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

AbbvieAnnouncement

16/04/2020 12:00

RNS Number : 8941J
  
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 






15/04/2020



 




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 






215,740


0.015%


2,489,826


0.169 % 







(2) 


Derivatives (other than options): 






2,055,968


0.139% 


146,148


0.01% 







(3) 


Options and agreements to purchase/sell: 






7,400


0.001% 


7,500


0.001% 




Total


2,279,108


0.154% 


2,643,474


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


                                  4,232 


81.949 USD




Purchase 


                                        1 


 79.67 USD 




 Purchase 


                                        1 


 79.68 USD 




 Purchase 


                                        2 


 79.69 USD 




 Purchase 


                                        2 


 79.75 USD 




 Purchase 


                                        3 


 79.76 USD 




 Purchase 


                                        3 


 79.77 USD 




 Purchase 


                                        1 


 79.78 USD 




 Purchase 


                                        3 


 79.79 USD 




 Purchase 


                                        1 


 79.8 USD 




 Purchase 


                                        2 


 79.81 USD 




 Purchase 


                                        6 


 79.84 USD 




 Purchase 


                                        2 


 79.86 USD 




 Purchase 


                                        2 


 79.88 USD 




 Purchase 


                                        4 


 79.9 USD 




 Purchase 


                                        5 


 79.92 USD 




 Purchase 


                                        2 


 79.93 USD 




 Purchase 


                                        1 


 79.95 USD 




 Purchase 


                                        2 


 79.96 USD 




 Purchase 


                                        4 


 79.97 USD 




 Purchase 


                                        2 


 80.03 USD 




 Purchase 


                                        4 


 80.05 USD 




 Purchase 


                                        4 


 80.09 USD 




 Purchase 


                                        8 


 80.1 USD 




 Purchase 


                                        8 


 80.14 USD 




 Purchase 


                                     100 


 80.15 USD 




 Purchase 


                                        1 


 80.16 USD 




 Purchase 


                                      88 


 80.17 USD 




 Purchase 


                                      78 


 80.18 USD 




 Purchase 


                                      89 


 80.19 USD 




 Purchase 


                                        2 


 80.2 USD 




 Purchase 


                                      87 


 80.21 USD 




 Purchase 


                                     280 


 80.23 USD 




 Purchase 


                                        2 


 80.24 USD 




 Purchase 


                                     198 


 80.27 USD 




 Purchase 


                                     204 


 80.28 USD 




 Purchase 


                                     100 


 80.285 USD 




 Purchase 


                                      87 


 80.29 USD 




 Purchase 


                                     213 


 80.3 USD 




 Purchase 


                                     200 


 80.31 USD 




 Purchase 


                                     260 


 80.32 USD 




 Purchase 


                                     163 


 80.33 USD 




 Purchase 


                                      92 


 80.34 USD 




 Purchase 


                                        4 


 80.35 USD 




 Purchase 


                                        4 


 80.38 USD 




 Purchase 


                                     134 


 80.39 USD 




 Purchase 


                                      87 


 80.4 USD 




 Purchase 


                                      91 


 80.41 USD 




 Purchase 


                                     100 


 80.42 USD 




 Purchase 


                                        4 


 80.43 USD 




 Purchase 


                                        4 


 80.47 USD 




 Purchase 


                                        1 


 80.48 USD 




 Purchase 


                                        1 


 80.49 USD 




 Purchase 


                                        6 


 80.5 USD 




 Purchase 


                                     173 


 80.53 USD 




 Purchase 


                                     204 


 80.55 USD 




 Purchase 


                                     127 


 80.56 USD 




 Purchase 


                                     173 


 80.57 USD 




 Purchase 


                                      50 


 80.6 USD 




 Purchase 


                                     136 


 80.61 USD 




 Purchase 


                                     300 


 80.614 USD 




 Purchase 


                                     146 


 80.62 USD 




 Purchase 


                                     286 


 80.63 USD 




 Purchase 


                                     101 


 80.67 USD 




 Purchase 


                                        2 


 80.68 USD 




 Purchase 


                                     260 


 80.69 USD 




 Purchase 


                                     100 


 80.73 USD 




 Purchase 


                                     200 


 80.77 USD 




 Purchase 


                                     237 


 80.79 USD 




 Purchase 


                                      86 


 80.81 USD 




 Purchase 


                                     275 


 80.82 USD 




 Purchase 


                                      86 


 80.83 USD 




 Purchase 


                                     100 


 80.84 USD 




 Purchase 


                                     173 


 80.85 USD 




 Purchase 


                                      48 


 80.87 USD 




 Purchase 


                                     201 


 81.06 USD 




 Purchase 


                                     228 


 81.8 USD 




 Purchase 


                                      10 


 81.81 USD 




 Purchase 


                                  1,897 


 81.82 USD 




 Purchase 


                                      13 


 81.87 USD 




 Purchase 


                                      10 


 81.96 USD 




 Purchase 


                                      11 


 81.97 USD 




 Purchase 


                                      10 


 82 USD 




 Purchase 


                                      14 


 82.54 USD 




 Purchase 


                                     100 


 82.565 USD 




 Purchase 


                                     200 


 82.58 USD 




 Purchase 


                                     100 


 82.595 USD 




 Purchase 


                                      12 


 82.6 USD 




 Purchase 


                                     197 


 82.61 USD 




 Purchase 


                                     200 


 82.835 USD 




 Purchase 


                                     100 


 82.85 USD 




 Purchase 


                                     100 


 82.88 USD 




 Purchase 


                                      77 


 82.91 USD 




 Purchase 


                                     200 


 82.96 USD 



 



Purchase/sale


Number of relevant securities


Price per unit (Note 4)




Sale


217


81.82 USD




Sale


1,300


82.745 USD




Sale 


1


79.69 USD




 Sale 


1


79.72 USD




 Sale 


2


79.8 USD




 Sale 


2


79.81 USD




 Sale 


1


79.87 USD




 Sale 


1


79.89 USD




 Sale 


1


79.9 USD




 Sale 


1


79.92 USD




 Sale 


2


79.96 USD




 Sale 


1


79.97 USD




 Sale 


1


79.99 USD




 Sale 


1


80 USD




 Sale 


1


80.03 USD




 Sale 


1


80.07 USD




 Sale 


1


80.12 USD




 Sale 


1


80.15 USD




 Sale 


2


80.17 USD




 Sale 


1


80.18 USD




 Sale 


2


80.22 USD




 Sale 


1


80.23 USD




 Sale 


1


80.3 USD




 Sale 


1


80.31 USD




 Sale 


1


80.35 USD




 Sale 


1


80.39 USD




 Sale 


3


80.4 USD




 Sale 


101


80.41 USD




 Sale 


100


80.411 USD




 Sale 


87


80.42 USD




 Sale 


1


80.43 USD




 Sale 


19


80.46 USD




 Sale 


1


80.51 USD




 Sale 


100


80.55 USD




 Sale 


1


80.56 USD




 Sale 


1


80.62 USD




 Sale 


1


81.45 USD




 Sale 


1


81.47 USD




 Sale 


1


81.53 USD




 Sale 


1


81.59 USD




 Sale 


189


81.74 USD




 Sale 


606


81.75 USD




 Sale 


353


81.77 USD




 Sale 


100


81.78 USD




 Sale 


1


81.79 USD




 Sale 


1,378


81.807 USD




 Sale 


29,888


81.82 USD




 Sale 


3


81.84 USD




 Sale 


164


81.85 USD




 Sale 


387


81.86 USD




 Sale 


100


81.89 USD




 Sale 


19


81.93 USD




 Sale 


174


81.94 USD




 Sale 


86


81.97 USD




 Sale 


124


81.98 USD




 Sale 


86


81.99 USD




 Sale 


180


82 USD




 Sale 


100


82.055 USD




 Sale 


72


82.06 USD




 Sale 


433


82.07 USD




 Sale 


100


82.085 USD




 Sale 


200


82.09 USD




 Sale 


100


82.095 USD




 Sale 


373


82.1 USD




 Sale 


469


82.11 USD




 Sale 


223


82.12 USD




 Sale 


100


82.14 USD




 Sale 


2


82.16 USD




 Sale 


100


82.18 USD




 Sale 


1


82.23 USD




 Sale 


200


82.26 USD




 Sale 


173


82.29 USD




 Sale 


87


82.3 USD




 Sale 


100


82.31 USD




 Sale 


100


82.32 USD




 Sale 


50


82.35 USD




 Sale 


1


82.36 USD




 Sale 


256


82.4 USD




 Sale 


278


82.42 USD




 Sale 


286


82.43 USD




 Sale 


1


82.46 USD




 Sale 


172


82.47 USD




 Sale 


180


82.48 USD




 Sale 


750


82.49 USD




 Sale 


942


82.5 USD




 Sale 


686


82.51 USD




 Sale 


300


82.52 USD




 Sale 


86


82.57 USD




 Sale 


283


82.58 USD




 Sale 


97


82.6 USD




 Sale 


358


82.61 USD




 Sale 


600


82.62 USD




 Sale 


199


82.63 USD




 Sale 


174


82.64 USD




 Sale 


274


82.65 USD




 Sale 


634


82.66 USD




 Sale 


287


82.67 USD




 Sale 


374


82.68 USD




 Sale 


371


82.69 USD




 Sale 


373


82.7 USD




 Sale 


400


82.71 USD




 Sale 


399


82.72 USD




 Sale 


50


82.73 USD




 Sale 


150


82.74 USD




 Sale 


160


82.75 USD




 Sale 


571


82.76 USD




 Sale 


101


82.77 USD




 Sale 


100


82.78 USD




 Sale 


590


82.79 USD




 Sale 


86


82.795 USD




 Sale 


200


82.8 USD




 Sale 


400


82.81 USD




 Sale 


199


82.815 USD




 Sale 


13


82.82 USD




 Sale 


187


82.825 USD




 Sale 


101


82.83 USD




 Sale 


100


82.98 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


2,354


81.82 USD




Swaps


Reducing a Long Position


139


80.146 USD




Swaps


Reducing a Short Position


1,353


81.809 USD




Swaps


Reducing a Short Position


25


81.31 USD




Swaps


Reducing a Long Position


300


80.614 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 759,000 shares


N/A 




Borrow


Borrow of 1,136,900 shares


N/A 




Borrow


Borrow of 1,731,500 shares


N/A 




Borrow


Borrow of 134,200 shares


N/A 




Borrow


Borrow of 52,600 shares


N/A 




Borrow


Borrow of 93,000 shares


N/A 




Borrow


Borrow of 4,300 shares


N/A 




Borrow


Borrow of 589,800 shares


N/A 




Loan


Loan of 4,300 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


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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