24th Aug 2021 18:13
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 | Ultra Electronics Holdings plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker to Ultra Electronics Holdings plc. |
(d) Date dealing undertaken: | 16 August 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 |
5p ordinary | Purchase
Sale | 1,387,490
991,124 | 34.0004 GBP
34.2158 GBP | 32.6200 GBP
32.5000 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
| 10,000 654 1,760 17,788 58
4,051 7 1,152 2,111 1,979 21 977 87 500 50 783 226 406 2,096 9,460 2,036 978 1,352 1,345
16 2,129 13 10,000
2,505 152 93 100 1,350 335 101 4,102 19,528 1,641 156,500 1,569 104 17,796 4,046
4,543
92 93 14,800 44,800 113,416 7,300 44,800 14,800 89,800 7,300 29,394 | 33.1001 GBP 33.2409 GBP 33.3155 GBP 33.4471 GBP 34.0004 GBP
33.0168 GBP 33.0598 GBP 33.0893 GBP 33.2000 GBP 33.2472 GBP 33.2474 GBP 33.2582 GBP 33.3162 GBP 33.3269 GBP 33.4059 GBP 33.4668 GBP 33.4766 GBP 33.4798 GBP 33.4967 GBP 33.5000 GBP 33.6894 GBP 33.7637 GBP 33.8094 GBP 33.8182 GBP
33.4245 GBP 33.4548 GBP 33.8795 GBP 34.2158 GBP
33.0467 GBP 33.0489 GBP 33.0598 GBP 33.0610 GBP 33.2966 GBP 33.4108 GBP 33.4172 GBP 33.4943 GBP 33.5002 GBP 33.5017 GBP 33.5051 GBP 33.5523 GBP 33.5602 GBP 33.5875 GBP 33.5905 GBP
33.1319 GBP
33.1099 GBP 33.1803 GBP 33.2078 GBP 33.2087 GBP 33.3602 GBP 33.4625 GBP 33.4829 GBP 33.4992 GBP 33.6490 GBP 33.7689 GBP 46.3724 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: | 24 August 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.
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