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Wednesday 12 February, 2020

BkofA Merrill Lynch

Form 38.5 (b) - AbbVie

RNS Number : 7849C
Bank of America Merrill Lynch
12 February 2020
 

FORM 38.5(b)

 

IRISH TAKEOVER PANEL

DISCLOSURE UNDER RULE 38.5(b) OF THE IRISH TAKEOVER PANEL ACT, 1997,
TAKEOVER RULES, 2013

DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITHOUT
RECOGNISED INTERMEDIARY STATUS, OR WITH RECOGNIZED INTERMEDIARY
STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY

 

1.

KEY INFORMATION

Name of exempt principal trader

BofA Securities, Inc.

Company dealt in

AbbVie Inc

Class of relevant security to which the
dealings being disclosed relate(Note 1)

Common - US00287Y1091

Date of dealing

11/02/2020

 

2.

INTERESTS AND SHORT POSITIONS

(a)

Interests and short positions (following dealing) in the class of relevant security
dealt in (Note 2)

Class of relevant security: Common

US00287Y1091


Long

Short

Number

%

Number

%

(1)

Relevant securities

126,027

0.009%

2,684,504

0.182 %

(2)

Derivatives (other than options):

1,968,207

0.133%

153,281

0.01%

(3)

Options and agreements to purchase/sell:

7,400

0.001%

7,500

0.001%

Total

2,101,634

0.142%

2,845,285

0.192%

 

(b)

Interests and short positions in relevant securities of the company, other than the
class dealt in (Note 2)

Class of relevant security:



Long

Short

Number

%

Number

%

(1)

Relevant securities

0

0%

0

0%

(2)

Derivatives (other than options):

0

0%

0

0%

(3)

Options and agreements to purchase/sell:

0

0%

0

0%

Total

0

0%

0

0%

3.

DEALINGS (Note 3)

(a)

Purchases and sales

Purchase/sale

Number of relevant securities

Price per unit (Note 4)

Purchase

     9,000

 96.086 USD

Purchase

     5,196

 96.13 USD

Purchase

          34

 95.09 USD

Purchase

        869

 95.326 USD

Purchase

          80

 95.46 USD

Purchase

        100

 95.73 USD

Purchase

        173

 95.89 USD

Purchase

            1

 95.9 USD

Purchase

        100

 95.905 USD

Purchase

        819

 95.91 USD

Purchase

        433

 95.92 USD

Purchase

        272

 95.93 USD

Purchase

        695

 95.94 USD

Purchase

        173

 95.95 USD

Purchase

        287

 95.96 USD

Purchase

          86

 95.97 USD

Purchase

          17

 95.982 USD

Purchase

        898

 96 USD

Purchase

        991

 96.02 USD

Purchase

          34

 96.03 USD

Purchase

        186

 96.05 USD

Purchase

     3,080

 96.11 USD

Purchase

          99

 96.3 USD

Purchase

        132

 96.35 USD

Purchase

        711

 96.36 USD

Purchase

     1,523

 96.37 USD

Purchase

        300

 96.38 USD

Purchase

        301

 96.39 USD

Purchase

        173

 96.4 USD

Purchase

        346

 96.42 USD

Purchase

          26

 96.52 USD

Purchase

        533

 96.6 USD

Purchase

        299

 96.63 USD

Purchase

        100

 96.65 USD

Purchase

        448

 96.67 USD

Purchase

        100

 96.68 USD

Purchase

        458

 96.69 USD

Purchase

        555

 96.71 USD

Purchase

        578

 96.72 USD

Purchase

     1,805

 96.73 USD

Purchase

     1,639

 96.74 USD

Purchase

     1,826

 96.75 USD

Purchase

     1,686

 96.76 USD

Purchase

        359

 96.765 USD

Purchase

     1,670

 96.77 USD

Purchase

        346

 96.78 USD

Purchase

        350

 96.79 USD

Purchase

        661

 96.8 USD

Purchase

        138

 96.81 USD

Purchase

          86

 96.83 USD

Purchase

          92

 96.99 USD

 

Purchase/sale

Number of relevant securities

Price per unit (Note 4)

Sale

        158

 95.15 USD

Sale

        100

 95.22 USD

Sale

        100

 95.24 USD

Sale

        118

 95.3 USD

Sale

        113

 95.31 USD

Sale

        150

 95.32 USD

Sale

        100

 95.325 USD

Sale

        303

 95.33 USD

Sale

        100

 95.34 USD

Sale

        100

 95.36 USD

Sale

        100

 95.38 USD

Sale

          86

 95.39 USD

Sale

        114

 95.4 USD

Sale

        100

 95.44 USD

Sale

        100

 95.49 USD

Sale

        146

 95.5 USD

Sale

            1

 95.51 USD

Sale

        100

 95.63 USD

Sale

        100

 95.67 USD

Sale

        199

 95.71 USD

Sale

        100

 95.72 USD

Sale

            2

 95.73 USD

Sale

            2

 95.75 USD

Sale

        186

 95.76 USD

Sale

        102

 95.77 USD

Sale

            2

 95.78 USD

Sale

        200

 95.79 USD

Sale

        316

 95.8 USD

Sale

        104

 95.81 USD

Sale

        101

 95.82 USD

Sale

        133

 95.83 USD

Sale

        208

 95.84 USD

Sale

        204

 95.85 USD

Sale

        706

 95.86 USD

Sale

        604

 95.87 USD

Sale

        375

 95.88 USD

Sale

        373

 95.89 USD

Sale

        405

 95.9 USD

Sale

            4

 95.905 USD

Sale

        208

 95.91 USD

Sale

        204

 95.92 USD

Sale

        204

 95.93 USD

Sale

            2

 95.935 USD

Sale

        200

 95.94 USD

Sale

        125

 95.95 USD

Sale

        315

 95.96 USD

Sale

        460

 95.97 USD

Sale

        352

 95.98 USD

Sale

        206

 95.99 USD

Sale

     2,427

 96 USD

Sale

        302

 96.01 USD

Sale

        100

 96.02 USD

Sale

        304

 96.03 USD

Sale

          10

 96.04 USD

Sale

            2

 96.05 USD

Sale

        275

 96.06 USD

Sale

        491

 96.07 USD

Sale

        200

 96.08 USD

Sale

        437

 96.09 USD

Sale

          91

 96.1 USD

Sale

     3,182

 96.11 USD

Sale

        103

 96.12 USD

Sale

     1,248

 96.13 USD

Sale

        419

 96.14 USD

Sale

     1,400

 96.15 USD

Sale

            2

 96.155 USD

Sale

        363

 96.16 USD

Sale

     1,675

 96.165 USD

Sale

     1,485

 96.17 USD

Sale

     1,043

 96.18 USD

Sale

     1,454

 96.19 USD

Sale

        314

 96.2 USD

Sale

        754

 96.21 USD

Sale

     1,713

 96.22 USD

Sale

        691

 96.23 USD

Sale

        629

 96.24 USD

Sale

     1,094

 96.25 USD

Sale

          56

 96.255 USD

Sale

     1,880

 96.26 USD

Sale

        139

 96.265 USD

Sale

        110

 96.27 USD

Sale

        389

 96.28 USD

Sale

        503

 96.29 USD

Sale

        525

 96.31 USD

Sale

        300

 96.32 USD

Sale

        259

 96.34 USD

Sale

        100

 96.35 USD

Sale

        100

 96.36 USD

Sale

        113

 96.363 USD

Sale

            3

 96.37 USD

Sale

        100

 96.38 USD

Sale

        100

 96.39 USD

Sale

        100

 96.4 USD

Sale

            2

 96.41 USD

Sale

        106

 96.42 USD

Sale

        100

 96.43 USD

Sale

            2

 96.45 USD

Sale

            1

 96.46 USD

Sale

        200

 96.47 USD

Sale

            2

 96.48 USD

Sale

            1

 96.49 USD

Sale

        100

 96.52 USD

Sale

            3

 96.53 USD

Sale

        103

 96.57 USD

Sale

            4

 96.58 USD

Sale

            1

 96.59 USD

Sale

        100

 96.6 USD

Sale

        200

 96.61 USD

Sale

        200

 96.62 USD

Sale

        102

 96.63 USD

Sale

        100

 96.65 USD

Sale

            3

 96.66 USD

Sale

            3

 96.69 USD

Sale

        100

 96.71 USD

Sale

        100

 96.72 USD

Sale

        100

 96.74 USD

Sale

        303

 96.79 USD

Sale

        100

 96.82 USD

Sale

        100

 96.84 USD

Sale

            3

 96.85 USD

Sale

        100

 96.93 USD

Sale

        200

 96.94 USD

Sale

            2

 96.95 USD

Sale

        102

 96.98 USD

Sale

            7

 97.03 USD

Sale

        100

 97.07 USD

 

(b)

Derivatives transactions (other than options transactions)

Product name,
e.g. CFD

Nature of transaction
(Note 5)

Number of relevant securities
(Note 6)

Price per unit
(Note 4)

Swaps

Reducing a Short Position

855

96.183 USD

Swaps

Reducing a Short Position

59

96.132 USD

Swaps

Reducing a Short Position

210

96.132 USD

Swaps

Reducing a Short Position

364

96.132 USD

Swaps

Reducing a Short Position

187

96.132 USD

Swaps

Increasing a Short Position

17

95.984 USD

Swaps

Reducing a Long Position

977

95.956 USD

Swaps

Reducing a Short Position

113

96.335 USD

 

(c)

Options transactions in respect of existing relevant securities

(i)

Writing, selling, purchasing or varying

Product name, e.g. call option

Writing, selling, purchasing, varying etc.

Number of securities to which the option relates (Note 7)

Exercise price

Type, e.g. American, European etc

Expiry date

Option money paid/ received per unit (Note 4)

N/A

N/A

N/A

N/A

N/A

N/A

N/A

 

(ii)

Exercising

Product name,
e.g. call option

Number of securities

Exercise price per
unit
(Note 4)

N/A

N/A

N/A

 

(d)

Other dealings (including transactions in respect of new securities) (Note 3)

Nature or transaction
(Note 7)

Details

Price per unit
(if applicable)
(Note 4)




Borrow

Borrow of 141,600 shares

N/A

Borrow

Borrow of 50,000 shares

N/A

Borrow

Borrow of 779,000 shares

N/A

Borrow

Borrow of 205,904 shares

N/A

 

4.

OTHER INFORMATION

 

Agreements, arrangements or understandings relating to options or derivatives

 

Full details of any agreement, arrangement or understanding between the person
disclosing and any other person relating to the voting rights of any relevant
securities under any option referred to on this form or relating to the voting rights
or future acquisition or disposal of any relevant securities to which any derivative
referred to on this form is referenced. If none, this should be stated.

None

 

Is a Supplemental Form 38.5(b) attached? (Note 8)

Yes

 

Date of disclosure

12/02/2020

Contact name

Tolu Tade

Telephone number

+44207 996 3410

Name of offeree/offeror with which connected

AbbVie Inc

Nature of connection (Note 9)

Advisor to - AbbVie Inc

 

 

 

 

 

 

SUPPLEMENTAL FORM 38.5(b)


DISCLOSURE UNDER RULE 38.5(b) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013

 

DETAILS OF OPEN POSITIONS

 

Product name,
e.g. call option

Written or
purchased

Number of securities to which the option or derivative relates

Exercise price
(Note 2)

Type, e.g.
American,
European etc

Expiry date

Call Option

 Written

   7,500

105 USD

 American

15/01/2021

 Call Option

 Purchased

   7,400

 85 USD

 American

15/01/2021

 

 

 

 

 


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