28th Jan 2021 11:41
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 & Defence advisor to Signature Aviation plc |
(d) Date dealing undertaken: | 27 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 | 545,337
469,032 | 4.1620 GBP
4.1600 GBP | 4.0870 GBP
4.0800 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
| 766 10,821 619 43,581 16,300 2,266
8,891 1,138 326 5,981 2,006 2,278 647 6,559 2,049 53,522 17,310 802 14,140 545 10,016 61,034 2,629 285 155 24 768 4,011 26 198 12 1,275 365 37
11,709 21,409
402 46,583 11,481 36,329 1,500 4,563 3,965 75,000 50,939
1,100 17,144 584 1,764
2,070 1,271 2,790 1,100 | 4.1183 GBP 4.1213 GBP 4.1253 GBP 4.1273 GBP 4.1304 GBP 4.1420 GBP
4.1105 GBP 4.1120 GBP 4.1152 GBP 4.1156 GBP 4.1162 GBP 4.1165 GBP 4.1166 GBP 4.1171 GBP 4.1185 GBP 4.1187 GBP 4.1205 GBP 4.1208 GBP 4.1224 GBP 4.1225 GBP 4.1242 GBP 4.1254 GBP 4.1280 GBP 4.1290 GBP 4.1297 GBP 4.1304 GBP 4.1309 GBP 4.1314 GBP 4.1318 GBP 4.1338 GBP 4.1339 GBP 4.1374 GBP 4.1387 GBP 4.1391 GBP
4.1203 GBP 4.1228 GBP
4.0870 GBP 4.1120 GBP 4.1122 GBP 4.1126 GBP 4.1225 GBP 4.1231 GBP 5.6463 GBP 5.6816 GBP 5.6843 GBP
4.1120 GBP 4.1132 GBP 4.1176 GBP 4.1322 GBP
4.1121 GBP 4.1241 GBP 4.1292 GBP 4.1393 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: | 28 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