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

AbbvieAnnouncement

22/04/2020 12:25

RNS Number : 5054K
  
Bank of America Merrill Lynch
  
22 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 






21/04/2020



 




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 






217,300


0.015% 


2,687,299


0.182 % 







(2) 


Derivatives (other than options): 






2,171,641


0.147% 


137,740


0.009% 







(3) 


Options and agreements to purchase/sell: 






7,400


0.001% 


7,500


0.001% 




Total


2,396,341


0.162% 


2,832,539


0.192% 



 




(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


                                        9 


 82.67 USD 




Purchase


                                      11 


 82.7 USD 




Purchase


                                      10 


 82.71 USD 




Purchase


                                        6 


 82.72 USD 




Purchase


                                      21 


 82.76 USD 




Purchase


                                      17 


 83.99 USD 




Purchase


                                      87 


 81.52 USD 




Purchase


                                  1,989 


 80.36 USD 




Purchase


                                     100 


 80.61 USD 




Purchase


                                     237 


 80.85 USD 




Purchase


                                     202 


 80.79 USD 




Purchase


                                     109 


 80.62 USD 




Purchase


                                     136 


 80.2 USD 




Purchase


                                     660 


 80.22 USD 




Purchase


                                      49 


 80.58 USD 




Purchase


                                     126 


 80.92 USD 




Purchase


                                        2 


 81.05 USD 




Purchase


                                      17 


 82.69 USD 




Purchase


                                        1 


 81.69 USD 




Purchase


                                     427 


 80.82 USD 




Purchase


                                     255 


 80.75 USD 




Purchase


                                     400 


 80.86 USD 




Purchase


                                     513 


 80.77 USD 




Purchase


                                     410 


 80.69 USD 




Purchase


                                     100 


 80.6 USD 




Purchase


                                     139 


 80.56 USD 




Purchase


                                      22 


 80.44 USD 




Purchase


                                     226 


 80.57 USD 




Purchase


                                     642 


 80.59 USD 




Purchase


                                     338 


 80.54 USD 




Purchase


                                     274 


 80.52 USD 




Purchase


                                     196 


 80.55 USD 




Purchase


                                     232 


 80.5 USD 




Purchase


                                     193 


 80.555 USD 




Purchase


                                     102 


 80.46 USD 




Purchase


                                      39 


 80.37 USD 




Purchase


                                        2 


 80.42 USD 




Purchase


                                     706 


 80.53 USD 




Purchase


                                      22 


 80.43 USD 




Purchase


                                     100 


 80.48 USD 




Purchase


                                     185 


 80.51 USD 




Purchase


                                      59 


 80.39 USD 




Purchase


                                     360 


 80.64 USD 




Purchase


                                     400 


 80.63 USD 




Purchase


                                      55 


 80.67 USD 




Purchase


                                     200 


 80.78 USD 




Purchase


                                     234 


 80.7 USD 




Purchase


                                     351 


 80.76 USD 




Purchase


                                     358 


 80.65 USD 




Purchase


                                     131 


 80.68 USD 




Purchase


                                     978 


 80.71 USD 




Purchase


                                     569 


 80.73 USD 




Purchase


                                     434 


 80.74 USD 




Purchase


                                     300 


 80.72 USD 




Purchase


                                     246 


 80.81 USD 




Purchase


                                     313 


 80.87 USD 




Purchase


                                     131 


 80.8 USD 




Purchase


                                     166 


 80.97 USD 




Purchase


                                     148 


 80.9 USD 




Purchase


                                     106 


 80.95 USD 




Purchase


                                     500 


 80.94 USD 




Purchase


                                     333 


 80.89 USD 




Purchase


                                     527 


 80.88 USD 




Purchase


                                     200 


 80.93 USD 




Purchase


                                     205 


 80.84 USD 




Purchase


                                     102 


 81.01 USD 




Purchase


                                     268 


 80.91 USD 




Purchase


                                      39 


 81.03 USD 




Purchase


                                     200 


 81.09 USD 




Purchase


                                     141 


 81.13 USD 




Purchase


                                     200 


 80.99 USD 




Purchase


                                        2 


 81.02 USD 




Purchase


                                  1,461 


 80.554 USD 




Purchase


                                     123 


 81 USD 




Purchase


                                  1,035 


 80.66 USD 




Purchase


                                     300 


 80.819 USD 




Purchase


                                      37 


 80.41 USD 




Purchase


                                     125 


 80.49 USD 




Purchase


                                      78 


 80.665 USD 




Purchase


                                      11 


 80.96 USD 




Purchase


                                      40 


 81.16 USD 




Purchase


                                     100 


 81.21 USD 




Purchase


                                     102 


 81.14 USD 




Purchase


                                     100 


 81.15 USD 




Purchase


                                     100 


 81.08 USD 




Purchase


                                     200 


 81.11 USD 




Purchase


                                     148 


 81.06 USD 




Purchase


                                     139 


 81.07 USD 




Purchase


                                        2 


 81.17 USD 




Purchase


                                     100 


 81.22 USD 




Purchase


                                     102 


 81.24 USD 




Purchase


                                        2 


 81.23 USD 




Purchase


                                        2 


 81.2 USD 




Purchase


                                     100 


 81.18 USD 




Purchase


                                     119 


 80.19 USD 




Purchase


                                     188 


 80.29 USD 




Purchase


                                      37 


 80.34 USD 




Purchase


                                     100 


 80.3 USD 




Purchase


                                     221 


 80.21 USD 




Purchase


                                     258 


 80.23 USD 




Purchase


                                     145 


 80.18 USD 




Purchase


                                     175 


 80.28 USD 




Purchase


                                     450 


 80.27 USD 




Purchase


                                      13 


 80.225 USD 




Purchase


                                     103 


 80.25 USD 




Purchase


                                     186 


 80.235 USD 




Purchase


                                     576 


 80.24 USD 




Purchase


                                      37 


 80.17 USD 




Purchase


                                     174 


 80.31 USD 




Purchase


                                        2 


 80.13 USD 




Purchase


                                        2 


 80.16 USD 




Purchase


                                     100 


 80.08 USD 




Purchase


                                     100 


 80.33 USD 




Purchase


                                        2 


 81.5 USD 




Purchase


                                     138 


 81.29 USD 




Purchase


                                      37 


 81.36 USD 




Purchase


                                        2 


 81.44 USD 




Purchase


                                     100 


 81.62 USD 




Purchase


                                     100 


 81.56 USD 




Purchase


                                     200 


 81.45 USD 




Purchase


                                        3 


 81.67 USD 




Purchase


                                     100 


 81.72 USD 




Purchase


                                     100 


 81.65 USD 




Purchase


                                        1 


 81.75 USD 




Purchase


                                        1 


 81.83 USD 




Purchase


                                        1 


 81.8 USD 




Purchase


                                        1 


 81.93 USD 




Purchase


                                      22 


 81.95 USD 




Purchase


                                        1 


 81.94 USD 




Purchase


                                        1 


 81.92 USD 




Purchase


                                        2 


 81.91 USD 




Purchase


                                        1 


 81.88 USD 




Purchase


                                        1 


 81.76 USD 




Purchase


                                      50 


 81.7 USD 




Purchase


                                     140 


 81.68 USD 




Purchase


                                     725 


 82.045 USD 




Purchase


                                      37 


 82.15 USD 




Purchase


                                      59 


 82.31 USD 




Purchase


                                        9 


 82.3 USD 




Purchase


                                        1 


 82.27 USD 




Purchase


                                        1 


 82.42 USD 




Purchase


                                        1 


 82.02 USD 




Purchase


                                        1 


 82.03 USD 




Purchase


                                        1 


 81.98 USD 




Purchase


                                        4 


 82.17 USD 




Purchase


                                        1 


 81.97 USD 




Purchase


                                      43 


 82.26 USD 




Purchase


                                      14 


 82.61 USD 




Purchase


                                        2 


 82.23 USD 




Purchase


                                      39 


 82.45 USD 




Purchase


                                        2 


 82.79 USD 




Purchase


                                      37 


 82.01 USD 




Purchase


                                        2 


 81.46 USD 




Purchase


                                        2 


 81.43 USD 




Purchase


                                      12 


 82.6 USD 




Purchase


                                        2 


 82.49 USD 




Purchase


                                      12 


 82.59 USD 




Purchase


                                        3 


 82.73 USD 




Purchase


                                  1,302 


 80.36 USD 




Purchase


                                  5,196 


 80.89 USD 




Purchase


                                  5,171 


 80.612 USD 




Purchase


                                  4,870 


 80.357 USD 




Purchase


                                  1,952 


 80.424 USD 



 
 



Purchase/sale


Number of relevant securities


Price per unit (Note 4) 




Sale 


                                      17 


 83.99 USD 




Sale 


                                  1,968 


 80.36 USD 




Sale 


                                     115 


 80.61 USD 




Sale 


                                        3 


 80.85 USD 




Sale 


                                     537 


 80.79 USD 




Sale 


                                      87 


 80.62 USD 




Sale 


                                      15 


 80.2 USD 




Sale 


                                     363 


 80.22 USD 




Sale 


                                     773 


 80.58 USD 




Sale 


                                     309 


 80.92 USD 




Sale 


                                     100 


 81.05 USD 




Sale 


                                     113 


 80.82 USD 




Sale 


                                     558 


 80.75 USD 




Sale 


                                     656 


 80.77 USD 




Sale 


                                     308 


 80.69 USD 




Sale 


                                     453 


 80.6 USD 




Sale 


                                     357 


 80.56 USD 




Sale 


                                      26 


 80.44 USD 




Sale 


                                     420 


 80.57 USD 




Sale 


                                     624 


 80.59 USD 




Sale 


                                     221 


 80.54 USD 




Sale 


                                      50 


 80.52 USD 




Sale 


                                     234 


 80.55 USD 




Sale 


                                     226 


 80.45 USD 




Sale 


                                     162 


 80.47 USD 




Sale 


                                     344 


 80.5 USD 




Sale 


                                     290 


 80.46 USD 




Sale 


                                     387 


 80.37 USD 




Sale 


                                     137 


 80.42 USD 




Sale 


                                     103 


 80.53 USD 




Sale 


                                     190 


 80.43 USD 




Sale 


                                  1,134 


 80.48 USD 




Sale 


                                     367 


 80.51 USD 




Sale 


                                     242 


 80.38 USD 




Sale 


                                     395 


 80.4 USD 




Sale 


                                     355 


 80.39 USD 




Sale 


                                     100 


 80.64 USD 




Sale 


                                     103 


 80.63 USD 




Sale 


                                     173 


 80.565 USD 




Sale 


                                  1,334 


 80.67 USD 




Sale 


                                     608 


 80.78 USD 




Sale 


                                     567 


 80.7 USD 




Sale 


                                     359 


 80.76 USD 




Sale 


                                     670 


 80.65 USD 




Sale 


                                     453 


 80.68 USD 




Sale 


                                  1,300 


 80.71 USD 




Sale 


                                  1,179 


 80.73 USD 




Sale 


                                     116 


 80.74 USD 




Sale 


                                  1,416 


 80.72 USD 




Sale 


                                     408 


 80.81 USD 




Sale 


                                     214 


 80.83 USD 




Sale 


                                     100 


 80.8 USD 




Sale 


                                     314 


 80.9 USD 




Sale 


                                     486 


 80.95 USD 




Sale 


                                     123 


 80.94 USD 




Sale 


                                     100 


 80.89 USD 




Sale 


                                     158 


 80.88 USD 




Sale 


                                     387 


 80.93 USD 




Sale 


                                     176 


 80.84 USD 




Sale 


                                      86 


 81.01 USD 




Sale 


                                     454 


 80.91 USD 




Sale 


                                      87 


 81.03 USD 




Sale 


                                      87 


 80.99 USD 




Sale 


                                  1,913 


 80.66 USD 




Sale 


                                     550 


 80.41 USD 




Sale 


                                     107 


 80.49 USD 




Sale 


                                     100 


 80.695 USD 




Sale 


                                      27 


 80.96 USD 




Sale 


                                        3 


 80.685 USD 




Sale 


                                     114 


 80.725 USD 




Sale 


                                     173 


 81.11 USD 




Sale 


                                      86 


 80.845 USD 




Sale 


                                     100 


 81.07 USD 




Sale 


                                        1 


 80.915 USD 




Sale 


                                      51 


 80.405 USD 




Sale 


                                     173 


 80.19 USD 




Sale 


                                     286 


 80.34 USD 




Sale 


                                     100 


 80.305 USD 




Sale 


                                     160 


 80.3 USD 




Sale 


                                     101 


 80.21 USD 




Sale 


                                     260 


 80.23 USD 




Sale 


                                     173 


 80.18 USD 




Sale 


                                      50 


 80.27 USD 




Sale 


                                      95 


 80.195 USD 




Sale 


                                     174 


 80.25 USD 




Sale 


                                     605 


 80.24 USD 




Sale 


                                     511 


 80.26 USD 




Sale 


                                     100 


 80.245 USD 




Sale 


                                      86 


 81.36 USD 




Sale 


                                     173 


 81.58 USD 




Sale 


                                  1,452 


 80.826 USD 




Sale 


                                     226 


 82.43 USD 




Sale 


                                     725 


 82.045 USD 




Sale 


                                     113 


 82.13 USD 




Sale 


                                     483 


 82.25 USD 




Sale 


                                      86 


 82.14 USD 




Sale 


                                     222 


 82.22 USD 




Sale 


                                     273 


 82.44 USD 




Sale 


                                      87 


 82.21 USD 




Sale 


                                     100 


 82.32 USD 




Sale 


                                     172 


 82.3 USD 




Sale 


                                     360 


 82.36 USD 




Sale 


                                     269 


 82.28 USD 




Sale 


                                     234 


 82.42 USD 




Sale 


                                     101 


 82.46 USD 




Sale 


                                     200 


 82.4 USD 




Sale 


                                     174 


 82.39 USD 




Sale 


                                     101 


 82.26 USD 




Sale 


                                      86 


 82.29 USD 




Sale 


                                     117 


 82.23 USD 




Sale 


                                     160 


 82.24 USD 




Sale 


                                     187 


 82.38 USD 




Sale 


                                     105 


 82.49 USD 




Sale 


                                     200 


 82.37 USD 




Sale 


                                        7 


 82.48 USD 




Sale 


                                     274 


 82.41 USD 




Sale 


                                  1,130 


 81.269 USD 




Sale 


                                      87 


 82.35 USD 




Sale 


                                      73 


 82.281 USD 




Sale 


                                  6,840 


 80.36 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


Reducing a Long Position


1,724


81.086 USD




Swaps


Reducing a Long Position


100


80.819 USD




Swaps


Reducing a Long Position


200


80.819 USD




Swaps


Reducing a Short Position


222


80.822 USD




Swaps


Reducing a Short Position


68


80.822 USD




Swaps


Reducing a Short Position


6


80.559 USD




Swaps


Reducing a Short Position


6


80.559 USD




Swaps


Reducing a Short Position


299


80.822 USD




Swaps


Reducing a Short Position


851


80.822 USD




Swaps


Increasing a Short Position


146


80.361 USD




Swaps


Increasing a Short Position


1,315


80.577 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 68,800 shares


N/A 




Borrow


Borrow of 85,000 shares


N/A 




Borrow


Borrow of 128,900 shares


N/A 




Borrow


Borrow of 450,000 shares


N/A 




Borrow


Borrow of 350,000 shares


N/A 




Borrow


Borrow of 41,463 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


22/04/2020




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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