15th May 2018 17:38
AMENDMENT
INCREASED EQUITY PURCHASES BY 11,200 TO 4,105,672
INCREASED EQUITY SALES BY 51,092 TO 4,333,056
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: | 08 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 | 4,105,672
4,333,056 | 41.3033
41.0096 | 39.6600
39.6600 |
(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
| 1,273 1,574 25,000 25,000 25,000 3,976 9,041 9,793 4,520 4,155 4,584 393 25,255 2,786 25,000 494 1,146 495 28,860 1,711 3,449 36,526 33,726 396 317 168,000
2,040 17,960 500 6,313 100 639 1,720 53,124 3,246 6,978 3,223 1,162 3,589 37,179 11,886 8,703 48,396 60,455 108 73 8,850 60,200 | 39.9409 GBP 39.9698 GBP 39.9947 GBP 39.9997 GBP 40.0062 GBP 40.0338 GBP 40.0377 GBP 40.0426 GBP 40.0484 GBP 40.0606 GBP 40.0621 GBP 40.0926 GBP 40.0946 GBP 40.1347 GBP 40.1483 GBP 40.2021 GBP 40.2094 GBP 40.2119 GBP 40.2268 GBP 40.2780 GBP 40.3033 GBP 40.3448 GBP 40.3450 GBP 40.3860 GBP 40.4173 GBP 40.6750 GBP
39.8295 GBP 39.8299 GBP 40.0262 GBP 40.0301 GBP 40.0347 GBP 40.0830 GBP 40.0857 GBP 40.0861 GBP 40.1558 GBP 40.2121 GBP 40.2263 GBP 40.2291 GBP 40.2910 GBP 40.3312 GBP 40.3447 GBP 40.3450 GBP 40.3468 GBP 40.3495 GBP 40.3525 GBP 40.5241 GBP 40.6872 GBP 54.1491 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 | Purchasing Selling | 500 250 | 42.00 40.00 | American American | 20/07/2018 20/07/2018 | 0.96 2.23 |
(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: | 15 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