29th Dec 2020 16:03
AMENDMENT
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 | Signature Aviation PLC |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker and Defence Adviser to Signature Aviation PLC |
(d) Date dealing undertaken: | 21 December 2020 |
(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" | N/A |
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 |
Ordinary Share | Purchase Sale | 4,624,995 5,459,283 | 3.7640 GBP 3.7650 GBP | 3.7019 GBP 3.6662 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 |
Ordinary Share | Equity Swap | Opening a long position
Opening a short position
Decrease Long
Increase Long
Increase Short
Decrease Short
| 18,678
100,000 18,678 250,000 65,000 19,000 298,700
843 11,056 2,641 230,944 40,110 1,630 12 1,888 22,326 5,458 12,224 2,505 109,251 761,264 5,097 1,103 1,821 3,600 901 3,398
1,512 6,290 95,627 30,693 182,208 4,922 54,500 11,669 1,156 839 4 1,502 9,392 1,767 157 363 365
3,586 7,592
56,539 30,171 3,500 74,938 2,500 20,000 50,000 30,000 | 3.7291 GBP
3.7019 GBP 3.7189 GBP 3.7239 GBP 3.7319 GBP 3.7469 GBP 4.9513 GBP
3.7181 GBP 3.7204 GBP 3.7234 GBP 3.7310 GBP 3.7312 GBP 3.7353 GBP 3.7361 GBP 3.7374 GBP 3.7381 GBP 3.7397 GBP 3.7400 GBP 3.7409 GBP 3.7414 GBP 3.7415 GBP 3.7420 GBP 3.7435 GBP 3.7450 GBP 3.7467 GBP 3.7479 GBP 3.7508 GBP
3.7200 GBP 3.7309 GBP 3.7310 GBP 3.7341 GBP 3.7349 GBP 3.7367 GBP 3.7375 GBP 3.7378 GBP 3.7380 GBP 3.7392 GBP 3.7398 GBP 3.7430 GBP 3.7438 GBP 3.7462 GBP 3.7492 GBP 3.7510 GBP 3.7560 GBP
3.7324 GBP 3.7345 GBP
3.7302 GBP 3.7333 GBP 3.7341 GBP 3.7353 GBP 3.7368 GBP 4.9633 GBP 4.9650 GBP 4.9846 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 |
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(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
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| Date of disclosure: | 29 December 2020 |
| 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:
SIG.L