This announcement replaces the previous RNS announcement 4631G released at 11:48 on the 26th July 2021. Amendment made to section 1e All other information remains unchanged
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: | UBS Investment Bank, London |
| (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: | Avast plc |
| (d) Date dealing undertaken: | 23 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" | YES |
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 | Buy
| 1196297 | 5.81400 GBP | 5.74799 GBP |
| 10p ordinary | Sell
| 772803 | 5.81400 GBP | 5.74799 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 | CFD
| Long | 26 | 5.7608 GBP |
| 10p ordinary | CFD
| Long | 230 | 5.76752173913043 GBP |
| 10p ordinary | CFD
| Long | 7 | 5.75 GBP |
| 10p ordinary | CFD
| Long | 1182 | 5.754888 GBP |
| 10p ordinary | CFD
| Long | 65 | 5.74969230769231 GBP |
| 10p ordinary | CFD
| Long | 7500 | 5.768736 GBP |
| 10p ordinary | CFD
| Long | 1703 | 5.786 GBP |
| 10p ordinary | CFD
| Long | 36 | 5.770722 GBP |
| 10p ordinary | CFD
| Long | 2820 | 5.766544 GBP |
| 10p ordinary | CFD
| Long | 324 | 5.776 GBP |
| 10p ordinary | CFD
| Long | 590000 | 5.75 GBP |
| 10p ordinary | CFD
| Long | 590000 | 5.752875 GBP |
| 10p ordinary | CFD
| Short | 50263 | 5.786 GBP |
| 10p ordinary | CFD
| Short | 20944 | 5.764213 GBP |
| 10p ordinary | CFD
| Short | 7742 | 5.777402 GBP |
| 10p ordinary | CFD
| Short | 1206 | 5.763509 GBP |
| 10p ordinary | CFD
| Short | 44196 | 5.772373 GBP |
| 10p ordinary | CFD
| Short | 1703 | 5.787275 GBP |
| 10p ordinary | CFD
| Short | 88349 | 5.764483 GBP |
| 10p ordinary | CFD
| Short | 105617 | 5.782396 GBP |
| 10p ordinary | CFD
| Short | 12624 | 5.755529 GBP |
| 10p ordinary | CFD
| Short | 10676 | 5.773247 GBP |
| 10p ordinary | CFD
| Short | 40000 | 5.77171855 GBP |
| 10p ordinary | CFD
| Short | 609 | 5.772368 GBP |
| 10p ordinary | CFD
| Short | 2042 | 5.782298 GBP |
| 10p ordinary | CFD
| Short | 186 | 5.77543 GBP |
| 10p ordinary | CFD
| Short | 16341 | 5.767427 GBP |
| 10p ordinary | CFD
| Short | 590000 | 5.75 GBP |
| 10p ordinary | CFD
| Short | 590000 | 5.752875 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 |
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(ii) Exercise
| Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
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(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) |
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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 " |
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None
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(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" |
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None |
Date of disclosure: | 28 July 2021 |
Contact name: | Richard Howard |
Telephone number: | +44 (0)207 568 9128 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk
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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