Form 8.5 (EPT/RI)-Replacement of Hargreaves

Morgan Stanley & Co. Int'l plc

21 June 2024

 

AMENDMENT(2(a), 2(b))

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:	Morgan Stanley & Co. International plc
(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:	Hargreaves Lansdown plc
(d) Date dealing undertaken:	18 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 this 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	4,251,144	11.3625 GBP	10.4750 GBP
0.4p ordinary	SALES	2,691,375	11.3700 GBP	10.5050 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	57,481	10.7992 GBP
0.4p ordinary	CFD	increasing a long position	228,109	10.7992 GBP
0.4p ordinary	CFD	increasing a long position	657	10.8292 GBP
0.4p ordinary	CFD	increasing a long position	2,488	10.8525 GBP
0.4p ordinary	CFD	increasing a long position	36	10.8600 GBP
0.4p ordinary	CFD	increasing a long position	21	11.1454 GBP
0.4p ordinary	CFD	increasing a long position	18,847	11.2286 GBP
0.4p ordinary	CFD	increasing a long position	22,985	11.2319 GBP
0.4p ordinary	CFD	increasing a long position	1,240	11.2400 GBP
0.4p ordinary	CFD	increasing a long position	25,000	11.2434 GBP
0.4p ordinary	CFD	increasing a long position	140	11.2713 GBP
0.4p ordinary	CFD	increasing a long position	5,728	11.2770 GBP
0.4p ordinary	CFD	increasing a long position	603	11.2823 GBP
0.4p ordinary	CFD	increasing a long position	25,000	11.2833 GBP
0.4p ordinary	CFD	increasing a long position	131	11.2896 GBP
0.4p ordinary	CFD	increasing a long position	100,396	11.2948 GBP
0.4p ordinary	CFD	increasing a long position	962	11.2999 GBP
0.4p ordinary	CFD	increasing a long position	227	11.3000 GBP
0.4p ordinary	CFD	increasing a long position	6,572	11.3000 GBP
0.4p ordinary	CFD	increasing a long position	10,221	11.3000 GBP
0.4p ordinary	CFD	increasing a long position	25,000	11.3002 GBP
0.4p ordinary	CFD	increasing a long position	24,376	11.3110 GBP
0.4p ordinary	CFD	increasing a long position	17,408	11.3250 GBP
0.4p ordinary	CFD	increasing a long position	19,828	11.3385 GBP
0.4p ordinary	CFD	increasing a long position	140,577	11.3420 GBP
0.4p ordinary	CFD	increasing a long position	139,400	11.3449 GBP
0.4p ordinary	CFD	increasing a short position	3	10.5400 GBP
0.4p ordinary	CFD	increasing a short position	4	10.5400 GBP
0.4p ordinary	CFD	increasing a short position	150	10.5800 GBP
0.4p ordinary	CFD	increasing a short position	2,307	10.6500 GBP
0.4p ordinary	CFD	increasing a short position	2,833	10.6570 GBP
0.4p ordinary	CFD	increasing a short position	696	10.6676 GBP
0.4p ordinary	CFD	increasing a short position	69	10.6890 GBP
0.4p ordinary	CFD	increasing a short position	210,850	10.6899 GBP
0.4p ordinary	CFD	increasing a short position	3,294	10.7631 GBP
0.4p ordinary	CFD	increasing a short position	18,107	10.7653 GBP
0.4p ordinary	CFD	increasing a short position	10	10.8100 GBP
0.4p ordinary	CFD	increasing a short position	84	10.9170 GBP
0.4p ordinary	CFD	increasing a short position	17,461	10.9431 GBP
0.4p ordinary	CFD	increasing a short position	584	11.0863 GBP
0.4p ordinary	CFD	increasing a short position	2,053	11.0863 GBP
0.4p ordinary	CFD	increasing a short position	5,096	11.0863 GBP
0.4p ordinary	CFD	increasing a short position	109	11.0864 GBP
0.4p ordinary	CFD	increasing a short position	6,739	11.1640 GBP
0.4p ordinary	CFD	increasing a short position	14,658	11.1640 GBP
0.4p ordinary	CFD	increasing a short position	63,661	11.2371 GBP
0.4p ordinary	CFD	increasing a short position	6,158	11.2596 GBP
0.4p ordinary	CFD	increasing a short position	1,935	11.3000 GBP
0.4p ordinary	CFD	increasing a short position	16,711	11.3000 GBP
0.4p ordinary	CFD	increasing a short position	139,071	11.3000 GBP
0.4p ordinary	CFD	reducing a long position	16,621	10.4876 GBP
0.4p ordinary	CFD	reducing a long position	25,000	10.5615 GBP
0.4p ordinary	CFD	reducing a long position	2,631	10.6518 GBP
0.4p ordinary	CFD	reducing a long position	25,000	10.6560 GBP
0.4p ordinary	CFD	reducing a long position	11,000	10.6899 GBP
0.4p ordinary	CFD	reducing a long position	427	10.7366 GBP
0.4p ordinary	CFD	reducing a long position	1,237	10.7467 GBP
0.4p ordinary	CFD	reducing a long position	1,374	10.8030 GBP
0.4p ordinary	CFD	reducing a long position	60,776	10.8383 GBP
0.4p ordinary	CFD	reducing a long position	2,251	10.8383 GBP
0.4p ordinary	CFD	reducing a long position	3,065	10.8500 GBP
0.4p ordinary	CFD	reducing a long position	3,465	10.8609 GBP
0.4p ordinary	CFD	reducing a long position	93,535	10.8609 GBP
0.4p ordinary	CFD	reducing a long position	15,419	10.8739 GBP
0.4p ordinary	CFD	reducing a long position	152,956	10.9157 GBP
0.4p ordinary	CFD	reducing a long position	5,665	10.9157 GBP
0.4p ordinary	CFD	reducing a long position	27	10.9919 GBP
0.4p ordinary	CFD	reducing a long position	36,582	11.0109 GBP
0.4p ordinary	CFD	reducing a long position	26,879	11.1808 GBP
0.4p ordinary	CFD	reducing a long position	63	11.2485 GBP
0.4p ordinary	CFD	reducing a long position	4,491	11.2658 GBP
0.4p ordinary	CFD	reducing a long position	69	11.2695 GBP
0.4p ordinary	CFD	reducing a long position	63	11.2740 GBP
0.4p ordinary	CFD	reducing a long position	3,328	11.2763 GBP
0.4p ordinary	CFD	reducing a long position	1	11.2800 GBP
0.4p ordinary	CFD	reducing a long position	62	11.2821 GBP
0.4p ordinary	CFD	reducing a long position	6,310	11.2831 GBP
0.4p ordinary	CFD	reducing a long position	60,000	11.2834 GBP
0.4p ordinary	CFD	reducing a long position	8,000	11.2853 GBP
0.4p ordinary	CFD	reducing a long position	12,000	11.2865 GBP
0.4p ordinary	CFD	reducing a long position	80,000	11.2935 GBP
0.4p ordinary	CFD	reducing a long position	9,465	11.2968 GBP
0.4p ordinary	CFD	reducing a long position	15,000	11.2975 GBP
0.4p ordinary	CFD	reducing a long position	3,959	11.3000 GBP
0.4p ordinary	CFD	reducing a long position	280,117	11.3000 GBP
0.4p ordinary	CFD	reducing a long position	2,938	11.3000 GBP
0.4p ordinary	CFD	reducing a long position	27,000	11.3000 GBP
0.4p ordinary	CFD	reducing a long position	2,352	11.3000 GBP
0.4p ordinary	CFD	reducing a long position	17,000	11.3000 GBP
0.4p ordinary	CFD	reducing a long position	152	11.3000 GBP
0.4p ordinary	CFD	reducing a long position	200	11.3014 GBP
0.4p ordinary	CFD	reducing a long position	1,522,112	11.3320 GBP
0.4p ordinary	CFD	reducing a short position	2,132	10.5050 GBP
0.4p ordinary	CFD	reducing a short position	4,887	10.7681 GBP
0.4p ordinary	CFD	reducing a short position	18,107	10.8108 GBP
0.4p ordinary	CFD	reducing a short position	10	10.8550 GBP
0.4p ordinary	CFD	reducing a short position	210,850	10.9712 GBP
0.4p ordinary	CFD	reducing a short position	63,661	11.0254 GBP
0.4p ordinary	CFD	reducing a short position	115	11.0319 GBP
0.4p ordinary	CFD	reducing a short position	86	11.0319 GBP
0.4p ordinary	CFD	reducing a short position	19,672	11.1093 GBP
0.4p ordinary	CFD	reducing a short position	53	11.1397 GBP
0.4p ordinary	CFD	reducing a short position	18,689	11.1794 GBP
0.4p ordinary	CFD	reducing a short position	5,097	11.1794 GBP
0.4p ordinary	CFD	reducing a short position	903	11.1849 GBP
0.4p ordinary	CFD	reducing a short position	3,311	11.1849 GBP
0.4p ordinary	CFD	reducing a short position	3,186	11.2012 GBP
0.4p ordinary	CFD	reducing a short position	9,047	11.2313 GBP
0.4p ordinary	CFD	reducing a short position	19,676	11.2313 GBP
0.4p ordinary	CFD	reducing a short position	58,246	11.2503 GBP
0.4p ordinary	CFD	reducing a short position	139,071	11.2713 GBP
0.4p ordinary	CFD	reducing a short position	50	11.2751 GBP
0.4p ordinary	CFD	reducing a short position	2,307	11.2753 GBP
0.4p ordinary	CFD	reducing a short position	32,000	11.2794 GBP
0.4p ordinary	CFD	reducing a short position	8,000	11.2794 GBP
0.4p ordinary	CFD	reducing a short position	2,641	11.2896 GBP
0.4p ordinary	CFD	reducing a short position	5,396	11.2964 GBP
0.4p ordinary	CFD	reducing a short position	4,248	11.2966 GBP
0.4p ordinary	CFD	reducing a short position	40,461	11.3000 GBP
0.4p ordinary	CFD	reducing a short position	233	11.3000 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
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

(ii)        Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit
N/A	N/A	N/A	N/A	N/A

(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)
N/A	N/A	N/A	N/A

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:	Craig Horsley
Telephone number:	[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 dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END