Form 8.5 (EPT/RI) - Amend - Hargreaves

GoldmanSachs International

30 May 2024

 

Amendment - due to the amendment of Equity and Derivatives transactions, the disclosure made on 24 May for dealings on 23 May has been updated. Sections 2(a) and 2(b) have been updated.

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:	23 May 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	5,027,739	11.5100 GBP	10.4600 GBP
0.4p ordinary	Sales	2,411,528 195,282	11.4850 GBP 13.7465 USD	10.5000 GBP 13.7465 USD

(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 short position	37,107	10.5776 GBP
0.4p ordinary	CFD	Increasing a long position	56,648	10.5787 GBP
0.4p ordinary	CFD	Reducing a long position	16,401	10.5875 GBP
0.4p ordinary	CFD	Increasing a long position	2,307	10.5917 GBP
0.4p ordinary	CFD	Reducing a long position	77,180	10.6251 GBP
0.4p ordinary	CFD	Reducing a long position	166,900	10.6251 GBP
0.4p ordinary	CFD	Reducing a long position	47,900	10.6251 GBP
0.4p ordinary	CFD	Reducing a long position	165,220	10.6251 GBP
0.4p ordinary	CFD	Reducing a long position	269,000	10.6251 GBP
0.4p ordinary	CFD	Reducing a long position	692	10.6625 GBP
0.4p ordinary	CFD	Increasing a long position	7,946	10.6685 GBP
0.4p ordinary	CFD	Reducing a long position	18,470	10.6794 GBP
0.4p ordinary	CFD	Increasing a long position	243	10.6841 GBP
0.4p ordinary	CFD	Reducing a long position	4,471	10.6848 GBP
0.4p ordinary	CFD	Reducing a long position	1,530	10.6895 GBP
0.4p ordinary	CFD	Increasing a long position	58	10.7039 GBP
0.4p ordinary	CFD	Reducing a long position	103,576	10.7054 GBP
0.4p ordinary	CFD	Increasing a short position	5,557	10.7113 GBP
0.4p ordinary	CFD	Reducing a long position	10,186	10.7115 GBP
0.4p ordinary	CFD	Increasing a long position	2,496	10.7148 GBP
0.4p ordinary	CFD	Opening a short position	3,093	10.7279 GBP
0.4p ordinary	CFD	Increasing a long position	14,713	10.7425 GBP
0.4p ordinary	CFD	Reducing a short position	5,556	10.7439 GBP
0.4p ordinary	CFD	Reducing a long position	9,612	10.7491 GBP
0.4p ordinary	CFD	Reducing a long position	21,293	10.7491 GBP
0.4p ordinary	CFD	Reducing a short position	35,490	10.7492 GBP
0.4p ordinary	CFD	Reducing a short position	1,373	10.7492 GBP
0.4p ordinary	CFD	Reducing a short position	11,209	10.7492 GBP
0.4p ordinary	CFD	Increasing a long position	7,005	10.7508 GBP
0.4p ordinary	CFD	Reducing a long position	185	10.7705 GBP
0.4p ordinary	CFD	Reducing a long position	55	10.7883 GBP
0.4p ordinary	CFD	Reducing a long position	4,840	10.7991 GBP
0.4p ordinary	CFD	Reducing a long position	30,843	10.8011 GBP
0.4p ordinary	CFD	Reducing a long position	1,910	10.8159 GBP
0.4p ordinary	CFD	Reducing a short position	5,556	10.8196 GBP
0.4p ordinary	CFD	Reducing a long position	17,486	10.8278 GBP
0.4p ordinary	CFD	Increasing a long position	12,123	10.8327 GBP
0.4p ordinary	CFD	Increasing a long position	1,904	10.8356 GBP
0.4p ordinary	CFD	Reducing a long position	265,481	10.8441 GBP
0.4p ordinary	CFD	Reducing a long position	180	10.8525 GBP
0.4p ordinary	CFD	Reducing a short position	8,334	10.8553 GBP
0.4p ordinary	CFD	Increasing a long position	11,287	10.8591 GBP
0.4p ordinary	CFD	Increasing a long position	15,256	10.8909 GBP
0.4p ordinary	CFD	Reducing a long position	53,821	10.8959 GBP
0.4p ordinary	CFD	Increasing a long position	100,000	10.9001 GBP
0.4p ordinary	CFD	Reducing a long position	1,562	10.9014 GBP
0.4p ordinary	CFD	Reducing a long position	68	10.9052 GBP
0.4p ordinary	CFD	Increasing a long position	1	10.9139 GBP
0.4p ordinary	CFD	Increasing a short position	84	10.9201 GBP
0.4p ordinary	CFD	Reducing a long position	19,571	10.9220 GBP
0.4p ordinary	CFD	Reducing a long position	10,000	10.9356 GBP
0.4p ordinary	CFD	Increasing a long position	85	10.9389 GBP
0.4p ordinary	CFD	Increasing a long position	5,505	10.9505 GBP
0.4p ordinary	CFD	Increasing a long position	2,644	10.9543 GBP
0.4p ordinary	CFD	Reducing a long position	5,317	10.9703 GBP
0.4p ordinary	CFD	Reducing a long position	957	10.9755 GBP
0.4p ordinary	CFD	Reducing a long position	1,250	10.9863 GBP
0.4p ordinary	CFD	Reducing a long position	518	10.9863 GBP
0.4p ordinary	CFD	Reducing a long position	59,044	10.9863 GBP
0.4p ordinary	CFD	Reducing a long position	24,478	10.9863 GBP
0.4p ordinary	CFD	Reducing a long position	2,847	10.9873 GBP
0.4p ordinary	CFD	Reducing a long position	1,180	10.9874 GBP
0.4p ordinary	CFD	Reducing a long position	20,485	11.0135 GBP
0.4p ordinary	CFD	Reducing a short position	5,557	11.0144 GBP
0.4p ordinary	CFD	Reducing a short position	5,321	11.0242 GBP
0.4p ordinary	CFD	Reducing a short position	5,557	11.0528 GBP
0.4p ordinary	CFD	Reducing a long position	2,457	11.0607 GBP
0.4p ordinary	CFD	Increasing a long position	50,000	11.0615 GBP
0.4p ordinary	CFD	Increasing a long position	9,229	11.0862 GBP
0.4p ordinary	CFD	Opening a long position	1,906	11.0905 GBP
0.4p ordinary	CFD	Increasing a long position	253	11.0960 GBP
0.4p ordinary	CFD	Increasing a long position	11,300	11.1059 GBP
0.4p ordinary	CFD	Increasing a long position	15,572	11.1247 GBP
0.4p ordinary	CFD	Reducing a long position	3,109	11.1284 GBP
0.4p ordinary	CFD	Reducing a long position	35,715	11.1454 GBP
0.4p ordinary	CFD	Reducing a short position	12,123	11.1584 GBP
0.4p ordinary	CFD	Reducing a short position	48,566	11.1584 GBP
0.4p ordinary	CFD	Reducing a short position	44,222	11.1584 GBP
0.4p ordinary	CFD	Reducing a long position	52,765	11.1748 GBP
0.4p ordinary	CFD	Reducing a long position	64,810	11.1748 GBP
0.4p ordinary	CFD	Reducing a long position	9,853	11.1753 GBP
0.4p ordinary	CFD	Reducing a long position	1,025	11.1940 GBP
0.4p ordinary	CFD	Increasing a long position	3,317	11.1985 GBP
0.4p ordinary	CFD	Increasing a long position	2,274	11.1989 GBP
0.4p ordinary	CFD	Increasing a long position	17,529	11.1989 GBP
0.4p ordinary	CFD	Increasing a long position	189	11.1989 GBP
0.4p ordinary	CFD	Increasing a long position	368	11.1991 GBP
0.4p ordinary	CFD	Opening a long position	518	11.1991 GBP
0.4p ordinary	CFD	Reducing a short position	649	11.1991 GBP
0.4p ordinary	CFD	Increasing a long position	4,107	11.1998 GBP
0.4p ordinary	CFD	Increasing a long position	13,358	11.2000 GBP
0.4p ordinary	CFD	Increasing a long position	100,000	11.2000 GBP
0.4p ordinary	CFD	Reducing a long position	38,907	11.2002 GBP
0.4p ordinary	CFD	Reducing a long position	10,166	11.2011 GBP
0.4p ordinary	CFD	Reducing a long position	841	11.2011 GBP
0.4p ordinary	CFD	Opening a short position	2,736	11.2011 GBP
0.4p ordinary	CFD	Reducing a long position	7	11.2011 GBP
0.4p ordinary	CFD	Reducing a long position	9,931	11.2011 GBP
0.4p ordinary	CFD	Reducing a long position	32,425	11.2011 GBP
0.4p ordinary	CFD	Reducing a long position	1	11.2017 GBP
0.4p ordinary	CFD	Reducing a long position	61,200	11.2022 GBP
0.4p ordinary	CFD	Reducing a long position	132,843	11.2022 GBP
0.4p ordinary	CFD	Reducing a long position	1,135,189	11.2200 GBP
0.4p ordinary	CFD	Reducing a long position	220,701	11.2200 GBP
0.4p ordinary	CFD	Opening a long position	10,000	11.2617 GBP
0.4p ordinary	CFD	Reducing a short position	5,556	11.2685 GBP
0.4p ordinary	CFD	Increasing a long position	17,486	11.2736 GBP
0.4p ordinary	CFD	Reducing a short position	5,556	11.2868 GBP
0.4p ordinary	CFD	Reducing a short position	5,555	11.3164 GBP
0.4p ordinary	CFD	Reducing a long position	23,018	11.4557 GBP
0.4p ordinary	CFD	Reducing a long position	18,766	11.4557 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:	30 May 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