Form 8.5 (EPT/RI)-Ascential plc

Morgan Stanley & Co. Int'l plc

26 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:	25 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	PURCHASES	2,699,504	5.6600 GBP	5.6034 GBP
1.7p ordinary	SALES	1,063,513	5.6601 GBP	5.6150 GBP
1.7p ordinary	SALES	62,576	7.2880 USD	7.2880 USD

(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	22,142	5.6203 GBP
1.7p ordinary	CFD	increasing a long position	15,513	5.6235 GBP
1.7p ordinary	CFD	increasing a long position	1,572	5.6277 GBP
1.7p ordinary	CFD	increasing a long position	182,917	5.6353 GBP
1.7p ordinary	CFD	increasing a long position	10,922	5.6387 GBP
1.7p ordinary	CFD	increasing a long position	2,500	5.6400 GBP
1.7p ordinary	CFD	increasing a long position	1,200	5.6444 GBP
1.7p ordinary	CFD	increasing a long position	6,500	5.6444 GBP
1.7p ordinary	CFD	increasing a long position	3,000	5.6444 GBP
1.7p ordinary	CFD	increasing a long position	2,642	5.6501 GBP
1.7p ordinary	CFD	increasing a long position	8,314	5.6595 GBP
1.7p ordinary	CFD	increasing a long position	13,167	5.6600 GBP
1.7p ordinary	CFD	increasing a short position	342,090	5.6203 GBP
1.7p ordinary	CFD	increasing a short position	120,334	5.6415 GBP
1.7p ordinary	CFD	increasing a short position	155,741	5.6515 GBP
1.7p ordinary	CFD	increasing a short position	703,300	5.6515 GBP
1.7p ordinary	CFD	increasing a short position	9,938	5.6521 GBP
1.7p ordinary	CFD	increasing a short position	4,651	5.6600 GBP
1.7p ordinary	CFD	increasing a short position	13,394	5.6600 GBP
1.7p ordinary	CFD	reducing a long position	2,500	5.6200 GBP
1.7p ordinary	CFD	reducing a long position	1,587	5.6250 GBP
1.7p ordinary	CFD	reducing a long position	57,107	5.6282 GBP
1.7p ordinary	CFD	reducing a long position	24,312	5.6308 GBP
1.7p ordinary	CFD	reducing a long position	147,952	5.6347 GBP
1.7p ordinary	CFD	reducing a long position	10,550	5.6375 GBP
1.7p ordinary	CFD	reducing a long position	68,744	5.6400 GBP
1.7p ordinary	CFD	reducing a long position	11	5.6400 GBP
1.7p ordinary	CFD	reducing a long position	13,815	5.6435 GBP
1.7p ordinary	CFD	reducing a long position	254	5.6454 GBP
1.7p ordinary	CFD	reducing a long position	107	5.6461 GBP
1.7p ordinary	CFD	reducing a long position	705	5.6461 GBP
1.7p ordinary	CFD	reducing a long position	5,304	5.6461 GBP
1.7p ordinary	CFD	reducing a long position	99,553	5.6466 GBP
1.7p ordinary	CFD	reducing a long position	11,606	5.6494 GBP
1.7p ordinary	CFD	reducing a long position	24,027	5.6508 GBP
1.7p ordinary	CFD	reducing a long position	5,201	5.6508 GBP
1.7p ordinary	CFD	reducing a long position	4,891	5.6508 GBP
1.7p ordinary	CFD	reducing a long position	1,098	5.6508 GBP
1.7p ordinary	CFD	reducing a long position	7,623	5.6508 GBP
1.7p ordinary	CFD	reducing a long position	3,909	5.6508 GBP
1.7p ordinary	CFD	reducing a long position	10,100	5.6518 GBP
1.7p ordinary	CFD	reducing a long position	3	5.6533 GBP
1.7p ordinary	CFD	reducing a long position	11,700	5.6559 GBP
1.7p ordinary	CFD	reducing a long position	28,993	5.6573 GBP
1.7p ordinary	CFD	reducing a short position	34,965	5.6203 GBP
1.7p ordinary	CFD	reducing a short position	6,575	5.6349 GBP
1.7p ordinary	CFD	reducing a short position	61,830	5.6349 GBP
1.7p ordinary	CFD	reducing a short position	3,754	5.6479 GBP
1.7p ordinary	CFD	reducing a short position	53,243	5.6503 GBP
1.7p ordinary	CFD	reducing a short position	3,401	5.6569 GBP
1.7p ordinary	CFD	reducing a short position	4,651	5.6600 GBP
1.7p ordinary	CFD	reducing a short position	162	5.6600 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:	26 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