3rd Mar 2022 15:47
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 | 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: | 1 March 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 | 481,620
484,345 | 27.7000 GBP
27.7200 GBP | 27.0000 GBP
26.9500 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 Short
Opening a short position | 74 780 1 333,791
4,921 56 2,161 19,137 460 1,099 55,335 4,774 120,321 116 4,217 24,740 57,244 6,072 3,204 7,545 12,599 1,090 1,261 810 5,721 999 5,721 2,155 57,419 629 4,423 1,723 3,352 485 695
2,517 887 1,022 11,000 1,000 13,726 1,295 1,122 305 5,000 7,857 11,000 1,013
349 17,438 | 27.1261 GBP 27.2971 GBP 27.5100 GBP 27.7000 GBP
26.9966 GBP 26.9973 GBP 27.0256 GBP 27.0284 GBP 27.0728 GBP 27.1298 GBP 27.1642 GBP 27.1716 GBP 27.1981 GBP 27.2132 GBP 27.2204 GBP 27.2336 GBP 27.2432 GBP 27.2707 GBP 27.2978 GBP 27.3133 GBP 27.3560 GBP 27.3703 GBP 27.3936 GBP 27.4097 GBP 27.4130 GBP 27.4203 GBP 27.4210 GBP 27.4232 GBP 27.4247 GBP 27.4417 GBP 27.4538 GBP 27.4574 GBP 27.5121 GBP 27.5403 GBP 27.6399 GBP
27.0000 GBP 27.0027 GBP 27.0282 GBP 27.0347 GBP 27.0624 GBP 27.0652 GBP 27.0963 GBP 27.1653 GBP 27.2084 GBP 27.2389 GBP 27.3208 GBP 27.3922 GBP 27.3939 GBP
27.2712 GBP 27.3216 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: | 3 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