Form 8.5 (EPT/RI) - Amendment

Amendment - due to the amendment of Equity and Derivative transactions, the disclosure made on 13 September for dealings on 12 September has been updated. Sections 2(a) and 2(b) have been updated.

 

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:	(GS) GOLDMAN SACHS INTERNATIONAL
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	LONDON STOCK EXCHANGE GROUP PLC
(c) Name of the party to the offer with which exempt principal trader is connected:	LONDON STOCK EXCHANGE GROUP PLC
(d) Date dealing undertaken:	12 September 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 the offer?      If it is a cash offer or possible cash offer, state "N/A"	YES - disclosed previously for HONG KONG EXCHANGES AND CLEARING LIMITED

 

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
6 79/86 p ordinary	Purchases	608,691	72.9600 GBP	71.6200 GBP
6 79/86 p ordinary	Sales	208,810	72.9400 GBP	71.5800 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
6 79/86 p ordinary	CFD	Reducing a long position	1	71.6943 GBP
6 79/86 p ordinary	CFD	Reducing a long position	2	71.8211 GBP
6 79/86 p ordinary	CFD	Reducing a long position	6	71.9210 GBP
6 79/86 p ordinary	CFD	Reducing a long position	105	71.9989 GBP
6 79/86 p ordinary	CFD	Reducing a long position	2	72.0142 GBP
6 79/86 p ordinary	CFD	Reducing a short position	2,000	72.0247 GBP
6 79/86 p ordinary	CFD	Opening a short position	672	72.0340 GBP
6 79/86 p ordinary	CFD	Opening a short position	2,424	72.0340 GBP
6 79/86 p ordinary	CFD	Reducing a long position	1	72.0452 GBP
6 79/86 p ordinary	CFD	Reducing a long position	12	72.0563 GBP
6 79/86 p ordinary	CFD	Opening a short position	16,672	72.1080 GBP
6 79/86 p ordinary	CFD	Opening a short position	758	72.1080 GBP
6 79/86 p ordinary	CFD	Opening a short position	2,595	72.1080 GBP
6 79/86 p ordinary	CFD	Opening a short position	126	72.1080 GBP
6 79/86 p ordinary	CFD	Opening a short position	425	72.1080 GBP
6 79/86 p ordinary	CFD	Increasing a short position	1,344	72.2241 GBP
6 79/86 p ordinary	CFD	Increasing a short position	4,848	72.2241 GBP
6 79/86 p ordinary	CFD	Opening a short position	48	72.3789 GBP
6 79/86 p ordinary	CFD	Reducing a long position	196	72.3990 GBP
6 79/86 p ordinary	CFD	Reducing a long position	488	72.3991 GBP
6 79/86 p ordinary	CFD	Reducing a long position	241	72.3998 GBP
6 79/86 p ordinary	CFD	Reducing a short position	138	72.4437 GBP
6 79/86 p ordinary	CFD	Opening a long position	835	72.4437 GBP
6 79/86 p ordinary	CFD	Opening a short position	300,000	72.4768 GBP
6 79/86 p ordinary	CFD	Reducing a short position	5,200	72.4869 GBP
6 79/86 p ordinary	CFD	Increasing a short position	3,299	72.4890 GBP
6 79/86 p ordinary	CFD	Increasing a short position	2,150	72.4890 GBP
6 79/86 p ordinary	CFD	Opening a short position	10,000	72.4981 GBP
6 79/86 p ordinary	CFD	Increasing a long position	346	72.5000 GBP
6 79/86 p ordinary	CFD	Reducing a long position	835	72.5000 GBP
6 79/86 p ordinary	CFD	Reducing a short position	113	72.5200 GBP
6 79/86 p ordinary	CFD	Reducing a short position	225	72.5200 GBP
6 79/86 p ordinary	CFD	Reducing a short position	50	72.5200 GBP
6 79/86 p ordinary	CFD	Reducing a short position	44	72.5200 GBP
6 79/86 p ordinary	CFD	Reducing a short position	48	72.5200 GBP
6 79/86 p ordinary	CFD	Reducing a short position	114	72.5200 GBP
6 79/86 p ordinary	CFD	Increasing a short position	33,550	72.5407 GBP
6 79/86 p ordinary	CFD	Increasing a short position	2,017	72.5538 GBP
6 79/86 p ordinary	CFD	Increasing a short position	1,339	72.5538 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 September 2019
Contact name:	Kashif Rafiq and Papa Lette
Telephone number:	+44(20) 7051 0547 / +44(20) 7774 7442

 

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 disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.