GoldmanSachs International Form 8.5 (EPT/RI) (0539A)

TIDMCOB

RNS Number : 0539A

GoldmanSachs International

16 January 2020

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:            (GS) GOLDMAN SACHS INTERNATIONAL 
 (b) Name of offeror/offeree in relation         COBHAM PLC 
  to whose relevant securities this 
  form relates: 
  Use a separate form for each offeror/offeree 
---------------------------------------------- 
 (c) Name of the party to the offer              AI CONVOY BIDCO LIMITED 
  with which exempt principal trader              (AN INDIRECT SUBSIDIARY 
  is connected:                                   OF FUNDS MANAGED BY ADVENT 
                                                  INTERNATIONAL CORPORATION) 
---------------------------------------------- 
 (d) Date dealing undertaken:                    15 January 2020 
---------------------------------------------- 
 (e) In addition to the company in               N/A 
  1(b) above, is the 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.         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      Purchases/    Total number    Highest price         Lowest price 
    relevant        sales      of securities      per unit       per unit paid/received 
    security                                    paid/received 
 2.5p ordinary   Purchases         1,496,580       1.6465 GBP                1.6455 GBP 
--------------  -----------  ---------------  --------------- 
 2.5p ordinary     Sales           1,253,161       1.6464 GBP                1.6455 GBP 
--------------  -----------  ---------------  --------------- 
 
   (b)        Cash-settled derivative transactions 
 
   Class of        Product         Nature of dealing       Number of    Price per 
    relevant      description     e.g. opening/closing     reference       unit 
    security       e.g. CFD      a long/short position,    securities 
                                  increasing/reducing 
                                 a long/short position 
 2.5p ordinary       CFD          Increasing a short              871   1.6455 GBP 
                                        position 
--------------  -------------  ------------------------  ------------ 
 2.5p ordinary       CFD          Increasing a short            2,653   1.6455 GBP 
                                        position 
--------------  -------------  ------------------------  ------------ 
 2.5p ordinary       CFD           Reducing a short             1,000   1.6457 GBP 
                                        position 
--------------  -------------  ------------------------  ------------ 
 2.5p ordinary       CFD            Opening a long             50,000   1.6464 GBP 
                                        position 
--------------  -------------  ------------------------  ------------ 
 2.5p ordinary       CFD          Increasing a short          200,000   1.6465 GBP 
                                        position 
--------------  -------------  ------------------------  ------------ 
 
   (c)        Stock-settled derivative transactions (including options) 
   (i)         Writing, selling, purchasing or varying 
 
    Class         Product        Writing,          Number       Exercise         Type         Expiry    Option 
  of relevant    description    purchasing,     of securities     price      e.g. American,    date      money 
   security       e.g. call       selling,        to which       per unit       European                 paid/ 
                   option       varying etc.       option                         etc.                  received 
                                                   relates                                              per unit 
 
 
   (ii)        Exercise 
 
 Class of relevant   Product description    Exercising     Number of    Exercise price 
      security            e.g. call         / exercised    securities      per unit 
                            option            against 
 
 
   (d)        Other dealings (including subscribing for new securities) 
 
 Class of relevant    Nature of dealing    Details         Price per 
      security        e.g. subscription,              unit (if applicable) 
                          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:    16 January 2020 
 Contact name:          Kashif Rafiq and Papa Lette 
--------------------- 
                        [phone] / +44(20) 
 Telephone number:       7774 7442 
--------------------- 
 

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 at [e-mail]. 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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January 16, 2020 06:21 ET (11:21 GMT)