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

AbbvieAnnouncement

05/05/2020 12:30

RNS Number : 9788L
  
Bank of America Merrill Lynch
  
05 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 






04/05/2020



 




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 






205,279


0.014% 


3,446,602


0.233 % 







(2) 


Derivatives (other than options): 






2,506,285


0.17% 


193,930


0.013% 







(3) 


Options and agreements to purchase/sell: 






7,400


0.001% 


7,500


0.001% 




Total


2,718,964


0.184% 


3,648,032


0.247% 



 




(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


                                1,470 


81.86 USD




Purchase


                                      1 


81.34 USD




Purchase


                                      2 


81.36 USD




Purchase


                                      2 


81.38 USD




Purchase


                                      1 


81.4 USD




Purchase


                                      1 


81.44 USD




Purchase


                                      1 


81.45 USD




Purchase


                                   201 


81.46 USD




Purchase


                                   474 


81.47 USD




Purchase


                                   887 


81.48 USD




Purchase


                                2,056 


81.49 USD




Purchase


                                   100 


81.5 USD




Purchase


                                   231 


81.52 USD




Purchase


                                    24 


81.53 USD




Purchase


                                    65 


81.54 USD




Purchase


                                   286 


81.55 USD




Purchase


                                      2 


81.57 USD




Purchase


                                      4 


81.6 USD




Purchase


                                1,000 


81.627 USD




Purchase


                                    86 


81.65 USD




Purchase


                                   101 


81.66 USD




Purchase


                                      1 


81.71 USD




Purchase


                                    99 


81.73 USD




Purchase


                                      1 


81.74 USD




Purchase


                                   101 


81.76 USD




Purchase


                                   218 


81.77 USD




Purchase


                                   169 


81.78 USD




Purchase


                                      1 


81.79 USD




Purchase


                                   482 


81.8 USD




Purchase


                                    92 


81.81 USD




Purchase


                                    71 


81.82 USD




Purchase


                                   123 


81.83 USD




Purchase


                                   101 


81.84 USD




Purchase


                                      3 


81.85 USD




Purchase


                                3,452 


81.86 USD




Purchase


                                      2 


81.87 USD




Purchase


                                    40 


81.9 USD




Purchase


                                      1 


81.91 USD




Purchase


                                    19 


81.92 USD




Purchase


                                    18 


81.94 USD




Purchase


                                    61 


81.95 USD




Purchase


                                    87 


81.96 USD




Purchase


                                    17 


81.965 USD




Purchase


                                   186 


81.97 USD




Purchase


                                   256 


81.98 USD




Purchase


                                      2 


82 USD




Purchase


                                   229 


82.01 USD




Purchase


                                    16 


82.02 USD




Purchase


                                      1 


82.09 USD




Purchase


                                   100 


82.17 USD




Purchase


                                      2 


82.24 USD




Purchase


                                      1 


82.29 USD




Purchase


                                      1 


82.36 USD




 Purchase


                                    18 


82.84 USD



 
 



Purchase/sale


Number of relevant securities


Price per unit (Note 4) 




Sale 


                                    30 


81.19 USD




 Sale 


                                   169 


81.22 USD




 Sale 


                                      5 


81.23 USD




 Sale 


                                      4 


81.24 USD




 Sale 


                                   121 


81.25 USD




 Sale 


                                    68 


81.26 USD




 Sale 


                                   375 


81.27 USD




 Sale 


                                   271 


81.28 USD




 Sale 


                                   344 


81.29 USD




 Sale 


                                   222 


81.3 USD




 Sale 


                                    24 


81.31 USD




 Sale 


                                    18 


81.32 USD




 Sale 


                                   285 


81.33 USD




 Sale 


                                   431 


81.35 USD




 Sale 


                                    99 


81.36 USD




 Sale 


                                    49 


81.37 USD




 Sale 


                                    52 


81.38 USD




 Sale 


                                    26 


81.39 USD




 Sale 


                                   105 


81.4 USD




 Sale 


                                    72 


81.401 USD




 Sale 


                                   100 


81.42 USD




 Sale 


                                      1 


81.43 USD




 Sale 


                                   177 


81.44 USD




 Sale 


                                      1 


81.45 USD




 Sale 


                                   110 


81.46 USD




 Sale 


                                   123 


81.47 USD




 Sale 


                                   314 


81.48 USD




 Sale 


                                2,088 


81.49 USD




 Sale 


                                   230 


81.5 USD




 Sale 


                                   327 


81.51 USD




 Sale 


                                   526 


81.52 USD




 Sale 


                                    57 


81.525 USD




 Sale 


                                    34 


81.53 USD




 Sale 


                                   591 


81.54 USD




 Sale 


                                1,050 


81.55 USD




 Sale 


                                    23 


81.555 USD




 Sale 


                                   234 


81.56 USD




 Sale 


                                   606 


81.57 USD




 Sale 


                                   245 


81.575 USD




 Sale 


                                   155 


81.58 USD




 Sale 


                                      4 


81.585 USD




 Sale 


                                   397 


81.59 USD




 Sale 


                                   260 


81.595 USD




 Sale 


                                   409 


81.6 USD




 Sale 


                                      5 


81.605 USD




 Sale 


                                1,071 


81.61 USD




 Sale 


                                2,110 


81.62 USD




 Sale 


                                    86 


81.625 USD




 Sale 


                                   960 


81.63 USD




 Sale 


                                   443 


81.64 USD




 Sale 


                                   315 


81.65 USD




 Sale 


                                   200 


81.66 USD




 Sale 


                                   316 


81.67 USD




 Sale 


                                   694 


81.68 USD




 Sale 


                                   100 


81.69 USD




 Sale 


                                   717 


81.7 USD




 Sale 


                                      1 


81.705 USD




 Sale 


                                   254 


81.71 USD




 Sale 


                                   149 


81.72 USD




 Sale 


                                   138 


81.725 USD




 Sale 


                                      5 


81.73 USD




 Sale 


                                   394 


81.74 USD




 Sale 


                                   518 


81.75 USD




 Sale 


                                   213 


81.76 USD




 Sale 


                                   607 


81.77 USD




 Sale 


                                1,066 


81.78 USD




 Sale 


                                   986 


81.79 USD




 Sale 


                                1,540 


81.8 USD




 Sale 


                                   612 


81.81 USD




 Sale 


                                   271 


81.82 USD




 Sale 


                                   230 


81.83 USD




 Sale 


                                   308 


81.84 USD




 Sale 


                                    67 


81.85 USD




 Sale 


                                      4 


81.855 USD




 Sale 


                                1,032 


81.86 USD




 Sale 


                                      1 


81.87 USD




 Sale 


                                   711 


81.88 USD




 Sale 


                                    85 


81.885 USD




 Sale 


                                   480 


81.89 USD




 Sale 


                                    88 


81.895 USD




 Sale 


                                   278 


81.9 USD




 Sale 


                                   145 


81.91 USD




 Sale 


                                   267 


81.92 USD




 Sale 


                                   610 


81.93 USD




 Sale 


                                   343 


81.94 USD




 Sale 


                                   144 


81.95 USD




 Sale 


                                   269 


81.96 USD




 Sale 


                                   158 


81.97 USD




 Sale 


                                      1 


81.975 USD




 Sale 


                                    55 


81.98 USD




 Sale 


                                    15 


81.99 USD




 Sale 


                                      5 


82 USD




 Sale 


                                   268 


82.01 USD




 Sale 


                                    34 


82.02 USD




 Sale 


                                    57 


82.03 USD




 Sale 


                                      3 


82.06 USD




 Sale 


                                    34 


82.07 USD




 Sale 


                                    11 


82.08 USD




 Sale 


                                      1 


82.12 USD




 Sale 


                                    13 


82.13 USD




 Sale 


                                      4 


82.14 USD




 Sale 


                                      3 


82.15 USD




 Sale 


                                    11 


82.16 USD




 Sale 


                                   187 


82.17 USD




 Sale 


                                    12 


82.18 USD




 Sale 


                                      1 


82.19 USD




 Sale 


                                    86 


82.26 USD




 Sale 


                                    40 


82.27 USD




 Sale 


                                   209 


82.28 USD




 Sale 


                                    63 


82.29 USD




 Sale 


                                    36 


82.31 USD




 Sale 


                                    91 


82.34 USD




 Sale 


                                    43 


82.35 USD




 Sale 


                                   168 


82.36 USD




 Sale 


                                      2 


82.37 USD




 Sale 


                                    31 


82.38 USD




 Sale 


                                    86 


82.46 USD




 Sale 


                                      4 


82.49 USD




 Sale 


                                    87 


82.5 USD




 Sale 


                                    44 


82.65 USD




 Sale 


                                   113 


82.66 USD




 Sale 


                                   189 


82.67 USD




 Sale 


                                   171 


82.68 USD




 Sale 


                                    70 


82.69 USD




 Sale 


                                   100 


82.7 USD




 Sale 


                                    85 


82.71 USD




 Sale 


                                   174 


82.72 USD




 Sale 


                                    72 


82.721 USD




 Sale 


                                   457 


82.73 USD




 Sale 


                                   469 


82.74 USD




 Sale 


                                   740 


82.75 USD




 Sale 


                                   259 


82.76 USD




 Sale 


                                   272 


82.77 USD




 Sale 


                                    89 


82.78 USD




 Sale 


                                    86 


82.79 USD




 Sale 


                                    85 


82.8 USD




 Sale 


                                    18 


82.84 USD




 Sale 


                                   341 


81.856 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


Closing a Short Position


113


81.724 USD




Swaps


Increasing a Short Position


620


81.802 USD




Swaps


Reducing a Short Position


25


81.723 USD




Swaps


Reducing a Long Position


1,000


81.627 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 339,600 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


05/05/2020




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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