23rd Mar 2026 11:32
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: | UBS Investment Bank, London |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Senior plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Advent International Limited plc |
(d) Date dealing undertaken: | 20 March 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" | NO
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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 |
10p ordinary | Buy
| 752155 | 2.72000 GBP | 2.66000 GBP |
10p ordinary | Sell
| 1734521 | 2.70616 GBP | 2.65500 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 |
10p ordinary | CFD
| Long | 457945 | 2.66962148 GBP |
10p ordinary | CFD
| Long | 294059 | 2.669199 GBP |
10p ordinary | CFD
| Long | 30005 | 2.659867 GBP |
10p ordinary | CFD
| Long | 3669 | 2.659866 GBP |
10p ordinary | CFD
| Long | 12745 | 2.66 GBP |
10p ordinary | CFD
| Long | 9695 | 2.66589449 GBP |
10p ordinary | CFD
| Long | 571 | 2.66094 GBP |
10p ordinary | CFD
| Long | 2178 | 2.706162 GBP |
10p ordinary | CFD
| Long | 87 | 2.67528736 GBP |
10p ordinary | CFD
| Long | 3204 | 2.663539 GBP |
10p ordinary | CFD
| Long | 6199 | 2.68110271 GBP |
10p ordinary | CFD
| Long | 45304 | 2.6599601 GBP |
10p ordinary | CFD
| Long | 21637 | 2.68504183 GBP |
10p ordinary | CFD
| Long | 18063 | 2.67746775 GBP |
10p ordinary | CFD
| Long | 14316 | 2.66669518 GBP |
10p ordinary | CFD
| Long | 11057 | 2.66244551 GBP |
10p ordinary | CFD
| Long | 110500 | 2.675 GBP |
10p ordinary | CFD
| Long | 130428 | 2.664341 GBP |
10p ordinary | CFD
| Long | 13293 | 2.6688 GBP |
10p ordinary | CFD
| Long | 63 | 2.66092 GBP |
10p ordinary | CFD
| Long | 261 | 2.660935 GBP |
10p ordinary | CFD
| Long | 11237 | 2.67499955504138 GBP |
10p ordinary | CFD
| Long | 32599 | 2.661038 GBP |
10p ordinary | CFD
| Long | 461 | 2.67092191236443 GBP |
10p ordinary | CFD
| Long | 62124 | 2.66162038820311 GBP |
10p ordinary | CFD
| Long | 1260 | 2.66582936454762 GBP |
10p ordinary | CFD
| Long | 3048 | 2.67020002 GBP |
10p ordinary | CFD
| Long | 2479 | 2.683685 GBP |
10p ordinary | CFD
| Long | 837 | 2.67060006 GBP |
10p ordinary | CFD
| Long | 7431 | 2.668966 GBP |
10p ordinary | CFD
| Long | 1334 | 2.677745 GBP |
10p ordinary | CFD
| Short | 36 | 2.71 GBP |
10p ordinary | CFD
| Short | 1150 | 2.6601 GBP |
10p ordinary | CFD
| Short | 250000 | 2.674404 GBP |
10p ordinary | CFD
| Short | 900 | 2.67568888888889 GBP |
10p ordinary | CFD
| Short | 2432 | 2.66 GBP |
10p ordinary | CFD
| Short | 11716 | 2.660133 GBP |
10p ordinary | CFD
| Short | 31 | 2.68258064 GBP |
10p ordinary | CFD
| Short | 6306 | 2.6600399 GBP |
10p ordinary | CFD
| Short | 6003 | 2.678283 GBP |
10p ordinary | CFD
| Short | 5929 | 2.66026649 GBP |
10p ordinary | CFD
| Short | 9255 | 2.68152377 GBP |
10p ordinary | CFD
| Short | 121737 | 2.67499995892785 GBP |
10p ordinary | CFD
| Short | 4569 | 2.6818757 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 |
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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 |
| Date of disclosure: | 23 March 2026 |
| Contact name: | Richard Howard |
| Telephone number: | +44 (0)207 568 9128 |
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:
Senior