1st Mar 2022 11:30
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 | Spectris plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | financial advisor to Oxford Instruments PLC |
(d) Date dealing undertaken: | 28 February 2022 |
(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" | Yes, Oxford Instruments plc |
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 |
5p ordinary | Purchase
Sale | 581,263
694,756 | 31.3000 GBP
31.4100 GBP | 26.8200 GBP
26.8400 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 |
5p ordinary | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a Long Position
Opening a Short Position
| 10,511 100 803 45 77 2,221 123,034 94
9,109 1,858 1,683 10,974 2,915 506 116 2,704 338 496 3,877 6,210 20,519 1,000 25,243 67,847 29,237 6 276 47,952 2,517 2,870 9,949 12,553 5,275 15,442 14,000 261 22,789 884 4,237 17,606 1,592 7,096 1,094 325 477 221 3 4 10 1,162
653
1,410 4,890 2,410 1,100 20,267 4,090 1,591 2,649 472 1,222 129 2,384 717 25,216 406 398 2,000 140 2,338 4,176 361 3,781 2,161 1,625 145
4,800 1,046 333 1,559 268 6,491 9,059 213 488 800 419 328 8 66 142
169 4,800 908 550 2,017 25,120 2,381 481 194 535 1,089 5,695 158 | 27.8242 GBP 27.9400 GBP 28.0021 GBP 28.0600 GBP 28.0628 GBP 28.3164 GBP 30.2800 GBP 30.2823 GBP
27.0555 GBP 27.2037 GBP 27.2535 GBP 27.5304 GBP 27.5471 GBP 27.5511 GBP 27.6049 GBP 27.7254 GBP 27.7902 GBP 27.7929 GBP 27.8180 GBP 27.8655 GBP 27.9097 GBP 27.9341 GBP 27.9555 GBP 27.9901 GBP 28.0103 GBP 28.0565 GBP 28.0572 GBP 28.0578 GBP 28.0600 GBP 28.3019 GBP 28.3485 GBP 28.4819 GBP 28.5996 GBP 28.7759 GBP 28.9336 GBP 29.0075 GBP 29.0506 GBP 29.2918 GBP 29.3113 GBP 29.6222 GBP 29.6967 GBP 29.7076 GBP 29.7080 GBP 29.9268 GBP 29.9523 GBP 29.9631 GBP 29.9803 GBP 30.0370 GBP 30.0880 GBP 30.2460 GBP
30.4959 GBP
26.8976 GBP 27.0972 GBP 27.2666 GBP 27.4534 GBP 27.4548 GBP 27.4735 GBP 27.6710 GBP 27.7519 GBP 27.8011 GBP 27.8446 GBP 27.8741 GBP 27.8961 GBP 27.9775 GBP 28.0628 GBP 28.1109 GBP 28.1708 GBP 28.3597 GBP 28.4122 GBP 28.4128 GBP 28.4544 GBP 28.7327 GBP 28.8004 GBP 29.1979 GBP 29.5722 GBP 30.2518 GBP
27.2509 GBP 27.2540 GBP 27.5918 GBP 27.8893 GBP 27.9238 GBP 27.9282 GBP 28.0545 GBP 28.0600 GBP 28.3352 GBP 28.4390 GBP 29.0184 GBP 29.9191 GBP 30.2599 GBP 30.2799 GBP 30.3472 GBP
27.1101 GBP 27.1124 GBP 27.6542 GBP 27.7223 GBP 27.7928 GBP 28.0600 GBP 28.0601 GBP 28.0871 GBP 28.0908 GBP 28.6291 GBP 28.6974 GBP 28.8188 GBP 28.8450 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: | 1 March 2022 |
| 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:
Spectris