REG - BkofA Merrill Lynch AbbVie Inc. - Form 38.5 (b) - AbbVie Inc

AbbvieAnnouncement

15/04/2020 12:30

RNS Number : 7427J
  
Bank of America Merrill Lynch
  
15 April 2020
  
 


FORM 38.5(b)
 
IRISH TAKEOVER PANEL



DISCLOSURE UNDER RULE 38.5(b) OF THE IRISH TAKEOVER PANEL ACT, 1997,

TAKEOVER RULES, 2013



DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITHOUT

RECOGNISED INTERMEDIARY STATUS, OR WITH RECOGNIZED INTERMEDIARY

STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY 
 




1.


KEY INFORMATION










Name of exempt principal trader 






BofA Securities, Inc.







Company dealt in 






AbbVie Inc







Class of relevant security to which the

dealings being disclosed relate(Note 1) 






Common - US00287Y1091







Date of dealing 






14/04/2020



 




2.


INTERESTS AND SHORT POSITIONS









(a)


Interests and short positions (following dealing) in the class of relevant security

dealt in (Note 2) 







Class of relevant security: Common


US00287Y1091








Long


Short




Number


%


Number


%







(1) 


Relevant securities 






244,725


0.017% 


2,482,185


0.168 % 







(2) 


Derivatives (other than options): 






2,054,053


0.139% 


147,526


0.01% 







(3) 


Options and agreements to purchase/sell: 






7,400


0.001% 


7,500


0.001% 




Total


2,306,178


0.156% 


2,637,211


0.179% 



 




(b)


Interests and short positions in relevant securities of the company, other than the

class dealt in (Note 2) 








Class of relevant security: 












Long


Short




Number


%


Number


%







(1) 


Relevant securities 






0 


0% 


0 


0% 







(2) 


Derivatives (other than options): 






0 


0% 


0 


0% 







(3) 


Options and agreements to purchase/sell: 






0 


0% 


0 


0% 




Total


0 


0% 


0 


0% 








3.


DEALINGS (Note 3)








(a)


Purchases and sales







Purchase/sale


Number of relevant securities


Price per unit (Note 4) 




Purchase


    61,518 


 80.3 USD 




Purchase


        273 


 81.78 USD 




Purchase


        200 


 81.8 USD 




Purchase


          87 


 81.81 USD 




Purchase


        159 


 81.829 USD 




Purchase


        141 


 81.83 USD 




Purchase


        100 


 81.85 USD 




Purchase


          87 


 81.86 USD 




Purchase


        150 


 81.87 USD 




Purchase


          37 


 81.88 USD 




Purchase


        173 


 81.89 USD 




Purchase


        746 


 81.91 USD 




Purchase


        113 


 81.92 USD 




Purchase


          87 


 81.95 USD 




Purchase


        401 


 81.96 USD 




Purchase


            1 


 81.97 USD 




Purchase


          25 


 81.975 USD 




Purchase


        200 


 81.98 USD 




Purchase


            4 


 81.985 USD 




Purchase


        300 


 81.99 USD 




Purchase


        200 


 82 USD 




Purchase


            1 


 82.01 USD 




Purchase


        128 


 82.03 USD 




Purchase


        173 


 82.05 USD 




Purchase


          87 


 82.06 USD 




Purchase


        290 


 82.08 USD 




Purchase


        654 


 82.11 USD 




Purchase


        100 


 82.115 USD 




Purchase


        500 


 82.12 USD 




Purchase


    18,225 


 82.13 USD 




Purchase


        428 


 82.14 USD 




Purchase


        827 


 82.15 USD 




Purchase


        100 


 82.155 USD 




Purchase


        800 


 82.16 USD 




Purchase


        709 


 82.17 USD 




Purchase


        100 


 82.175 USD 




Purchase


        710 


 82.18 USD 




Purchase


     1,390 


 82.19 USD 




Purchase


        238 


 82.2 USD 




Purchase


            2 


 82.29 USD 




Purchase


            2 


 82.31 USD 




Purchase


          13 


 82.33 USD 




Purchase


            6 


 82.34 USD 




Purchase


            4 


 82.36 USD 




Purchase


            2 


 82.38 USD 




Purchase


            2 


 82.39 USD 




Purchase


            7 


 82.4 USD 




Purchase


            2 


 82.405 USD 




Purchase


            2 


 82.42 USD 




Purchase


            2 


 82.43 USD 




Purchase


            2 


 82.45 USD 




Purchase


            2 


 82.475 USD 




Purchase


            4 


 82.48 USD 




Purchase


            3 


 82.495 USD 




Purchase


            2 


 82.5 USD 




Purchase


            3 


 82.51 USD 




Purchase


            2 


 82.53 USD 




Purchase


            2 


 82.55 USD 




Purchase


            2 


 82.56 USD 




Purchase


            2 


 82.57 USD 




Purchase


            8 


 82.58 USD 




Purchase


            8 


 82.59 USD 




Purchase


            2 


 82.6 USD 




Purchase


            2 


 82.61 USD 




Purchase


            8 


 82.62 USD 




Purchase


            3 


 82.63 USD 




Purchase


            4 


 82.64 USD 




Purchase


            8 


 82.65 USD 




Purchase


            2 


 82.66 USD 




Purchase


            3 


 82.67 USD 




Purchase


            2 


 82.68 USD 




Purchase


            4 


 82.69 USD 




Purchase


            6 


 82.7 USD 




Purchase


          64 


 82.76 USD 




Purchase


                                       36 


 82.13 USD 




Purchase


                                  5,114 


 82.384 USD 



 



Purchase/sale


Number of relevant securities


Price per unit (Note 4) 




Sale 


    61,994 


 80.3 USD 




 Sale 


            1 


 81.45 USD 




 Sale 


            1 


 81.49 USD 




 Sale 


        401 


 81.56 USD 




 Sale 


        100 


 81.565 USD 




 Sale 


        300 


 81.57 USD 




 Sale 


        200 


 81.59 USD 




 Sale 


        200 


 81.595 USD 




 Sale 


            1 


 81.6 USD 




 Sale 


        100 


 81.61 USD 




 Sale 


            1 


 81.69 USD 




 Sale 


          13 


 81.75 USD 




 Sale 


          86 


 81.76 USD 




 Sale 


        200 


 81.765 USD 




 Sale 


          86 


 81.78 USD 




 Sale 


        100 


 81.79 USD 




 Sale 


        260 


 81.8 USD 




 Sale 


        386 


 81.81 USD 




 Sale 


        174 


 81.815 USD 




 Sale 


            2 


 81.82 USD 




 Sale 


            1 


 81.85 USD 




 Sale 


            1 


 81.87 USD 




 Sale 


        200 


 81.872 USD 




 Sale 


        156 


 81.89 USD 




 Sale 


            3 


 81.94 USD 




 Sale 


            1 


 81.95 USD 




 Sale 


            2 


 81.97 USD 




 Sale 


            1 


 81.98 USD 




 Sale 


        386 


 81.99 USD 




 Sale 


        783 


 82 USD 




 Sale 


        699 


 82.01 USD 




 Sale 


          22 


 82.02 USD 




 Sale 


        102 


 82.03 USD 




 Sale 


          19 


 82.04 USD 




 Sale 


        208 


 82.05 USD 




 Sale 


        493 


 82.06 USD 




 Sale 


        274 


 82.07 USD 




 Sale 


        100 


 82.09 USD 




 Sale 


        185 


 82.1 USD 




 Sale 


        126 


 82.11 USD 




 Sale 


            2 


 82.12 USD 




 Sale 


        478 


 82.13 USD 




 Sale 


          26 


 82.14 USD 




 Sale 


          68 


 82.141 USD 




 Sale 


            1 


 82.15 USD 




 Sale 


        156 


 82.16 USD 




 Sale 


        233 


 82.17 USD 




 Sale 


        649 


 82.18 USD 




 Sale 


        385 


 82.19 USD 




 Sale 


        757 


 82.2 USD 




 Sale 


        406 


 82.21 USD 




 Sale 


        530 


 82.22 USD 




 Sale 


        422 


 82.23 USD 




 Sale 


        176 


 82.24 USD 




 Sale 


            1 


 82.25 USD 




 Sale 


        739 


 82.26 USD 




 Sale 


        479 


 82.27 USD 




 Sale 


            2 


 82.275 USD 




 Sale 


        575 


 82.28 USD 




 Sale 


        469 


 82.29 USD 




 Sale 


            1 


 82.295 USD 




 Sale 


     1,078 


 82.3 USD 




 Sale 


     1,924 


 82.31 USD 




 Sale 


          86 


 82.315 USD 




 Sale 


     1,021 


 82.32 USD 




 Sale 


          89 


 82.325 USD 




 Sale 


        411 


 82.33 USD 




 Sale 


            9 


 82.335 USD 




 Sale 


     1,026 


 82.34 USD 




 Sale 


        100 


 82.345 USD 




 Sale 


        487 


 82.35 USD 




 Sale 


        202 


 82.36 USD 




 Sale 


        424 


 82.37 USD 




 Sale 


          19 


 82.38 USD 




 Sale 


        667 


 82.39 USD 




 Sale 


        100 


 82.4 USD 




 Sale 


        100 


 82.42 USD 




 Sale 


            7 


 82.43 USD 




 Sale 


            7 


 82.44 USD 




 Sale 


            7 


 82.46 USD 




 Sale 


            8 


 82.47 USD 




 Sale 


            1 


 82.49 USD 




 Sale 


        108 


 82.51 USD 




 Sale 


          87 


 82.52 USD 




 Sale 


        186 


 82.53 USD 




 Sale 


          95 


 82.54 USD 




 Sale 


        610 


 82.55 USD 




 Sale 


        406 


 82.56 USD 




 Sale 


        273 


 82.565 USD 




 Sale 


          17 


 82.57 USD 




 Sale 


            8 


 82.58 USD 




 Sale 


            7 


 82.59 USD 




 Sale 


          15 


 82.6 USD 




 Sale 


        139 


 82.61 USD 




 Sale 


        187 


 82.62 USD 




 Sale 


            7 


 82.63 USD 




 Sale 


        839 


 82.64 USD 




 Sale 


        169 


 82.65 USD 




 Sale 


          94 


 82.66 USD 




 Sale 


        102 


 82.67 USD 




 Sale 


        803 


 82.68 USD 




 Sale 


        570 


 82.69 USD 




 Sale 


        100 


 82.695 USD 




 Sale 


        354 


 82.7 USD 




 Sale 


        380 


 82.71 USD 




 Sale 


        100 


 82.72 USD 




 Sale 


        623 


 82.73 USD 




 Sale 


        100 


 82.74 USD 




 Sale 


            5 


 82.75 USD 




 Sale 


            2 


 82.76 USD 




 Sale 


        173 


 82.8 USD 




Sale 


                                     157 


 82.11 USD 




Sale 


                                 17,814 


 82.13 USD 




Sale 


                                     200 


 82.15 USD 




Sale 


                                  5,500 


 82.155 USD 




Sale 


                                     200 


 82.16 USD 




Sale 


                                     200 


 82.17 USD 




Sale 


                                     100 


 82.175 USD 




Sale 


                                     110 


 82.18 USD 




Sale 


                                     490 


 82.19 USD 




Sale 


                                       38 


 82.2 USD 



 



(b)


Derivatives transactions (other than options transactions) 







Product name,

e.g. CFD 


Nature of transaction

(Note 5)


Number of relevant securities
(Note 6)


Price per unit

(Note 4)




Swaps


Increasing a Long Position


129,175


80.3 USD




Swaps


Reducing a Short Position


42


82.14 USD




Swaps


Reducing a Short Position


26


82.14 USD




Swaps


Increasing a Long Position


353


82.13 USD




Swaps


Increasing a Long Position


200


81.871 USD



 



(c)


Options transactions in respect of existing relevant securities 







(i)


Writing, selling, purchasing or varying







Product name, e.g. call option


Writing, selling, purchasing, varying etc.


Number of securities to which the option relates (Note 7)


Exercise price


Type, e.g. American, European etc


Expiry date


Option money paid/ received per unit (Note 4)




N/A


N/A


N/A


N/A


N/A


N/A


N/A



 



(ii)


Exercising







Product name,

e.g. call option 


Number of securities


Exercise price per

unit (Note 4)




N/A


N/A


N/A



 



(d)


Other dealings (including transactions in respect of new securities) (Note 3) 







Nature or transaction
(Note 7)


Details


Price per unit

(if applicable) (Note 4)


















Borrow


Borrow of 463,000 shares


N/A 




Borrow


Borrow of 137,700 shares


N/A 




Borrow


Borrow of 17,800 shares


N/A 



 



4.


OTHER INFORMATION



 
Agreements, arrangements or understandings relating to options or derivatives 
 



Full details of any agreement, arrangement or understanding between the person

disclosing and any other person relating to the voting rights of any relevant

securities under any option referred to on this form or relating to the voting rights

or future acquisition or disposal of any relevant securities to which any derivative

referred to on this form is referenced. If none, this should be stated. 




None 



 



Is a Supplemental Form 38.5(b) attached? (Note 8)


YES



 



Date of disclosure


15/04/2020




Contact name


Tolu Tade




Telephone number


+44207 996 3410




Name of offeree/offeror with which connected 


AbbVie Inc




Nature of connection (Note 9)


Advisor to - AbbVie Inc



 
SUPPLEMENTAL FORM 38.5(b)

DISCLOSURE UNDER RULE 38.5 (b) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013
 
DETAILS OF OPEN POSITIONS
 



Product name,

e.g. call option


Written or

purchased


Number of securities to which the option or derivative relates


Exercise price

(Note 2)


Type, e.g.

American,

European etc


Expiry date




Call Option 


 Written 


     7,500 


105 USD


 American 


15/01/2021




 Call Option 


 Purchased 


     7,400 


 85 USD 


 American 


15/01/2021



 
 
 
 


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