15th Jan 2021 11:29
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: | 05 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 | 692,292 547,777 | 4.0000 GBP 4.0000 GBP | 3.8828 GBP 3.8840 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 | 462 738 1,836 5,749 3,026 1,677 1,001 34,465
412 4,844 360 483 10,686 1,891 4,762 409 9,804 3,268 12,035 10,298 10,298
581 3,262 1,593 1,352 5 4,451 141 6,651
13,600 1,574 142,694
3,400 139,294 11,841 10,299 268 2,500
2,572 | 3.9079 GBP 3.9217 GBP 3.9223 GBP 3.9224 GBP 3.9237 GBP 3.9253 GBP 3.9368 GBP 3.9370 GBP
3.8850 GBP 3.9015 GBP 3.9020 GBP 3.9030 GBP 3.9054 GBP 3.9079 GBP 3.9099 GBP 3.9160 GBP 3.9191 GBP 3.9221 GBP 3.9370 GBP 3.9376 GBP 3.9382 GBP
3.9053 GBP 3.9099 GBP 3.9101 GBP 3.9103 GBP 3.9227 GBP 3.9238 GBP 3.9240 GBP 3.9370 GBP
3.9213 GBP 3.9234 GBP 3.9370 GBP
3.9077 GBP 3.9214 GBP 3.9264 GBP 3.9375 GBP 5.2724 GBP 5.2991 GBP
3.9189 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