Form 8.5 (EPT/RI) - hargreaves

GoldmanSachs International

14 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:	HARP BIDCO LIMITED (A NEWLY FORMED COMPANY TO BE INDIRECTLY OWNED BY CVC PRIVATE EQUITY FUNDS, NORDIC CAPITAL XI DELTA, SCSP (ACTING THROUGH ITS GENERAL PARTNER, NORDIC CAPITAL XI DELTA GP SARL) AND PLATINUM IVY B 2018 RSC LIMITED)
(d) Date dealing undertaken:	13 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	767,069	11.0150 GBP	10.9800 GBP
0.4p ordinary	Sales	281,201	11.0150 GBP	10.9875 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	46	10.9853 GBP
0.4p ordinary	CFD	Reducing a long position	1,065	10.9956 GBP
0.4p ordinary	CFD	Increasing a short position	1,173	10.9964 GBP
0.4p ordinary	CFD	Reducing a long position	10,000	10.9964 GBP
0.4p ordinary	CFD	Reducing a long position	11,623	10.9974 GBP
0.4p ordinary	CFD	Reducing a short position	128,736	10.9979 GBP
0.4p ordinary	CFD	Increasing a short position	700	10.9989 GBP
0.4p ordinary	CFD	Increasing a short position	73,090	10.9991 GBP
0.4p ordinary	CFD	Opening a short position	16,520	11.0034 GBP
0.4p ordinary	CFD	Reducing a long position	7,090	11.0034 GBP
0.4p ordinary	CFD	Reducing a short position	24	11.0039 GBP
0.4p ordinary	CFD	Reducing a short position	47	11.0039 GBP
0.4p ordinary	CFD	Reducing a short position	1,065	11.0039 GBP
0.4p ordinary	CFD	Reducing a short position	13	11.0039 GBP
0.4p ordinary	CFD	Reducing a short position	12,250	11.0041 GBP
0.4p ordinary	CFD	Opening a long position	2,167	11.0041 GBP
0.4p ordinary	CFD	Reducing a short position	763	11.0041 GBP
0.4p ordinary	CFD	Reducing a short position	953	11.0041 GBP
0.4p ordinary	CFD	Reducing a long position	13,560	11.0047 GBP
0.4p ordinary	CFD	Reducing a long position	45,612	11.0049 GBP
0.4p ordinary	CFD	Reducing a short position	46,516	11.0051 GBP
0.4p ordinary	CFD	Opening a short position	18,715	11.0055 GBP
0.4p ordinary	CFD	Increasing a short position	17,822	11.0055 GBP
0.4p ordinary	CFD	Increasing a short position	3,961	11.0059 GBP
0.4p ordinary	CFD	Increasing a short position	18,122	11.0059 GBP
0.4p ordinary	CFD	Increasing a short position	144,536	11.0059 GBP
0.4p ordinary	CFD	Increasing a short position	33,102	11.0059 GBP
0.4p ordinary	CFD	Increasing a short position	15,607	11.0059 GBP
0.4p ordinary	CFD	Increasing a short position	15,818	11.0059 GBP
0.4p ordinary	CFD	Increasing a short position	12,026	11.0059 GBP
0.4p ordinary	CFD	Increasing a short position	42,355	11.0059 GBP
0.4p ordinary	CFD	Increasing a short position	15,473	11.0059 GBP
0.4p ordinary	CFD	Reducing a long position	12,113	11.0071 GBP
0.4p ordinary	CFD	Reducing a long position	115,037	11.0073 GBP
0.4p ordinary	CFD	Increasing a short position	2,712	11.0083 GBP
0.4p ordinary	CFD	Increasing a short position	70,817	11.0084 GBP
0.4p ordinary	CFD	Increasing a long position	15	11.0098 GBP
0.4p ordinary	SWAP	Increasing a short position	13,887	14.1093 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:	14 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