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: |
A CONSORTIUM COMPRISING CVC ADVISERS LIMITED, NORDIC CAPITAL XI DELTA, SCSP (ACTING THROUGH ITS GENERAL PARTNER NORDIC CAPITAL XI DELTA GP SARL) AND PLATINUM IVY B 2018 RSC LIMITED (A WHOLLY-OWNED SUBSIDIARY OF ABU DHABI INVESTMENT AUTHORITY MANAGED BY ITS PRIVATE EQUITIES INVESTMENT DEPARTMENT) |
(d) Date dealing undertaken: |
18 June 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 |
3,138,358 |
11.3725 GBP |
10.4600 GBP |
0.4p ordinary |
Sales |
2,482,498 |
11.3750 GBP |
10.4600 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 |
0.4p ordinary |
CFD |
Reducing a long position |
8,562 |
10.4562 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
290 |
10.4825 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
595 |
10.4825 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
5,761 |
10.4825 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
11,885 |
10.4825 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
10,489 |
10.4825 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
154,655 |
10.4825 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
144,061 |
10.4825 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
120,102 |
10.4825 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
17,963 |
10.4825 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
5,111 |
10.4825 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
14,984 |
10.4825 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
510 |
10.4838 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
76 |
10.4841 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
374 |
10.4890 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
55 |
10.4890 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
85 |
10.4898 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
578 |
10.4902 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
4 |
10.4940 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
1,817 |
10.4961 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
12 |
10.4961 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
93,064 |
10.4975 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
83 |
10.4988 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
9,012 |
10.4992 GBP |
0.4p ordinary |
CFD |
Increasing a short position |
1,700 |
10.5000 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
63 |
10.5009 GBP |
0.4p ordinary |
CFD |
Opening a long position |
189 |
10.5344 GBP |
0.4p ordinary |
CFD |
Opening a long position |
840 |
10.5530 GBP |
0.4p ordinary |
CFD |
Opening a long position |
953 |
10.5533 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
261 |
10.5559 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
62,079 |
10.5722 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
1,381 |
10.5728 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
1,219 |
10.5733 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
150 |
10.5744 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
653 |
10.6009 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
735 |
10.6009 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
9 |
10.6289 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
17 |
10.6289 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
139 |
10.6289 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
125 |
10.6289 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
148 |
10.6289 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
23 |
10.6289 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
18 |
10.6455 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
1,199 |
10.6575 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
1,060 |
10.6576 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
177 |
10.6578 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
1,282 |
10.6720 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
541 |
10.6730 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
148 |
10.6736 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
67 |
10.6751 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
60 |
10.6772 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
27 |
10.6790 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
37 |
10.6827 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
73 |
10.6918 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
81 |
10.6950 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
61 |
10.6957 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
4,331 |
10.6996 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
29 |
10.7022 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
475 |
10.7112 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
1,482 |
10.7117 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
57 |
10.7118 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
169 |
10.7124 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
79 |
10.7127 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
181 |
10.7325 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
31 |
10.7344 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
19 |
10.7351 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
259 |
10.7493 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
8,482 |
10.7672 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
11 |
10.7689 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
13,552 |
10.7758 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
4,179 |
10.8045 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
48,212 |
10.8049 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
18,837 |
10.8169 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
13,024 |
10.8273 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
1,072 |
10.8391 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
797 |
10.8415 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
1 |
10.8489 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
462 |
10.8590 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
75 |
10.8599 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
1,138 |
10.8631 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
60,585 |
10.8653 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
4,791 |
10.9121 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
2,958 |
10.9235 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
22 |
10.9235 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
8,973 |
10.9279 GBP |
0.4p ordinary |
CFD |
Reducing a short position |
3,971 |
10.9353 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
2,289 |
10.9391 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
574 |
10.9411 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
4 |
10.9411 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
2,247 |
10.9983 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
11,352 |
11.0053 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
84 |
11.0053 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
9 |
11.0086 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
109 |
11.0220 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
43,896 |
11.0221 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
10,076 |
11.0261 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
7,165 |
11.0276 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
2,738 |
11.0997 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
223 |
11.1500 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
2,190 |
11.1902 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
17,540 |
11.1936 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
801 |
11.2414 GBP |
0.4p ordinary |
CFD |
Opening a short position |
371,336 |
11.2419 GBP |
0.4p ordinary |
CFD |
Opening a short position |
3,971 |
11.2531 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
250,000 |
11.2545 GBP |
0.4p ordinary |
CFD |
Opening a long position |
32,800 |
11.2574 GBP |
0.4p ordinary |
CFD |
Reducing a short position |
2,700 |
11.2574 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
387 |
11.2592 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
16 |
11.2629 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
326,504 |
11.2637 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
39,640 |
11.2638 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
14 |
11.2651 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
440 |
11.2653 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
100 |
11.2673 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
1,176 |
11.2710 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
30,214 |
11.2714 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
11,260 |
11.2734 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
3,053 |
11.2810 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
101,938 |
11.2833 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
4,760 |
11.2833 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
340 |
11.2838 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
11,453 |
11.2881 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
30,893 |
11.2899 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
38,477 |
11.2989 GBP |
0.4p ordinary |
CFD |
Opening a long position |
10,172 |
11.2990 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
310 |
11.2991 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
10,241 |
11.2998 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
42,006 |
11.3000 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
4,969 |
11.3002 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
12,020 |
11.3011 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
31 |
11.3011 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
215 |
11.3011 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
19,489 |
11.3029 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
996 |
11.3098 GBP |
0.4p ordinary |
CFD |
Reducing a long position |
480,526 |
11.3203 GBP |
0.4p ordinary |
CFD |
Opening a long position |
7,426 |
11.3277 GBP |
0.4p ordinary |
CFD |
Increasing a long position |
25,101 |
11.3561 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 |
|
|
|
|
|
|
|
|
(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: |
19 June 2024 |
Contact name: |
Papa Lette and Andrzej Szyszka |
Telephone number: |
+33(1) 4212 1459 / +48(22) 317 4817 |
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 +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.