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

AbbvieAnnouncement

27/04/2020 12:35

RNS Number : 9781K
  
Bank of America Merrill Lynch
  
27 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 






24/04/2020



 




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 






217,511


0.015% 


2,793,943


0.189 % 







(2) 


Derivatives (other than options): 






2,193,302


0.149% 


137,844


0.009% 







(3) 


Options and agreements to purchase/sell: 






7,400


0.001% 


7,500


0.001% 




Total


2,418,213


0.164% 


2,939,287


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


                                     100 


 82.36 USD 




Purchase


                                  1,090 


 82.41 USD 




Purchase


                                     573 


 82.42 USD 




Purchase


                                     200 


 82.43 USD 




Purchase


                                      42 


 82.45 USD 




Purchase


                                      86 


 82.47 USD 




Purchase


                                     878 


 82.49 USD 




Purchase


                                  1,450 


 82.5 USD 




Purchase


                                     852 


 82.51 USD 




Purchase


                                      22 


 82.519 USD 




Purchase


                                  1,689 


 82.52 USD 




Purchase


                                     100 


 82.525 USD 




Purchase


                                  1,362 


 82.53 USD 




Purchase


                                  2,438 


 82.54 USD 




Purchase


                                     959 


 82.55 USD 




Purchase


                                     828 


 82.56 USD 




Purchase


                                     186 


 82.57 USD 




Purchase


                                     447 


 82.58 USD 




Purchase


                                     940 


 82.59 USD 




Purchase


                                  1,018 


 82.6 USD 




Purchase


                                     925 


 82.61 USD 




Purchase


                                     862 


 82.62 USD 




Purchase


                                     519 


 82.63 USD 




Purchase


                                     600 


 82.64 USD 




Purchase


                                     783 


 82.65 USD 




Purchase


                                  1,874 


 82.66 USD 




Purchase


                                     848 


 82.67 USD 




Purchase


                                     591 


 82.68 USD 




Purchase


                                        2 


 82.685 USD 




Purchase


                                  1,185 


 82.69 USD 




Purchase


                                  1,228 


 82.7 USD 




Purchase


                                  1,768 


 82.71 USD 




Purchase


                                     469 


 82.72 USD 




Purchase


                                     737 


 82.73 USD 




Purchase


                                     100 


 82.735 USD 




Purchase


                                     859 


 82.74 USD 




Purchase


                                     286 


 82.75 USD 




Purchase


                                     372 


 82.76 USD 




Purchase


                                     290 


 82.77 USD 




Purchase


                                     829 


 82.78 USD 




Purchase


                                     621 


 82.79 USD 




Purchase


                                  1,377 


 82.8 USD 




Purchase


                                     464 


 82.81 USD 




Purchase


                                        1 


 82.815 USD 




Purchase


                                     890 


 82.82 USD 




Purchase


                                      60 


 82.825 USD 




Purchase


                                     555 


 82.83 USD 




Purchase


                                     810 


 82.84 USD 




Purchase


                                     553 


 82.85 USD 




Purchase


                                     619 


 82.86 USD 




Purchase


                                     868 


 82.87 USD 




Purchase


                                  1,261 


 82.88 USD 




Purchase


                                     200 


 82.885 USD 




Purchase


                                  1,253 


 82.89 USD 




Purchase


                                     914 


 82.9 USD 




Purchase


                                     100 


 82.905 USD 




Purchase


                                  2,563 


 82.91 USD 




Purchase


                                      85 


 82.915 USD 




Purchase


                                  1,655 


 82.92 USD 




Purchase


                                     893 


 82.93 USD 




Purchase


                                  1,472 


 82.94 USD 




Purchase


                                     100 


 82.945 USD 




Purchase


                                  2,069 


 82.95 USD 




Purchase


                                  1,041 


 82.96 USD 




Purchase


                                     391 


 82.97 USD 




Purchase


                                     509 


 82.98 USD 




Purchase


                                  2,421 


 82.99 USD 




Purchase


                                        1 


 82.995 USD 




Purchase


                                     709 


 83 USD 




Purchase


                                     200 


 83.01 USD 




Purchase


                                  1,400 


 83.018 USD 




Purchase


                                  2,468 


 83.02 USD 




Purchase


                                     316 


 83.03 USD 




Purchase


                                     652 


 83.04 USD 




Purchase


                                     217 


 83.05 USD 




Purchase


                                     800 


 83.06 USD 




Purchase


                                     449 


 83.07 USD 




Purchase


                                     374 


 83.08 USD 




Purchase


                                     872 


 83.09 USD 




Purchase


                                  1,145 


 83.1 USD 




Purchase


                                     313 


 83.11 USD 




Purchase


                                     367 


 83.12 USD 




Purchase


                                  1,404 


 83.13 USD 




Purchase


                                     601 


 83.14 USD 




Purchase


                                     501 


 83.15 USD 




Purchase


                                     528 


 83.16 USD 




Purchase


                                     508 


 83.17 USD 




Purchase


                                     329 


 83.18 USD 




Purchase


                                     239 


 83.19 USD 




Purchase


                                     902 


 83.2 USD 




Purchase


                                     583 


 83.21 USD 




Purchase


                                  1,758 


 83.22 USD 




Purchase


                                  1,551 


 83.23 USD 




Purchase


                                  2,169 


 83.24 USD 




Purchase


                                     920 


 83.25 USD 




Purchase


                                  2,138 


 83.26 USD 




Purchase


                                      74 


 83.269 USD 




Purchase


                                     580 


 83.27 USD 




Purchase


                                     394 


 83.28 USD 




Purchase


                                     806 


 83.29 USD 




Purchase


                                     587 


 83.3 USD 




Purchase


                                     836 


 83.31 USD 




Purchase


                                     573 


 83.32 USD 




Purchase


                                     102 


 83.33 USD 




Purchase


                                      19 


 83.34 USD 




Purchase


                                     200 


 83.35 USD 




Purchase


                                     362 


 83.36 USD 




Purchase


                                     201 


 83.37 USD 




Purchase


                                     157 


 83.38 USD 




Purchase


                                     100 


 83.39 USD 




Purchase


                                     227 


 83.4 USD 




Purchase


                                     379 


 83.41 USD 




Purchase


                                     225 


 83.42 USD 




Purchase


                                     113 


 83.435 USD 




Purchase


                                     143 


 83.47 USD 




Purchase


                                      17 


 83.475 USD 




Purchase


                                     100 


 83.49 USD 




Purchase


                                     221 


 83.5 USD 




Purchase


                                      25 


 83.51 USD 




Purchase


                                     265 


 83.52 USD 




Purchase


                                     312 


 83.53 USD 




Purchase


                                     590 


 83.54 USD 




Purchase


                                      22 


 83.545 USD 




Purchase


                                      42 


 83.55 USD 




Purchase


                                     396 


 83.56 USD 




Purchase


                                     329 


 83.57 USD 




Purchase


                                     643 


 83.58 USD 




Purchase


                                     974 


 83.59 USD 




Purchase


                                     211 


 83.6 USD 




Purchase


                                      26 


 83.61 USD 




Purchase


                                      19 


 83.615 USD 




Purchase


                                      11,230 


 82.84 USD 




Purchase


                                        5,196 


 82.99 USD 



 



Purchase/sale


Number of relevant securities


Price per unit (Note 4) 




Sale 


                                     173 


 82.56 USD 




 Sale 


                                     200 


 82.68 USD 




 Sale 


                                      87 


 82.7 USD 




 Sale 


                                      54 


 82.72 USD 




 Sale 


                                      86 


 82.76 USD 




 Sale 


                                        2 


 82.8 USD 




 Sale 


                                     142 


 82.81 USD 




 Sale 


                                     200 


 82.82 USD 




 Sale 


                                      40 


 82.83 USD 




 Sale 


                                     145 


 82.84 USD 




 Sale 


                                     633 


 82.85 USD 




 Sale 


                                     606 


 82.86 USD 




 Sale 


                                     441 


 82.87 USD 




 Sale 


                                     524 


 82.88 USD 




 Sale 


                                     803 


 82.89 USD 




 Sale 


                                     438 


 82.9 USD 




 Sale 


                                     361 


 82.91 USD 




 Sale 


                                     172 


 82.92 USD 




 Sale 


                                     500 


 82.925 USD 




 Sale 


                                     200 


 82.95 USD 




 Sale 


                                      87 


 82.98 USD 




 Sale 


                                     198 


 83 USD 




 Sale 


                                     670 


 83.01 USD 




 Sale 


                                      86 


 83.015 USD 




 Sale 


                                      87 


 83.02 USD 




 Sale 


                                     143 


 83.03 USD 




 Sale 


                                        1 


 83.031 USD 




 Sale 


                                     173 


 83.04 USD 




 Sale 


                                     100 


 83.045 USD 




 Sale 


                                     657 


 83.05 USD 




 Sale 


                                      49 


 83.06 USD 




 Sale 


                                     342 


 83.07 USD 




 Sale 


                                     100 


 83.075 USD 




 Sale 


                                  2,604 


 83.08 USD 




 Sale 


                                  1,778 


 83.09 USD 




 Sale 


                                     100 


 83.1 USD 




 Sale 


                                      87 


 83.12 USD 




 Sale 


                                     100 


 83.14 USD 




 Sale 


                                     198 


 83.15 USD 




 Sale 


                                     178 


 83.16 USD 




 Sale 


                                     100 


 83.17 USD 




 Sale 


                                     100 


 83.18 USD 




 Sale 


                                      14 


 83.29 USD 




 Sale 


                                        4 


 83.3 USD 




 Sale 


                                     106 


 83.32 USD 




 Sale 


                                        4 


 83.33 USD 




 Sale 


                                      19 


 83.34 USD 




 Sale 


                                        6 


 83.36 USD 




 Sale 


                                     192 


 83.37 USD 




 Sale 


                                      19 


 83.38 USD 




 Sale 


                                      87 


 83.4 USD 




 Sale 


                                      14 


 83.42 USD 




 Sale 


                                     126 


 83.44 USD 




 Sale 


                                      96 


 83.47 USD 




 Sale 


                                     215 


 83.48 USD 




 Sale 


                                     199 


 83.5 USD 




 Sale 


                                      18 


 83.54 USD 




 Sale 


                                        7 


 83.56 USD 




 Sale 


                                      19 


 83.57 USD 




 Sale 


                                        3 


 83.58 USD 




 Sale 


                                     644 


 83.59 USD 




 Sale 


                                     100 


 83.62 USD 




Sale 


                                38,970 


 82.7 USD 




Sale 


                                  5,196 


 82.99 USD 




Sale 


                                      86 


 83.06 USD 




Sale 


                                  2,523 


 83.07 USD 




Sale 


                                  2,095 


 83.59 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 Short Position


113


83.436 USD




Swaps


Reducing a Long Position


2


82.88 USD




Swaps


Opening a Long Position


400


82.925 USD




Swaps


Closing a Short Position


100


82.925 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 331,400 shares


N/A 




Borrow


Borrow of 181,000 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


27/04/2020




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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