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

AbbvieAnnouncement

28/04/2020 11:45

RNS Number : 1541L
  
Bank of America Merrill Lynch
  
28 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 






27/04/2020



 




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 






204,482


0.014% 


3,356,067


0.227 % 







(2) 


Derivatives (other than options): 






2,562,053


0.173% 


193,957


0.013% 







(3) 


Options and agreements to purchase/sell: 






7,400


0.001% 


7,500


0.001% 




Total


2,773,935


0.188% 


3,557,524


0.241% 



 




(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


                            69 


84.69 USD




Purchase


                          476 


83.59 USD




Purchase


                              1 


83.79 USD




Purchase


                              1 


83.83 USD




Purchase


                          105 


83.84 USD




Purchase


                              3 


83.85 USD




Purchase


                            25 


83.87 USD




Purchase


                          104 


83.88 USD




Purchase


                            25 


83.95 USD




Purchase


                            30 


83.98 USD




Purchase


                            32 


83.99 USD




Purchase


                            28 


84 USD




Purchase


                              9 


84.01 USD




Purchase


                          112 


84.02 USD




Purchase


                          118 


84.03 USD




Purchase


                            78 


84.04 USD




Purchase


                          132 


84.05 USD




Purchase


                          117 


84.06 USD




Purchase


                          206 


84.07 USD




Purchase


                            39 


84.08 USD




Purchase


                            32 


84.09 USD




Purchase


                              1 


84.095 USD




Purchase


                            57 


84.1 USD




Purchase


                          113 


84.11 USD




Purchase


                              6 


84.115 USD




Purchase


                          625 


84.12 USD




Purchase


                            40 


84.13 USD




Purchase


                          264 


84.14 USD




Purchase


                          246 


84.15 USD




Purchase


                          507 


84.16 USD




Purchase


                          730 


84.17 USD




Purchase


                          139 


84.18 USD




Purchase


                              7 


84.19 USD




Purchase


                          262 


84.2 USD




Purchase


                          179 


84.21 USD




Purchase


                            80 


84.22 USD




Purchase


                        2,600 


84.225 USD




Purchase


                            54 


84.23 USD




Purchase


                          276 


84.24 USD




Purchase


                            10 


84.245 USD




Purchase


                          249 


84.25 USD




Purchase


                          312 


84.26 USD




Purchase


                          191 


84.27 USD




Purchase


                              3 


84.275 USD




Purchase


                          230 


84.28 USD




Purchase


                          363 


84.29 USD




Purchase


                          396 


84.3 USD




Purchase


                          131 


84.31 USD




Purchase


                        1,972 


84.315 USD




Purchase


                          158 


84.32 USD




Purchase


                            44 


84.325 USD




Purchase


                          178 


84.33 USD




Purchase


                          152 


84.34 USD




Purchase


                          116 


84.35 USD




Purchase


                          266 


84.353 USD




Purchase


                          119 


84.36 USD




Purchase


                          303 


84.37 USD




Purchase


                          423 


84.38 USD




Purchase


                          137 


84.39 USD




Purchase


                        2,308 


84.4 USD




Purchase


                            16 


84.405 USD




Purchase


                            41 


84.41 USD




Purchase


                            10 


84.42 USD




Purchase


                            12 


84.43 USD




Purchase


                            34 


84.44 USD




Purchase


                            73 


84.45 USD




Purchase


                            86 


84.46 USD




Purchase


                          110 


84.47 USD




Purchase


                          107 


84.48 USD




Purchase


                          100 


84.49 USD




Purchase


                            29 


84.5 USD




Purchase


                              1 


84.515 USD




Purchase


                          103 


84.52 USD




Purchase


                          100 


84.525 USD




Purchase


                            33 


84.53 USD




Purchase


                          132 


84.535 USD




Purchase


                          418 


84.54 USD




Purchase


                            27 


84.55 USD




Purchase


                            63 


84.56 USD




Purchase


                          273 


84.57 USD




Purchase


                          101 


84.575 USD




Purchase


                          556 


84.58 USD




Purchase


                          418 


84.59 USD




Purchase


                          432 


84.6 USD




Purchase


                              4 


84.605 USD




Purchase


                          104 


84.61 USD




Purchase


                          281 


84.62 USD




Purchase


                          184 


84.63 USD




Purchase


                          224 


84.64 USD




Purchase


                          504 


84.65 USD




Purchase


                        1,833 


84.66 USD




Purchase


                        2,748 


84.67 USD




Purchase


                          100 


84.675 USD




Purchase


                          829 


84.68 USD




Purchase


                    307,966 


84.69 USD




Purchase


                          700 


84.7 USD




Purchase


                        1,119 


84.71 USD




Purchase


                          458 


84.72 USD




Purchase


                          600 


84.73 USD




Purchase


                          403 


84.74 USD




Purchase


                          316 


84.75 USD




Purchase


                          236 


84.76 USD




Purchase


                            54 


84.77 USD




Purchase


                            14 


84.78 USD




Purchase


                            40 


84.8 USD




Purchase


                          100 


84.81 USD



 



Purchase/sale


Number of relevant securities


Price per unit (Note 4) 




Sale


                          476 


83.59 USD




Sale


                            20 


83.89 USD




Sale


                          203 


83.97 USD




Sale


                          257 


83.98 USD




Sale


                          303 


83.99 USD




Sale


                              1 


84 USD




Sale


                            24 


84.03 USD




Sale


                            11 


84.04 USD




Sale


                            21 


84.06 USD




Sale


                            12 


84.12 USD




Sale


                            12 


84.16 USD




Sale


                            10 


84.17 USD




Sale


                            10 


84.19 USD




Sale


                            13 


84.2 USD




Sale


                            24 


84.21 USD




Sale


                            17 


84.22 USD




Sale


                            32 


84.23 USD




Sale


                            23 


84.24 USD




Sale


                            12 


84.26 USD




Sale


                            27 


84.28 USD




Sale


                            31 


84.29 USD




Sale


                            20 


84.3 USD




Sale


                              7 


84.31 USD




Sale


                              2 


84.32 USD




Sale


                            23 


84.33 USD




Sale


                            22 


84.34 USD




Sale


                            32 


84.37 USD




Sale


                            32 


84.39 USD




Sale


                              3 


84.4 USD




Sale


                            12 


84.41 USD




Sale


                            12 


84.47 USD




Sale


                            25 


84.49 USD




Sale


                            25 


84.53 USD




Sale


                            84 


84.56 USD




Sale


                            66 


84.57 USD




Sale


                            25 


84.58 USD




Sale


                            19 


84.6 USD




Sale


                            25 


84.62 USD




Sale


                            13 


84.625 USD




Sale


                            20 


84.635 USD




Sale


                            43 


84.66 USD




Sale


                            19 


84.67 USD




Sale


                            59 


84.68 USD




Sale


                    889,145 


84.69 USD




Sale


                            25 


84.7 USD




Sale


                            25 


84.74 USD




Sale


                      21,912 


84.69 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


598


84.69 USD




Swaps


Reducing a Long Position


1,135


84.69 USD




Swaps


Reducing a Long Position


107


84.69 USD




Swaps


Reducing a Long Position


13,718


84.69 USD




Swaps


Reducing a Long Position


1,044


84.69 USD




Swaps


Reducing a Long Position


10,727


84.69 USD




Swaps


Reducing a Long Position


12


84.69 USD




Swaps


Closing a Long Position


235


84.69 USD




Swaps


Reducing a Long Position


96


84.69 USD




Swaps


Reducing a Long Position


35


84.69 USD




Swaps


Reducing a Long Position


622


84.69 USD




Swaps


Reducing a Long Position


65


84.69 USD




Swaps


Reducing a Long Position


5,958


84.69 USD




Swaps


Reducing a Long Position


404


84.69 USD




Swaps


Increasing a Long Position


600,000


84.69 USD




Swaps


Increasing a Short Position


266


84.36 USD




Swaps


Reducing a Long Position


160


84.69 USD




Swaps


Reducing a Long Position


2,451


84.69 USD




Swaps


Reducing a Long Position


98


84.69 USD




Swaps


Opening a Short Position


55,847


84.69 USD




Swaps


Reducing a Long Position


3,328


84.69 USD




Swaps


Reducing a Long Position


391


84.69 USD




Swaps


Reducing a Long Position


15,004


84.69 USD




Swaps


Reducing a Long Position


353


84.69 USD




Swaps


Reducing a Long Position


532


84.69 USD




Swaps


Reducing a Long Position


932


84.69 USD




Swaps


Reducing a Long Position


2,521


84.69 USD




Swaps


Reducing a Long Position


2,354


84.69 USD




Swaps


Reducing a Long Position


1,128


84.69 USD




Swaps


Reducing a Long Position


260


84.69 USD




Swaps


Reducing a Long Position


62,480


84.69 USD




Swaps


Reducing a Long Position


44


84.325 USD




Swaps


Reducing a Long Position


80,285


84.69 USD




Swaps


Reducing a Long Position


9


84.69 USD




Swaps


Reducing a Long Position


1,006


84.69 USD




Swaps


Reducing a Long Position


38


84.69 USD




Swaps


Reducing a Long Position


259


84.69 USD




Swaps


Reducing a Long Position


10,198


84.69 USD




Swaps


Reducing a Long Position


2,070


84.69 USD




Swaps


Reducing a Long Position


22


84.69 USD




Swaps


Reducing a Long Position


600


84.69 USD




Swaps


Reducing a Long Position


1,125


84.69 USD




Swaps


Reducing a Long Position


1,299


84.69 USD




Swaps


Reducing a Long Position


2,717


84.69 USD




Swaps


Reducing a Long Position


4,214


84.69 USD




Swaps


Reducing a Long Position


538


84.69 USD




Swaps


Reducing a Long Position


77


84.69 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 99,323 shares


N/A 




Borrow


Borrow of 87,500 shares


N/A 




Borrow


Borrow of 325,000 shares


N/A 




Borrow


Borrow of 300,700 shares


N/A 




Borrow


Borrow of 17,200 shares


N/A 




Borrow


Borrow of 98,400 shares


N/A 




Borrow


Borrow of 130,000 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


28/04/2020




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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