GKN 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 | Melrose Industries plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | GKN Plc |
(d) Date dealing undertaken: | 16 February 2018 |
(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' | YESGKN Plc |
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 |
48/7p ordinary | Buy | 3276475 | 2.28050 GBP | 2.24200 GBP |
48/7p ordinary | Sell | 2952967 | 2.28100 GBP | 2.155838 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 |
48/7p ordinary | CFD | Long | 1043215 | 2.2661 GBP |
48/7p ordinary | CFD | Long | 6819 | 2.26954538788679 GBP |
48/7p ordinary | CFD | Long | 20900 | 2.273816 GBP |
48/7p ordinary | CFD | Long | 529 | 2.271818 GBP |
48/7p ordinary | CFD | Long | 2118 | 2.27983002832861 GBP |
48/7p ordinary | CFD | Long | 7395 | 2.27883029073698 GBP |
48/7p ordinary | CFD | Long | 166 | 2.27981927710843 GBP |
48/7p ordinary | CFD | Long | 3321 | 2.27980728696176 GBP |
48/7p ordinary | CFD | Long | 18641 | 2.26925915991631 GBP |
48/7p ordinary | CFD | Short | 178244 | 2.27115414824622 GBP |
48/7p ordinary | CFD | Short | 292193 | 2.269 GBP |
48/7p ordinary | CFD | Short | 467509 | 2.26489047 GBP |
48/7p ordinary | CFD | Short | 53024 | 2.265754 GBP |
48/7p ordinary | CFD | Short | 70174 | 2.267606 GBP |
48/7p ordinary | CFD | Short | 20746 | 2.264783 GBP |
48/7p ordinary | CFD | Short | 7361 | 2.272862 GBP |
48/7p ordinary | CFD | Short | 308 | 2.2585 GBP |
48/7p ordinary | CFD | Short | 3791 | 2.260253 GBP |
48/7p ordinary | CFD | Short | 14244 | 2.265328 GBP |
48/7p ordinary | CFD | Short | 11719 | 2.272167 GBP |
48/7p ordinary | CFD | Short | 13534 | 2.263127 GBP |
48/7p ordinary | CFD | Short | 977 | 2.257421 GBP |
48/7p ordinary | CFD | Short | 19619 | 2.268887 GBP |
48/7p ordinary | CFD | Short | 2149 | 2.2735272219637 GBP |
48/7p ordinary | CFD | Short | 8000 | 2.25683125 GBP |
48/7p ordinary | CFD | Short | 34750 | 2.27334302158273 GBP |
48/7p ordinary | CFD | Short | 32690 | 2.27390027531355 GBP |
48/7p ordinary | CFD | Short | 47411 | 2.27532070616524 GBP |
48/7p ordinary | CFD | Short | 5273 | 2.27538403186042 GBP |
48/7p ordinary | CFD | Short | 26049 | 2.27366309647203 GBP |
48/7p ordinary | CFD | Short | 33236 | 2.25683144782766 GBP |
48/7p ordinary | CFD | Short | 26666 | 2.27336045901148 GBP |
48/7p ordinary | CFD | Short | 51776 | 2.2728405052534 GBP |
48/7p ordinary | CFD | Short | 2000 | 2.269442 GBP |
48/7p ordinary | CFD | Short | 800 | 2.2721 GBP |
48/7p ordinary | CFD | Short | 4400 | 2.267991 GBP |
48/7p ordinary | CFD | Short | 10081 | 2.26 GBP |
48/7p ordinary | CFD | Short | 6948 | 2.26137 GBP |
48/7p ordinary | CFD | Short | 23494 | 2.268848 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: | 19 February 2018 |
Contact name: | Wendy Dent |
Telephone number: | +44 (0)207 568 1245 |
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 atmonitoring@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 atwww.thetakeoverpanel.org.uk.
GKN plc published this content on 19 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 February 2018 10:40:02 UTC.
Original documenthttp://otp.investis.com/clients/uk/gkn1/rns/regulatory-story.aspx?cid=76&newsid=979197
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