Form 8.5 (EPT/RI)- Ascential plc

Morgan Stanley & Co. Int'l plc

31 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:	30 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	698,514	5.7200 GBP	5.6775 GBP
1.7p ordinary	SALES	1,690,590	5.7200 GBP	5.6800 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	785,580	5.6850 GBP
1.7p ordinary	CFD	increasing a long position	2,542	5.6881 GBP
1.7p ordinary	CFD	increasing a long position	62	5.6900 GBP
1.7p ordinary	CFD	increasing a long position	8,654	5.7165 GBP
1.7p ordinary	CFD	increasing a long position	412	5.7200 GBP
1.7p ordinary	CFD	increasing a long position	18,672	5.7200 GBP
1.7p ordinary	CFD	increasing a short position	1,059	5.6999 GBP
1.7p ordinary	CFD	increasing a short position	11,755	5.7115 GBP
1.7p ordinary	CFD	reducing a long position	547	5.6872 GBP
1.7p ordinary	CFD	reducing a long position	7,500	5.6900 GBP
1.7p ordinary	CFD	reducing a long position	17,725	5.6917 GBP
1.7p ordinary	CFD	reducing a long position	3,865	5.6928 GBP
1.7p ordinary	CFD	reducing a long position	2,355	5.6933 GBP
1.7p ordinary	CFD	reducing a long position	1,362	5.6994 GBP
1.7p ordinary	CFD	reducing a long position	183	5.7029 GBP
1.7p ordinary	CFD	reducing a long position	500	5.7042 GBP
1.7p ordinary	CFD	reducing a long position	1,818	5.7049 GBP
1.7p ordinary	CFD	reducing a long position	520	5.7049 GBP
1.7p ordinary	CFD	reducing a long position	4,446	5.7049 GBP
1.7p ordinary	CFD	reducing a long position	10,964	5.7049 GBP
1.7p ordinary	CFD	reducing a long position	4,267	5.7051 GBP
1.7p ordinary	CFD	reducing a long position	17,214	5.7060 GBP
1.7p ordinary	CFD	reducing a long position	111	5.7060 GBP
1.7p ordinary	CFD	reducing a long position	54	5.7060 GBP
1.7p ordinary	CFD	reducing a long position	354	5.7060 GBP
1.7p ordinary	CFD	reducing a long position	54,926	5.7066 GBP
1.7p ordinary	CFD	reducing a long position	52,788	5.7076 GBP
1.7p ordinary	CFD	reducing a long position	31,051	5.7091 GBP
1.7p ordinary	CFD	reducing a long position	14,245	5.7117 GBP
1.7p ordinary	CFD	reducing a long position	20,896	5.7200 GBP
1.7p ordinary	CFD	reducing a long position	4,000	5.7200 GBP
1.7p ordinary	CFD	reducing a long position	30,854	5.7200 GBP
1.7p ordinary	CFD	reducing a short position	2,962	5.7034 GBP
1.7p ordinary	CFD	reducing a short position	75,628	5.7062 GBP
1.7p ordinary	CFD	reducing a short position	5,194	5.7062 GBP
1.7p ordinary	CFD	reducing a short position	13,820	5.7062 GBP
1.7p ordinary	CFD	reducing a short position	729	5.7062 GBP
1.7p ordinary	CFD	reducing a short position	12,419	5.7062 GBP
1.7p ordinary	CFD	reducing a short position	197	5.7062 GBP
1.7p ordinary	CFD	reducing a short position	44,552	5.7137 GBP
1.7p ordinary	CFD	reducing a short position	250,000	5.7163 GBP
1.7p ordinary	CFD	reducing a short position	15,150	5.7177 GBP
1.7p ordinary	CFD	reducing a short position	10,239	5.7177 GBP
1.7p ordinary	CFD	reducing a short position	11,095	5.7177 GBP
1.7p ordinary	CFD	reducing a short position	15,356	5.7177 GBP
1.7p ordinary	CFD	reducing a short position	16,650	5.7177 GBP
1.7p ordinary	CFD	reducing a short position	3,204	5.7200 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:	31 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