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

AbbvieAnnouncement

23/04/2020 12:05

RNS Number : 6602K
  
Bank of America Merrill Lynch
  
23 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 






22/04/2020



 




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 






217,348


0.015% 


2,798,364


0.19 % 







(2) 


Derivatives (other than options): 






2,193,250


0.149% 


137,731


0.009% 







(3) 


Options and agreements to purchase/sell: 






7,400


0.001% 


7,500


0.001% 




Total


2,417,998


0.164% 


2,943,595


0.199% 



 




(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


                                4,317 


81.097 USD




Purchase


                                8,660 


81.43 USD




Purchase


                                4,009 


81.47 USD




Purchase


                                5,196 


81.58 USD




Purchase


                                5,153 


81.659 USD




Purchase


                                2,600 


82.07 USD




Purchase


                                   173 


82.18 USD




Purchase


                                8,673 


82.229 USD




Purchase


                                   112 


80.36 USD




Purchase


                                      1 


80.9 USD




Purchase


                                      1 


80.96 USD




Purchase


                                      1 


81.06 USD




Purchase


                                      2 


81.1 USD




Purchase


                                      1 


81.11 USD




Purchase


                                      1 


81.14 USD




Purchase


                                      1 


81.15 USD




Purchase


                                      1 


81.16 USD




Purchase


                                    10 


81.17 USD




Purchase


                                      1 


81.18 USD




Purchase


                                      2 


81.21 USD




Purchase


                                      2 


81.22 USD




Purchase


                                      1 


81.23 USD




Purchase


                                      1 


81.24 USD




Purchase


                                      2 


81.25 USD




Purchase


                                      1 


81.26 USD




Purchase


                                      3 


81.27 USD




Purchase


                                      2 


81.31 USD




Purchase


                                      3 


81.32 USD




Purchase


                                      1 


81.33 USD




Purchase


                                      1 


81.34 USD




Purchase


                                      1 


81.35 USD




Purchase


                                   101 


81.37 USD




Purchase


                                   101 


81.38 USD




Purchase


                                    88 


81.39 USD




Purchase


                                    23 


81.4 USD




Purchase


                                      2 


81.42 USD




Purchase


                                    20 


81.43 USD




Purchase


                                      1 


81.44 USD




Purchase


                                   100 


81.45 USD




Purchase


                                    84 


81.46 USD




Purchase


                                   300 


81.47 USD




Purchase


                                   300 


81.49 USD




Purchase


                                    21 


81.5 USD




Purchase


                                   579 


81.51 USD




Purchase


                                      1 


81.515 USD




Purchase


                                   327 


81.52 USD




Purchase


                                   112 


81.53 USD




Purchase


                                    57 


81.54 USD




Purchase


                                    17 


81.55 USD




Purchase


                                    22 


81.56 USD




Purchase


                                   117 


81.57 USD




Purchase


                                    75 


81.58 USD




Purchase


                                   184 


81.59 USD




Purchase


                                   125 


81.6 USD




Purchase


                                    26 


81.61 USD




Purchase


                                      5 


81.62 USD




Purchase


                                   329 


81.63 USD




Purchase


                                   145 


81.64 USD




Purchase


                                   268 


81.65 USD




Purchase


                                    84 


81.66 USD




Purchase


                                    72 


81.67 USD




Purchase


                                    30 


81.68 USD




Purchase


                                    85 


81.69 USD




Purchase


                                      8 


81.7 USD




Purchase


                                   181 


81.71 USD




Purchase


                                    25 


81.72 USD




Purchase


                                   302 


81.73 USD




Purchase


                                   151 


81.74 USD




Purchase


                                   162 


81.75 USD




Purchase


                                    23 


81.76 USD




Purchase


                                    59 


81.77 USD




Purchase


                                      9 


81.78 USD




Purchase


                                    26 


81.79 USD




Purchase


                                    50 


81.8 USD




Purchase


                                      9 


81.81 USD




Purchase


                                      4 


81.83 USD




Purchase


                                      7 


81.85 USD




Purchase


                                      2 


81.88 USD




Purchase


                                      8 


81.92 USD




Purchase


                                      6 


81.94 USD




Purchase


                                    14 


81.95 USD




Purchase


                                      6 


81.96 USD




Purchase


                                      4 


81.97 USD




Purchase


                                      3 


82.02 USD




Purchase


                                      6 


82.07 USD




Purchase


                                      7 


82.09 USD




Purchase


                                      4 


82.12 USD




Purchase


                                      6 


82.14 USD




Purchase


                                      4 


82.18 USD




Purchase


                                    13 


82.19 USD




Purchase


                                    10 


82.22 USD




Purchase


                                      4 


82.23 USD




Purchase


                                      9 


82.24 USD




Purchase


                                      5 


82.25 USD



 



Purchase/sale


Number of relevant securities


Price per unit (Note 4) 




Sale


                                   112 


80.36 USD




Sale


                                   174 


80.83 USD




Sale


                                      1 


80.89 USD




Sale


                                      1 


80.94 USD




Sale


                                      1 


80.97 USD




Sale


                                      1 


80.99 USD




Sale


                                      1 


81 USD




Sale


                                      2 


81.02 USD




Sale


                                   201 


81.04 USD




Sale


                                      1 


81.05 USD




Sale


                                    24 


81.06 USD




Sale


                                   121 


81.07 USD




Sale


                                   690 


81.08 USD




Sale


                                      1 


81.085 USD




Sale


                                1,154 


81.09 USD




Sale


                                1,177 


81.1 USD




Sale


                                   516 


81.11 USD




Sale


                                    90 


81.12 USD




Sale


                                   246 


81.13 USD




Sale


                                   279 


81.14 USD




Sale


                                      1 


81.145 USD




Sale


                                      5 


81.15 USD




Sale


                                   209 


81.16 USD




Sale


                                    11 


81.17 USD




Sale


                                    73 


81.18 USD




Sale


                                   213 


81.19 USD




Sale


                                    88 


81.2 USD




Sale


                                      1 


81.21 USD




Sale


                                      2 


81.22 USD




Sale


                                    89 


81.23 USD




Sale


                                   108 


81.24 USD




Sale


                                   291 


81.25 USD




Sale


                                   187 


81.26 USD




Sale


                                   176 


81.27 USD




Sale


                                   473 


81.28 USD




Sale


                                   461 


81.29 USD




Sale


                                   370 


81.3 USD




Sale


                                   281 


81.31 USD




Sale


                                   265 


81.32 USD




Sale


                                   135 


81.33 USD




Sale


                                   346 


81.34 USD




Sale


                                   287 


81.35 USD




Sale


                                   123 


81.36 USD




Sale


                                   198 


81.37 USD




Sale


                                   304 


81.38 USD




Sale


                                   130 


81.381 USD




Sale


                                   398 


81.39 USD




Sale


                                1,003 


81.4 USD




Sale


                                   737 


81.41 USD




Sale


                                   210 


81.42 USD




Sale


                                   272 


81.43 USD




Sale


                                   701 


81.44 USD




Sale


                                   313 


81.45 USD




Sale


                                      4 


81.455 USD




Sale


                                1,061 


81.46 USD




Sale


                                5,785 


81.47 USD




Sale


                                   100 


81.475 USD




Sale


                                   228 


81.48 USD




Sale


                                    87 


81.485 USD




Sale


                                   122 


81.49 USD




Sale


                                   492 


81.5 USD




Sale


                                    20 


81.51 USD




Sale


                                   226 


81.52 USD




Sale


                                   721 


81.53 USD




Sale


                                   228 


81.54 USD




Sale


                                   128 


81.55 USD




Sale


                                   223 


81.56 USD




Sale


                                      1 


81.565 USD




Sale


                                      3 


81.57 USD




Sale


                                      3 


81.58 USD




Sale


                                   186 


81.59 USD




Sale


                                   483 


81.6 USD




Sale


                                   119 


81.61 USD




Sale


                                   628 


81.62 USD




Sale


                                1,536 


81.63 USD




Sale


                                2,955 


81.64 USD




Sale


                                   127 


81.645 USD




Sale


                                2,394 


81.65 USD




Sale


                                      9 


81.652 USD




Sale


                                2,804 


81.66 USD




Sale


                                1,455 


81.67 USD




Sale


                                1,809 


81.68 USD




Sale


                              21,650 


81.683 USD




Sale


                                    82 


81.685 USD




Sale


                                   896 


81.69 USD




Sale


                                   880 


81.7 USD




Sale


                                    92 


81.71 USD




Sale


                                      2 


81.715 USD




Sale


                                    74 


81.72 USD




Sale


                                      4 


81.725 USD




Sale


                                   656 


81.73 USD




Sale


                                   942 


81.74 USD




Sale


                                      3 


81.745 USD




Sale


                                   404 


81.75 USD




Sale


                                   724 


81.76 USD




Sale


                                1,058 


81.77 USD




Sale


                                    86 


81.775 USD




Sale


                                   215 


81.78 USD




Sale


                                    30 


81.79 USD




Sale


                                    19 


81.8 USD




Sale


                                   271 


81.81 USD




Sale


                                    34 


81.82 USD




Sale


                                    27 


81.85 USD




Sale


                                    32 


81.89 USD




Sale


                                    16 


81.9 USD




Sale


                                   154 


81.91 USD




Sale


                                      2 


81.92 USD




Sale


                                   179 


81.93 USD




Sale


                                   486 


81.94 USD




Sale


                                   188 


81.95 USD




Sale


                                   273 


81.96 USD




Sale


                                   100 


81.965 USD




Sale


                                   200 


81.97 USD




Sale


                                   127 


81.98 USD




Sale


                                   143 


81.99 USD




Sale


                                   157 


82 USD




Sale


                                   100 


82.01 USD




Sale


                                   462 


82.05 USD




Sale


                                   273 


82.07 USD




Sale


                                   658 


82.08 USD




Sale


                                   145 


82.09 USD




Sale


                                      1 


82.1 USD




Sale


                                   223 


82.11 USD




Sale


                                   325 


82.12 USD




Sale


                                   172 


82.13 USD




Sale


                                   240 


82.14 USD




Sale


                                   273 


82.15 USD




Sale


                                   833 


82.16 USD




Sale


                                   360 


82.17 USD




Sale


                                   200 


82.18 USD




Sale


                                   229 


82.19 USD




Sale


                                1,301 


82.2 USD




Sale


                                   473 


82.21 USD




Sale


                                   286 


82.22 USD




Sale


                                1,310 


82.23 USD




Sale


                                   359 


82.235 USD




Sale


                                2,045 


82.24 USD




Sale


                                2,395 


82.245 USD




Sale


                                   228 


82.25 USD




Sale


                                   300 


82.26 USD




Sale


                                   600 


82.27 USD




Sale


                                    27 


82.32 USD




Sale


                              43,300 


81.31 USD




Sale


                              12,904 


81.4 USD




Sale


                                2,252 


81.47 USD




Sale


                              15,207 


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


Reducing a Short Position


9


81.651 USD




Swaps


Increasing a Long Position


8,660


81.43 USD




Swaps


Increasing a Long Position


12,990


81.852 USD




Swaps


Reducing a Long Position


41


81.306 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 91,100 shares


N/A 




Borrow


Borrow of 414,900 shares


N/A 




Borrow


Borrow of 239,500 shares


N/A 




Borrow


Borrow of 123,100 shares


N/A 




Return of Borrow


2,600 shares returned


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


23/04/2020




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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