Bank of America Merrill Lynch Form 8.5 (EPT/NON-RI) (7035D)

TIDMTTM TIDMKWE

RNS Number : 7035D

Bank of America Merrill Lynch

28 April 2017

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

 
1.  KEY INFORMATION 
 
 
 (a)  Name of exempt principal trader:                                                  Bank of America, N.A., 
                                                                                        Proprietary 
-------------------------------------------------------------------------------------  ------------------------------- 
 (b)  Name of offeror/offeree in relation to whose                                      Kennedy-Wilson Holdings Inc 
        relevant securities this form relates: 
        Use a separate form for each offeror/offeree 
-------------------------------------------------------------------------------------  ------------------------------- 
 (c)  Name of the party to the offer with which exempt principal trader is connected:   Kennedy-Wilson Holdings Inc 
-------------------------------------------------------------------------------------  ------------------------------- 
 (d)  Date position held/dealing undertaken:                                            27/04/2017 
        For an opening position disclosure, state the latest 
        practicable date prior to the disclosure 
-------------------------------------------------------------------------------------  ------------------------------- 
 (e)  In addition to the company in 1(b) above, is the                                  NO 
        exempt principal trader making disclosures in 
        respect of any other party to the offer? 
        If it is a cash offer or possible cash offer, state "N/A" 
-------------------------------------------------------------------------------------  ------------------------------- 
 
 
2.  POSITIONS OF THE EXEMPT PRINCIPAL TRADER 
 

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

 
(a)  Interests and short positions in the 
      relevant securities of the offeror or 
      offeree to which the disclosure relates 
      following the dealing (if any) 
 
 
 Class of relevant security:            Common - US4893981070 
-------------------------------------  ------------------------------------ 
                                        Interests         Short Positions 
-------------------------------------  ----------------  ------------------ 
                                        Number   %        Number    % 
-------------------------------------  -------  -------  --------  -------- 
 (1)  Relevant securities owned 
        and/or controlled:              21,325   0.019%   0         0% 
-------------------------------------  -------  -------  --------  -------- 
 (2)  Cash-settled derivatives:         8,934    0.008%   8,934     0.008% 
-------------------------------------  -------  -------  --------  -------- 
 (3)  Stock-settled derivatives 
        (including options) and 
        agreements to purchase/sell:    0        0%       0         0% 
-------------------------------------  -------  -------  --------  -------- 
      TOTAL:                            30,259   0.026%   8,934     0.008% 
-------------------------------------  -------  -------  --------  -------- 
 

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 
(b)  Rights to subscribe for new securities 
      (including directors' and other employee 
      options) 
 
 
 Class of relevant security in relation to   N/A 
  which subscription right exists: 
------------------------------------------ 
 Details, including nature of the rights     N/A 
  concerned and relevant percentages: 
------------------------------------------  ---- 
 
 
3.  DEALINGS (IF ANY) 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 3(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/   Total number of securities   Highest price    Lowest price 
                               sales                                     per unit         per unit 
                                                                         paid/received    paid/received 
---------------------------  -----------  ---------------------------  ---------------  --------------- 
 Common - ISIN US4893981070   Purchase     21                           20.55 USD        20.55 USD 
---------------------------  -----------  ---------------------------  ---------------  --------------- 
 
 
(b)  Cash-settled derivative transactions 
 
 
 Class of             Product description   Nature of dealing             Number of reference           Price per unit 
  relevant security    e.g. CFD             e.g. opening/closing a        securities 
                                            long/short position, 
                                            increasing/reducing a 
                                            long/short position 
-------------------  --------------------  ----------------------------  ----------------------------  --------------- 
 N/A                  N/A                   N/A                           N/A                           N/A 
-------------------  --------------------  ----------------------------  ----------------------------  --------------- 
 
 
(c)  Stock-settled derivative transactions 
      (including options) 
 
 
(i)  Writing, selling, purchasing or varying 
 
 
 Class           Product        Writing,       Number          Exercise    Type            Expiry date   Option money 
 of              description    purchasing,    of               price      e.g.                          paid/ 
 relevant        e.g. call      selling,       securities to    per unit   American,                     received per 
 security        option         varying etc.   which option                European etc.                 unit 
                                               relates 
--------------  -------------  -------------  --------------  ----------  --------------  ------------  -------------- 
 N/A             N/A            N/A            N/A             N/A         N/A             N/A           N/A 
--------------  -------------  -------------  --------------  ----------  --------------  ------------  -------------- 
 
 
(ii)  Exercise 
 
 
 Class of relevant security   Product description   Exercising/   Number of     Exercise Price per 
                               e.g. call option      exercised     securities    unit 
                                                     against 
---------------------------  --------------------  ------------  ------------  ------------------- 
 N/A                          N/A                   N/A           N/A           N/A 
---------------------------  --------------------  ------------  ------------  ------------------- 
 
 
(d)  Other dealings (including subscribing 
      for new securities) 
 
 
 Class of relevant security         Nature of dealing          Details   Price per unit (if applicable) 
                               e.g. subscription, conversion 
---------------------------  -------------------------------  --------  ------------------------------- 
            N/A                            N/A                   N/A                  N/A 
---------------------------  -------------------------------  --------  ------------------------------- 
 
 
4.  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 
----------------------------------------------------------------------------------------------- 
 
 
(c)  Attachments 
 
 
 Is a Supplemental Form 8 (Open Positions) attached?   No 
----------------------------------------------------  --- 
 
 
 Date of disclosure:    28/04/2017 
---------------------  ---------------- 
 Contact name:          Harshini Gopa 
---------------------  ---------------- 
 Telephone number:      [phone] 
---------------------  ---------------- 
 

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 disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 28, 2017 06:29 ET (10:29 GMT)