Form 8.5 (EPT/RI) IWG plc

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	IWG plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Starwood Capital European Operations Limited
(d) Date dealing undertaken:	02 August 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"	NO

 

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
1p ordinary	Buy	169649	3.03000        GBP	2.96692        GBP
1p ordinary	Sell	93081	3.01912        GBP	2.96892        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
1p ordinary	CFD	Long	3154	2.98895370957514        GBP
1p ordinary	CFD	Long	514	2.991        GBP
1p ordinary	CFD	Long	13930	3.001        GBP
1p ordinary	CFD	Long	25000	3.0001124        GBP
1p ordinary	CFD	Long	12500	2.97853824        GBP
1p ordinary	CFD	Long	600	2.98603        GBP
1p ordinary	CFD	Short	47116	2.98932866        GBP
1p ordinary	CFD	Short	23062	2.988815        GBP
1p ordinary	CFD	Short	1085	2.999923        GBP
1p ordinary	CFD	Short	18601	2.9853689        GBP
1p ordinary	CFD	Short	300	2.987        GBP
1p ordinary	CFD	Short	800	2.988        GBP
1p ordinary	CFD	Short	1652	2.986513        GBP
1p ordinary	CFD	Short	892	2.97525784753363        GBP
1p ordinary	CFD	Short	1645	2.97472948328267        GBP
1p ordinary	CFD	Short	2568	2.97301401869159        GBP
1p ordinary	CFD	Short	895	2.97397765363128        GBP
1p ordinary	CFD	Short	1000	3.03126        GBP
1p ordinary	CFD	Short	64	2.97125        GBP
1p ordinary	CFD	Short	11723	2.99239358525975        GBP
1p ordinary	CFD	Short	17075	2.99378448023426        GBP
1p ordinary	CFD	Short	5138	2.98406578435189        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:	03 August 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.