REG - Morgan Stanley & Co. RSA Ins Grp - Form 8.5 (EPT/RI) - RSA INSURANCE GROUP PLC
RNS Number : 9200GMorgan Stanley & Co. Int'l plc30 November 2020FORM 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:
Morgan Stanley & Co. International plc
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:
Use a separate form for each offeror/offeree
RSA Insurance Group plc
(c) Name of the party to the offer with which exempt principal trader is connected:
A consortium of Intact Financial Corporation and Tryg A/S
(d) Date dealing undertaken:
27 November 2020
(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"
NO
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
100p ordinary
PURCHASES
5,321,712
6.7600 GBP
6.7440 GBP
100p ordinary
SALES
3,818,245
6.7700 GBP
6.7440 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
100p ordinary
CFD
LONG
2,372
6.7440 GBP
100p ordinary
CFD
LONG
2,870
6.7440 GBP
100p ordinary
CFD
LONG
10,368
6.7440 GBP
100p ordinary
CFD
LONG
1,256
6.7440 GBP
100p ordinary
CFD
LONG
8,554
6.7440 GBP
100p ordinary
CFD
LONG
443,682
6.7479 GBP
100p ordinary
CFD
LONG
512
6.7480 GBP
100p ordinary
CFD
LONG
13,907
6.7484 GBP
100p ordinary
CFD
LONG
4,393
6.7498 GBP
100p ordinary
CFD
LONG
209,678
6.7514 GBP
100p ordinary
CFD
LONG
80,240
6.7514 GBP
100p ordinary
CFD
LONG
1,000
6.7515 GBP
100p ordinary
CFD
LONG
552
6.7535 GBP
100p ordinary
CFD
LONG
2,448
6.7540 GBP
100p ordinary
CFD
LONG
33,880
6.7560 GBP
100p ordinary
CFD
LONG
5,721
6.7676 GBP
100p ordinary
CFD
SHORT
24,400
6.7440 GBP
100p ordinary
CFD
SHORT
10,783
6.7440 GBP
100p ordinary
CFD
SHORT
136,621
6.7440 GBP
100p ordinary
CFD
SHORT
1,503
6.7440 GBP
100p ordinary
CFD
SHORT
7,200
6.7440 GBP
100p ordinary
CFD
SHORT
8,554
6.7440 GBP
100p ordinary
CFD
SHORT
147,000
6.7441 GBP
100p ordinary
CFD
SHORT
153,000
6.7442 GBP
100p ordinary
CFD
SHORT
114,000
6.7445 GBP
100p ordinary
CFD
SHORT
744,682
6.7447 GBP
100p ordinary
CFD
SHORT
53,425
6.7447 GBP
100p ordinary
CFD
SHORT
25,000
6.7453 GBP
100p ordinary
CFD
SHORT
499,000
6.7471 GBP
100p ordinary
CFD
SHORT
25,000
6.7490 GBP
100p ordinary
CFD
SHORT
32,344
6.7491 GBP
100p ordinary
CFD
SHORT
64,456
6.7500 GBP
100p ordinary
CFD
SHORT
25,000
6.7510 GBP
100p ordinary
CFD
SHORT
25,000
6.7510 GBP
100p ordinary
CFD
SHORT
25,587
6.7516 GBP
100p ordinary
CFD
SHORT
10,721
6.7520 GBP
100p ordinary
CFD
SHORT
10,000
6.7530 GBP
100p ordinary
CFD
SHORT
1,000,000
6.7534 GBP
100p ordinary
CFD
SHORT
8,859
6.7535 GBP
100p ordinary
CFD
SHORT
1,228
6.7536 GBP
100p ordinary
CFD
SHORT
5,200
6.7571 GBP
100p ordinary
CFD
SHORT
2,400
6.7571 GBP
100p ordinary
CFD
SHORT
254,262
6.7571 GBP
100p ordinary
CFD
SHORT
16,800
6.7571 GBP
100p ordinary
CFD
SHORT
33,800
6.7571 GBP
100p ordinary
CFD
SHORT
550,665
6.7574 GBP
100p ordinary
CFD
SHORT
36,000
6.7574 GBP
100p ordinary
CFD
SHORT
4,000
6.7574 GBP
100p ordinary
CFD
SHORT
50,000
6.7645 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:
30 November 2020
Contact name:
Craig Horsley
Telephone number:
+44 141 245-7736
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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