30th May 2018 16:32
AMENDMENT
INCREASED EQUITY SALES BY 4,851 TO 1,023,753
ADDED EQUITY SWAP PURCHASES OF 4,851
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: | 22 May 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 | 1,199,947
1,023,753 | 42.3650
42.3750 | 41.9000
41.9000 |
(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
| 1,820 383 37,745 295 30 71 16,260 111 33,404 2,608 1,605 219 516 2,868 5,158 683 4,413 438
417 3,865 4,626 1,085 1,166 689 15,808 23,361 12,894 102 41,705 1,343 1,366 17,254 3,180 662 1,326 483 24,357 12,527 9,525 15,339 22,003 894 404 | 42.0917 GBP 42.1382 GBP 42.1658 GBP 42.1837 GBP 42.1850 GBP 42.1937 GBP 42.2314 GBP 42.2425 GBP 42.2562 GBP 42.2647 GBP 42.2710 GBP 42.2865 GBP 42.2999 GBP 42.3035 GBP 42.3096 GBP 42.3108 GBP 56.6192 USD 56.6193 USD
41.9002 GBP 42.0854 GBP 42.0916 GBP 42.1262 GBP 42.1384 GBP 42.1628 GBP 42.1789 GBP 42.1850 GBP 42.1869 GBP 42.2671 GBP 42.2691 GBP 42.2803 GBP 42.2820 GBP 42.2840 GBP 42.2853 GBP 42.2862 GBP 42.2869 GBP 42.2915 GBP 42.2948 GBP 42.2985 GBP 42.3009 GBP 42.3034 GBP 42.3038 GBP 42.3092 GBP 42.3182 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 (GBP) | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit (GBP) |
Ordinary Shares | Put Option | Purchasing | 146 | 42.00 | American | 15/06/2018 | 0.60 |
(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: | 30 May 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