Form 8.5 (EPT/RI) - Amend - Hargreaves

GoldmanSachs International

20 December 2024

 

Amendment - due to the amendment of Equity and Derivative transactions, the disclosure made on 17th October for dealings on 16th October has been updated. Section 2(a) and 2(b)has been updated.

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:	(GS) GOLDMAN SACHS INTERNATIONAL
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	HARGREAVES LANSDOWN PLC
(c) Name of the party to the offer with which exempt principal trader is connected:	HARP BIDCO LIMITED (A NEWLY FORMED COMPANY TO BE INDIRECTLY OWNED BY CVC PRIVATE EQUITY FUNDS, NORDIC CAPITAL XI DELTA, SCSP (ACTING THROUGH ITS GENERAL PARTNER, NORDIC CAPITAL XI DELTA GP SARL) AND PLATINUM IVY B 2018 RSC LIMITED)
(d) Date dealing undertaken:	16 October 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 the 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
0.4p ordinary	Purchases	420,541	10.8739 GBP	10.8500 GBP
0.4p ordinary	Sales	121,584 1,944	10.8650 GBP 14.1076 USD	10.8500 GBP 14.1076 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
0.4p ordinary	CFD	Reducing a short position	1,392	10.8489 GBP
0.4p ordinary	CFD	Reducing a short position	166	10.8489 GBP
0.4p ordinary	CFD	Reducing a short position	19	10.8489 GBP
0.4p ordinary	CFD	Increasing a short position	1,599	10.8509 GBP
0.4p ordinary	CFD	Increasing a short position	1,139	10.8509 GBP
0.4p ordinary	CFD	Increasing a short position	823	10.8511 GBP
0.4p ordinary	CFD	Increasing a short position	21,942	10.8511 GBP
0.4p ordinary	CFD	Increasing a short position	173	10.8583 GBP
0.4p ordinary	CFD	Increasing a short position	1	10.8586 GBP
0.4p ordinary	CFD	Increasing a short position	465	10.8592 GBP
0.4p ordinary	CFD	Increasing a short position	12,609	10.8600 GBP
0.4p ordinary	CFD	Increasing a short position	7,165	10.8650 GBP
0.4p ordinary	CFD	Increasing a short position	49,377	10.8654 GBP
0.4p ordinary	CFD	Increasing a short position	3,877	10.8676 GBP
0.4p ordinary	CFD	Increasing a short position	141,734	10.8704 GBP
0.4p ordinary	CFD	Increasing a short position	17,593	10.8739 GBP
0.4p ordinary	CFD	Increasing a long position	1,944	14.1076 USD

(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

(ii)        Exercise

Class of relevant security	Product description e.g. call option	Exercising / exercised against	Number of securities	Exercise price per unit

(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)

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:	20 December 2024
Contact name:	Papa Lette and Andrzej Szyszka
Telephone number:	[phone] / [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 disclosure requirements on [phone].

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

 

END