REG - JP Morgan Sec LLC Barrick Gold Corp - Form 8.5 (EPT/NON-RI)- Barrick Gold Corporation

Barrick GoldAnnouncement

11/09/2019 11:55

RNS Number : 9955L
J.P. Morgan Securities LLC
11 September 2019
 


FORM 8.5 (EPT/NON-RI)
 
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code (the "Code")
 
1.         KEY INFORMATION
 



(a) Name of exempt principal trader:


J.P Morgan Securities LLC




(b) Name of offeror/offeree in relation to whose relevant securities this form relates:
     Use a separate form for each offeror/offeree


Barrick Gold Corporation




(c) Name of the party to the offer with which exempt principal trader is connected:


Financial Adviser and Corporate Broker to Acacia Mining plc




(d) Date position held/dealing undertaken:
     For an opening position disclosure, state the latest practicable date prior to the disclosure


10 September 2019




(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?
     If it is a cash offer or possible cash offer, state "N/A"


No



 
2.         POSITIONS OF THE EXEMPT PRINCIPAL TRADER
 
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
 
(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)
 



Class of relevant security:
 


Common stock




 
 


Interests


Short positions




Number
 


%
 


Number
 


%
 




(1) Relevant securities owned and/or controlled:


1,546,169


0.09


1,140,226


0.07




(2) Cash-settled derivatives:
 


1,330,605


0.08


1,904,448


0.11




(3) Stock-settled derivatives (including options) and agreements to purchase/sell:


1,398,100


0.08


965,200


0.06




 
     TOTAL:


4,274,874


0.25


4,009,874


0.24



 
All interests and all short positions should be disclosed.
 
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
 
(b)        Rights to subscribe for new securities (including directors' and other employee options)
 



Class of relevant security in relation to which subscription right exists:








Details, including nature of the rights concerned and relevant percentages:







 
 
3.         DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
 
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
 
The currency of all prices and other monetary amounts should be stated.
 
(a)        Purchases and sales
 



Class of relevant security


Purchases/ sales
 


Total number of securities


Highest price per unit paid/received
 


Lowest price per unit paid/received
 




Common stock
 


Purchases
 
 
Sales


89,233
94,887
 
75,675


17.4900 USD
22.7815 CAD
 
17.4900 USD


17.0100 USD
22.6911 CAD
 
17.0100 USD



 
 
(b)        Cash-settled derivative transactions
 



Class of relevant security


Product description
e.g. CFD


Nature of dealing
e.g. opening/closing a long/short position, increasing/reducing a long/short position


Number of reference securities


Price per unit
 




Common stock


Equity Swaps


Long
 
Short


11,800
 
75,200


17.4486 USD
 
 22.7816 CAD



 
(c)        Stock-settled derivative transactions (including options)
 
(i)         Writing, selling, purchasing or varying
 



Class of relevant security


Product description e.g. call option


Writing, purchasing, selling, varying etc.


Number of securities to which option relates


Exercise price per unit
(USD)


Type
e.g. American, European etc.


Expiry date


Option money paid/ received per unit
(USD)




Common Stock































 
 
 
 
(ii)        Exercise
 



Class of relevant security


Product description
e.g. call option


Exercising/ exercised against


Number of securities


Exercise price per unit

























 
(d)        Other dealings (including subscribing for new securities)
 



Class of relevant security


Nature of dealing
e.g. subscription, conversion


Details


Price per unit (if applicable)








 
 











 
 
4.         OTHER INFORMATION
 
(a)        Indemnity and other dealing arrangements
 



Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"




 
None
 



 
(b)        Agreements, arrangements or understandings relating to options or derivatives
 



Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:
(i)  the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state "none"




None
 
 
 



 
(c)        Attachments
 



Is a Supplemental Form 8 (Open Positions) attached?


Yes



 
 



Date of disclosure:


11 September 2019




Contact name:


Alwyn Basch




Telephone number:


020 7742 7407



 
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
 
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
 
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
 
 
SUPPLEMENTAL FORM 8 (OPEN POSITIONS)
 
DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the "Code")
 
 
1.         KEY INFORMATION
 



Full name of person making disclosure:


J.P Morgan Securities LLC




Name of offeror/offeree in relation to whose relevant securities the disclosure relates:


Barrick Gold Corporation



 
2.         STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)
 



Class of relevant security


Product description e.g. call option


Written or purchased


Number of securities to which option or derivative relates


Exercise price per unit
(USD)


Type
e.g. American, European etc.


Expiry date




Common Stock


Call Option
Call Option
Call Option
Call Option
Call Option
Call Option
Call Option
Call Option
Call Option
Call Option
Put Option
Put Option
Put Option
Put Option
Call Option
Call Option
Call Option
Call Option
Call Option


Purchased
Purchased
Purchased
Written
Purchased
Purchased
Written
Written
Purchased
Purchased
Purchased
Purchased
Written
Purchased
Written
Purchased
Written
Purchased
Written


70,000
40,000
150,000
22,900
22,900
21,200
21,200
21,400
21,400
670,000
40,000
150,000
101,700
101,700
8,000
5,900
500,000
295,000
100,000


15.00 USD
15.00 USD
15.00 USD
12.00 USD
12.00 USD
15.00 USD
15.00 USD
17.00 USD
17.00 USD
19.00 USD
10.00 USD
13.00 USD
10.00 USD
10.00 USD
19.00 USD
20.00 USD
20.00 USD
19.00 USD
19.00 USD


American American American
American American American American American American
European
American
American
American American American American
American American
American


15/01/2021
17/01/2020
17/01/2020
19/06/2020
19/06/2020
19/06/2020
19/06/2020
19/06/2020
19/06/2020
17/01/2020
17/01/2020
17/01/2020
19/06/2020
19/06/2020
18/10/2019
20/09/2019
17/01/2020
20/09/2019
20/12/2019



 
3.         AGREEMENTS TO PURCHASE OR SELL ETC.
 



Full details should be given so that the nature of the interest or position can be fully understood:




 
 
 
 
 



 
It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.
 
The currency of all prices and other monetary amounts should be stated.
 
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
 
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.




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END
 
 
FEOLLFSIATILLIA