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Company Announcements

Form 8.5 (EPT/RI) Fenner plc

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By LSE RNS

RNS Number : 6165I
Morgan Stanley & Co. Int'l plc
22 March 2018
 

 

 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

FENNER PLC

(c) Name of the party to the offer with which exempt principal trader is connected:

 

COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN SCA

(d) Date dealing undertaken:

21 MARCH 2018

(e) Has the EPT previously disclosed, or is it today  disclosing, under the Code in respect of any other party to this offer?

No

 

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

 25P ORDINARY

 PURCHASES

 907,857

 6.1450 GBP

 6.1150 GBP

 25P ORDINARY

 SALES

 530,135

 6.1500 GBP

 6.1100 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

 25P ORDINARY

 CFD

 LONG

 1,536

 6.1200 GBP

 25P ORDINARY

 CFD

 LONG

 67

 6.1207 GBP

 25P ORDINARY

 CFD

 LONG

 93

 6.1208 GBP

 25P ORDINARY

 CFD

 LONG

 148

 6.1208 GBP

 25P ORDINARY

 CFD

 LONG

 505

 6.1208 GBP

 25P ORDINARY

 CFD

 LONG

 1,000

 6.1245 GBP

 25P ORDINARY

 CFD

 LONG

 12

 6.1275 GBP

 25P ORDINARY

 CFD

 LONG

 15,134

 6.1284 GBP

 25P ORDINARY

 CFD

 LONG

 9,085

 6.1286 GBP

 25P ORDINARY

 CFD

 LONG

 89

 6.1296 GBP

 25P ORDINARY

 CFD

 LONG

 11,800

 6.1297 GBP

 25P ORDINARY

 CFD

 LONG

 12,100

 6.1297 GBP

 25P ORDINARY

 CFD

 LONG

 300

 6.1297 GBP

 25P ORDINARY

 CFD

 LONG

 17,400

 6.1297 GBP

 25P ORDINARY

 CFD

 LONG

 3,900

 6.1297 GBP

 25P ORDINARY

 CFD

 LONG

 20,029

 6.1306 GBP

 25P ORDINARY

 CFD

 LONG

 6,942

 6.1318 GBP

 25P ORDINARY

 CFD

 LONG

 8,168

 6.1334 GBP

 25P ORDINARY

 CFD

 LONG

 14,432

 6.1346 GBP

 25P ORDINARY

 CFD

 LONG

 11,449

 6.1350 GBP

 25P ORDINARY

 CFD

 SHORT

 49,556

 6.1232 GBP

 25P ORDINARY

 CFD

 SHORT

 140,715

 6.1264 GBP

 25P ORDINARY

 CFD

 SHORT

 104,774

 6.1293 GBP

 25P ORDINARY

 CFD

 SHORT

 154,250

 6.1320 GBP

 25P ORDINARY

 CFD

 SHORT

 17,421

 6.1323 GBP

 25P ORDINARY

 CFD

 SHORT

 345,000

 6.1352 GBP

 25P ORDINARY

 CFD

 SHORT

 1,536

 6.1365 GBP

 25P ORDINARY

 CFD

 LONG

 42,392

 6.1297 GBP

 25P ORDINARY

 CFD

 LONG

 103,953

 6.1300 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

 Number of securities

 Exercise price per unit

 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

 

The currency of all prices and other monetary amounts should be stated.

 

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.

 

 

 

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:

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:

22 MARCH 2018
Contact name:

Craig Horsley

Telephone number:

+44(141) 245 7736

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk.  The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.

 

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

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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