Form 8.5 (EPT/RI)- Hargreaves Lansdown plc

Morgan Stanley & Co. Int'l plc

02 August 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	Hargreaves Lansdown plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Hargreaves Lansdown plc
(d) Date dealing undertaken:	01 August 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
0.4p ordinary	SALES	272,471	11.1000 GBP	10.9550 GBP
0.4p ordinary	PURCHASES	368,310	11.1100 GBP	10.9549 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	increasing a long position	39	10.9550 GBP
0.4p ordinary	CFD	increasing a long position	50,000	10.9630 GBP
0.4p ordinary	CFD	increasing a long position	11,406	10.9907 GBP
0.4p ordinary	CFD	increasing a long position	12,100	11.0008 GBP
0.4p ordinary	CFD	increasing a long position	7	11.0270 GBP
0.4p ordinary	CFD	increasing a long position	46	11.0270 GBP
0.4p ordinary	CFD	increasing a long position	4,350	11.0344 GBP
0.4p ordinary	CFD	increasing a long position	40	11.0609 GBP
0.4p ordinary	CFD	increasing a long position	247	11.0612 GBP
0.4p ordinary	CFD	increasing a short position	225	10.9550 GBP
0.4p ordinary	CFD	increasing a short position	190	10.9550 GBP
0.4p ordinary	CFD	increasing a short position	7	10.9553 GBP
0.4p ordinary	CFD	increasing a short position	11,654	10.9580 GBP
0.4p ordinary	CFD	increasing a short position	408	10.9657 GBP
0.4p ordinary	CFD	increasing a short position	351	10.9678 GBP
0.4p ordinary	CFD	increasing a short position	3,982	10.9690 GBP
0.4p ordinary	CFD	increasing a short position	17,073	10.9941 GBP
0.4p ordinary	CFD	increasing a short position	51,698	10.9997 GBP
0.4p ordinary	CFD	increasing a short position	5,448	10.9997 GBP
0.4p ordinary	CFD	increasing a short position	500	11.0218 GBP
0.4p ordinary	CFD	increasing a short position	817	11.0297 GBP
0.4p ordinary	CFD	increasing a short position	100	11.0308 GBP
0.4p ordinary	CFD	increasing a short position	917	11.0474 GBP
0.4p ordinary	CFD	increasing a short position	132,477	11.0602 GBP
0.4p ordinary	CFD	increasing a short position	6,332	11.0668 GBP
0.4p ordinary	CFD	increasing a short position	559	11.0781 GBP
0.4p ordinary	CFD	increasing a short position	33	11.0794 GBP
0.4p ordinary	CFD	increasing a short position	2,054	11.0831 GBP
0.4p ordinary	CFD	increasing a short position	286	11.0832 GBP
0.4p ordinary	CFD	reducing a long position	3,149	10.9550 GBP
0.4p ordinary	CFD	reducing a long position	9,800	10.9990 GBP
0.4p ordinary	CFD	reducing a long position	386	11.0021 GBP
0.4p ordinary	CFD	reducing a long position	952	11.0281 GBP
0.4p ordinary	CFD	reducing a long position	819	11.0406 GBP
0.4p ordinary	CFD	reducing a short position	76,335	10.9550 GBP
0.4p ordinary	CFD	reducing a short position	256	10.9550 GBP
0.4p ordinary	CFD	reducing a short position	17,073	10.9550 GBP
0.4p ordinary	CFD	reducing a short position	117	10.9550 GBP
0.4p ordinary	CFD	reducing a short position	1,450	10.9550 GBP
0.4p ordinary	CFD	reducing a short position	790	11.0006 GBP
0.4p ordinary	CFD	reducing a short position	5,161	11.0008 GBP
0.4p ordinary	CFD	reducing a short position	2,769	11.0127 GBP
0.4p ordinary	CFD	reducing a short position	7	11.0262 GBP
0.4p ordinary	CFD	reducing a short position	6,332	11.0763 GBP
0.4p ordinary	CFD	reducing a short position	22	11.0850 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:	02 August 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