REG - BkofA Merrill Lynch Qualcomm Inc - 20250526_QUALCOMM INC_8.3_BAC

QualcommAnnouncement

27/05/2025 10:45

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RNS Number : 2376K  Bank of America Merrill Lynch  27 May 2025

FORM 8.3

 

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE
Rule 8.3 of the Takeover Code (the "Code")

 

 1.  KEY INFORMATION

 (a)  Full name of discloser:                                                         Bank of America Corporation
 (b)  Owner or controller of interests and short positions disclosed, if different
    from 1(a):
    The naming of nominee or vehicle companies is

 insufficient. For a trust, the trustee(s), settlor and

 beneficiaries must be named.
 (c)  Name of offeror/offeree in relation to whose relevant securities this form      QUALCOMM INC
    relates:
    Use a separate form for each offeror/offeree
 (d)  If an exempt fund manager connected with an offeror/offeree, state this and
    specify identity of offeror/offeree:
 (e)  Date position held/dealing undertaken:                                          26/05/2025
    For an opening position disclosure, state the latest

 practicable date prior to the disclosure
 (f)  In addition to the company in 1(c) above, is the                                No

 discloser making disclosures in respect of any

 other party to the offer?
    If it is a cash offer or possible cash offer, state "N/A"

Bank of America Corporation

 (b)  Owner or controller of interests and short positions disclosed, if different
      from 1(a):
      The naming of nominee or vehicle companies is

insufficient. For a trust, the trustee(s), settlor and

beneficiaries must be named.

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

QUALCOMM INC

 (d)  If an exempt fund manager connected with an offeror/offeree, state this and
      specify identity of offeror/offeree:

 (e)  Date position held/dealing undertaken:
      For an opening position disclosure, state the latest

practicable date prior to the disclosure

26/05/2025

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

discloser 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 PERSON MAKING THE DISCLOSURE

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(c), 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:           USD 0.0001 common
                                       Interests           Short Positions
                                       Number      %       Number      %
 (1)  Relevant securities owned        15,389,561  1.411%  7,452,468   0.683%

 and/or controlled:
 (2)  Cash-settled derivatives:        5,962,523   0.547%  4,371,616   0.401%
 (3)  Stock-settled derivatives        295,200     0.027%  348,400     0.032%

 (including options) and

 agreements to purchase/sell:
 TOTAL:                                21,647,284  1.985%  12,172,484  1.116%

15,389,561

1.411%

7,452,468

0.683%

 (2)  Cash-settled derivatives:

5,962,523

0.547%

4,371,616

0.401%

 (3)  Stock-settled derivatives

(including options) and

agreements to purchase/sell:

295,200

0.027%

348,400

0.032%

TOTAL:

21,647,284

1.985%

12,172,484

1.116%

 

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   N/A

which subscription right exists:
 Details, including nature of the rights     N/A

concerned and relevant percentages:

 

 3.  DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities
of the offeror or offeree named in 1(c), 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  Purchase/sale  Number of    Price per unit

securities
 USD 0.0001 common           Purchase       142          129.514 EUR
 USD 0.0001 common           Purchase       1            129.6 EUR
 USD 0.0001 common           Purchase       5            130.8 EUR

 

 Class of relevant security  Purchase/sale  Number of    Price per unit

securities
 USD 0.0001 common           Sale           38           129.38 EUR
 USD 0.0001 common           Sale           84           129.4 EUR
 USD 0.0001 common           Sale           1            129.6 EUR
 USD 0.0001 common           Sale           11           130.22 EUR
 USD 0.0001 common           Sale           9            130.28 EUR
 USD 0.0001 common           Sale           5            130.8 EUR

 

 (b)  Cash-settled derivative transactions

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

relevant security
e.g. CFD
e.g. opening/closing a

long/short position, increasing/reducing a

long/short position
 N/A                 N/A                  N/A                                          N/A                             N/A

 

 (c)  Stock-settled derivative transactions (including options)

 (i)  Writing, selling, purchasing or varying

 Class               Product description e.g. call option  Writing, purchasing, selling, varying etc.  Number                               Exercise   Type                           Expiry date  Option money paid/ received per unit

of
of
price
e.g. American, European etc.

relevant security
securities to which option relates
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  Exercising/  Number of    Exercise Price per

e.g. call option
exercised
securities
unit

against
 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               Details  Price per unit (if applicable)

e.g. subscription, conversion
 N/A                         N/A                             N/A      N/A

 

 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 person 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 person 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:  27/05/2025
 Contact name:        Frank Lui
 Telephone number:    +44207 996 6418

 

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:              Bank of America Corporation
 Name of offeror/offeree in relation to whose        QUALCOMM INC

relevant securities the disclosure relates:

Bank of America Corporation

 Name of offeror/offeree in relation to whose

relevant securities the disclosure relates:

QUALCOMM INC

 2.                              STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)
 Class of relevant security      Product description  Written or purchased  Number of securities to which option or derivative relates  Exercise price per unit  Type        Expiry date

e.g. call
e.g.

option
American,

European

etc.
 USD 0.0001 common               Call Equity Options  Long                  50,000                                                      155 USD                  AMERICAN    19/09/2025
 USD 0.0001 common               Call Equity Options  Long                  100                                                         165 USD                  AMERICAN    15/08/2025
 USD 0.0001 common               Call Equity Options  Long                  50,000                                                      165 USD                  AMERICAN    18/06/2026
 USD 0.0001 common               Call Equity Options  Long                  6,300                                                       185 USD                  AMERICAN    16/01/2026
 USD 0.0001 common               Call Equity Options  Long                  12,900                                                      190 USD                  AMERICAN    16/01/2026
 USD 0.0001 common               Call Equity Options  Long                  33,000                                                      195 USD                  AMERICAN    20/06/2025
 USD 0.0001 common               Call Equity Options  Long                  10,200                                                      195 USD                  AMERICAN    16/01/2026
 USD 0.0001 common               Call Equity Options  Long                  19,100                                                      200 USD                  AMERICAN    16/01/2026
 USD 0.0001 common               Put Equity Options   Long                  13,400                                                      135 USD                  AMERICAN    16/01/2026
 USD 0.0001 common               Put Equity Options   Long                  2,000                                                       140 USD                  AMERICAN    19/09/2025
 USD 0.0001 common               Put Equity Options   Long                  19,600                                                      140 USD                  AMERICAN    16/01/2026
 USD 0.0001 common               Put Equity Options   Long                  21,600                                                      145 USD                  AMERICAN    16/01/2026
 USD 0.0001 common               Put Equity Options   Long                  31,400                                                      155 USD                  AMERICAN    19/09/2025
 USD 0.0001 common               OTC Derivatives      Long                  4,923                                                                                            09/07/2025
 USD 0.0001 common               OTC Derivatives      Long                  1,037,022                                                                                        16/07/2026
 USD 0.0001 common               Call Equity Options  Short                 100                                                         143 USD                  AMERICAN    20/06/2025
 USD 0.0001 common               Call Equity Options  Short                 2,400                                                       145 USD                  AMERICAN    20/06/2025
 USD 0.0001 common               Call Equity Options  Short                 1,200                                                       150 USD                  AMERICAN    20/06/2025
 USD 0.0001 common               Call Equity Options  Short                 10,600                                                      150 USD                  AMERICAN    15/08/2025
 USD 0.0001 common               Call Equity Options  Short                 75,000                                                      150 USD                  AMERICAN    19/09/2025
 USD 0.0001 common               Call Equity Options  Short                 100                                                         150 USD                  AMERICAN    17/10/2025
 USD 0.0001 common               Call Equity Options  Short                 100                                                         155 USD                  AMERICAN    13/06/2025
 USD 0.0001 common               Call Equity Options  Short                 7,700                                                       155 USD                  AMERICAN    20/06/2025
 USD 0.0001 common               Call Equity Options  Short                 200                                                         155 USD                  AMERICAN    18/07/2025
 USD 0.0001 common               Call Equity Options  Short                 3,700                                                       155 USD                  AMERICAN    19/09/2025
 USD 0.0001 common               Call Equity Options  Short                 4,700                                                       160 USD                  AMERICAN    20/06/2025
 USD 0.0001 common               Call Equity Options  Short                 100                                                         160 USD                  AMERICAN    15/08/2025
 USD 0.0001 common               Call Equity Options  Short                 100                                                         160 USD                  AMERICAN    19/09/2025
 USD 0.0001 common               Call Equity Options  Short                 13,700                                                      165 USD                  AMERICAN    20/06/2025
 USD 0.0001 common               Call Equity Options  Short                 200                                                         165 USD                  AMERICAN    15/08/2025
 USD 0.0001 common               Call Equity Options  Short                 100                                                         165 USD                  AMERICAN    19/09/2025
 USD 0.0001 common               Call Equity Options  Short                 1,800                                                       165 USD                  AMERICAN    17/10/2025
 USD 0.0001 common               Call Equity Options  Short                 200                                                         170 USD                  AMERICAN    18/07/2025
 USD 0.0001 common               Call Equity Options  Short                 200                                                         170 USD                  AMERICAN    19/09/2025
 USD 0.0001 common               Call Equity Options  Short                 100                                                         170 USD                  AMERICAN    17/10/2025
 USD 0.0001 common               Call Equity Options  Short                 300                                                         170 USD                  AMERICAN    16/01/2026
 USD 0.0001 common               Call Equity Options  Short                 1,000                                                       175 USD                  AMERICAN    20/06/2025
 USD 0.0001 common               Call Equity Options  Short                 600                                                         175 USD                  AMERICAN    18/07/2025
 USD 0.0001 common               Call Equity Options  Short                 4,700                                                       175 USD                  AMERICAN    15/08/2025
 USD 0.0001 common               Call Equity Options  Short                 500                                                         175 USD                  AMERICAN    16/01/2026
 USD 0.0001 common               Call Equity Options  Short                 600                                                         180 USD                  AMERICAN    18/07/2025
 USD 0.0001 common               Call Equity Options  Short                 100                                                         180 USD                  AMERICAN    15/08/2025
 USD 0.0001 common               Call Equity Options  Short                 100                                                         180 USD                  AMERICAN    19/09/2025
 USD 0.0001 common               Call Equity Options  Short                 3,700                                                       180 USD                  AMERICAN    17/10/2025
 USD 0.0001 common               Call Equity Options  Short                 35,000                                                      185 USD                  AMERICAN    20/06/2025
 USD 0.0001 common               Call Equity Options  Short                 5,000                                                       185 USD                  AMERICAN    19/09/2025
 USD 0.0001 common               Call Equity Options  Short                 34,000                                                      185 USD                  AMERICAN    16/01/2026
 USD 0.0001 common               Call Equity Options  Short                 500                                                         190 USD                  AMERICAN    20/06/2025
 USD 0.0001 common               Call Equity Options  Short                 900                                                         190 USD                  AMERICAN    19/09/2025
 USD 0.0001 common               Call Equity Options  Short                 13,500                                                      190 USD                  AMERICAN    17/10/2025
 USD 0.0001 common               Call Equity Options  Short                 100                                                         190 USD                  AMERICAN    20/03/2026
 USD 0.0001 common               Call Equity Options  Short                 200                                                         195 USD                  AMERICAN    20/06/2025
 USD 0.0001 common               Call Equity Options  Short                 100                                                         195 USD                  AMERICAN    20/03/2026
 USD 0.0001 common               Call Equity Options  Short                 500                                                         210 USD                  AMERICAN    15/08/2025
 USD 0.0001 common               Call Equity Options  Short                 100                                                         220 USD                  AMERICAN    20/06/2025
 USD 0.0001 common               Call Equity Options  Short                 1,300                                                       230 USD                  AMERICAN    20/06/2025
 USD 0.0001 common               Call Equity Options  Short                 100                                                         230 USD                  AMERICAN    15/08/2025
 USD 0.0001 common               Call Equity Options  Short                 35,000                                                      230 USD                  AMERICAN    16/01/2026
 USD 0.0001 common               Call Equity Options  Short                 200                                                         240 USD                  AMERICAN    20/06/2025
 USD 0.0001 common               Put Equity Options   Short                 3,400                                                       130 USD                  AMERICAN    30/05/2025
 USD 0.0001 common               Put Equity Options   Short                 200                                                         135 USD                  AMERICAN    20/06/2025
 USD 0.0001 common               Put Equity Options   Short                 75,000                                                      135 USD                  AMERICAN    19/09/2025
 USD 0.0001 common               Put Equity Options   Short                 1,000                                                       140 USD                  AMERICAN    15/08/2025
 USD 0.0001 common               Put Equity Options   Short                 34,000                                                      140 USD                  AMERICAN    16/01/2026
 USD 0.0001 common               OTC Derivatives      Short                 12,680                                                                                           09/07/2025
 USD 0.0001 common               OTC Derivatives      Short                 1,037,022                                                                                        16/07/2026

 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:
 None

 

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

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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