JPMorgan Securities Plc Form 8.5 (EPT/RI)-Avast plc Amend (1917Q)

TIDMAVST

RNS Number : 1917Q

JPMorgan Securities Plc

24 June 2022

AMMENT

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        Avast plc 
 securities this form relates: 
 Use a separate form for each offeror/offeree 
                                                                 ----------------------------------------------------- 
 (c) Name of the party to the offer with which exempt principal   Financial Adviser and Corporate Broker to Avast Plc. 
 trader is connected: 
                                                                 ----------------------------------------------------- 
 (d) Date dealing undertaken:                                     16 June 2022 
                                                                 ----------------------------------------------------- 
 (e) In addition to the company in 1(b) above, is the exempt      Yes, Norton LifeLock Inc. 
 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" 
                                                                 ----------------------------------------------------- 
 
   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      Purchases/ sales       Total number of       Highest price per unit   Lowest price per unit 
        security                                   securities              paid/received            paid/received 
      10p ordinary            Purchase              1,184,966                4.8599 GBP               4.7010 GBP 
 
                                Sale                1,468,551                4.8550 GBP               4.7150 GBP 
                         -----------------  ------------------------  -----------------------  ----------------------- 
 
   (b)        Cash-settled derivative transactions 
 
    Class of relevant       Product description      Nature of dealing         Number of reference      Price per unit 
         security                 e.g. CFD         e.g. opening/closing a           securities 
                                                    long/short position, 
                                                   increasing/reducing a 
                                                    long/short position 
       10p ordinary             Equity Swap            Decrease Long                    11                4.7535 GBP 
                                                                                       4,422              4.7542 GBP 
                                                                                       4,000              4.7553 GBP 
 
                                                       Decrease Short                  7,797              4.7270 GBP 
                                                                                      28,915              4.7485 GBP 
                                                                                       3,469              4.7524 GBP 
                                                                                       1,935              4.7528 GBP 
                                                                                       3,120              4.7562 GBP 
                                                                                       3,251              4.7579 GBP 
                                                                                       2,751              4.7602 GBP 
                                                                                       1,185              4.7611 GBP 
                                                                                       1,496              4.7660 GBP 
                                                                                         1                4.8760 GBP 
                                                                                      310,595             4.8550 GBP 
                                                                                      90,550              4.8482 GBP 
                                                                                      872,151             4.8470 GBP 
                                                                                      41,381              4.8452 GBP 
 
                                                       Increase Short                  1,164              4.7283 GBP 
                                                                                        526               4.7299 GBP 
                                                                                       1,748              4.7465 GBP 
                                                                                       5,620              4.7483 GBP 
                                                                                      70,436              4.7522 GBP 
                                                                                       4,292              4.7523 GBP 
                                                                                        662               4.7526 GBP 
                                                                                      481,725             4.7530 GBP 
                                                                                       5,796              4.7535 GBP 
                                                                                        93                4.7568 GBP 
                                                                                       8,766              4.7704 GBP 
                                                                                      50,000              4.7705 GBP 
                                                                                      50,000              4.7616 GBP 
                                                                                       1,300              4.7742 GBP 
                                                                                       4,400              4.8599 GBP 
                           --------------------  -------------------------  -------------------------  --------------- 
 
   (c)        Stock-settled derivative transactions (including options) 
   (i)         Writing, selling, purchasing or varying 
 
   Class of       Product        Writing,      Number of       Exercise          Type       Expiry date   Option money 
   relevant     description    purchasing,     securities      price per         e.g.                        paid/ 
   security      e.g. call       selling,       to which         unit         American,                   received per 
                   option      varying etc.      option                        European                       unit 
                                                relates                          etc. 
 
 
   (ii)        Exercise 
 
   Class of relevant      Product description   Exercising/ exercised    Number of securities     Exercise price per 
        security            e.g. call option           against                                           unit 
 
 
   (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 
 
 
   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:    24 June 2022 
 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 [phone].

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

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June 24, 2022 12:14 ET (16:14 GMT)