5th Oct 2026 11:27
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 | Vesuvius plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Financial adviser and corporate broker to Vesuvius Plc |
(d) Date dealing undertaken: | 02 October 2026 |
(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, RHI Magnesita N.V. |
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 |
10p ordinary | Purchase | 238,883 | 4.6320 GBP | 4.5120 GBP |
| Sale | 129,649 | 4.6190 GBP | 4.5120 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 |
10p ordinary | Equity Swap | Decrease Long | 14,604 | 4.5120 GBP |
28,106 | 4.5122 GBP | |||
212 | 4.5280 GBP | |||
100 | 4.5464 GBP | |||
83,360 | 4.5679 GBP | |||
285 | 4.5721 GBP | |||
17,539 | 4.5756 GBP | |||
Decrease Short | 396 | 4.5120 GBP | ||
3,148 | 4.5130 GBP | |||
134 | 4.5338 GBP | |||
470 | 4.5356 GBP | |||
1,775 | 4.5446 GBP | |||
3,760 | 4.5453 GBP | |||
19,733 | 4.5466 GBP | |||
436 | 4.5568 GBP | |||
3,869 | 4.5572 GBP | |||
8,646 | 4.5770 GBP | |||
Increase Long | 5,493 | 4.5208 GBP | ||
3,365 | 4.5239 GBP | |||
5,437 | 4.5254 GBP | |||
3,040 | 4.5263 GBP | |||
153 | 4.5359 GBP | |||
800 | 4.5537 GBP | |||
200 | 4.5670 GBP | |||
455 | 4.5737 GBP | |||
1,516 | 4.5932 GBP | |||
165 | 4.6080 GBP | |||
Increase Short | 63 | 4.5125 GBP | ||
12,973 | 4.5218 GBP | |||
30 | 4.5241 GBP | |||
222 | 4.5249 GBP | |||
30 | 4.5258 GBP | |||
129 | 4.5504 GBP | |||
7 | 4.5545 GBP | |||
46 | 4.5576 GBP | |||
4,656 | 4.5609 GBP | |||
545 | 4.5754 GBP | |||
28 | 4.6062 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: | 05 October 2026 |
| Contact name: | Natasha Mondon |
| Telephone number: | 01202 325175 |
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:
Vesuvius