J.P. Morgan Securities LLC AbbVie Inc. 38.5a

Date : 26/03/2020 @ 10:58
Source : UK Regulatory (RNS & others)

J.P. Morgan Securities LLC AbbVie Inc. 38.5a

TIDMTTM

RNS Number : 7093H

J.P. Morgan Securities LLC

26 March 2020

Ap27

   FORM   38.5(b) 
   IRISH  TAKEOVER   PANEL 
   DISCLOSURE UNDER RULE 38.5(b) OF THE IRISH  TAKEOVER   PANEL ACT,  1997,  TAKEOVER  RULES, 2013 
   DEALINGS BY CONNECTED EXEMPT  PRINCIPAL  TRADERS WITHOUT RECOGNISED  INTERMEDIARY   STATUS, 
   OR WITH RECOGNISED  INTERMEDIARY   STATUS  BUT NOT DEALING IN A  CLIENT-SERVING   CAPACITY 
   1.          KEY   INFORMATION 
 
Name of exempt principal    J.P Morgan Securities LLC 
 trader 
Company dealt in            AbbVie Inc. 
                            ========================= 
Class of relevant security  Common stock 
 to which the dealings 
 being disclosed relate 
 (Note 1) 
                            ========================= 
Date of dealing             25 March 2020 
                            ========================= 
 
   2.          INTERESTS AND SHORT POSITIONS 

(a) Interests and short positions (following dealing) in the class of relevant

security   dealt   in   (Note   2) 
 
                                         Long               Short 
                             Number      (%)     Number       (%) 
                             =========  ======  ===========  ====== 
                              13,709,099         4,597,836 
(1) Relevant securities        0.93               0.31 
                             =================  =================== 
(2) Derivatives (other                           2,707,027 
 than options)                3,979,780 0.27      0.18 
                             =================  =================== 
(3) Options and agreements 
 to purchase/sell             721,400 0.05       848,400 0.06 
                             =================  =================== 
                              18,410,279         8,153,263 
Total                          1.25               0.55 
                             =================  =================== 
 
 

(b) Interests and short positions in relevant securities of the company, other than the class dealt

in   (Note   2) 
 
Class of relevant security:               Long                Short 
                             Number        (%)     Number         (%) 
                             =========    ======  ===========    ====== 
(1) Relevant securities 
                             ===================  ===================== 
(2) Derivatives (other 
 than options) 
                             ===================  ===================== 
(3) Options and agreements 
 to purchase/sell 
                             ===================  ===================== 
Total 
                             ===================  ===================== 
 
 

Ap28

   3.       DEALINGS  (Note   3) 
   (a)      Purchases and sales 
 
 Purchase/sale         Number of relevant securities       Price per unit 
                                                              (Note 4) 
  Purchases                      50                       65.9300 USD 
                                 300                      65.9900 USD 
                                 679                      66.0045 USD 
                                1,100                     66.0241 USD 
                                 830                      66.0409 USD 
                                 97                       66.0943 USD 
                                 98                       66.1150 USD 
                                1,266                     66.1203 USD 
                                7,327                     66.3284 USD 
                                 373                      66.3489 USD 
                                 100                      66.5000 USD 
                                 10                       66.6200 USD 
                                1,499                     66.6671 USD 
                                 300                      66.7400 USD 
                                 100                      66.7500 USD 
                                 100                      66.7600 USD 
                                  1                       66.7800 USD 
                                 340                      66.8562 USD 
                                  6                       66.9400 USD 
                                  8                       66.9625 USD 
                                 102                      66.9700 USD 
                                  2                       66.9900 USD 
                                  4                       67.0200 USD 
                                 10                       67.0780 USD 
                                 191                      67.1000 USD 
                                 100                      67.1800 USD 
                               25,980                     67.2790 USD 
                                 932                      67.4900 USD 
                                9,073                     67.5306 USD 
                                 30                       67.6500 USD 
                                5,884                     67.6875 USD 
                                  2                       67.7728 USD 
                                 500                      67.7860 USD 
                                 130                      67.8196 USD 
                                3,543                     67.8240 USD 
                                 117                      67.8341 USD 
                               25,046                     67.9100 USD 
                                 850                      67.9160 USD 
                                2,900                     68.1003 USD 
                                 446                      68.1035 USD 
                                 100                      68.1200 USD 
                                 700                      68.1614 USD 
                                 100                      68.1800 USD 
                                1,200                     68.1967 USD 
                                2,266                     68.2001 USD 
                                2,327                     68.2031 USD 
                                1,400                     68.2850 USD 
                                 100                      68.3700 USD 
                                 200                      68.5850 USD 
                                 40                       68.8400 USD 
                                2,638                     68.9942 USD 
                                1,390                     69.2953 USD 
                                 42                       69.5800 USD 
                                 258                      69.6107 USD 
                                  3                       69.6200 USD 
                                  1                       69.6400 USD 
                                 171                      69.6500 USD 
                                 200                      69.6850 USD 
 
     Sales                      1,679                     66.4400 USD 
                                 250                      66.4460 USD 
                                1,782                     66.7400 USD 
                                 340                      66.8562 USD 
                                2,250                     66.9504 USD 
                                 40                       67.0100 USD 
                               25,980                     67.2790 USD 
                                 932                      67.4900 USD 
                                9,073                     67.5306 USD 
                                  1                       67.5800 USD 
                                  8                       67.6100 USD 
                                4,771                     67.6259 USD 
                                4,376                     67.6500 USD 
                                5,884                     67.6875 USD 
                                 200                      67.7000 USD 
                                 92                       67.7250 USD 
                                 240                      67.7833 USD 
                                 130                      67.8196 USD 
                                1,300                     67.8215 USD 
                                 100                      67.8400 USD 
                               100,555                    67.9100 USD 
                                 850                      67.9160 USD 
                                 100                      68.5000 USD 
                                2,772                     69.2400 USD 
                                1,390                     69.2953 USD 
                                1,150                     69.3826 USD 
                                  1                       69.4000 USD 
                                 104                      69.4096 USD 
                                 113                      69.4100 USD 
                                 100                      70.0000 USD 
                ====================================  =================== 
 
   (b)      Derivatives transactions (other than options transactions) 
 
   Product     Nature of transaction   Number of relevant   Price per 
    name,                                  securities          unit 
   e.g. CFD           (Note 5)              (Note 6)          (USD) 
                                                             (Note 4) 
Equity Swaps           Long                  9,073          67.5307 
                                             5,884           67.6875 
                                             60,265          67.9100 
                                             1,390           69.2953 
 
                       Short                  340            66.8562 
                                             25,980          67.2790 
                                              130            67.8196 
                                              850            67.9141 
              ======================  ===================  ========== 
 
   (c)      Options transactions in respect of existing relevant securities 
   (i)       Writing,   selling, purchasing or varying 
 
  Product       Writing,       Number of      Exercise        Type,       Expiry          Option 
    name,       selling,       securities       price     e.g. American,   date     money paid/received 
  e.g. call    purchasing,      to which                     European                    per unit 
   option        varying       the option                      etc.                      (Note 4) 
                  etc.        relates (Note 
                                   7) 
 
 
   (ii)      Exercising 
 
 Product name,             Number of securities       Exercise price 
  e.g. call option                                     per unit (Note 
                                                       4) 
 
 

(d) Other dealings (including transactions in respect of new securities) (Note 3)

 
 Nature of transaction         Details       Price per unit 
  (Note 7)                                    (if applicable) 
                                              (Note 4) 
 
 

Ap29

   4.       OTHER  INFORMATION 

Agreements, arrangements or understandings relating to options or derivatives

   Full details of any agreement, arrangement or understanding between the person disclosing   and 

any other person relating to the voting rights of any relevant securities under any

option   referred   to 

on this form or relating to the voting rights or future acquisition or disposal of any relevant securities

to which any derivative referred to on this form is referenced. If none, this should be stated.

   Is a Supplemental Form 38.5(b) attached?  (Note   8)                      YES 
 
Date of disclosure           26 March 2020 
Contact name                 Alwyn Basch 
                             ============================= 
Telephone number             020 7742 7407 
                             ============================= 
Name of offeree/offeror      Allergan plc 
 with which connected 
                             ============================= 
Nature of connection (Note   Financial Advisor to Allergan 
 9)                           plc 
                             ============================= 
 

Ap31

   SUPPLEMENTAL   FORM   38.5(b) 
   IRISH  TAKEOVER   PANEL 
   DISCLOSURE UNDER RULE 38.5(b) OF THE IRISH  TAKEOVER   PANEL ACT,  1997,  TAKEOVER  RULES, 2013 
   DETAILS   OF OPEN POSITIONS 
   (This   form   should   be   attached   to   Form   38.5(b))   OPEN POSITIONS  (Note   1) 
 
   Product        Written        Number of      Exercise   Type, e.g.    Expiry 
    name,       or purchased      relevant        price     American,     date 
  e.g. call                      securities       (Note     European 
    option                        to which         2)         etc. 
                                 the option 
                                or derivative 
                                   relates 
Call Option     Purchased         10,000        105.00     American    19JUN20 
 Call Option     Purchased         6,100         110.00     American    19JUN20 
 Call Option     Purchased         41,200        85.00      American    19JUN20 
 Call Option     Purchased         8,400         92.50      American    19JUN20 
 Call Option     Purchased         11,200        95.00      American    19JUN20 
 Call Option     Purchased         7,200         100.00     American    19JUN20 
 Call Option     Purchased         21,100        80.00      American    19JUN20 
 Call Option     Purchased         2,500         87.50      American    19JUN20 
 Call Option     Purchased         7,900         90.00      American    19JUN20 
 Call Option     Purchased         5,600         97.50      American    19JUN20 
 Call Option     Purchased         2,500         115.00     American    19JUN20 
 Call Option     Purchased         10,000        67.50      American    17APR20 
 Call Option     Purchased         8,500         105.00     American    15JAN21 
 Call Option     Purchased         10,000        110.00     American    15JAN21 
 Call Option     Purchased        100,000        70.00      American    15JAN21 
 Call Option     Purchased         50,000        92.50      American    15JAN21 
 Call Option     Purchased         15,000        91.57      American    15JAN21 
 Call Option     Purchased         15,000        95.93      American    15JAN21 
 Call Option     Purchased         7,900         95.00      American    18SEP20 
 Call Option     Purchased         9,500         100.00     American    18SEP20 
 Call Option      Written          8,500         105.00     American    19JUN20 
 Call Option      Written          6,100         110.00     American    19JUN20 
 Call Option      Written          18,200        85.00      American    19JUN20 
 Call Option      Written          8,400         92.50      American    19JUN20 
 Call Option      Written          11,200        95.00      American    19JUN20 
 Call Option      Written          7,200         100.00     American    19JUN20 
 Call Option      Written          21,100        80.00      American    19JUN20 
 Call Option      Written          2,500         87.50      American    19JUN20 
 Call Option      Written          4,500         90.00      American    19JUN20 
 Call Option      Written          5,600         97.50      American    19JUN20 
 Call Option      Written          2,500         115.00     American    19JUN20 
 Call Option      Written          20,000        82.50      American    15JAN21 
 Call Option      Written          15,000        91.57      American    15JAN21 
 Call Option      Written          15,000        95.93      American    15JAN21 
 Put Option      Purchased        102,500        60.00      American    19JUN20 
 Put Option      Purchased         4,400         67.50      American    19JUN20 
 Put Option      Purchased         31,300        65.00      American    19JUN20 
 Put Option      Purchased         32,300        70.00      American    19JUN20 
 Put Option      Purchased         16,400        75.00      American    19JUN20 
 Put Option      Purchased         85,400        77.50      American    19JUN20 
 Put Option      Purchased          900          85.00      American    19JUN20 
 Put Option      Purchased         7,000         72.50      American    19JUN20 
 Put Option      Purchased         45,000        80.00      American    19JUN20 
 Put Option      Purchased         29,100        55.00      American    19JUN20 
 Put Option      Purchased         10,000        60.00      American    17APR20 
 Put Option      Purchased         9,700         60.00      American    15JAN21 
 Put Option      Purchased          600          67.50      American    15JAN21 
 Put Option      Purchased         4,900         65.00      American    15JAN21 
 Put Option      Purchased         12,100        70.00      American    15JAN21 
 Put Option      Purchased         12,100        75.00      American    15JAN21 
 Put Option      Purchased          800          77.50      American    15JAN21 
 Put Option      Purchased        140,000        82.50      American    15JAN21 
 Put Option      Purchased         5,100         62.50      American    15JAN21 
 Put Option      Purchased         3,000         72.50      American    15JAN21 
 Put Option      Purchased         20,000        80.00      American    15JAN21 
 Put Option      Purchased         15,000        78.49      American    15JAN21 
 Put Option      Purchased         15,000        82.85      American    15JAN21 
 Put Option      Purchased        100,000        78.50      American    24APR20 
 Put Option       Written         102,500        60.00      American    19JUN20 
 Put Option       Written          4,400         67.50      American    19JUN20 
 Put Option       Written          31,300        65.00      American    19JUN20 
 Put Option       Written          32,300        70.00      American    19JUN20 
 Put Option       Written          11,400        75.00      American    19JUN20 
 Put Option       Written          8,900         77.50      American    19JUN20 
 Put Option       Written          1,900         72.50      American    19JUN20 
 Put Option       Written          29,100        55.00      American    19JUN20 
 Put Option       Written          20,000        60.00      American    15JAN21 
 Put Option       Written         100,000        70.00      American    15JAN21 
 Put Option       Written          15,000        78.49      American    15JAN21 
 Put Option       Written          15,000        82.85      American    15JAN21 
              ==============  ===============  =========  ===========  ======== 
 

Notes

1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given. Full details of any existing agreements to purchase or to sell must also be given on this form.

   2.       For all prices and other monetary amounts, the currency must be stated. 
   For full details of  disclosur e   requirements,  see Rules 8 and 

38.5 of the Rules. If in doubt, consult the Panel.

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 rns@lseg.com or visit www.rns.com.

END

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March 26, 2020 06:58 ET (10:58 GMT)

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