AMENDMENT
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: | 20 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, NortonLifeLock Inc. |
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 | 1,433,737
1,526,808 | 6.0120 GBP
6.0080 GBP | 5.8900 GBP
5.8900 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
Opening a Long Position
Opening a Short Position | 5,855 16,533 649 18,453 9,911 9,971 18,363
1,174 13,578 42,192 1,200 1,890 13,259 29,450 3,633 2,261 1,356 12,605 600 1,173 8,236
2,138 13,730 5,798 13,095 2,058 5,739 4,924 781 753 5,536 4,373 15,523
428 49,117 361 3,623 13,492 4,400 38 6,017 13,827 5,221 2,302 5,200 27,752 8,113 560 369 2 2,513
43,334 12,788
64,857 2164 | 5.8918 GBP 5.9009 GBP 5.9221 GBP 5.9298 GBP 5.9414 GBP 5.9421 GBP 5.9804 GBP
5.8982 GBP 5.8997 GBP 5.9000 GBP 5.9289 GBP 5.9436 GBP 5.9439 GBP 5.9448 GBP 5.9547 GBP 5.9659 GBP 5.9720 GBP 5.9842 GBP 5.9898 GBP 5.9940 GBP 5.9977 GBP
5.8991 GBP 5.9128 GBP 5.9438 GBP 5.9545 GBP 5.9646 GBP 5.9647 GBP 5.9682 GBP 5.9775 GBP 5.9781 GBP 5.9791 GBP 5.9792 GBP 5.9853 GBP
5.8998 GBP 5.9000 GBP 5.9007 GBP 5.9204 GBP 5.9220 GBP 5.9231 GBP 5.9297 GBP 5.9329 GBP 5.9374 GBP 5.9399 GBP 5.9433 GBP 5.9464 GBP 5.9505 GBP 5.9516 GBP 5.9752 GBP 5.9869 GBP 5.9870 GBP 5.9876 GBP
5.9000 GBP 5.9600 GBP
5.9408 GBP 5.9053 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: | 05 August 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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