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

AbbvieAnnouncement

01/05/2020 12:05

RNS Number : 6661L
  
Bank of America Merrill Lynch
  
01 May 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 






30/04/2020



 




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 






210,187


0.014% 


3,349,763


0.227 % 







(2) 


Derivatives (other than options): 






2,508,185


0.17% 


192,956


0.013% 







(3) 


Options and agreements to purchase/sell: 






7,400


0.001% 


7,500


0.001% 




Total


2,725,772


0.185% 


3,550,219


0.24% 



 




(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


                              97,764 


82.2 USD




Purchase


                                4,330 


82.6 USD




Purchase


                                   371 


81.645 USD




Purchase


                                      1 


81.85 USD




Purchase


                                      1 


81.87 USD




Purchase


                                      1 


81.95 USD




Purchase


                                      1 


81.97 USD




Purchase


                                      1 


81.99 USD




Purchase


                                1,795 


81.998 USD




Purchase


                                    38 


82.01 USD




Purchase


                                    14 


82.04 USD




Purchase


                              10,236 


82.045 USD




Purchase


                                      2 


82.05 USD




Purchase


                                    38 


82.06 USD




Purchase


                                      3 


82.08 USD




Purchase


                                    77 


82.09 USD




Purchase


                                    56 


82.1 USD




Purchase


                                    40 


82.12 USD




Purchase


                                      1 


82.13 USD




Purchase


                                   100 


82.14 USD




Purchase


                                    43 


82.16 USD




Purchase


                                    38 


82.17 USD




Purchase


                                      1 


82.19 USD




Purchase


                            151,719 


82.2 USD




Purchase


                                1,302 


82.21 USD




Purchase


                                1,203 


82.22 USD




Purchase


                                1,803 


82.23 USD




Purchase


                                2,091 


82.24 USD




Purchase


                                1,739 


82.25 USD




Purchase


                                1,590 


82.26 USD




Purchase


                                   803 


82.27 USD




Purchase


                                   600 


82.28 USD




Purchase


                                   842 


82.29 USD




Purchase


                                   488 


82.3 USD




Purchase


                                   441 


82.31 USD




Purchase


                                   642 


82.32 USD




Purchase


                                1,301 


82.33 USD




Purchase


                                   200 


82.335 USD




Purchase


                                1,807 


82.34 USD




Purchase


                                1,576 


82.35 USD




Purchase


                                2,251 


82.36 USD




Purchase


                                   272 


82.365 USD




Purchase


                                1,684 


82.37 USD




Purchase


                                   492 


82.38 USD




Purchase


                                   509 


82.39 USD




Purchase


                                   236 


82.4 USD




Purchase


                                      3 


82.41 USD




Purchase


                                      2 


82.42 USD




Purchase


                                      2 


82.44 USD




Purchase


                                   226 


82.46 USD




Purchase


                                    44 


82.47 USD




Purchase


                                   102 


82.48 USD




Purchase


                                    44 


82.49 USD




Purchase


                                1,435 


82.5 USD




Purchase


                                      1 


82.51 USD




Purchase


                                    62 


82.52 USD




Purchase


                                    20 


82.53 USD




Purchase


                                    39 


82.55 USD




Purchase


                                      1 


82.58 USD




Purchase


                                   142 


82.68 USD




Purchase


                                   100 


82.69 USD




Purchase


                                   373 


82.7 USD




Purchase


                                      1 


82.71 USD




Purchase


                                    77 


82.73 USD




Purchase


                                    45 


82.74 USD




Purchase


                                      1 


82.77 USD




Purchase


                                    19 


83.76 USD



 



Purchase/sale


Number of relevant securities


Price per unit (Note 4) 




Sale 


                                   119 


81.28 USD




 Sale 


                                   112 


81.29 USD




 Sale 


                                   100 


81.3 USD




 Sale 


                                   100 


81.31 USD




 Sale 


                                   236 


81.32 USD




 Sale 


                                    20 


81.33 USD




 Sale 


                                    12 


81.39 USD




 Sale 


                                      1 


81.395 USD




 Sale 


                                   101 


81.4 USD




 Sale 


                                      1 


81.41 USD




 Sale 


                                    86 


81.415 USD




 Sale 


                                   100 


81.42 USD




 Sale 


                                   100 


81.44 USD




 Sale 


                                    25 


81.46 USD




 Sale 


                                    87 


81.47 USD




 Sale 


                                   100 


81.475 USD




 Sale 


                                   104 


81.48 USD




 Sale 


                                   173 


81.5 USD




 Sale 


                                   100 


81.51 USD




 Sale 


                                      4 


81.515 USD




 Sale 


                                    29 


81.52 USD




 Sale 


                                    30 


81.53 USD




 Sale 


                                   100 


81.54 USD




 Sale 


                                   186 


81.56 USD




 Sale 


                                   100 


81.59 USD




 Sale 


                                    87 


81.61 USD




 Sale 


                                   169 


81.62 USD




 Sale 


                                   100 


81.63 USD




 Sale 


                                   273 


81.64 USD




 Sale 


                                   371 


81.645 USD




 Sale 


                                   113 


81.65 USD




 Sale 


                                    29 


81.66 USD




 Sale 


                                    86 


81.67 USD




 Sale 


                                      6 


81.68 USD




 Sale 


                                   329 


81.69 USD




 Sale 


                                      5 


81.695 USD




 Sale 


                                   169 


81.7 USD




 Sale 


                                   174 


81.72 USD




 Sale 


                                    88 


81.73 USD




 Sale 


                                   152 


81.74 USD




 Sale 


                                   100 


81.745 USD




 Sale 


                                   138 


81.75 USD




 Sale 


                                    87 


81.755 USD




 Sale 


                                   100 


81.76 USD




 Sale 


                                   518 


81.77 USD




 Sale 


                                   186 


81.78 USD




 Sale 


                                   275 


81.79 USD




 Sale 


                                    79 


81.8 USD




 Sale 


                                      8 


81.805 USD




 Sale 


                                    46 


81.82 USD




 Sale 


                                   178 


81.83 USD




 Sale 


                                   432 


81.84 USD




 Sale 


                                   311 


81.85 USD




 Sale 


                                   207 


81.86 USD




 Sale 


                                   468 


81.87 USD




 Sale 


                                   148 


81.88 USD




 Sale 


                                   842 


81.89 USD




 Sale 


                                1,073 


81.9 USD




 Sale 


                                1,169 


81.91 USD




 Sale 


                                1,394 


81.92 USD




 Sale 


                                   260 


81.925 USD




 Sale 


                                1,022 


81.93 USD




 Sale 


                                   375 


81.94 USD




 Sale 


                                   615 


81.95 USD




 Sale 


                                    17 


81.955 USD




 Sale 


                                   947 


81.96 USD




 Sale 


                                   550 


81.97 USD




 Sale 


                                   153 


81.98 USD




 Sale 


                                   396 


81.99 USD




 Sale 


                                1,300 


81.995 USD




 Sale 


                                1,795 


81.998 USD




 Sale 


                                   412 


82 USD




 Sale 


                                   791 


82.01 USD




 Sale 


                                   130 


82.02 USD




 Sale 


                                   145 


82.03 USD




 Sale 


                                      1 


82.035 USD




 Sale 


                                   679 


82.04 USD




 Sale 


                              10,236 


82.045 USD




 Sale 


                                   622 


82.05 USD




 Sale 


                                   125 


82.06 USD




 Sale 


                                   319 


82.07 USD




 Sale 


                                      4 


82.075 USD




 Sale 


                                   573 


82.08 USD




 Sale 


                                   174 


82.081 USD




 Sale 


                                   171 


82.085 USD




 Sale 


                                   418 


82.09 USD




 Sale 


                                1,003 


82.1 USD




 Sale 


                                    87 


82.105 USD




 Sale 


                                   869 


82.11 USD




 Sale 


                                1,146 


82.12 USD




 Sale 


                                   100 


82.125 USD




 Sale 


                                   302 


82.13 USD




 Sale 


                                    77 


82.135 USD




 Sale 


                                   155 


82.14 USD




 Sale 


                                   207 


82.15 USD




 Sale 


                                   319 


82.16 USD




 Sale 


                                   967 


82.17 USD




 Sale 


                                    34 


82.18 USD




 Sale 


                                   476 


82.19 USD




 Sale 


                            107,016 


82.2 USD




 Sale 


                                3,128 


82.21 USD




 Sale 


                                2,105 


82.22 USD




 Sale 


                                   100 


82.221 USD




 Sale 


                                   101 


82.225 USD




 Sale 


                                1,303 


82.23 USD




 Sale 


                                   233 


82.231 USD




 Sale 


                                   373 


82.235 USD




 Sale 


                                1,611 


82.24 USD




 Sale 


                                   200 


82.241 USD




 Sale 


                                4,355 


82.25 USD




 Sale 


                                2,236 


82.26 USD




 Sale 


                                   299 


82.261 USD




 Sale 


                                   100 


82.265 USD




 Sale 


                                2,320 


82.27 USD




 Sale 


                                   500 


82.275 USD




 Sale 


                                2,992 


82.28 USD




 Sale 


                                   100 


82.285 USD




 Sale 


                                3,782 


82.29 USD




 Sale 


                                   114 


82.291 USD




 Sale 


                                   585 


82.295 USD




 Sale 


                                5,985 


82.3 USD




 Sale 


                                   101 


82.301 USD




 Sale 


                                   100 


82.305 USD




 Sale 


                                5,028 


82.31 USD




 Sale 


                                   173 


82.311 USD




 Sale 


                                4,071 


82.32 USD




 Sale 


                                    30 


82.325 USD




 Sale 


                                2,982 


82.33 USD




 Sale 


                                      8 


82.335 USD




 Sale 


                                4,711 


82.34 USD




 Sale 


                                   200 


82.345 USD




 Sale 


                                4,045 


82.35 USD




 Sale 


                                   487 


82.36 USD




 Sale 


                                   700 


82.37 USD




 Sale 


                                   589 


82.38 USD




 Sale 


                                1,069 


82.39 USD




 Sale 


                                   100 


82.395 USD




 Sale 


                                1,245 


82.4 USD




 Sale 


                                1,384 


82.41 USD




 Sale 


                                   174 


82.42 USD




 Sale 


                                    86 


82.425 USD




 Sale 


                                   618 


82.43 USD




 Sale 


                                1,302 


82.44 USD




 Sale 


                                   728 


82.45 USD




 Sale 


                                    51 


82.455 USD




 Sale 


                                   687 


82.46 USD




 Sale 


                                1,224 


82.47 USD




 Sale 


                                1,001 


82.48 USD




 Sale 


                                1,321 


82.49 USD




 Sale 


                                   935 


82.5 USD




 Sale 


                                   400 


82.51 USD




 Sale 


                                   807 


82.52 USD




 Sale 


                                   500 


82.53 USD




 Sale 


                                   787 


82.54 USD




 Sale 


                                   673 


82.55 USD




 Sale 


                                   600 


82.56 USD




 Sale 


                                   331 


82.57 USD




 Sale 


                                   623 


82.58 USD




 Sale 


                                   889 


82.59 USD




 Sale 


                                   374 


82.6 USD




 Sale 


                                   600 


82.61 USD




 Sale 


                                   400 


82.62 USD




 Sale 


                                   300 


82.63 USD




 Sale 


                                   414 


82.64 USD




 Sale 


                                   902 


82.65 USD




 Sale 


                                   386 


82.66 USD




 Sale 


                                    28 


82.67 USD




 Sale 


                                    28 


82.68 USD




 Sale 


                                1,100 


82.69 USD




 Sale 


                                   163 


82.7 USD




 Sale 


                                   629 


82.71 USD




 Sale 


                                   300 


82.715 USD




 Sale 


                                   403 


82.72 USD




 Sale 


                                1,284 


82.73 USD




 Sale 


                                1,340 


82.74 USD




 Sale 


                                   449 


82.75 USD




 Sale 


                                1,628 


82.76 USD




 Sale 


                                2,037 


82.77 USD




 Sale 


                                1,734 


82.78 USD




 Sale 


                                1,492 


82.79 USD




 Sale 


                                1,100 


82.8 USD




 Sale 


                                1,843 


82.81 USD




 Sale 


                                1,228 


82.82 USD




 Sale 


                                   762 


82.83 USD




 Sale 


                                   572 


82.84 USD




 Sale 


                                   400 


82.86 USD




 Sale 


                                   313 


82.88 USD




 Sale 


                                    19 


83.76 USD




Sale


                                4,617 


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 Long Position


58,338


82.2 USD




Swaps


Reducing a Long Position


330


82.2 USD




Swaps


Increasing a Short Position


25


82.2 USD




Swaps


Reducing a Short Position


1,026


82.2 USD




Swaps


Increasing a Long Position


1,300


81.995 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 327,500 shares


N/A 




Borrow


Borrow of 71,900 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


01/05/2020




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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