Form 8.5 (EPT/RI)-Ascential plc

Morgan Stanley & Co. Int'l plc

25 July 2024

 

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:	Morgan Stanley & Co. International plc
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Ascential plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Informa plc
(d) Date dealing undertaken:	24 July 2024
(e) In addition to the company in 1(b) above, is the 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"	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 security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
1.7p ordinary	SALES	2,547,263	5.6700 GBP	5.5966 GBP
1.7p ordinary	PURCHASES	6,306,147	5.6750 GBP	5.5228 GBP

(b)        Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
1.7p ordinary	CFD	increasing a long position	221,372	5.6161 GBP
1.7p ordinary	CFD	increasing a long position	23	5.6200 GBP
1.7p ordinary	CFD	increasing a long position	11,503	5.6200 GBP
1.7p ordinary	CFD	increasing a long position	8,838	5.6200 GBP
1.7p ordinary	CFD	increasing a long position	52,571	5.6225 GBP
1.7p ordinary	CFD	increasing a long position	113,760	5.6234 GBP
1.7p ordinary	CFD	increasing a long position	7,500	5.6325 GBP
1.7p ordinary	CFD	increasing a long position	25,300	5.6413 GBP
1.7p ordinary	CFD	increasing a long position	18,188	5.6416 GBP
1.7p ordinary	CFD	increasing a long position	795	5.6457 GBP
1.7p ordinary	CFD	increasing a long position	26,677	5.6471 GBP
1.7p ordinary	CFD	increasing a long position	7,639	5.6497 GBP
1.7p ordinary	CFD	increasing a long position	159,189	5.6500 GBP
1.7p ordinary	CFD	increasing a long position	11,604	5.6516 GBP
1.7p ordinary	CFD	increasing a long position	2,452	5.6530 GBP
1.7p ordinary	CFD	increasing a short position	250,000	5.5228 GBP
1.7p ordinary	CFD	increasing a short position	52,666	5.5528 GBP
1.7p ordinary	CFD	increasing a short position	52,666	5.5528 GBP
1.7p ordinary	CFD	increasing a short position	1,322,334	5.6028 GBP
1.7p ordinary	CFD	increasing a short position	316	5.6200 GBP
1.7p ordinary	CFD	increasing a short position	3,924	5.6200 GBP
1.7p ordinary	CFD	increasing a short position	6,330	5.6200 GBP
1.7p ordinary	CFD	increasing a short position	7,102	5.6200 GBP
1.7p ordinary	CFD	increasing a short position	2,500	5.6200 GBP
1.7p ordinary	CFD	increasing a short position	10,972	5.6200 GBP
1.7p ordinary	CFD	increasing a short position	2,328	5.6200 GBP
1.7p ordinary	CFD	increasing a short position	646,702	5.6265 GBP
1.7p ordinary	CFD	increasing a short position	119,100	5.6265 GBP
1.7p ordinary	CFD	increasing a short position	6,300	5.6265 GBP
1.7p ordinary	CFD	increasing a short position	1,700	5.6265 GBP
1.7p ordinary	CFD	increasing a short position	126,915	5.6265 GBP
1.7p ordinary	CFD	increasing a short position	53,100	5.6265 GBP
1.7p ordinary	CFD	increasing a short position	447,334	5.6270 GBP
1.7p ordinary	CFD	increasing a short position	113,442	5.6284 GBP
1.7p ordinary	CFD	increasing a short position	7,800	5.6284 GBP
1.7p ordinary	CFD	increasing a short position	18,665	5.6284 GBP
1.7p ordinary	CFD	increasing a short position	300	5.6284 GBP
1.7p ordinary	CFD	increasing a short position	1,100	5.6284 GBP
1.7p ordinary	CFD	increasing a short position	20,700	5.6284 GBP
1.7p ordinary	CFD	increasing a short position	58,296	5.6321 GBP
1.7p ordinary	CFD	increasing a short position	34,965	5.6327 GBP
1.7p ordinary	CFD	increasing a short position	275	5.6350 GBP
1.7p ordinary	CFD	increasing a short position	9,991	5.6365 GBP
1.7p ordinary	CFD	increasing a short position	18,398	5.6406 GBP
1.7p ordinary	CFD	increasing a short position	24,888	5.6406 GBP
1.7p ordinary	CFD	increasing a short position	105,019	5.6406 GBP
1.7p ordinary	CFD	increasing a short position	151,695	5.6406 GBP
1.7p ordinary	CFD	increasing a short position	150,000	5.6453 GBP
1.7p ordinary	CFD	increasing a short position	700	5.6460 GBP
1.7p ordinary	CFD	increasing a short position	75,628	5.6460 GBP
1.7p ordinary	CFD	increasing a short position	13,800	5.6460 GBP
1.7p ordinary	CFD	increasing a short position	5,200	5.6460 GBP
1.7p ordinary	CFD	increasing a short position	200	5.6460 GBP
1.7p ordinary	CFD	increasing a short position	12,444	5.6460 GBP
1.7p ordinary	CFD	increasing a short position	127,520	5.6465 GBP
1.7p ordinary	CFD	increasing a short position	75,000	5.6498 GBP
1.7p ordinary	CFD	increasing a short position	200,000	5.6499 GBP
1.7p ordinary	CFD	increasing a short position	19,266	5.6578 GBP
1.7p ordinary	CFD	increasing a short position	31,799	5.6578 GBP
1.7p ordinary	CFD	increasing a short position	5,335	5.6578 GBP
1.7p ordinary	CFD	increasing a short position	24,166	5.6578 GBP
1.7p ordinary	CFD	reducing a long position	8,838	5.6200 GBP
1.7p ordinary	CFD	reducing a long position	1,653	5.6200 GBP
1.7p ordinary	CFD	reducing a long position	221,372	5.6200 GBP
1.7p ordinary	CFD	reducing a long position	1,819	5.6202 GBP
1.7p ordinary	CFD	reducing a long position	63,355	5.6273 GBP
1.7p ordinary	CFD	reducing a long position	9,805	5.6282 GBP
1.7p ordinary	CFD	reducing a long position	11,813	5.6297 GBP
1.7p ordinary	CFD	reducing a long position	44,021	5.6321 GBP
1.7p ordinary	CFD	reducing a long position	8,905	5.6327 GBP
1.7p ordinary	CFD	reducing a long position	113,760	5.6327 GBP
1.7p ordinary	CFD	reducing a long position	12,307	5.6359 GBP
1.7p ordinary	CFD	reducing a long position	17,299	5.6362 GBP
1.7p ordinary	CFD	reducing a long position	355	5.6362 GBP
1.7p ordinary	CFD	reducing a long position	113	5.6362 GBP
1.7p ordinary	CFD	reducing a long position	26,064	5.6362 GBP
1.7p ordinary	CFD	reducing a long position	521	5.6363 GBP
1.7p ordinary	CFD	reducing a long position	10,998	5.6363 GBP
1.7p ordinary	CFD	reducing a long position	4,461	5.6363 GBP
1.7p ordinary	CFD	reducing a long position	53	5.6363 GBP
1.7p ordinary	CFD	reducing a long position	1,824	5.6363 GBP
1.7p ordinary	CFD	reducing a long position	13,020	5.6364 GBP
1.7p ordinary	CFD	reducing a long position	75,619	5.6409 GBP
1.7p ordinary	CFD	reducing a long position	3,472	5.6414 GBP
1.7p ordinary	CFD	reducing a long position	30,348	5.6453 GBP
1.7p ordinary	CFD	reducing a long position	26,979	5.6464 GBP
1.7p ordinary	CFD	reducing a long position	1,750	5.6465 GBP
1.7p ordinary	CFD	reducing a long position	7,027	5.6468 GBP
1.7p ordinary	CFD	reducing a long position	1,313	5.6476 GBP
1.7p ordinary	CFD	reducing a long position	7,505	5.6476 GBP
1.7p ordinary	CFD	reducing a long position	2,773	5.6479 GBP
1.7p ordinary	CFD	reducing a long position	9,877	5.6479 GBP
1.7p ordinary	CFD	reducing a long position	60,722	5.6479 GBP
1.7p ordinary	CFD	reducing a long position	19,276	5.6479 GBP
1.7p ordinary	CFD	reducing a long position	12,358	5.6479 GBP
1.7p ordinary	CFD	reducing a long position	13,182	5.6479 GBP
1.7p ordinary	CFD	reducing a long position	1,486	5.6567 GBP
1.7p ordinary	CFD	reducing a long position	986	5.6629 GBP
1.7p ordinary	CFD	reducing a long position	68	5.6629 GBP
1.7p ordinary	CFD	reducing a long position	100	5.6630 GBP
1.7p ordinary	CFD	reducing a long position	200	5.6630 GBP
1.7p ordinary	CFD	reducing a short position	3,194	5.5966 GBP
1.7p ordinary	CFD	reducing a short position	2,384	5.5966 GBP
1.7p ordinary	CFD	reducing a short position	3,586	5.5966 GBP
1.7p ordinary	CFD	reducing a short position	2,045	5.5966 GBP
1.7p ordinary	CFD	reducing a short position	3,069	5.5966 GBP
1.7p ordinary	CFD	reducing a short position	390,000	5.5972 GBP
1.7p ordinary	CFD	reducing a short position	8,381	5.6161 GBP
1.7p ordinary	CFD	reducing a short position	3,585	5.6194 GBP
1.7p ordinary	CFD	reducing a short position	3,068	5.6194 GBP
1.7p ordinary	CFD	reducing a short position	2,044	5.6194 GBP
1.7p ordinary	CFD	reducing a short position	3,194	5.6194 GBP
1.7p ordinary	CFD	reducing a short position	2,383	5.6194 GBP
1.7p ordinary	CFD	reducing a short position	57,535	5.6200 GBP
1.7p ordinary	CFD	reducing a short position	8,294	5.6200 GBP
1.7p ordinary	CFD	reducing a short position	395	5.6200 GBP
1.7p ordinary	CFD	reducing a short position	2,500	5.6325 GBP
1.7p ordinary	CFD	reducing a short position	3,432	5.6327 GBP
1.7p ordinary	CFD	reducing a short position	919	5.6327 GBP
1.7p ordinary	CFD	reducing a short position	2,941	5.6327 GBP
1.7p ordinary	CFD	reducing a short position	3,217	5.6330 GBP
1.7p ordinary	CFD	reducing a short position	30,247	5.6330 GBP
1.7p ordinary	CFD	reducing a short position	10,972	5.6356 GBP
1.7p ordinary	CFD	reducing a short position	1,385	5.6394 GBP
1.7p ordinary	CFD	reducing a short position	127,520	5.6437 GBP
1.7p ordinary	CFD	reducing a short position	77,140	5.6483 GBP

(c)        Stock-settled derivative transactions (including options)

(i)         Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

(ii)        Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit
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 e.g. subscription, conversion	Details	Price per unit (if applicable)
N/A	N/A	N/A	N/A

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:	25 July 2024
Contact name:	Craig Horsley
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 dealing disclosure requirements on [phone].

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

 

END