Form 8.5 (EPT/RI) - Hargreaves

GoldmanSachs International

21 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:	20 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	1,145,543	11.6700 GBP	11.2800 GBP
0.4p ordinary	Sales	1,402,537	11.6800 GBP	11.2750 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	183,369	11.3400 GBP
0.4p ordinary	CFD	Reducing a long position	90	11.3411 GBP
0.4p ordinary	CFD	Reducing a long position	4,415	11.3411 GBP
0.4p ordinary	CFD	Reducing a long position	27	11.3411 GBP
0.4p ordinary	CFD	Reducing a long position	25,282	11.3411 GBP
0.4p ordinary	CFD	Reducing a long position	1,319	11.3417 GBP
0.4p ordinary	CFD	Reducing a long position	226	11.3599 GBP
0.4p ordinary	CFD	Opening a long position	20,000	11.3709 GBP
0.4p ordinary	CFD	Opening a long position	180,000	11.3716 GBP
0.4p ordinary	CFD	Increasing a long position	31,972	11.3740 GBP
0.4p ordinary	CFD	Reducing a long position	407	11.3764 GBP
0.4p ordinary	CFD	Increasing a long position	15,939	11.3785 GBP
0.4p ordinary	CFD	Increasing a long position	9,591	11.3821 GBP
0.4p ordinary	CFD	Increasing a long position	9,591	11.3825 GBP
0.4p ordinary	CFD	Increasing a long position	17,710	11.3864 GBP
0.4p ordinary	CFD	Reducing a long position	8	11.4153 GBP
0.4p ordinary	CFD	Reducing a long position	36	11.4153 GBP
0.4p ordinary	CFD	Reducing a long position	4	11.4153 GBP
0.4p ordinary	CFD	Reducing a long position	10	11.4153 GBP
0.4p ordinary	CFD	Reducing a long position	1,571	11.4153 GBP
0.4p ordinary	CFD	Reducing a long position	1	11.4161 GBP
0.4p ordinary	CFD	Increasing a long position	17,489	11.4210 GBP
0.4p ordinary	CFD	Reducing a short position	6,453	11.4238 GBP
0.4p ordinary	CFD	Reducing a short position	4,517	11.4238 GBP
0.4p ordinary	CFD	Reducing a short position	6,627	11.4238 GBP
0.4p ordinary	CFD	Opening a long position	250,000	11.4259 GBP
0.4p ordinary	CFD	Increasing a long position	11,067	11.4350 GBP
0.4p ordinary	CFD	Reducing a long position	52	11.4411 GBP
0.4p ordinary	CFD	Increasing a long position	66	11.4489 GBP
0.4p ordinary	CFD	Reducing a long position	69	11.4505 GBP
0.4p ordinary	CFD	Reducing a long position	2	11.4601 GBP
0.4p ordinary	CFD	Reducing a long position	111	11.4601 GBP
0.4p ordinary	CFD	Increasing a long position	15,000	11.4696 GBP
0.4p ordinary	CFD	Reducing a long position	1,230	11.4784 GBP
0.4p ordinary	CFD	Reducing a long position	244,791	11.4787 GBP
0.4p ordinary	CFD	Reducing a long position	16,824	11.4860 GBP
0.4p ordinary	CFD	Reducing a long position	138	11.4920 GBP
0.4p ordinary	CFD	Reducing a long position	2,918	11.4969 GBP
0.4p ordinary	CFD	Reducing a long position	2,544	11.4969 GBP
0.4p ordinary	CFD	Reducing a long position	1,478	11.4986 GBP
0.4p ordinary	CFD	Reducing a long position	727	11.5024 GBP
0.4p ordinary	CFD	Reducing a long position	5,338	11.5026 GBP
0.4p ordinary	CFD	Reducing a long position	32,800	11.5050 GBP
0.4p ordinary	CFD	Reducing a long position	829	11.5145 GBP
0.4p ordinary	CFD	Reducing a long position	1,852	11.5145 GBP
0.4p ordinary	CFD	Increasing a long position	22,709	11.5153 GBP
0.4p ordinary	CFD	Increasing a long position	16,035	11.5214 GBP
0.4p ordinary	CFD	Increasing a long position	1,069	11.5241 GBP
0.4p ordinary	CFD	Increasing a long position	30,000	11.5557 GBP
0.4p ordinary	CFD	Reducing a long position	315	11.5719 GBP
0.4p ordinary	CFD	Reducing a long position	1,546	11.5719 GBP
0.4p ordinary	CFD	Reducing a long position	220	11.5719 GBP
0.4p ordinary	CFD	Reducing a long position	2,144	11.5719 GBP
0.4p ordinary	CFD	Reducing a long position	478	11.5719 GBP
0.4p ordinary	CFD	Reducing a long position	1,900	11.5719 GBP
0.4p ordinary	CFD	Reducing a long position	62,664	11.5719 GBP
0.4p ordinary	CFD	Increasing a long position	4,869	11.5908 GBP
0.4p ordinary	CFD	Reducing a long position	382	11.5917 GBP
0.4p ordinary	CFD	Reducing a long position	2,749	11.5923 GBP
0.4p ordinary	CFD	Reducing a long position	893	11.5947 GBP
0.4p ordinary	CFD	Reducing a long position	625	11.5965 GBP
0.4p ordinary	CFD	Reducing a long position	3,809	11.5966 GBP
0.4p ordinary	CFD	Reducing a long position	125,642	11.5967 GBP
0.4p ordinary	CFD	Reducing a long position	4,300	11.5967 GBP
0.4p ordinary	CFD	Increasing a long position	4,124	11.6024 GBP
0.4p ordinary	CFD	Opening a long position	200,000	11.6085 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:	21 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