Form 8.5 (EPT/RI) - Provident Financial 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:	Deutsche Bank AG London
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:   Use a separate form for each offeror/offeree	Provident Financial plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Non-Standard Finance plc
(d) Date dealing undertaken:	26/03/2019
(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- Non-Standard Finance 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 GBP	Lowest price per unit paid/received GBP
20 8/11p ordinary	Purchases	151,913	5.1920	5.0640
20 8/11p ordinary	Sales	108,368	5.1940	5.0380

 

 

(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 GBP
20 8/11p ordinary	Swaps	Long	2,349	5.1345
20 8/11p ordinary	Swaps	Long	6,585	5.1384
20 8/11p ordinary	Swaps	Short	21,545	5.1340
20 8/11p ordinary	Swaps	Short	2,771	5.1596
20 8/11p ordinary	Swaps	Short	894	5.1596
20 8/11p ordinary	Swaps	Short	4,739	5.1326
20 8/11p ordinary	Swaps	Short	2,708	5.1313
20 8/11p ordinary	Swaps	Short	4,851	5.1313
20 8/11p ordinary	Swaps	Short	10,727	5.1313
20 8/11p ordinary	Swaps	Short	1,506	5.1326
20 8/11p ordinary	Swaps	Short	88	5.1596
20 8/11p ordinary	Swaps	Short	691	5.1596
20 8/11p ordinary	Swaps	Short	671	5.1596
20 8/11p ordinary	Swaps	Short	223	5.1326
20 8/11p ordinary	Swaps	Short	1,065	5.1596

 

(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:	27/03/2019
Contact name:	Mihai Ardelean
Telephone number:	+44 20 754-53037

 

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.