⌘K
t
J.P. Morgan Securities Plc, an exempt principal trader and financial adviser to Schroders plc, disclosed dealings in Schroders plc 20p ordinary shares on 08 April 2026. The firm purchased 850,293 shares at prices between 5.7725 GBP and 5.7900 GBP, and sold 177,687 shares at prices between 5.7733 GBP and 5.7900 GBP. Additionally, cash-settled equity swap transactions included an increase in short positions by 693,793 reference securities and a decrease in short positions by 18,994 reference securities, among other adjustments to long and short positions.
| Date | 9 Apr 2026 |
| Time | 10:32:42 |
| Category | Holding(s) in company |
| ID | 8340Z |
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 |
Schroders plc |
|
(c) Name of the party to the offer with which exempt principal trader is connected: |
Financial Adviser and Corporate Broker to Schroders plc |
|
(d) Date dealing undertaken: |
08 April 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" |
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 |
|
20p ordinary |
Purchase |
850,293 |
5.7900 GBP |
5.7725 GBP |
Sale |
|
|
|
(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 |
|
20p ordinary |
Equity Swap |
Decrease Long |
9,733 |
5.7767 GBP |
|
|
|
|
||
|
|
|
191 |
5.7749 GBP |
|
|
|
|
3,600 |
5.7754 GBP |
|
|
|
|
377 |
5.7757 GBP |
|
|
|
|
288 |
5.7780 GBP |
|
|
|
|
512 |
5.7781 GBP |
|
|
|
|
8,450 |
5.7793 GBP |
|
|
|
|
74 |
5.7794 GBP |
|
|
|
|
477 |
5.7824 GBP |
|
|
|
|
|
||
|
|
|
|
||
|
|
|
19,766 |
5.7751 GBP |
|
|
|
|
505 |
5.7752 GBP |
|
|
|
|
4,484 |
5.7756 GBP |
|
|
|
|
40,877 |
5.7759 GBP |
|
|
|
|
47,959 |
5.7773 GBP |
|
|
|
|
65,594 |
5.7774 GBP |
|
|
|
|
49,538 |
5.7779 GBP |
|
|
|
|
16,959 |
5.7783 GBP |
|
|
|
|
18,745 |
5.7785 GBP |
|
|
|
|
118 |
5.7788 GBP |
|
|
|
|
12,711 |
5.7789 GBP |
|
|
|
|
23 |
5.7802 GBP |
|
|
|
|
1,400 |
5.7807 GBP |
|
|
|
|
3,493 |
5.7808 GBP |
|
|
|
|
119 |
5.7908 GBP |
|
|
|
|
1,221 |
5.7909 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: |
09 April 2026 |
Contact name: |
Hetvi Shah |
Telephone number: |
44 2034 936359 |
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.