12th Feb 2016 11:33
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 | Royal Dutch Shell Plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | BG Group Plc |
(d) Date dealing undertaken: | 11 February 2016 |
(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 BG Group 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 A Shares | Purchases
Sales | 787,210 1,097,523
799,863 1,629,645 | 14.5600 GBP 18.7500 EUR
14.5600 GBP 18.7350 EUR | 14.0850 GBP 18.1100 EUR
14.0650 GBP 18.0800 EUR |
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary B Shares | Purchases
Sales
| 408,772
1,016,464 | 14.5650
14.5750 | 14.0900
14.0800 |
(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 A Shares | Equity Swaps
| Long
Short
| 53,296 81,091 5,000 1,500 22,000 1,500 63 738 8,910 596 49 4,531 380 72,047 95 1,141 572 6,652 2,909 252 772 9,132 10,000 5,181 20,528 15,000 167 1,979 154,389 40,253 32,981 5,046 428 1,610 133 5,000 612 62,194 423 3,201 579 845 2,785 1,834 3,275 494 643
32,366 5,147 25,000 58,300 8,491 1,500 497 | 14.1838 GBP 14.3400 GBP 18.2394 EUR 18.2557 EUR 18.2602 EUR 18.3260 EUR 18.3422 EUR 18.3427 EUR 18.3518 EUR 18.3912 EUR 18.3922 EUR 18.4008 EUR 18.4011 EUR 18.4099 EUR 18.4286 EUR 18.4291 EUR 18.4476 EUR 18.4480 EUR 18.4750 EUR 18.4776 EUR 18.4879 EUR 18.4880 EUR 18.4991 EUR 18.5103 EUR 18.5122 EUR 18.5138 EUR 18.5372 EUR 18.5376 EUR 18.5409 EUR 18.5490 EUR 18.5775 EUR 18.5810 EUR 18.5815 EUR 18.6068 EUR 18.6081 EUR 18.6141 EUR 18.6182 EUR 18.6231 EUR 18.6281 EUR 18.6283 EUR 18.6457 EUR 18.6473 EUR 18.6580 EUR 18.6617 EUR 18.6732 EUR 18.6938 EUR 18.7031 EUR
14.1189 GBP 14.2040 GBP 14.2511 GBP 14.3527 GBP 18.3752 EUR 18.4850 EUR 18.5164 EUR |
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 B Shares | Equity Swap
| Long
Short
| 3 54 8 20 21 7 21 7,780 104,653 192 701 1,236 153,504 30 2,285 5,785 4,262 3,693 867 2,801 418 60,129 50,000 150,000
100 | 14.1859 GBP 14.2047 GBP 14.2111 GBP 14.2125 GBP 14.2127 GBP 14.2178 GBP 14.2240 GBP 14.2848 GBP 14.3076 GBP 14.3136 GBP 14.3156 GBP 14.3297 GBP 14.3299 GBP 14.3386 GBP 14.3419 GBP 14.3471 GBP 14.3487 GBP 14.3529 GBP 14.3551 GBP 14.3575 GBP 14.3783 GBP 14.3995 GBP 14.4539 GBP 14.5065 GBP
14.5105 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 (EUR) | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit (EUR) |
Ordinary A Shares |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP)
|
Ordinary A Shares |
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) |
Ordinary B Shares |
(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) (GBP) |
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: | 12 February 2016 |
| Contact name: | Tung Le |
| Telephone number: | 020 7742 7272 |
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:
RDSA.L