Source - LSE Regulatory
RNS Number : 5732U
JPMorgan Securities Plc
03 December 2021
 

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:

30 November 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, Norton LifeLock 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

870,212

 

704,200

6.0820 GBP

 

6.0830 GBP

6.0060 GBP

 

6.0080 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

6,571

100

 

3,633

816

10,480

8,599

5,260

49,100

3,579

11,800

25,129

632

1,490

3,261

 

4,335

 

260

342

5,626

10,436

17,987

14,392

6,072

643

13,286

13,847

48,004

182,288

1,200

18,207

17,051

4,911

 

756

6.0235 GBP

6.0349 GBP

 

6.0179 GBP

6.0229 GBP

6.0273 GBP

6.0283 GBP

6.0371 GBP

6.0378 GBP

6.0396 GBP

6.0404 GBP

6.0409 GBP

6.0438 GBP

6.0544 GBP

6.0562 GBP

 

6.0581 GBP

 

6.0060 GBP

6.0183 GBP

6.0195 GBP

6.0201 GBP

6.0213 GBP

6.0239 GBP

6.0253 GBP

6.0262 GBP

6.0302 GBP

6.0323 GBP

6.0324 GBP

6.0388 GBP

6.0409 GBP

6.0580 GBP

6.0583 GBP

6.0636 GBP

 

6.0379 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:

3 December 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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END
 
 
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