8th Mar 2022 11:26
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: | 7 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 | 214,507
291,627 | 25.6400 GBP
25.5700 GBP | 23.9400 GBP
23.7900 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
| 128 4,066 245 55 2 12 6 1,645 2,382 1,765 567 23 1,483 1,122 9,975 1,051 902 129 11,000 1,642 56 147 15 816 10,479
6,643 1,000 125 3,624 3,581 63,003 1,850 2,020 18,367 8 19,564 554
1,869 1,882 208 12,967 97 7,978 6,331 1,026 167 1,179 474 963 1,957 699 87 171 15 388 1,305 59
22 21 251 19,000 7,351 946 396 13,421 83 184 195
2,479 122 265 22 293 1,647 8,213 1,496 478 1,226 3,785 1,997 669 126 27 7 1,834 500 30 7,354
454 160 1,317 5,024 19,777 691 2,904 500 | 24.7265 GBP 24.9097 GBP 24.9148 GBP 25.3713 GBP 25.3825 GBP 25.3834 GBP 25.3859 GBP 25.3988 GBP 25.4194 GBP 25.4242 GBP 25.4273 GBP 25.4500 GBP 25.4622 GBP 25.4656 GBP 25.4735 GBP 25.4840 GBP 25.4864 GBP 25.4866 GBP 25.4932 GBP 25.4964 GBP 25.5428 GBP 25.5558 GBP 25.5700 GBP 25.5706 GBP 25.5726 GBP
24.7330 GBP 24.7922 GBP 24.8181 GBP 24.9801 GBP 24.9855 GBP 25.0118 GBP 25.1694 GBP 25.3561 GBP 25.4392 GBP 25.4495 GBP 25.4632 GBP 25.5137 GBP
24.3483 GBP 24.3699 GBP 24.5544 GBP 24.5568 GBP 24.6219 GBP 24.6288 GBP 24.6469 GBP 24.6630 GBP 24.6869 GBP 24.7556 GBP 25.1130 GBP 25.2916 GBP 25.3217 GBP 25.4564 GBP 25.4706 GBP 25.4867 GBP 25.4975 GBP 25.5051 GBP 25.5344 GBP 25.5780 GBP
24.2447 GBP 24.2448 GBP 24.4197 GBP 25.0302 GBP 25.1073 GBP 25.2185 GBP 25.3633 GBP 25.3749 GBP 25.3750 GBP 25.5732 GBP 25.5739 GBP
24.9148 GBP 25.1220 GBP 25.1964 GBP 25.2099 GBP 25.2335 GBP 25.2711 GBP 25.3331 GBP 25.3522 GBP 25.3544 GBP 25.3686 GBP 25.3780 GBP 25.3866 GBP 25.3929 GBP 25.4292 GBP 25.4786 GBP 25.4886 GBP 25.4960 GBP 25.5066 GBP 25.5349 GBP 25.5700 GBP
24.0001 GBP 24.2701 GBP 24.8450 GBP 25.0267 GBP 25.3915 GBP 25.5700 GBP 25.5713 GBP 25.5763 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: | 8 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