21st Dec 2015 10:46
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: | Morgan Stanley & Co. International plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | BG Group Plc |
(c) Name of the party to the offer with which exempt principal trader is connected:
| BG Group Plc |
(d) Date dealing undertaken: | 18 DECEMBER 2015 |
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? | Yes |
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 | PURCHASES | 6,097,306 | 10.5000 GBP | 9.0732 GBP |
10p ordinary | SALES | 7,754,062 | 9.5000 GBP | 9.0800 GBP |
10p ordinary | SALES | 36,147 | 13.4650 USD | 13.4650 USD |
(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 | CFD | LONG | 28,251 | 9.2697 GBP |
10p ordinary | CFD | LONG | 377,207 | 9.2697 GBP |
10p ordinary | CFD | LONG | 375,245 | 9.2697 GBP |
10p ordinary | CFD | LONG | 383,322 | 9.2697 GBP |
10p ordinary | CFD | LONG | 12,872 | 9.2697 GBP |
10p ordinary | CFD | LONG | 22,686 | 9.2697 GBP |
10p ordinary | CFD | LONG | 144,305 | 9.3115 GBP |
10p ordinary | CFD | LONG | 435,235 | 9.3115 GBP |
10p ordinary | CFD | LONG | 88,463 | 9.3189 GBP |
10p ordinary | CFD | LONG | 2,971 | 9.3189 GBP |
10p ordinary | CFD | LONG | 86,599 | 9.3189 GBP |
10p ordinary | CFD | LONG | 87,052 | 9.3189 GBP |
10p ordinary | CFD | LONG | 6,520 | 9.3189 GBP |
10p ordinary | CFD | LONG | 5,236 | 9.3189 GBP |
10p ordinary | CFD | LONG | 3,241 | 9.3814 GBP |
10p ordinary | CFD | LONG | 1,055 | 9.3814 GBP |
10p ordinary | CFD | LONG | 21,763 | 9.3814 GBP |
10p ordinary | CFD | LONG | 155,407 | 9.3876 GBP |
10p ordinary | CFD | LONG | 11,795 | 9.3884 GBP |
10p ordinary | CFD | LONG | 396 | 9.3884 GBP |
10p ordinary | CFD | LONG | 869 | 9.3884 GBP |
10p ordinary | CFD | LONG | 11,607 | 9.3884 GBP |
10p ordinary | CFD | LONG | 11,547 | 9.3884 GBP |
10p ordinary | CFD | LONG | 698 | 9.3884 GBP |
10p ordinary | CFD | LONG | 5,536 | 9.3973 GBP |
10p ordinary | CFD | LONG | 1,045 | 9.4100 GBP |
10p ordinary | CFD | LONG | 15,710 | 9.4193 GBP |
10p ordinary | CFD | LONG | 3,000 | 9.4780 GBP |
10p ordinary | CFD | SHORT | 88,063 | 9.0800 GBP |
10p ordinary | CFD | SHORT | 1,000 | 9.0800 GBP |
10p ordinary | CFD | SHORT | 8,452 | 9.0800 GBP |
10p ordinary | CFD | SHORT | 34,579 | 9.0800 GBP |
10p ordinary | CFD | SHORT | 10,000 | 9.0890 GBP |
10p ordinary | CFD | SHORT | 2,000 | 9.2520 GBP |
10p ordinary | CFD | SHORT | 3,000 | 9.2558 GBP |
10p ordinary | CFD | SHORT | 20,000 | 9.2718 GBP |
10p ordinary | CFD | SHORT | 1,000,000 | 9.2800 GBP |
10p ordinary | CFD | SHORT | 24,153 | 9.2883 GBP |
10p ordinary | CFD | SHORT | 1,171 | 9.2883 GBP |
10p ordinary | CFD | SHORT | 3,596 | 9.2883 GBP |
10p ordinary | CFD | SHORT | 210,000 | 9.2976 GBP |
10p ordinary | CFD | SHORT | 40,358 | 9.3077 GBP |
10p ordinary | CFD | SHORT | 5,800 | 9.3307 GBP |
10p ordinary | CFD | SHORT | 90,000 | 9.3404 GBP |
10p ordinary | CFD | SHORT | 149,803 | 9.3753 GBP |
10p ordinary | CFD | SHORT | 113,428 | 9.4032 GBP |
10p ordinary | CFD | SHORT | 8,289 | 9.4136 GBP |
10p ordinary | CFD | SHORT | 3,907 | 9.4151 GBP |
10p ordinary | CFD | SHORT | 32,025 | 9.4200 GBP |
10p ordinary | CFD | SHORT | 9,600 | 9.4415 GBP |
10p ordinary | CFD | SHORT | 6,000 | 9.4675 GBP |
10p ordinary | CFD | SHORT | 3,000 | 9.4807 GBP |
10p ordinary | CFD | SHORT | 14,838 | 9.5494 GBP |
10p ordinary | CFD | SHORT | 21,807 | 9.5494 GBP |
10p ordinary | CFD | SHORT | 2,312 | 9.5494 GBP |
10p ordinary | CFD | SHORT | 3,430 | 9.5494 GBP |
10p ordinary | CFD | SHORT | 6,000 | 10.5000 GBP |
10p ordinary | CFD on FUTURE | SALE | 49 | 908.0000 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 |
10p ordinary | PUT | PURCHASE | 60,000 | 10.0000 | A | 15/01/2016 | 0.6800 GBP |
10p ordinary | PUT | SALE | 50,000 | 10.5000 | A | 18/12/2015 | 1.0940 GBP |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Number of securities | Exercise price per unit |
10p ordinary | PUT | 6,000 | 10.5000 GBP |
10p ordinary | CALL | 350,000 | 12.0000 GBP |
10p ordinary | PUT | 25,000 | 7.20000 GBP |
10p ordinary | PUT | 100,000 | 7.1000 GBP |
(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) |
N/A | N/A | N/A | N/A |
The currency of all prices and other monetary amounts should be stated.
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.
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: 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: | 21 DECEMBER 2015 |
| Contact name: | Craig Horsley |
| Telephone number: | +44(141) 245 7736 |
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:
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