20th Jan 2021 13:59
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: | 11 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 | 8,484,876
6,649,129 | 4.4510 GBP
4.4420 GBP | 4.2802 GBP
4.2930 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 | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a long position
Opening a short position
| 3,958 848 100,000 100,000 100,000 5,194 100,000 4,510
15,774 9,400 4,188 192,000 6,045 39,756 278,599 14,431 28,392 50,000
3,712 4,476 6,222 4,773 848 6,527
432 26,250 13,100 4,549 13,500 100,000 14,285 2,854 68,300 41,580
257 269 422,882 7,283 930 10,352 748 5,693 38,393 2,557 2,289 6,194 2,810 25,815 20,113
242 14,419 485 278,263 43,108 408 6,144 1,757 12,020 264 7,840 31,785 96,505 14,086 1,329 19,708 373 17,849 | 4.3531 GBP 4.3550 GBP 4.3565 GBP 4.3761 GBP 4.3778 GBP 4.3812 GBP 4.3974 GBP 4.4064 GBP
4.3418 GBP 4.3669 GBP 4.3748 GBP 4.3775 GBP 4.3780 GBP 4.3808 GBP 4.3811 GBP 4.4083 GBP 5.9098 GBP 5.9141 GBP
4.3229 GBP 4.3391 GBP 4.3410 GBP 4.3622 GBP 4.3790 GBP 4.3874 GBP
4.2821 GBP 4.3622 GBP 4.3647 GBP 4.3714 GBP 4.3993 GBP 4.4022 GBP 4.4053 GBP 5.8851 GBP 5.8935 GBP 5.9516 GBP
4.2800 GBP 4.3059 GBP 4.3550 GBP 4.3632 GBP 4.3714 GBP 4.3761 GBP 4.3774 GBP 4.3858 GBP 4.3872 GBP 4.3899 GBP 4.3912 GBP 4.3948 GBP 4.3972 GBP 4.4036 GBP 4.4080 GBP
4.2802 GBP 4.3366 GBP 4.3371 GBP 4.3550 GBP 4.3552 GBP 4.3670 GBP 4.3673 GBP 4.3900 GBP 4.3982 GBP 4.4000 GBP 4.4033 GBP 4.4038 GBP 4.4050 GBP 4.4066 GBP 4.4078 GBP 4.4102 GBP 4.4115 GBP 4.4144 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: | 20 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