REG - BkofA Merrill Lynch Metro Bank PLC - Form 8.5 (EPT/RI)

Metro Bank HoldingsAnnouncement

05/11/2021 10:50

RNS Number : 5156R
  
Bank of America Merrill Lynch
  
05 November 2021
  
 


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: 






Merrill Lynch International







(b) 


Name of offeror/offeree in relation to whose

relevant securities this form relates:
Use a separate form for each offeror/offeree






Metro Bank PLC







(c) 


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






Metro Bank PLC







(d) 


Date dealing undertaken: 






04/11/2021







(e) 


In addition to the company in 1(b) above, is the

exempt principal trader making disclosures in

respect of any other party to this offer?
If it is a cash offer or possible cash offer, state "N/A" 






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 




0.0001p ordinary


Purchase


98,060


1.392 GBP


1.03 GBP




0.0001p ordinary


Sale


130,494


1.4 GBP


1.005 GBP



 




(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




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


249


1.061 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


2,768


1.33 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


849


1.061 GBP




0.0001p ordinary


Swaps - Equity Swaps


Increasing a Short Position


4,432


1.035 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


2,081


1.33 GBP




0.0001p ordinary


Swaps - Equity Swaps


Increasing a Short Position


1,526


1.341 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


1,046


1.157 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


4,113


1.157 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


2,006


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Closing a Short Position


7,486


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


1,038


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


1,990


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


1,412


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Increasing a Short Position


7,486


1.392 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


623


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


836


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


3,252


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


1,750


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


845


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


839


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


618


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


1,991


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Closing a Short Position


7,368


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


1,389


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Increasing a Short Position


7,368


1.392 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


1,022


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


1,952


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


1,150


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


3,755


1.303 GBP




0.0001p ordinary


Swaps - Equity Swaps


Reducing a Short Position


818


1.303 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

e.g. American, European etc.


Expiry date


Option money paid/ received per unit




N/A


N/A


N/A


N/A


N/A


N/A


N/A


N/A



 




(ii)


Exercise








Class of relevant security


Product description

e.g. call option


Exercising/

exercised

against 


Number of 

securities 


Exercise Price per 

unit 




N/A


N/A


N/A


N/A


N/A



 




(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)




N/A


N/A


N/A


N/A



 




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:


05/11/2021




Contact name:


Tolu Tade




Telephone number:


+44207 996 3410



 

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. 


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