13th Nov 2018 16:33
AMENDMENT
INCREASED EQUITY PURCHASES BY 8,877 TO 575,162
INCREASED EQUITY SALES BY 900 TO 502,467
ADDED EQUITY SWAP PURCHASES OF 24,752
ADDED EQUITY SWAP SALES OF 33,629
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 | Shire plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Joint Financial Adviser to Takeda Pharmaceutical Company Limited |
(d) Date dealing undertaken: | 06 November 2018 |
(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, Takeda Pharmaceutical Company Limited
|
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 (GBP) | Lowest price per unit paid/received (GBP)
|
Ordinary Shares | Purchases
Sales | 575,162
502,467 | 45.8729
45.7775 | 45.3450
45.3150 |
(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 Shares | Equity Swaps
| Long
Short
| 127 74,256 7,747 3,217 568 1,047 4,394 78 291 1,589 20,181 10,765 742 539 7,899 599 2 2,756
106,504 6,239 68 68 763 5,100 4,000 4,724 1,239 4,269 1,354 395 46,310 47 3,499 5,496 194 1,986 1,979 127 5,777 3,100 | 45.3438 GBP 45.3500 GBP 45.3761 GBP 45.4485 GBP 45.4689 GBP 45.4957 GBP 45.5015 GBP 45.5273 GBP 45.5387 GBP 45.5543 GBP 45.5781 GBP 45.5843 GBP 45.5885 GBP 45.5942 GBP 45.6012 GBP 45.6023 GBP 45.7275 GBP 45.7623 GBP
45.3500 GBP 45.3520 GBP 45.3839 GBP 45.3989 GBP 45.4082 GBP 45.4090 GBP 45.4104 GBP 45.4354 GBP 45.4444 GBP 45.4756 GBP 45.5069 GBP 45.5091 GBP 45.5119 GBP 45.5151 GBP 45.5262 GBP 45.5277 GBP 45.5449 GBP 45.5497 GBP 45.5518 GBP 45.5550 GBP 59.6638 USD 59.7174 USD |
(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 (GBP) | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit (GBP) |
Ordinary Shares | Call Option Call Option Call Option Put Option Put Option | Selling Selling Selling Selling Selling | 100 1,000 1,000 1,000 1,000 | 48.00 48.00 48.00 48.00 48.00 | American American American American American | 21/12/2018 21/12/2018 21/12/2018 21/12/2018 21/12/2018 | 0.82 0.82 0.83 3.22 3.15 |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) |
(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: | 13 November 2018 |
| 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:
Shire