Form 8.5 (EPT/RI) - hargreaves

GoldmanSachs International

15 July 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:	12 July 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	249,814	11.0600 GBP	10.9400 GBP
0.4p ordinary	Sales	1,584,338	11.2200 GBP	10.9500 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	13,449	10.9922 GBP
0.4p ordinary	CFD	Reducing a long position	2,106	10.9925 GBP
0.4p ordinary	CFD	Reducing a long position	4,199	10.9951 GBP
0.4p ordinary	CFD	Reducing a long position	1,800	10.9967 GBP
0.4p ordinary	CFD	Reducing a long position	5,798	10.9993 GBP
0.4p ordinary	CFD	Reducing a long position	2,080	10.9993 GBP
0.4p ordinary	CFD	Reducing a long position	4,835	11.0020 GBP
0.4p ordinary	CFD	Increasing a long position	472	11.0061 GBP
0.4p ordinary	CFD	Reducing a long position	2,430	11.0105 GBP
0.4p ordinary	CFD	Increasing a long position	932	11.0173 GBP
0.4p ordinary	CFD	Reducing a long position	45,284	11.0210 GBP
0.4p ordinary	CFD	Opening a long position	1,039	11.0215 GBP
0.4p ordinary	CFD	Reducing a long position	7,521	11.0256 GBP
0.4p ordinary	CFD	Reducing a long position	11,453	11.0268 GBP
0.4p ordinary	CFD	Reducing a long position	572	11.0271 GBP
0.4p ordinary	CFD	Reducing a long position	32,588	11.0271 GBP
0.4p ordinary	CFD	Reducing a short position	215	11.0290 GBP
0.4p ordinary	CFD	Reducing a long position	3,203	11.0323 GBP
0.4p ordinary	CFD	Reducing a short position	1,018	11.0391 GBP
0.4p ordinary	CFD	Reducing a long position	3,058	11.0400 GBP
0.4p ordinary	CFD	Reducing a long position	1,401	11.0401 GBP
0.4p ordinary	CFD	Reducing a long position	7,178	11.0409 GBP
0.4p ordinary	CFD	Reducing a long position	436	11.0411 GBP
0.4p ordinary	CFD	Increasing a long position	123	11.0413 GBP
0.4p ordinary	CFD	Reducing a long position	5,320	11.0417 GBP
0.4p ordinary	CFD	Reducing a long position	13,549	11.0417 GBP
0.4p ordinary	CFD	Reducing a long position	1,537	11.0417 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:	15 July 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