26th Sep 2018 17:06
AMENDMENT
INCREASED EQUITY PURCHASES BY 8,766 TO 673,214
ADDED EQUITY SWAP SALES OF 8,766
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: | 21 September 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 | 673,214
227,604 | 45.6930
45.6900 | 45.0450
45.1686 |
(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
| 154 14,765 12,480 357 5,000 1,615 5,469 10,662 240 308 70 93 239 35,499 928 1,658 8,113 98
1,163 88 5,459 60 167 168 36,305 338 1,072 8,271 361 6,229 4,087 207 1,803 38,827 16,384 5,178 3,100 | 45.2214 GBP 45.2252 GBP 45.2482 GBP 45.2491 GBP 45.2500 GBP 45.2559 GBP 45.2602 GBP 45.2687 GBP 45.2738 GBP 45.2850 GBP 45.2856 GBP 45.2873 GBP 45.2930 GBP 45.2999 GBP 45.4012 GBP 45.6429 GBP 45.6898 GBP 45.6900 GBP
44.9952 GBP 45.2378 GBP 45.2769 GBP 45.3761 GBP 45.4034 GBP 45.4089 GBP 45.4228 GBP 45.4491 GBP 45.4553 GBP 45.4875 GBP 45.4979 GBP 45.5025 GBP 45.5054 GBP 45.5092 GBP 45.5266 GBP 45.6900 GBP 45.6921 GBP 45.6930 GBP 59.4461 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 | Selling
| 454,000 | 42.00 | American | 21/09/2018 | 3.25 |
(ii) Exercise
| Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) |
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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) (GBP) |
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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
|
(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: | 26 September 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