16th Feb 2018 11:18
This announcement replaces the previous RNS announcement 0260F released at 11:52 am on the 15 February 2018. Amendment made to section 2 (a). All other information remains unchanged
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: | UBS Investment Bank, London |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Melrose Industries plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | GKN Plc |
(d) Date dealing undertaken: | 14 February 2018 |
(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 GKN 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 |
48/7p ordinary | Buy
| 2655781 | 2.22700 GBP | 2.12750 GBP |
48/7p ordinary | Sell
| 6402235 | 2.22700 GBP | 2.12750 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 |
48/7p ordinary | CFD
| Long | 149000 | 2.1584 GBP |
48/7p ordinary | CFD
| Long | 14176 | 2.198331 GBP |
48/7p ordinary | CFD
| Long | 38268 | 2.200519 GBP |
48/7p ordinary | CFD
| Long | 78758 | 2.199473 GBP |
48/7p ordinary | CFD
| Long | 89768 | 2.201405 GBP |
48/7p ordinary | CFD
| Long | 39630 | 2.13334847337875 GBP |
48/7p ordinary | CFD
| Long | 867 | 2.13181084198385 GBP |
48/7p ordinary | CFD
| Long | 3592 | 2.13184020044543 GBP |
48/7p ordinary | CFD
| Long | 12911 | 2.13326001084347 GBP |
48/7p ordinary | CFD
| Long | 96582 | 2.1475264 GBP |
48/7p ordinary | CFD
| Long | 268200 | 2.141023 GBP |
48/7p ordinary | CFD
| Long | 431683 | 2.1825 GBP |
48/7p ordinary | CFD
| Long | 9310 | 2.182501 GBP |
48/7p ordinary | CFD
| Long | 2221182 | 2.1991473 GBP |
48/7p ordinary | CFD
| Long | 584523 | 2.2134 GBP |
48/7p ordinary | CFD
| Long | 65475 | 2.137737 GBP |
48/7p ordinary | CFD
| Long | 3363 | 2.160373 GBP |
48/7p ordinary | CFD
| Long | 33059 | 2.14807737681116 GBP |
48/7p ordinary | CFD
| Long | 1446 | 2.14778008298755 GBP |
48/7p ordinary | CFD
| Long | 36409 | 2.15549809113131 GBP |
48/7p ordinary | CFD
| Long | 47086 | 2.15195854394087 GBP |
48/7p ordinary | CFD
| Long | 700 | 2.175851 GBP |
48/7p ordinary | CFD
| Long | 33100 | 2.16674 GBP |
48/7p ordinary | CFD
| Long | 25581 | 2.196054 GBP |
48/7p ordinary | CFD
| Long | 4401 | 2.137944 GBP |
48/7p ordinary | CFD
| Long | 1 | 2.192 GBP |
48/7p ordinary | CFD
| Short | 81 | 2.1729 GBP |
48/7p ordinary | CFD
| Short | 41877 | 2.20654559782219 GBP |
48/7p ordinary | CFD
| Short | 58681 | 2.211 GBP |
48/7p ordinary | CFD
| Short | 56165 | 2.184 GBP |
48/7p ordinary | CFD
| Short | 1269 | 2.136 GBP |
48/7p ordinary | CFD
| Short | 70017 | 2.20494537041004 GBP |
48/7p ordinary | CFD
| Short | 11204 | 2.19983666547662 GBP |
48/7p ordinary | CFD
| Short | 40902 | 2.19977702801819 GBP |
48/7p ordinary | CFD
| Short | 8721 | 2.1554 GBP |
48/7p ordinary | CFD
| Short | 208838 | 2.15658477 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: | 16 February 2018 |
| Contact name: | Wendy Dent |
| Telephone number: | +44 (0)207 568 1245 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]
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:
GKN PLCMelrose