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

AbbvieAnnouncement

16/04/2020 11:05

RNS Number : 8792J
  
Bank of America Merrill Lynch
  
16 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 






09/04/2020



 




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 






178,955


0.037% 


2,445,568


0.166 % 







(2) 


Derivatives (other than options): 






1,923,977


0.127% 


149,338


0.035% 







(3) 


Options and agreements to purchase/sell: 






7,400


0.001% 


7,500


0.001% 




Total


2,110,332


0.143% 


2,602,406


0.176% 



 




(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


5,196


79.74 USD




Purchase


                  421,635 


78.56 USD




Purchase


                        100 


78.82 USD




Purchase


                        200 


78.83 USD




Purchase


                            2 


78.89 USD




Purchase


                        100 


78.92 USD




Purchase


                            2 


78.98 USD




Purchase


                        100 


79 USD




Purchase


                        151 


79.01 USD




Purchase


                          22 


79.02 USD




Purchase


                          87 


79.05 USD




Purchase


                        277 


79.07 USD




Purchase


                        191 


79.08 USD




Purchase


                        467 


79.1 USD




Purchase


                        495 


79.11 USD




Purchase


                        673 


79.12 USD




Purchase


                        556 


79.13 USD




Purchase


                        127 


79.14 USD




Purchase


                          86 


79.15 USD




Purchase


                        363 


79.16 USD




Purchase


                        114 


79.17 USD




Purchase


                        115 


79.18 USD




Purchase


                          34 


79.19 USD




Purchase


                          70 


79.2 USD




Purchase


                        374 


79.21 USD




Purchase


                        104 


79.22 USD




Purchase


                        253 


79.25 USD




Purchase


                        888 


79.26 USD




Purchase


                        361 


79.27 USD




Purchase


                        514 


79.28 USD




Purchase


                        152 


79.29 USD




Purchase


                          87 


79.3 USD




Purchase


                          94 


79.31 USD




Purchase


                        286 


79.32 USD




Purchase


                        386 


79.33 USD




Purchase


                        238 


79.34 USD




Purchase


                        673 


79.35 USD




Purchase


                        419 


79.36 USD




Purchase


                        333 


79.37 USD




Purchase


                        310 


79.38 USD




Purchase


                        302 


79.39 USD




Purchase


                        455 


79.4 USD




Purchase


                        488 


79.41 USD




Purchase


                        359 


79.42 USD




Purchase


                        101 


79.43 USD




Purchase


                        731 


79.44 USD




Purchase


                        916 


79.45 USD




Purchase


                          27 


79.46 USD




Purchase


                        121 


79.47 USD




Purchase


                        558 


79.48 USD




Purchase


                     1,169 


79.49 USD




Purchase


                        716 


79.5 USD




Purchase


                        823 


79.51 USD




Purchase


                        785 


79.52 USD




Purchase


                        710 


79.53 USD




Purchase


                        309 


79.54 USD




Purchase


                        488 


79.55 USD




Purchase


                     1,003 


79.56 USD




Purchase


                        502 


79.57 USD




Purchase


                     1,243 


79.58 USD




Purchase


                          86 


79.585 USD




Purchase


                        748 


79.59 USD




Purchase


                     1,166 


79.6 USD




Purchase


                            1 


79.605 USD




Purchase


                        879 


79.61 USD




Purchase


                     1,236 


79.62 USD




Purchase


                        136 


79.627 USD




Purchase


                     1,500 


79.63 USD




Purchase


                        599 


79.64 USD




Purchase


                     1,250 


79.65 USD




Purchase


                        739 


79.66 USD




Purchase


                        456 


79.67 USD




Purchase


                        307 


79.68 USD




Purchase


                        364 


79.69 USD




Purchase


                        169 


79.7 USD




Purchase


                        371 


79.71 USD




Purchase


                        802 


79.72 USD




Purchase


                     1,197 


79.73 USD




Purchase


                        444 


79.74 USD




Purchase


                    33,899 


79.75 USD




Purchase


                        517 


79.76 USD




Purchase


                          92 


79.77 USD




Purchase


                        408 


79.78 USD




Purchase


                        994 


79.79 USD




Purchase


                        580 


79.8 USD




Purchase


                        561 


79.81 USD




Purchase


                        453 


79.82 USD




Purchase


                        244 


79.83 USD




Purchase


                     4,226 


79.84 USD




Purchase


                        288 


79.85 USD




Purchase


                        183 


79.86 USD




Purchase


                        442 


79.87 USD




Purchase


                        143 


79.88 USD




Purchase


                        159 


79.89 USD




Purchase


                        141 


79.9 USD




Purchase


                        267 


79.91 USD




Purchase


                        358 


79.92 USD




Purchase


                        329 


79.93 USD




Purchase


                        157 


79.94 USD




Purchase


                        147 


79.95 USD




Purchase


                          63 


79.96 USD




Purchase


                        291 


79.97 USD




Purchase


                        146 


79.98 USD




Purchase


                          63 


79.99 USD




Purchase


                        165 


80 USD




Purchase


                        129 


80.02 USD




Purchase


                            3 


80.03 USD




Purchase


                        100 


80.04 USD




Purchase


                        100 


80.06 USD












 
 



Purchase/sale


Number of relevant securities


Price per unit (Note 4)




Sale


                  421,599 


78.56 USD




Sale


                            3 


78.82 USD




Sale


                            3 


78.92 USD




Sale


                          99 


78.99 USD




Sale


                            3 


79.04 USD




Sale


                            4 


79.05 USD




Sale


                        101 


79.06 USD




Sale


                        159 


79.061 USD




Sale


                            3 


79.07 USD




Sale


                            3 


79.14 USD




Sale


                            3 


79.15 USD




Sale


                            7 


79.16 USD




Sale


                            3 


79.17 USD




Sale


                            3 


79.18 USD




Sale


                        263 


79.2 USD




Sale


                        113 


79.201 USD




Sale


                        204 


79.23 USD




Sale


                        259 


79.25 USD




Sale


                        200 


79.26 USD




Sale


                        215 


79.28 USD




Sale


                        484 


79.29 USD




Sale


                        290 


79.3 USD




Sale


                          65 


79.33 USD




Sale


                          86 


79.34 USD




Sale


                          88 


79.35 USD




Sale


                          57 


79.36 USD




Sale


                        259 


79.37 USD




Sale


                        616 


79.4 USD




Sale


                        104 


79.41 USD




Sale


                        566 


79.42 USD




Sale


                        120 


79.43 USD




Sale


                        479 


79.44 USD




Sale


                        460 


79.45 USD




Sale


                        480 


79.46 USD




Sale


                        100 


79.465 USD




Sale


                        367 


79.47 USD




Sale


                        206 


79.48 USD




Sale


                        100 


79.485 USD




Sale


                        260 


79.49 USD




Sale


                        190 


79.5 USD




Sale


                        364 


79.51 USD




Sale


                        662 


79.52 USD




Sale


                     1,019 


79.53 USD




Sale


                        648 


79.54 USD




Sale


                        801 


79.55 USD




Sale


                        504 


79.56 USD




Sale


                        418 


79.57 USD




Sale


                        449 


79.58 USD




Sale


                        100 


79.595 USD




Sale


                        273 


79.6 USD




Sale


                        282 


79.61 USD




Sale


                        803 


79.62 USD




Sale


                        570 


79.63 USD




Sale


                     1,544 


79.64 USD




Sale


                        100 


79.645 USD




Sale


                        336 


79.65 USD




Sale


                     1,145 


79.66 USD




Sale


                        402 


79.67 USD




Sale


                          27 


79.679 USD




Sale


                        200 


79.68 USD




Sale


                        101 


79.69 USD




Sale


                        232 


79.7 USD




Sale


                        339 


79.71 USD




Sale


                        810 


79.72 USD




Sale


                        101 


79.73 USD




Sale


                        394 


79.74 USD




Sale


                    10,546 


79.75 USD




Sale


                     1,253 


79.76 USD




Sale


                        511 


79.77 USD




Sale


                        469 


79.78 USD




Sale


                        262 


79.79 USD




Sale


                        522 


79.8 USD




Sale


                        760 


79.81 USD




Sale


                        474 


79.82 USD




Sale


                          87 


79.83 USD




Sale


                     3,757 


79.84 USD




Sale


                        658 


79.85 USD




Sale


                        685 


79.86 USD




Sale


                        502 


79.87 USD




Sale


                            2 


79.871 USD




Sale


                            4 


79.88 USD




Sale


                          64 


79.89 USD




Sale


                        202 


79.9 USD




Sale


                          87 


79.92 USD




Sale


                            1 


79.93 USD




Sale


                        109 


79.94 USD




Sale


                            1 


79.95 USD




Sale


                        173 


79.96 USD




Sale


                          86 


79.97 USD




Sale


                          62 


79.98 USD




Sale


                        273 


79.99 USD




Sale


8,006


79.75 USD




Sale


100


79.83 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


Opening a long position


27


79.678 USD




Swaps


Increasing a long position


10,198


79.746 USD




Swaps


Reducing a long position


58,338


78.56 USD




Swaps


Closing a Short Position


2,326


79.75 USD




Swaps


Reducing a short position


2,985


79.75 USD




Swaps


Reducing a long position


20,669


79.75 USD




Swaps


Increasing a short position


363,261


78.56 USD




Swaps


Reducing a long position


136


79.651 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)


















N/A 


N/A 


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


16/04/2020




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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