REG - JPMorgan Sec.Plc FirstGroup PLC - Form 8.5 (EPT/RI) - FirstGroup plc

FirstgroupAnnouncement

15/06/2022 11:15

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RNS Number : 9822O  JPMorgan Securities Plc  15 June 2022

FORM 8.5 (EPT/RI)

 

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED
INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

 (a) Name of exempt principal trader:                                            J.P. Morgan Securities Plc
 (b) Name of offeror/offeree in relation to whose relevant securities this form  FirstGroup plc
 relates:

      Use a separate form for each offeror/offeree
 (c) Name of the party to the offer with which exempt principal trader is        Financial Adviser and Corporate Broker to FirstGroup plc
 connected:
 (d) Date dealing undertaken:                                                    14 June 2022
 (e) In addition to the company in 1(b) above, is the exempt principal trader    N/A
 making disclosures in respect of any other party to this offer?

      If it is a cash offer or possible cash offer, state "N/A"

 

2.         DEALINGS 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 2(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

 5p ordinary                 Purchase          3,259,154                   1.3589 GBP                            1.3415 GBP

                             Sale              4,810,462                   1.3650 GBP                            1.3410 GBP

 

(b)        Cash-settled derivative transactions

 

 Class of relevant security  Product description  Nature of dealing                                                              Number of reference securities  Price per unit

                             e.g. CFD             e.g. opening/closing a long/short position, increasing/reducing a long/short
                                                  position
 5p ordinary                 Equity Swap          Decrease Long                                                                  13,262                          1.3510 GBP

                                                  Decrease Short                                                                 10,410                          1.3469 GBP

                                                                                                                                 169,259                         1.3470 GBP

                                                                                                                                 34,506                          1.3502 GBP

                                                                                                                                 767                             1.3522 GBP

                                                                                                                                 4,914                           1.3543 GBP

                                                                                                                                 3,265                           1.3551 GBP

                                                                                                                                 2,509                           1.3575 GBP

                                                                                                                                 779                             1.3580 GBP

                                                  Increase Long                                                                  1,963                           1.3479 GBP

                                                                                                                                 6,666                           1.3500 GBP

                                                                                                                                 81,255                          1.3511 GBP

                                                                                                                                 418                             1.3519 GBP

                                                                                                                                 30,458                          1.3530 GBP

                                                                                                                                 8,000                           1.3547 GBP

                                                  Increase Short                                                                 31,676                          1.3470 GBP

                                                                                                                                 5,627                           1.3471 GBP

                                                                                                                                 9,144                           1.3489 GBP

                                                                                                                                 2,965                           1.3490 GBP

                                                                                                                                 7,010                           1.3499 GBP

                                                                                                                                 14,932                          1.3500 GBP

                                                                                                                                 22,000                          1.3503 GBP

                                                                                                                                 21,299                          1.3504 GBP

                                                                                                                                 32,278                          1.3509 GBP

                                                                                                                                 58,508                          1.3510 GBP

                                                                                                                                 58,567                          1.3511 GBP

                                                                                                                                 15,189                          1.3515 GBP

                                                                                                                                 1,153                           1.3516 GBP

                                                                                                                                 70,034                          1.3527 GBP

                                                                                                                                 1,930                           1.3529 GBP

                                                                                                                                 451                             1.3570 GBP

                                                                                                                                 690                             1.3585 GBP

                                                                                                                                 2,872                           1.3587 GBP

                                                                                                                                 321                             1.3589 GBP

                                                                                                                                 35,120                          1.3600 GBP

                                                  Opening a Long Position                                                        1,607,000                       1.3410 GBP

                                                  Opening a Short Position

                                                                                                                                 2,980                           1.3569 GBP

 

(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  Type                           Expiry date  Option money paid/ received per unit

                                                                                                                                                                                      e.g. American, European etc.

 

(ii)        Exercise

 

 Class of relevant security  Product description  Exercising/ exercised against  Number of securities  Exercise price per unit

                             e.g. call option

 

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

 

 Class of relevant security  Nature of dealing               Details  Price per unit (if applicable)

                             e.g. subscription, conversion

 

3.         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

 

 

 Date of disclosure:  15 June 2022
 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 dealing disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk
(http://www.thetakeoverpanel.org.uk) .

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