Form 8.5 (EPT/RI) - HARGREAVES

GoldmanSachs International

27 May 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:	(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:	24 May 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	755,755	11.0100 GBP	10.4800 GBP
0.4p ordinary	Sales	380,569	11.0000 GBP	10.4932 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	673	10.4953 GBP
0.4p ordinary	CFD	Increasing a long position	2,209	10.6260 GBP
0.4p ordinary	CFD	Reducing a long position	582	10.6455 GBP
0.4p ordinary	CFD	Reducing a long position	17,266	10.6457 GBP
0.4p ordinary	CFD	Increasing a short position	5,557	10.6471 GBP
0.4p ordinary	CFD	Reducing a long position	21,451	10.6594 GBP
0.4p ordinary	CFD	Reducing a long position	968	10.6663 GBP
0.4p ordinary	CFD	Reducing a long position	3,097	10.6724 GBP
0.4p ordinary	CFD	Reducing a long position	5,053	10.6777 GBP
0.4p ordinary	CFD	Reducing a long position	1,770	10.6829 GBP
0.4p ordinary	CFD	Reducing a long position	31,433	10.6997 GBP
0.4p ordinary	CFD	Reducing a long position	651	10.7195 GBP
0.4p ordinary	CFD	Reducing a long position	2,340	10.7387 GBP
0.4p ordinary	CFD	Reducing a long position	688	10.7521 GBP
0.4p ordinary	CFD	Reducing a long position	1,359	10.7561 GBP
0.4p ordinary	CFD	Reducing a long position	4,181	10.7562 GBP
0.4p ordinary	CFD	Reducing a long position	55,813	10.7760 GBP
0.4p ordinary	CFD	Increasing a long position	1	10.7939 GBP
0.4p ordinary	CFD	Increasing a long position	1	10.7989 GBP
0.4p ordinary	CFD	Opening a short position	4,930	10.8355 GBP
0.4p ordinary	CFD	Opening a short position	4,840	10.8355 GBP
0.4p ordinary	CFD	Reducing a long position	11,704	10.8355 GBP
0.4p ordinary	CFD	Opening a long position	6,275	10.8370 GBP
0.4p ordinary	CFD	Opening a short position	11,346	10.8426 GBP
0.4p ordinary	CFD	Reducing a long position	72,220	10.8430 GBP
0.4p ordinary	CFD	Reducing a long position	1,107	10.8499 GBP
0.4p ordinary	CFD	Increasing a long position	4,168	10.8564 GBP
0.4p ordinary	CFD	Reducing a long position	1	10.8611 GBP
0.4p ordinary	CFD	Increasing a long position	1,274	10.8726 GBP
0.4p ordinary	CFD	Opening a long position	7,417	10.8760 GBP
0.4p ordinary	CFD	Reducing a long position	35,358	10.8845 GBP
0.4p ordinary	CFD	Reducing a long position	2,100	10.8866 GBP
0.4p ordinary	CFD	Reducing a long position	22,304	10.8903 GBP
0.4p ordinary	CFD	Reducing a long position	11	10.8911 GBP
0.4p ordinary	CFD	Reducing a long position	11	10.8936 GBP
0.4p ordinary	CFD	Reducing a long position	7,765	10.8969 GBP
0.4p ordinary	CFD	Reducing a short position	33,340	10.8978 GBP
0.4p ordinary	CFD	Reducing a long position	43	10.8984 GBP
0.4p ordinary	CFD	Increasing a long position	1,961	10.8991 GBP
0.4p ordinary	CFD	Increasing a long position	2,448	10.8991 GBP
0.4p ordinary	CFD	Increasing a long position	3,891	10.8999 GBP
0.4p ordinary	CFD	Reducing a long position	3,251	10.9000 GBP
0.4p ordinary	CFD	Reducing a long position	18,291	10.9002 GBP
0.4p ordinary	CFD	Reducing a long position	11,879	10.9011 GBP
0.4p ordinary	CFD	Reducing a long position	1,625	10.9011 GBP
0.4p ordinary	CFD	Reducing a long position	7,457	10.9011 GBP
0.4p ordinary	CFD	Increasing a long position	905	10.9108 GBP
0.4p ordinary	CFD	Reducing a long position	2,009	10.9174 GBP
0.4p ordinary	CFD	Reducing a long position	21,385	10.9178 GBP
0.4p ordinary	CFD	Reducing a long position	22	10.9313 GBP
0.4p ordinary	CFD	Opening a long position	4,993	10.9325 GBP
0.4p ordinary	CFD	Reducing a long position	5	10.9361 GBP
0.4p ordinary	CFD	Increasing a long position	9,601	10.9571 GBP
0.4p ordinary	CFD	Reducing a long position	4,279	10.9595 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:	27 May 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