18th Dec 2020 12:07
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: | UBS Investment Bank, London |
(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: | Connected Advisors to Global Infrastructure Partners |
(d) Date dealing undertaken: | 17 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" | NO |
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 |
37p ordinary | Buy
| 5576932 | 3.814502 GBP | 2.675995 GBP |
37p ordinary | Sell
| 3593560 | 3.814502 GBP | 2.675995 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 |
37p ordinary | CFD
| Long | 1061374 | 3.64178114 GBP |
37p ordinary | CFD
| Long | 10583 | 3.719804 GBP |
37p ordinary | CFD
| Long | 160 | 3.153203 GBP |
37p ordinary | CFD
| Long | 400 | 3.738 GBP |
37p ordinary | CFD
| Long | 40042 | 3.728506 GBP |
37p ordinary | CFD
| Long | 50900 | 3.639692 GBP |
37p ordinary | CFD
| Long | 6327 | 3.303759 GBP |
37p ordinary | CFD
| Long | 13067 | 3.75214892477233 GBP |
37p ordinary | CFD
| Long | 6285 | 3.74933651551313 GBP |
37p ordinary | CFD
| Long | 2053 | 2.733126 GBP |
37p ordinary | CFD
| Long | 103280 | 3.737718 GBP |
37p ordinary | CFD
| Long | 13830 | 3.684178 GBP |
37p ordinary | CFD
| Long | 2939 | 3.683309 GBP |
37p ordinary | CFD
| Long | 44 | 3.754 GBP |
37p ordinary | CFD
| Long | 108 | 3.514241 GBP |
37p ordinary | CFD
| Long | 5156 | 3.75343677269201 GBP |
37p ordinary | CFD
| Long | 76 | 3.59764 GBP |
37p ordinary | CFD
| Long | 110 | 2.879431 GBP |
37p ordinary | CFD
| Long | 137 | 2.890711 GBP |
37p ordinary | CFD
| Long | 236 | 2.972847 GBP |
37p ordinary | CFD
| Long | 275 | 3.26239 GBP |
37p ordinary | CFD
| Long | 6596 | 3.75214978775015 GBP |
37p ordinary | CFD
| Long | 553897 | 3.65042671 GBP |
37p ordinary | CFD
| Long | 3584 | 3.7534375 GBP |
37p ordinary | CFD
| Short | 616588 | 2.83307194 GBP |
37p ordinary | CFD
| Short | 118080 | 3.69555408 GBP |
37p ordinary | CFD
| Short | 500000 | 3.749011 GBP |
37p ordinary | CFD
| Short | 600000 | 3.774616 GBP |
37p ordinary | CFD
| Short | 497022 | 3.757799 GBP |
37p ordinary | CFD
| Short | 26 | 3.741154 GBP |
37p ordinary | CFD
| Short | 750000 | 3.750029 GBP |
37p ordinary | CFD
| Short | 26 | 2.786154 GBP |
37p ordinary | CFD
| Short | 2969 | 3.401341 GBP |
37p ordinary | CFD
| Short | 22235 | 3.754 GBP |
37p ordinary | CFD
| Short | 5038 | 3.604078 GBP |
37p ordinary | CFD
| Short | 15 | 3.741578 GBP |
37p ordinary | CFD
| Short | 927 | 3.754105 GBP |
37p ordinary | CFD
| Short | 153897 | 3.10039777 GBP |
37p ordinary | CFD
| Short | 500 | 3.512365 GBP |
37p ordinary | CFD
| Short | 15000 | 3.73194623 GBP |
37p ordinary | CFD
| Short | 397 | 2.732 GBP |
37p ordinary | CFD
| Short | 476280 | 3.748878 GBP |
37p ordinary | CFD
| Short | 1165 | 3.754003 GBP |
37p ordinary | CFD
| Short | 3856 | 3.740256 GBP |
37p ordinary | CFD
| Short | 19784 | 3.706817 GBP |
37p ordinary | CFD
| Short | 543 | 3.748631 GBP |
37p ordinary | CFD
| Short | 25568 | 3.35606 GBP |
37p ordinary | CFD
| Short | 1461 | 3.751243 GBP |
37p ordinary | CFD
| Short | 1144 | 3.74400011975524 GBP |
37p ordinary | CFD
| Short | 738 | 3.74961300813008 GBP |
37p ordinary | CFD
| Short | 337 | 3.7524999495549 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 |
| Date of disclosure: | 18 December 2020 |
| Contact name: | Richard Howard |
| Telephone number: | +44 (0)207 568 9128 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]
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.
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