Form 8.5 (EPT/RI) - hargreaves

GoldmanSachs International

20 June 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:	19 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	1,035,242	11.5300 GBP	11.1600 GBP
0.4p ordinary	Sales	452,063	11.5300 GBP	11.1650 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 short position	7,426	11.1684 GBP
0.4p ordinary	CFD	Reducing a long position	2,428	11.1780 GBP
0.4p ordinary	CFD	Increasing a long position	3,823	11.2070 GBP
0.4p ordinary	CFD	Reducing a long position	21	11.2137 GBP
0.4p ordinary	CFD	Reducing a long position	157	11.2140 GBP
0.4p ordinary	CFD	Reducing a long position	15	11.2150 GBP
0.4p ordinary	CFD	Increasing a long position	224	11.2217 GBP
0.4p ordinary	CFD	Increasing a long position	383	11.2305 GBP
0.4p ordinary	CFD	Reducing a long position	15,541	11.2351 GBP
0.4p ordinary	CFD	Opening a long position	569	11.2374 GBP
0.4p ordinary	CFD	Opening a long position	2,524	11.2385 GBP
0.4p ordinary	CFD	Increasing a long position	6,351	11.2400 GBP
0.4p ordinary	CFD	Increasing a long position	140	11.2414 GBP
0.4p ordinary	CFD	Reducing a long position	25,945	11.2484 GBP
0.4p ordinary	CFD	Increasing a long position	11	11.2489 GBP
0.4p ordinary	CFD	Reducing a long position	982	11.2506 GBP
0.4p ordinary	CFD	Reducing a long position	3,290	11.2572 GBP
0.4p ordinary	CFD	Reducing a long position	1,184	11.2608 GBP
0.4p ordinary	CFD	Reducing a long position	538	11.2608 GBP
0.4p ordinary	CFD	Increasing a long position	774	11.2614 GBP
0.4p ordinary	CFD	Increasing a long position	1,045	11.2627 GBP
0.4p ordinary	CFD	Increasing a long position	6	11.2642 GBP
0.4p ordinary	CFD	Reducing a long position	144	11.2659 GBP
0.4p ordinary	CFD	Reducing a long position	164	11.2660 GBP
0.4p ordinary	CFD	Reducing a long position	47	11.2662 GBP
0.4p ordinary	CFD	Reducing a long position	660	11.2663 GBP
0.4p ordinary	CFD	Reducing a long position	18,366	11.2678 GBP
0.4p ordinary	CFD	Reducing a long position	8,344	11.2680 GBP
0.4p ordinary	CFD	Reducing a long position	2,740	11.2688 GBP
0.4p ordinary	CFD	Reducing a long position	6,023	11.2689 GBP
0.4p ordinary	CFD	Reducing a long position	1,645	11.2712 GBP
0.4p ordinary	CFD	Reducing a long position	3,606	11.2714 GBP
0.4p ordinary	CFD	Reducing a long position	625	11.2722 GBP
0.4p ordinary	CFD	Reducing a long position	74	11.2727 GBP
0.4p ordinary	CFD	Reducing a long position	78	11.2740 GBP
0.4p ordinary	CFD	Reducing a long position	62	11.2748 GBP
0.4p ordinary	CFD	Reducing a long position	4,545	11.2749 GBP
0.4p ordinary	CFD	Reducing a long position	239	11.2752 GBP
0.4p ordinary	CFD	Reducing a long position	137	11.2758 GBP
0.4p ordinary	CFD	Reducing a long position	25	11.2761 GBP
0.4p ordinary	CFD	Reducing a long position	1,316	11.2770 GBP
0.4p ordinary	CFD	Reducing a long position	2,914	11.2771 GBP
0.4p ordinary	CFD	Reducing a long position	66	11.2776 GBP
0.4p ordinary	CFD	Reducing a long position	74	11.2777 GBP
0.4p ordinary	CFD	Reducing a long position	18	11.2785 GBP
0.4p ordinary	CFD	Reducing a long position	37	11.2785 GBP
0.4p ordinary	CFD	Reducing a long position	33	11.2786 GBP
0.4p ordinary	CFD	Reducing a long position	197	11.2789 GBP
0.4p ordinary	CFD	Reducing a long position	1,181	11.2790 GBP
0.4p ordinary	CFD	Increasing a long position	18,835	11.2793 GBP
0.4p ordinary	CFD	Reducing a long position	7	11.2795 GBP
0.4p ordinary	CFD	Reducing a long position	94	11.2817 GBP
0.4p ordinary	CFD	Reducing a long position	17	11.2820 GBP
0.4p ordinary	CFD	Reducing a long position	147	11.2820 GBP
0.4p ordinary	CFD	Reducing a long position	2	11.2824 GBP
0.4p ordinary	CFD	Reducing a long position	2	11.2824 GBP
0.4p ordinary	CFD	Reducing a long position	33	11.2828 GBP
0.4p ordinary	CFD	Reducing a long position	31	11.2849 GBP
0.4p ordinary	CFD	Reducing a long position	8	11.2864 GBP
0.4p ordinary	CFD	Reducing a long position	38	11.2865 GBP
0.4p ordinary	CFD	Reducing a long position	4	11.2867 GBP
0.4p ordinary	CFD	Reducing a long position	6,085	11.2897 GBP
0.4p ordinary	CFD	Reducing a long position	1	11.2911 GBP
0.4p ordinary	CFD	Reducing a long position	1	11.2936 GBP
0.4p ordinary	CFD	Reducing a long position	1	11.2936 GBP
0.4p ordinary	CFD	Reducing a long position	9	11.2951 GBP
0.4p ordinary	CFD	Reducing a long position	8	11.2951 GBP
0.4p ordinary	CFD	Reducing a long position	30	11.2953 GBP
0.4p ordinary	CFD	Reducing a long position	16	11.2987 GBP
0.4p ordinary	CFD	Reducing a long position	3	11.2987 GBP
0.4p ordinary	CFD	Reducing a long position	14	11.2987 GBP
0.4p ordinary	CFD	Reducing a long position	58	11.3010 GBP
0.4p ordinary	CFD	Reducing a long position	7	11.3014 GBP
0.4p ordinary	CFD	Opening a short position	156	11.3034 GBP
0.4p ordinary	CFD	Increasing a long position	26,051	11.3042 GBP
0.4p ordinary	CFD	Reducing a long position	2,123	11.3213 GBP
0.4p ordinary	CFD	Increasing a long position	3,830	11.3223 GBP
0.4p ordinary	CFD	Reducing a long position	7	11.3225 GBP
0.4p ordinary	CFD	Increasing a short position	2,599	11.3279 GBP
0.4p ordinary	CFD	Increasing a long position	254	11.3461 GBP
0.4p ordinary	CFD	Increasing a long position	62	11.3589 GBP
0.4p ordinary	CFD	Reducing a long position	200	11.3618 GBP
0.4p ordinary	CFD	Reducing a long position	1,329	11.3618 GBP
0.4p ordinary	CFD	Reducing a long position	186	11.3618 GBP
0.4p ordinary	CFD	Reducing a long position	505	11.3618 GBP
0.4p ordinary	CFD	Reducing a long position	203	11.3618 GBP
0.4p ordinary	CFD	Reducing a long position	447	11.3618 GBP
0.4p ordinary	CFD	Reducing a long position	35,540	11.3618 GBP
0.4p ordinary	CFD	Reducing a long position	16,277	11.4015 GBP
0.4p ordinary	CFD	Increasing a long position	27,211	11.4289 GBP
0.4p ordinary	CFD	Reducing a long position	216	11.4478 GBP
0.4p ordinary	CFD	Reducing a long position	2,863	11.4502 GBP
0.4p ordinary	CFD	Opening a short position	392,859	11.4740 GBP
0.4p ordinary	CFD	Increasing a long position	3,615	11.4836 GBP
0.4p ordinary	CFD	Reducing a long position	709	11.5129 GBP
0.4p ordinary	CFD	Reducing a long position	1,772	11.5133 GBP
0.4p ordinary	CFD	Reducing a long position	1,566	11.5136 GBP
0.4p ordinary	CFD	Reducing a long position	4,659	11.5137 GBP
0.4p ordinary	CFD	Reducing a long position	650	11.5137 GBP
0.4p ordinary	CFD	Reducing a long position	136,712	11.5165 GBP
0.4p ordinary	CFD	Reducing a long position	3,331	11.5166 GBP
0.4p ordinary	CFD	Reducing a long position	27,812	11.5209 GBP
0.4p ordinary	CFD	Increasing a long position	90	11.5288 GBP
0.4p ordinary	CFD	Increasing a long position	179	11.5288 GBP
0.4p ordinary	CFD	Increasing a long position	28	11.5288 GBP
0.4p ordinary	CFD	Increasing a long position	55,918	11.5288 GBP
0.4p ordinary	CFD	Increasing a long position	206	11.5291 GBP
0.4p ordinary	CFD	Reducing a long position	4,253	11.5300 GBP
0.4p ordinary	CFD	Reducing a long position	654	11.5306 GBP
0.4p ordinary	CFD	Reducing a long position	64	11.5312 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:	20 June 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