Source - LSE Regulatory
RNS Number : 9034V
Goldman Sachs & Co. LLC
19 April 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

16 April 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

1,993,373.542

(1.54)

1,194,118.542

(0.92)

(2) Derivatives (other than options)

648,126

(0.50)

2,378,896

(1.84)

(3) Options and agreements to purchase/sell

0

(0.00)

0

(0.00)

Total

2,641,499.542

(2.04)

3,573,014.542

(2.77)

 

(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

11

239.6900 USD

Purchase

89

240.0150 USD

Purchase

13

240.1850 USD

Purchase

1

240.4000 USD

Purchase

299

240.4000 USD

Purchase

7

240.4000 USD

Purchase

100

240.4000 USD

Purchase

380

240.4000 USD

Purchase

92

240.4000 USD

Purchase

2,842

240.4000 USD

Purchase

79

240.5000 USD

Purchase

100

240.5050 USD

Purchase

100

241.1300 USD

Purchase

100

241.2800 USD

Purchase

4

241.3550 USD

Purchase

2,046

242.2000 USD

Sale

15

239.4300 USD

Sale

10

239.5100 USD

Sale

6

239.5200 USD

Sale

84

239.5500 USD

Sale

80

239.5600 USD

Sale

20

239.5600 USD

Sale

84

239.6200 USD

Sale

95

239.6200 USD

Sale

95

239.6300 USD

Sale

5

239.6300 USD

Sale

1

239.6600 USD

Sale

99

239.6600 USD

Sale

5

239.6700 USD

Sale

100

239.6900 USD

Sale

100

239.7100 USD

Sale

100

239.7300 USD

Sale

40

239.7300 USD

Sale

60

239.7300 USD

Sale

100

239.7400 USD

Sale

100

239.7500 USD

Sale

11

239.7600 USD

Sale

100

239.7600 USD

Sale

15

239.7700 USD

Sale

85

239.7700 USD

Sale

5

239.7700 USD

Sale

100

239.7900 USD

Sale

3

239.8100 USD

Sale

96

239.8200 USD

Sale

1

239.8200 USD

Sale

20

239.8500 USD

Sale

20

239.8500 USD

Sale

60

239.8500 USD

Sale

7

239.8700 USD

Sale

93

239.8700 USD

Sale

28

239.9600 USD

Sale

15

239.9600 USD

Sale

28

239.9600 USD

Sale

1

239.9600 USD

Sale

8

239.9600 USD

Sale

20

239.9600 USD

Sale

100

239.9700 USD

Sale

90

240.0700 USD

Sale

10

240.0800 USD

Sale

30

240.1100 USD

Sale

86

240.1100 USD

Sale

24

240.1200 USD

Sale

26

240.1200 USD

Sale

12

240.1400 USD

Sale

50

240.1500 USD

Sale

50

240.1500 USD

Sale

12

240.1500 USD

Sale

27

240.1500 USD

Sale

22

240.1600 USD

Sale

23

240.1700 USD

Sale

100

240.1700 USD

Sale

14

240.1700 USD

Sale

100

240.1900 USD

Sale

14

240.2200 USD

Sale

14

240.2200 USD

Sale

44

240.2300 USD

Sale

24

240.2300 USD

Sale

74

240.2300 USD

Sale

24

240.2300 USD

Sale

12

240.2300 USD

Sale

32

240.2400 USD

Sale

32

240.2500 USD

Sale

1

240.2600 USD

Sale

71

240.2600 USD

Sale

4

240.2600 USD

Sale

1

240.2600 USD

Sale

44

240.2600 USD

Sale

14

240.2600 USD

Sale

100

240.2700 USD

Sale

1

240.2800 USD

Sale

10

240.2850 USD

Sale

42

240.2900 USD

Sale

100

240.2900 USD

Sale

53

240.3200 USD

Sale

4

240.3200 USD

Sale

42

240.3500 USD

Sale

100

240.3500 USD

Sale

4

240.3700 USD

Sale

54

240.3700 USD

Sale

98

240.3700 USD

Sale

100

240.3700 USD

Sale

20

240.3700 USD

Sale

2

240.3700 USD

Sale

1

240.3800 USD

Sale

21

240.3800 USD

Sale

10

240.3900 USD

Sale

1,186

240.4000 USD

Sale

791

240.4000 USD

Sale

1,821

240.4000 USD

Sale

729

240.4000 USD

Sale

42

240.4000 USD

Sale

1,145

240.4000 USD

Sale

140,000

240.4000 USD

Sale

791

240.4000 USD

Sale

325

240.4000 USD

Sale

81,000

240.4000 USD

Sale

1

240.4100 USD

Sale

95

240.4300 USD

Sale

47

240.4300 USD

Sale

5

240.4300 USD

Sale

100

240.4400 USD

Sale

46

240.4500 USD

Sale

99

240.4500 USD

Sale

100

240.4600 USD

Sale

5

240.4800 USD

Sale

94

240.4800 USD

Sale

1

240.5000 USD

Sale

100

240.5200 USD

Sale

100

240.5500 USD

Sale

20

240.7200 USD

Sale

40

240.7200 USD

Sale

20

240.7200 USD

Sale

20

240.7200 USD

 

(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

Opening a long position

4,736

240.0786 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

19 April 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

554

0.0000

N/A

29/06/2021

Swap

Sold

36,084

0.0000

N/A

16/05/2022

Swap

Sold

69,482

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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