7.4155 GBP |
25p ordinary | CFD | increasing a long position | 1,859 | 7.4381 GBP |
25p ordinary | CFD | increasing a long position | 16 | 7.7620 GBP |
25p ordinary | CFD | increasing a long position | 1,212 | 7.8111 GBP |
25p ordinary | CFD | increasing a long position | 77 | 7.8196 GBP |
25p ordinary | CFD | increasing a long position | 447 | 7.8420 GBP |
25p ordinary | CFD | increasing a short position | 532 | 6.8000 GBP |
25p ordinary | CFD | increasing a short position | 2,500 | 6.8953 GBP |
25p ordinary | CFD | increasing a short position | 166,585 | 6.9334 GBP |
25p ordinary | CFD | increasing a short position | 4,189 | 6.9569 GBP |
25p ordinary | CFD | increasing a short position | 1,324 | 7.1974 GBP |
25p ordinary | CFD | increasing a short position | 1,592 | 7.3829 GBP |
25p ordinary | CFD | increasing a short position | 148 | 7.3840 GBP |
25p ordinary | CFD | increasing a short position | 16,948 | 7.3920 GBP |
25p ordinary | CFD | increasing a short position | 962 | 7.5681 GBP |
25p ordinary | CFD | reducing a long position | 1,859 | 6.8000 GBP |
25p ordinary | CFD | reducing a long position | 67,000 | 7.1333 GBP |
25p ordinary | CFD | reducing a long position | 2,562 | 7.2147 GBP |
25p ordinary | CFD | reducing a long position | 52,235 | 7.2360 GBP |
25p ordinary | CFD | reducing a long position | 11,477 | 7.2462 GBP |
25p ordinary | CFD | reducing a long position | 445 | 7.3203 GBP |
25p ordinary | CFD | reducing a long position | 18,916 | 7.3836 GBP |
25p ordinary | CFD | reducing a long position | 110,716 | 7.3920 GBP |
25p ordinary | CFD | reducing a long position | 20,637 | 7.3920 GBP |
25p ordinary | CFD | reducing a long position | 154 | 7.3920 GBP |
25p ordinary | CFD | reducing a long position | 3,184 | 7.3920 GBP |
25p ordinary | CFD | reducing a long position | 9,776 | 7.4845 GBP |
25p ordinary | CFD | reducing a long position | 1,212 | 7.8032 GBP |
25p ordinary | CFD | reducing a short position | 7 | 6.9171 GBP |
25p ordinary | CFD | reducing a short position | 4 | 6.9175 GBP |
25p ordinary | CFD | reducing a short position | 223 | 6.9176 GBP |
25p ordinary | CFD | reducing a short position | 82 | 6.9176 GBP |
25p ordinary | CFD | reducing a short position | 60 | 6.9177 GBP |
25p ordinary | CFD | reducing a short position | 9 | 6.9178 GBP |
25p ordinary | CFD | reducing a short position | 6 | 6.9183 GBP |
25p ordinary | CFD | reducing a short position | 6,237 | 6.9488 GBP |
25p ordinary | CFD | reducing a short position | 75,000 | 6.9881 GBP |
25p ordinary | CFD | reducing a short position | 75,000 | 6.9965 GBP |
25p ordinary | CFD | reducing a short position | 37,211 | 7.0074 GBP |
25p ordinary | CFD | reducing a short position | 24 | 7.0146 GBP |
25p ordinary | CFD | reducing a short position | 28 | 7.0146 GBP |
25p ordinary | CFD | reducing a short position | 287 | 7.0148 GBP |
25p ordinary | CFD | reducing a short position | 212 | 7.0148 GBP |
25p ordinary | CFD | reducing a short position | 784 | 7.0148 GBP |
25p ordinary | CFD | reducing a short position | 12 | 7.0150 GBP |
25p ordinary | CFD | reducing a short position | 18 | 7.0150 GBP |
25p ordinary | CFD | reducing a short position | 1,924 | 7.0274 GBP |
25p ordinary | CFD | reducing a short position | 46 | 7.0343 GBP |
25p ordinary | CFD | reducing a short position | 30 | 7.0347 GBP |
25p ordinary | CFD | reducing a short position | 728 | 7.0357 GBP |
25p ordinary | CFD | reducing a short position | 537 | 7.0359 GBP |
25p ordinary | CFD | reducing a short position | 75 | 7.0384 GBP |
25p ordinary | CFD | reducing a short position | 61 | 7.0390 GBP |
25p ordinary | CFD | reducing a short position | 382 | 7.0536 GBP |
25p ordinary | CFD | reducing a short position | 292 | 7.0544 GBP |
25p ordinary | CFD | reducing a short position | 4,583 | 7.0551 GBP |
25p ordinary | CFD | reducing a short position | 191 | 7.0555 GBP |
25p ordinary | CFD | reducing a short position | 12,512 | 7.0582 GBP |
25p ordinary | CFD | reducing a short position | 140 | 7.0917 GBP |
25p ordinary | CFD | reducing a short position | 60 | 7.0917 GBP |
25p ordinary | CFD | reducing a short position | 6 | 7.0917 GBP |
25p ordinary | CFD | reducing a short position | 44 | 7.0918 GBP |
25p ordinary | CFD | reducing a short position | 5 | 7.0920 GBP |
25p ordinary | CFD | reducing a short position | 5 | 7.0920 GBP |
25p ordinary | CFD | reducing a short position | 3 | 7.0933 GBP |
25p ordinary | CFD | reducing a short position | 579 | 7.1012 GBP |
25p ordinary | CFD | reducing a short position | 4,255 | 7.1021 GBP |
25p ordinary | CFD | reducing a short position | 1,917 | 7.1163 GBP |
25p ordinary | CFD | reducing a short position | 5,000 | 7.1177 GBP |
25p ordinary | CFD | reducing a short position | 36 | 7.1417 GBP |
25p ordinary | CFD | reducing a short position | 2,397 | 7.1433 GBP |
25p ordinary | CFD | reducing a short position | 8,562 | 7.1477 GBP |
25p ordinary | CFD | reducing a short position | 858 | 7.1506 GBP |
25p ordinary | CFD | reducing a short position | 97 | 7.1510 GBP |
25p ordinary | CFD | reducing a short position | 56 | 7.1511 GBP |
25p ordinary | CFD | reducing a short position | 708 | 7.1522 GBP |
25p ordinary | CFD | reducing a short position | 73 | 7.1555 GBP |
25p ordinary | CFD | reducing a short position | 133 | 7.1636 GBP |
25p ordinary | CFD | reducing a short position | 258 | 7.1707 GBP |
25p ordinary | CFD | reducing a short position | 3,103 | 7.1722 GBP |
25p ordinary | CFD | reducing a short position | 170 | 7.1725 GBP |
25p ordinary | CFD | reducing a short position | 71 | 7.1823 GBP |
25p ordinary | CFD | reducing a short position | 37 | 7.1830 GBP |
25p ordinary | CFD | reducing a short position | 839 | 7.1856 GBP |
25p ordinary | CFD | reducing a short position | 53 | 7.1858 GBP |
25p ordinary | CFD | reducing a short position | 10,615 | 7.1860 GBP |
25p ordinary | CFD | reducing a short position | 12,195 | 7.1875 GBP |
25p ordinary | CFD | reducing a short position | 1,019 | 7.1929 GBP |
25p ordinary | CFD | reducing a short position | 143 | 7.1983 GBP |
25p ordinary | CFD | reducing a short position | 208 | 7.2013 GBP |
25p ordinary | CFD | reducing a short position | 493 | 7.2015 GBP |
25p ordinary | CFD | reducing a short position | 3,795 | 7.2028 GBP |
25p ordinary | CFD | reducing a short position | 272 | 7.2033 GBP |
25p ordinary | CFD | reducing a short position | 243 | 7.2039 GBP |
25p ordinary | CFD | reducing a short position | 310 | 7.2046 GBP |
25p ordinary | CFD | reducing a short position | 3,665 | 7.2052 GBP |
25p ordinary | CFD | reducing a short position | 160 | 7.2053 GBP |
25p ordinary | CFD | reducing a short position | 4,197 | 7.2061 GBP |
25p ordinary | CFD | reducing a short position | 405 | 7.2067 GBP |
25p ordinary | CFD | reducing a short position | 1,324 | 7.2101 GBP |
25p ordinary | CFD | reducing a short position | 786 | 7.2257 GBP |
25p ordinary | CFD | reducing a short position | 5,814 | 7.2272 GBP |
25p ordinary | CFD | reducing a short position | 6,174 | 7.2344 GBP |
25p ordinary | CFD | reducing a short position | 840 | 7.2347 GBP |
25p ordinary | CFD | reducing a short position | 1,629 | 7.2431 GBP |
25p ordinary | CFD | reducing a short position | 139 | 7.2444 GBP |
25p ordinary | CFD | reducing a short position | 4,146 | 7.2451 GBP |
25p ordinary | CFD | reducing a short position | 106 | 7.2457 GBP |
25p ordinary | CFD | reducing a short position | 76 | 7.2474 GBP |
25p ordinary | CFD | reducing a short position | 73,396 | 7.2504 GBP |
25p ordinary | CFD | reducing a short position | 24,104 | 7.2504 GBP |
25p ordinary | CFD | reducing a short position | 1,948 | 7.2743 GBP |
25p ordinary | CFD | reducing a short position | 268 | 7.2765 GBP |
25p ordinary | CFD | reducing a short position | 2,500 | 7.2943 GBP |
25p ordinary | CFD | reducing a short position | 2,500 | 7.3016 GBP |
25p ordinary | CFD | reducing a short position | 4,189 | 7.3057 GBP |
25p ordinary | CFD | reducing a short position | 18,000 | 7.3183 GBP |
25p ordinary | CFD | reducing a short position | 70 | 7.3271 GBP |
25p ordinary | CFD | reducing a short position | 90 | 7.3276 GBP |
25p ordinary | CFD | reducing a short position | 1,077 | 7.3289 GBP |
25p ordinary | CFD | reducing a short position | 55 | 7.3307 GBP |
25p ordinary | CFD | reducing a short position | 24,274 | 7.3484 GBP |
25p ordinary | CFD | reducing a short position | 3,848 | 7.3489 GBP |
25p ordinary | CFD | reducing a short position | 3,663 | 7.3534 GBP |
25p ordinary | CFD | reducing a short position | 504 | 7.3562 GBP |
25p ordinary | CFD | reducing a short position | 2,445 | 7.3918 GBP |
25p ordinary | CFD | reducing a short position | 17,954 | 7.3918 GBP |
25p ordinary | CFD | reducing a short position | 42,682 | 7.3954 GBP |
25p ordinary | CFD | reducing a short position | 1,598 | 7.4381 GBP |
25p ordinary | CFD | reducing a short position | 166,585 | 7.5354 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 |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
N/A | N/A | N/A | N/A | N/A |
(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) |
N/A | N/A | N/A | N/A |
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: | 06 April 2022 |
| Contact name: | Craig Horsley |
| Telephone number: | +44 141 245-7736 |
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:
Pearson