JPMorgan Securities Plc Form 8.5 (EPT/RI)- FirstGroup plc (5044N)

TIDMFGP

RNS Number : 5044N

JPMorgan Securities Plc

09 May 2018

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    FirstGroup plc 
 securities this form relates: 
 Use a separate form for each offeror/offeree 
-----------------------------------------------------------  --------------------------------------------------------- 
 (c) Name of the party to the offer with which exempt         Financial Adviser and Corporate Broker to FirstGroup plc 
 principal trader is connected: 
-----------------------------------------------------------  --------------------------------------------------------- 
 (d) Date dealing undertaken:                                 08 May 2018 
-----------------------------------------------------------  --------------------------------------------------------- 
 (e) In addition to the company in 1(b) above, is the         N/A 
 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" 
-----------------------------------------------------------  --------------------------------------------------------- 
 
   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 (GBP)         paid/received 
                                                                                                        (GBP) 
-----------------------  -----------------  ------------------------  -----------------------  ----------------------- 
 Ordinary Shares             Purchases              1,602,275                  1.0416                   0.9485 
 
                                Sales               1,624,401                  1.0550                   0.9445 
-----------------------  -----------------  ------------------------  -----------------------  ----------------------- 
 
   (b)        Cash-settled derivative transactions 
 
   Class of relevant      Product description     Nature of dealing       Number of reference     Price per unit (GBP) 
        security                e.g. CFD        e.g. opening/closing a         securities 
                                                 long/short position, 
                                                increasing/reducing a 
                                                 long/short position 
-----------------------  --------------------  -----------------------  -----------------------  --------------------- 
    Ordinary Shares           Equity Swap                Long                    34,158                  0.9556 
                                                                                 22,393                  0.9596 
                                                                                 16,000                  0.9637 
                                                                                  3,723                  0.9640 
                                                                                 11,900                  0.9675 
                                                                                 51,490                  0.9704 
                                                                                 90,231                  0.9750 
                                                                                  4,145                  0.9769 
                                                                                 56,582                  0.9804 
                                                                                  7,891                  0.9844 
                                                                                 54,165                  0.9958 
                                                                                 15,302                  0.9962 
                                                                                 231,290                 0.9973 
                                                                                 18,891                  1.0028 
                                                                                  4,532                  1.0170 
                                                                                 90,065                  1.0384 
 
                                                         Short                   67,792                  0.9699 
                                                                                 447,688                 0.9750 
                                                                                 40,543                  0.9751 
                                                                                 273,250                 0.9886 
                                                                                 13,861                  1.0039 
                                                                                 44,573                  1.0171 
                                                                                 53,289                  1.0287 
-----------------------  --------------------  -----------------------  -----------------------  --------------------- 
 
   (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 (GBP)     American,                   received per 
                    option      varying etc.      option                       European                    unit (GBP) 
                                                 relates                         etc. 
--------------  -------------  -------------  -------------  -------------  -------------  ------------  ------------- 
 
 
   (ii)        Exercise 
 
   Class of relevant      Product description   Exercising/ exercised    Number of securities     Exercise price per 
        security            e.g. call option           against                                           unit 
                                                                                                        (GBP) 
-----------------------  --------------------  -----------------------  ---------------------  ----------------------- 
 
 
   (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                          (GBP) 
---------------------------  -------------------------------  --------  ------------------------------- 
 
 
   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:    09 May 2018 
---------------------  -------------- 
 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.

This information is provided by RNS

The company news service from the London Stock Exchange

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May 09, 2018 06:00 ET (10:00 GMT)