Form 8.5 (EPT/RI)-Hargreaves Lansdown plc

Morgan Stanley & Co. Int'l plc

15 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:	14 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	PURCHASES	892,629	11.0450 GBP	10.9700 GBP
0.4p ordinary	SALES	714,749	11.0500 GBP	10.9684 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	5,526	10.9684 GBP
0.4p ordinary	CFD	increasing a long position	31,575	10.9700 GBP
0.4p ordinary	CFD	increasing a long position	42	11.0231 GBP
0.4p ordinary	CFD	increasing a long position	23,085	11.0500 GBP
0.4p ordinary	CFD	increasing a short position	130	10.9700 GBP
0.4p ordinary	CFD	increasing a short position	56,623	10.9700 GBP
0.4p ordinary	CFD	increasing a short position	3,829	10.9788 GBP
0.4p ordinary	CFD	increasing a short position	48,481	10.9788 GBP
0.4p ordinary	CFD	increasing a short position	7,943	10.9788 GBP
0.4p ordinary	CFD	increasing a short position	1,245	10.9788 GBP
0.4p ordinary	CFD	increasing a short position	25,864	10.9788 GBP
0.4p ordinary	CFD	increasing a short position	26,890	10.9788 GBP
0.4p ordinary	CFD	increasing a short position	45,836	10.9788 GBP
0.4p ordinary	CFD	increasing a short position	24,280	10.9788 GBP
0.4p ordinary	CFD	increasing a short position	12,985	10.9788 GBP
0.4p ordinary	CFD	increasing a short position	110,000	10.9805 GBP
0.4p ordinary	CFD	increasing a short position	3,139	10.9812 GBP
0.4p ordinary	CFD	increasing a short position	6,084	10.9845 GBP
0.4p ordinary	CFD	increasing a short position	12,420	10.9887 GBP
0.4p ordinary	CFD	increasing a short position	105,000	10.9942 GBP
0.4p ordinary	CFD	increasing a short position	100,000	10.9956 GBP
0.4p ordinary	CFD	increasing a short position	4,172	10.9958 GBP
0.4p ordinary	CFD	increasing a short position	1,498	10.9958 GBP
0.4p ordinary	CFD	increasing a short position	5,295	10.9958 GBP
0.4p ordinary	CFD	increasing a short position	7,226	10.9958 GBP
0.4p ordinary	CFD	increasing a short position	301	10.9995 GBP
0.4p ordinary	CFD	increasing a short position	2,827	11.0010 GBP
0.4p ordinary	CFD	increasing a short position	4,664	11.0012 GBP
0.4p ordinary	CFD	increasing a short position	155	11.0056 GBP
0.4p ordinary	CFD	increasing a short position	50,400	11.0058 GBP
0.4p ordinary	CFD	increasing a short position	7,619	11.0292 GBP
0.4p ordinary	CFD	reducing a long position	8	10.9700 GBP
0.4p ordinary	CFD	reducing a long position	31,570	10.9700 GBP
0.4p ordinary	CFD	reducing a long position	117	10.9703 GBP
0.4p ordinary	CFD	reducing a long position	145	10.9919 GBP
0.4p ordinary	CFD	reducing a long position	47,506	10.9919 GBP
0.4p ordinary	CFD	reducing a long position	283	10.9919 GBP
0.4p ordinary	CFD	reducing a long position	1,009	10.9919 GBP
0.4p ordinary	CFD	reducing a long position	126	10.9930 GBP
0.4p ordinary	CFD	reducing a long position	6,540	10.9966 GBP
0.4p ordinary	CFD	reducing a long position	5	11.0016 GBP
0.4p ordinary	CFD	reducing a long position	41,409	11.0020 GBP
0.4p ordinary	CFD	reducing a long position	200	11.0450 GBP
0.4p ordinary	CFD	reducing a short position	1,869	10.9684 GBP
0.4p ordinary	CFD	reducing a short position	82	10.9699 GBP
0.4p ordinary	CFD	reducing a short position	1,723	10.9700 GBP
0.4p ordinary	CFD	reducing a short position	155	10.9700 GBP
0.4p ordinary	CFD	reducing a short position	935	10.9700 GBP
0.4p ordinary	CFD	reducing a short position	70,594	10.9717 GBP
0.4p ordinary	CFD	reducing a short position	666	10.9775 GBP
0.4p ordinary	CFD	reducing a short position	404	10.9777 GBP
0.4p ordinary	CFD	reducing a short position	5,541	10.9873 GBP
0.4p ordinary	CFD	reducing a short position	29,690	10.9873 GBP
0.4p ordinary	CFD	reducing a short position	12,249	10.9873 GBP
0.4p ordinary	CFD	reducing a short position	6,997	10.9898 GBP
0.4p ordinary	CFD	reducing a short position	66,394	10.9898 GBP
0.4p ordinary	CFD	reducing a short position	1,367	10.9909 GBP
0.4p ordinary	CFD	reducing a short position	1,585	10.9909 GBP
0.4p ordinary	CFD	reducing a short position	6,473	10.9946 GBP
0.4p ordinary	CFD	reducing a short position	1,485	10.9983 GBP
0.4p ordinary	CFD	reducing a short position	629	11.0002 GBP
0.4p ordinary	CFD	reducing a short position	301	11.0003 GBP
0.4p ordinary	CFD	reducing a short position	41,737	11.0010 GBP
0.4p ordinary	CFD	reducing a short position	7,619	11.0066 GBP
0.4p ordinary	CFD	reducing a short position	35,223	11.0153 GBP
0.4p ordinary	CFD	reducing a short position	9,257	11.0153 GBP
0.4p ordinary	CFD	reducing a short position	223,196	11.0450 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:	15 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