Form 8.5 (EPT/RI) - hargreaves

GoldmanSachs International

06 August 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:	05 August 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	1,122,706	10.7300 GBP	10.4950 GBP
0.4p ordinary	Sales	2,919,478	10.7750 GBP	10.5000 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	Increasing a long position	1,360	10.5139 GBP
0.4p ordinary	CFD	Reducing a short position	3,532	10.5142 GBP
0.4p ordinary	CFD	Increasing a long position	295	10.5148 GBP
0.4p ordinary	CFD	Increasing a long position	2,271	10.5150 GBP
0.4p ordinary	CFD	Reducing a long position	284	10.5152 GBP
0.4p ordinary	CFD	Reducing a long position	174	10.5152 GBP
0.4p ordinary	CFD	Reducing a long position	363	10.5152 GBP
0.4p ordinary	CFD	Reducing a long position	2,075	10.5152 GBP
0.4p ordinary	CFD	Reducing a long position	385	10.5174 GBP
0.4p ordinary	CFD	Reducing a long position	801	10.5174 GBP
0.4p ordinary	CFD	Reducing a long position	17	10.5261 GBP
0.4p ordinary	CFD	Reducing a long position	31	10.5261 GBP
0.4p ordinary	CFD	Increasing a long position	2,180	10.5287 GBP
0.4p ordinary	CFD	Increasing a long position	6,295	10.5352 GBP
0.4p ordinary	CFD	Increasing a long position	189	10.5364 GBP
0.4p ordinary	CFD	Increasing a long position	4,802	10.5380 GBP
0.4p ordinary	CFD	Reducing a long position	24,000	10.5409 GBP
0.4p ordinary	CFD	Reducing a long position	24	10.5411 GBP
0.4p ordinary	CFD	Reducing a long position	15	10.5411 GBP
0.4p ordinary	CFD	Reducing a long position	30	10.5411 GBP
0.4p ordinary	CFD	Reducing a long position	171	10.5411 GBP
0.4p ordinary	CFD	Increasing a long position	6,933	10.5419 GBP
0.4p ordinary	CFD	Increasing a long position	924	10.5437 GBP
0.4p ordinary	CFD	Reducing a short position	3,765	10.5474 GBP
0.4p ordinary	CFD	Reducing a long position	345	10.5507 GBP
0.4p ordinary	CFD	Reducing a long position	46	10.5508 GBP
0.4p ordinary	CFD	Increasing a long position	7,139	10.5514 GBP
0.4p ordinary	CFD	Reducing a long position	54	10.5540 GBP
0.4p ordinary	CFD	Reducing a long position	390	10.5540 GBP
0.4p ordinary	CFD	Reducing a long position	468	10.5546 GBP
0.4p ordinary	CFD	Reducing a long position	24	10.5563 GBP
0.4p ordinary	CFD	Reducing a long position	50	10.5563 GBP
0.4p ordinary	CFD	Reducing a long position	1,246	10.5593 GBP
0.4p ordinary	CFD	Reducing a long position	8,975	10.5593 GBP
0.4p ordinary	CFD	Reducing a long position	1	10.5611 GBP
0.4p ordinary	CFD	Reducing a long position	71	10.5650 GBP
0.4p ordinary	CFD	Reducing a long position	148	10.5650 GBP
0.4p ordinary	CFD	Increasing a long position	47,520	10.5652 GBP
0.4p ordinary	CFD	Reducing a long position	1,002	10.5717 GBP
0.4p ordinary	CFD	Opening a long position	1,986	10.5752 GBP
0.4p ordinary	CFD	Reducing a long position	333	10.5764 GBP
0.4p ordinary	CFD	Reducing a long position	2,423	10.5765 GBP
0.4p ordinary	CFD	Reducing a long position	427	10.5784 GBP
0.4p ordinary	CFD	Reducing a long position	3,116	10.5785 GBP
0.4p ordinary	CFD	Increasing a long position	4	10.5839 GBP
0.4p ordinary	CFD	Reducing a long position	417	10.5843 GBP
0.4p ordinary	CFD	Reducing a long position	58	10.5864 GBP
0.4p ordinary	CFD	Increasing a long position	5,342	10.5864 GBP
0.4p ordinary	CFD	Reducing a long position	5	10.5891 GBP
0.4p ordinary	CFD	Reducing a long position	36	10.5977 GBP
0.4p ordinary	CFD	Opening a long position	127,597	10.5978 GBP
0.4p ordinary	CFD	Increasing a long position	1,478	10.5997 GBP
0.4p ordinary	CFD	Reducing a long position	70	10.6023 GBP
0.4p ordinary	CFD	Reducing a long position	512	10.6023 GBP
0.4p ordinary	CFD	Reducing a long position	6,000	10.6035 GBP
0.4p ordinary	CFD	Increasing a long position	22,403	10.6129 GBP
0.4p ordinary	CFD	Reducing a long position	30,000	10.6182 GBP
0.4p ordinary	CFD	Increasing a long position	782	10.6208 GBP
0.4p ordinary	CFD	Reducing a long position	129	10.6389 GBP
0.4p ordinary	CFD	Reducing a long position	765	10.6390 GBP
0.4p ordinary	CFD	Increasing a long position	31	10.6398 GBP
0.4p ordinary	CFD	Reducing a long position	48	10.6431 GBP
0.4p ordinary	CFD	Reducing a long position	15	10.6491 GBP
0.4p ordinary	CFD	Reducing a long position	4	10.6954 GBP
0.4p ordinary	CFD	Reducing a long position	28	10.6954 GBP
0.4p ordinary	SWAP	Reducing a short position	874	13.4797 USD
0.4p ordinary	SWAP	Reducing a short position	12,676	13.4890 USD

(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:	06 August 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