24th Aug 2021 18:15
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: | 17 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 | 561,461
169,855 | 33.8000 GBP
33.8000 GBP | 33.3000 GBP
33.2600 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
| 537 1,540 596 1,296 2,939 717
6 58 56 127 6 673 1,968 10,922 90 120 21,413 273 2,846 1,408 984 190 73 14,855 553 22 380
578 6,456 717 493 50 133 700
680 35,800 11,800 36,000 519 35,800 11,600 978 11,800 370 535 5,431 11,800 35,800 1,692 5,562 10 59,524 3,056 396,944 5,259 36,000 11,800 | 33.5919 GBP 33.6164 GBP 33.6858 GBP 33.7000 GBP 33.7381 GBP 33.7407 GBP
33.2800 GBP 33.4382 GBP 33.5598 GBP 33.5762 GBP 33.5763 GBP 33.5879 GBP 33.6066 GBP 33.6212 GBP 33.6250 GBP 33.6508 GBP 33.6580 GBP 33.6582 GBP 33.6668 GBP 33.6708 GBP 33.6983 GBP 33.6990 GBP 33.6996 GBP 33.7000 GBP 33.7050 GBP 33.7300 GBP 33.7662 GBP
33.5943 GBP 33.6566 GBP 33.6850 GBP 33.6894 GBP 33.6951 GBP 33.7395 GBP 33.7486 GBP
33.4719 GBP 33.5042 GBP 33.5469 GBP 33.5667 GBP 33.5714 GBP 33.5782 GBP 33.5812 GBP 33.5849 GBP 33.5867 GBP 33.5940 GBP 33.6563 GBP 33.6640 GBP 33.6758 GBP 33.6809 GBP 33.7000 GBP 33.7002 GBP 33.7017 GBP 33.7043 GBP 33.7169 GBP 33.7236 GBP 33.7514 GBP 33.7549 GBP 33.7802 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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