12th Oct 2026 11:38
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 | RHI Magnesita N.V. |
(c) Name of the party to the offer with which exempt principal trader is connected: | Financial adviser and corporate broker to Vesuvius Plc |
(d) Date dealing undertaken: | 09 October 2026 |
(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, Vesuvius 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 |
EUR 1 ordinary | Purchase | 8,486 | 28.7500 GBP | 27.0500 GBP |
| 3 | 33.8000 EUR | 33.8000 EUR | |
| Sale | 12,239 | 28.8500 GBP | 27.0500 GBP | |
| 288 | 33.8000 EUR | 33.5302 EUR |
(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 |
EUR 1 ordinary | Equity Swap | Decrease Long | 58 | 28.1694 GBP |
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| 95 | 28.3066 GBP | |
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| 29 | 28.5004 GBP | |
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| 253 | 28.6020 GBP | |
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| 47 | 28.6129 GBP | |
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| 779 | 28.6159 GBP | |
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| 2,409 | 28.7000 GBP | |
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| 157 | 28.7013 GBP | |
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| 32 | 28.7021 GBP | |
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| 3 | 33.8000 EUR | |
Increase Long | 30 | 28.4997 GBP | ||
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| 449 | 28.5360 GBP | |
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| 63 | 28.5491 GBP | |
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| 52 | 28.6295 GBP | |
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| 433 | 28.6775 GBP | |
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| 444 | 28.6979 GBP | |
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| 2,152 | 28.7000 GBP | |
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| 41 | 28.7466 GBP | |
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| 268 | 33.5302 EUR | |
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| 17 | 33.6916 EUR | |
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| 3 | 33.8000 EUR | |
Increase Short | 12 | 28.7029 GBP | ||
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| 2 | 28.7529 GBP | |
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| 2 | 28.8925 GBP | |
Opening a long position | 4,200 | 28.4096 GBP | ||
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| 4,200 | 28.6219 GBP | |
Opening a short position | 4,200 | 28.4096 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 |
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(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
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(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) |
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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
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(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
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| Date of disclosure: | 12 October 2026 |
| Contact name: | Natasha Mondon |
| Telephone number: | 01202 325175 |
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:
RHI Magnesita