REG - Goldman Sachs & Co. Willis Towers Watson - Form 38.5(b) - Willis Towers Watson plc

Willis Towers WatsonAnnouncement

14/06/2021 11:40

RNS Number : 8139B
  
Goldman Sachs & Co. LLC
  
14 June 2021
  
 

 
FORM 38.5(b)
 
IRISH TAKEOVER PANEL
 
DISCLOSURE UNDER RULE 38.5(b) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013
 
DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RECOGNISED INTERMEDIARY STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY
 
1. KEY INFORMATION
 



Name of exempt principal trader


GOLDMAN SACHS & CO. LLC




Company dealt in


WILLIS TOWERS WATSON PLC




Class of relevant security to which the dealings being disclosed relate (Note1)


USD 0.000304635 ordinary shares




Date of dealing


11 June 2021



 
2. INTERESTS AND SHORT POSITIONS
 
(a) Interests and short positions (following dealing) in the class of relevant security dealt in  (Note 2)
 



 


Long


Short




 


Number


(%)


Number


(%)




(1) Relevant securities 


2,226,174.542


(1.72)


2,179,049.542


(1.68)




(2) Derivatives (other than options)


642,361


(0.49)


2,626,630


(2.03)




(3) Options and agreements to purchase/sell


0


(0.00)


0


(0.00)




Total


2,868,535.542


(2.22)


4,805,679.542


(3.72)



 
(b) Interests and short positions in relevant securities of the company, other than the class dealt in  (Note 2)
 



Class of relevant security:


Long


Short




 


Number


(%)


Number


(%)




(1) Relevant securities 


 


 


 


 




(2) Derivatives (other than options)


 


 


 


 




(3) Options and agreements to purchase/sell


 


 


 


 




Total


 


 


 


 



 
3.    DEALINGS (Note 3)
(a) Purchases and sales
 



Purchase/sale


Number of relevant securities


Price per unit  (Note 4)




Purchase


36


257.4900 USD




Purchase


9


258.9200 USD




Sale


100


256.5850 USD




Sale


39


256.7300 USD




Sale


20


256.7500 USD




Sale


100


257.0950 USD




Sale


100


257.1600 USD




Sale


100


257.2400 USD




Sale


100


257.3400 USD




Sale


100


257.3400 USD




Sale


100


257.3500 USD




Sale


100


257.3500 USD




Sale


100


257.3550 USD




Sale


1


257.4900 USD




Sale


2


257.4900 USD




Sale


140


257.4900 USD




Sale


285


257.4900 USD




Sale


100


257.7200 USD




Sale (Borrow Partial Return)


16,200


N/A



 
(b) Derivatives transactions (other than options transactions)
 



Product name, e.g. CFD


Nature of transaction  (Note 5)


Number of relevant securities  (Note 6)


Price per unit  (Note 4)




CFD


Reducing a long position


109


257.5607 USD



 
(c) Options transactions in respect of existing relevant securities
 
(i) Writing, selling, purchasing or varying
 



Product name,e.g. call option


Writing, selling,  purchasing, varying etc.


Number of securities to which the option relates  (Note 7)


Exercise price


Type, e.g. American, European etc.


Expiry date


Option money paid/received per unit  (Note 4)




 


 


 


 


 


 


 



 
(ii)            Exercising 
 



Product name,e.g. call option


Number of securities


Exercise price per unit  (Note 4)




 


 


 



 
(d)            Other dealings (including transactions in respect of new securities)  (Note 3)
 



Nature of transaction  (Note 7)


Details


Price per unit (if applicable)  (Note 4)




 


 


 



 
4. OTHER INFORMATION
 
Agreements, arrangements or understandings relating to options or derivatives
 



Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.  If none, this should be stated.  




NONE



 
Is a Supplemental Form 8 attached? (Note 9)        YES 
 



Date of disclosure


14 June 2021




Contact name


Paul Grainger and Kashif Rafiq




Telephone number


+44(20) 7552 9835 / +44(20) 7051 0547




Name of offeree/offeror with which connected


WILLIS TOWERS WATSON PLC




Nature of connection (Note 9)


Advisor to Offeree



 
SUPPLEMENTAL FORM 38.5(b)
 
IRISH TAKEOVER PANEL
 
DISCLOSURE UNDER RULE 38.5(b) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013
 
DETAILS OF OPEN POSITIONS
 
OPEN POSITIONS (Note 1)
 



Product name,e.g. call option


Written or purchased


Number of relevant securities to which the option or derivative relates


Exercise price (Note 2)


Type, e.g. American, European etc. 


Expiry date




Swap


Sold


185


0.0000 


N/A


23/09/2021




Swap


Sold


562


0.0000 


N/A


29/06/2021




Swap


Sold


36,084


0.0000 


N/A


16/05/2022




Swap


Sold


84,311


0.0000 


N/A


16/05/2022




Swap


Sold


140,000


0.0000 


N/A


25/03/2022




Swap


Sold


140,000


0.0000 


N/A


24/03/2022




Swap


Purchased


597,000


0.0000 


N/A


04/01/2023




Swap


Sold


597,000


0.0000 


N/A


04/01/2023



 
Notes
1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given. Full details of any existing agreements to purchase or to sell must also be given on this form.
2. For all prices and other monetary amounts, the currency must be stated.
For full details of disclosure requirements, see Rules 8 and 38.5 of the Rules. If in doubt, consult the Panel.

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