Form 8.5 (EPT/RI) - HARGREAVES

GoldmanSachs International

29 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:	28 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	522,265	11.0500 GBP	10.6400 GBP
0.4p ordinary	Sales	375,591	11.0500 GBP	10.6500 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	2	10.7116 GBP
0.4p ordinary	CFD	Opening a long position	27,300	10.7118 GBP
0.4p ordinary	CFD	Reducing a short position	8,333	10.7129 GBP
0.4p ordinary	CFD	Increasing a long position	9,378	10.7139 GBP
0.4p ordinary	CFD	Increasing a long position	2,127	10.7139 GBP
0.4p ordinary	CFD	Reducing a short position	304	10.7147 GBP
0.4p ordinary	CFD	Increasing a long position	2,134	10.7148 GBP
0.4p ordinary	CFD	Reducing a long position	26,184	10.7150 GBP
0.4p ordinary	CFD	Reducing a long position	1,229	10.7152 GBP
0.4p ordinary	CFD	Reducing a long position	8,319	10.7152 GBP
0.4p ordinary	CFD	Reducing a long position	654	10.7159 GBP
0.4p ordinary	CFD	Reducing a long position	2,009	10.7159 GBP
0.4p ordinary	CFD	Reducing a long position	69	10.7161 GBP
0.4p ordinary	CFD	Reducing a long position	18,631	10.7161 GBP
0.4p ordinary	CFD	Reducing a short position	379	10.7175 GBP
0.4p ordinary	CFD	Reducing a short position	6,658	10.7175 GBP
0.4p ordinary	CFD	Reducing a short position	742	10.7175 GBP
0.4p ordinary	CFD	Reducing a long position	1,906	10.7192 GBP
0.4p ordinary	CFD	Reducing a long position	4,000	10.7192 GBP
0.4p ordinary	CFD	Reducing a long position	9,909	10.7192 GBP
0.4p ordinary	CFD	Reducing a long position	10,985	10.7192 GBP
0.4p ordinary	CFD	Reducing a long position	11,273	10.7192 GBP
0.4p ordinary	CFD	Increasing a long position	39,590	10.7316 GBP
0.4p ordinary	CFD	Reducing a long position	20,482	10.7559 GBP
0.4p ordinary	CFD	Increasing a long position	2,585	10.7568 GBP
0.4p ordinary	CFD	Reducing a long position	6,275	10.7700 GBP
0.4p ordinary	CFD	Reducing a long position	993	10.7700 GBP
0.4p ordinary	CFD	Reducing a long position	17,360	10.7935 GBP
0.4p ordinary	CFD	Opening a long position	7,416	10.7946 GBP
0.4p ordinary	CFD	Reducing a long position	21,487	10.8020 GBP
0.4p ordinary	CFD	Reducing a long position	137	10.8062 GBP
0.4p ordinary	CFD	Increasing a long position	580	10.8099 GBP
0.4p ordinary	CFD	Reducing a long position	100	10.8111 GBP
0.4p ordinary	CFD	Reducing a long position	510	10.8185 GBP
0.4p ordinary	CFD	Reducing a long position	124	10.8402 GBP
0.4p ordinary	CFD	Reducing a short position	10,604	10.8630 GBP
0.4p ordinary	CFD	Increasing a long position	3,668	10.8652 GBP
0.4p ordinary	CFD	Reducing a long position	4,418	10.8974 GBP
0.4p ordinary	CFD	Reducing a long position	1,949	10.9263 GBP
0.4p ordinary	CFD	Reducing a long position	264	10.9304 GBP
0.4p ordinary	CFD	Reducing a long position	636	10.9407 GBP
0.4p ordinary	CFD	Reducing a long position	26	10.9469 GBP
0.4p ordinary	CFD	Increasing a long position	3,168	10.9689 GBP
0.4p ordinary	CFD	Reducing a long position	28	10.9811 GBP
0.4p ordinary	CFD	Reducing a long position	9,485	10.9823 GBP
0.4p ordinary	CFD	Increasing a long position	6,083	10.9871 GBP
0.4p ordinary	CFD	Reducing a long position	240	11.0003 GBP
0.4p ordinary	CFD	Increasing a long position	2,289	11.0117 GBP
0.4p ordinary	CFD	Increasing a long position	139	11.0198 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:	29 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