15th Jan 2021 11:28
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: | 07 January 2021 |
(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 | 2,007,715 1,470,381 | 4.2590 GBP 4.2720 GBP | 4.0000 GBP 3.9810 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
Decrease Short
Increase Short
Increase Long
| 9,440 1,421 544 1,799 45 13,276 21,977 332,725 10,644 18,163 55,000 24,000
10,163 55,000 4,061 1,494 4,533 679 2,704 24,000 138,424 3,481 224,696 18,369 90,000
2,359 45 162,155 2,348 815
799 1,698 1,216 31,500 40,000 13,191
6,050 100,000 5,088 1,216 8,500 95,500 27,200
1,793 24,075 3,188 696 624 2 | 4.0992 GBP 4.1066 GBP 4.1099 GBP 4.1134 GBP 4.1168 GBP 4.1606 GBP 4.1733 GBP 4.1790 GBP 4.1942 GBP 4.1943 GBP 4.2292 GBP 4.2742 GBP
4.0935 GBP 4.1035 GBP 4.1048 GBP 4.1053 GBP 4.1080 GBP 4.1135 GBP 4.1152 GBP 4.1194 GBP 4.1207 GBP 4.1462 GBP 4.1790 GBP 4.1792 GBP 5.5930 GBP
4.1113 GBP 4.1131 GBP 4.1284 GBP 4.1790 GBP 4.1793 GBP
4.1088 GBP 4.1093 GBP 4.1770 GBP 4.1916 GBP 4.2083 GBP 5.5738 GBP
4.0699 GBP 4.0818 GBP 4.1154 GBP 4.1550 GBP 4.1811 GBP 5.6796 GBP 5.6978 GBP
4.0600 GBP 4.0823 GBP 4.1047 GBP 4.1074 GBP 4.1190 GBP 4.1425 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 |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
|
(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) |
|
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 January 2021 |
| 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