Source - LSE Regulatory
RNS Number : 7754G
JPMorgan Securities Plc
28 July 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:

J.P. Morgan Securities Plc

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

     Use a separate form for each offeror/offeree

Avast plc

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

Financial Adviser and Corporate Broker to Avast Plc.

(d) Date dealing undertaken:

27 July 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

10p ordinary

Purchase

 

Sale

360,485

 

389,930

5.7960 GBP

 

5.7980 GBP

5.7160 GBP

 

5.7160 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

10p ordinary

Equity Swap

Decrease Long

 

 

 

 

 

 

Decrease Short

 

 

 

 

 

 

 

 

Increase Long

 

 

 

 

 

 

Increase Short

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,948

4,579

4,312

7,895

21,056

16,640

 

2,344

405

30,958

119,115

9,285

1,578

2,831

445

 

1,896

4,419

95

5,163

370

1,951

 

50,802

5,256

445

2

2,043

1,911

634

100

48

20

219

11

979

12,134

5,785

1,186

9,000

15,274

5.7281 GBP

5.7321 GBP

5.7329 GBP

5.7483 GBP

5.7518 GBP

5.7623 GBP

 

5.7258 GBP

5.7285 GBP

5.7320 GBP

5.7348 GBP

5.7350 GBP

5.7358 GBP

5.7403 GBP

5.7416 GBP

 

5.7318 GBP

5.7343 GBP

5.7362 GBP

5.7394 GBP

5.7442 GBP

5.7470 GBP

 

5.7302 GBP

5.7318 GBP

5.7320 GBP

5.7335 GBP

5.7355 GBP

5.7380 GBP

5.7390 GBP

5.7399 GBP

5.7402 GBP

5.7403 GBP

5.7407 GBP

5.7423 GBP

5.7462 GBP

5.7508 GBP

5.7511 GBP

5.7525 GBP

5.7551 GBP

5.7587 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









 

(ii)        Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit





 

 

 

(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)


 

 



 

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:

28 July 2021

Contact name:

Alwyn Basch

Telephone number:

020 7742 7407

 

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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