Amendment - Warrant dealings in section 2(c) represent holdings in warrants rather than the underlying ordinary NPV. Please note this comment is applicable to all previous filings of 8.5 EPT/RI from COB 11th Sep to 17th Sep for Hong Kong Exchanges and Clearing Limited published by Goldman Sachs International.
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 |
HONG KONG EXCHANGES AND CLEARING LIMITED |
|
(c) Name of the party to the offer with which exempt principal trader is connected: |
LONDON STOCK EXCHANGE GROUP PLC |
|
(d) Date dealing undertaken: |
17 September 2019 |
|
(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" |
YES - disclosed previously for LONDON STOCK EXCHANGE GROUP PLC |
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 |
|
ordinary NPV |
Purchases |
294,800 |
270.0000 HKD |
231.4198 HKD |
|
ordinary NPV |
Sales |
378,988 |
235.2000 HKD |
204.8571 HKD |
(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 |
|
ordinary NPV |
CFD |
Reducing a short position |
59 |
231.4273 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
13 |
231.4273 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
28 |
231.4273 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
200 |
231.8000 HKD |
|
ordinary NPV |
CFD |
Opening a short position |
300 |
231.8333 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
100 |
231.9000 HKD |
|
ordinary NPV |
CFD |
Increasing a short position |
61,900 |
232.1477 HKD |
|
ordinary NPV |
CFD |
Reducing a long position |
1,400 |
232.4000 HKD |
|
ordinary NPV |
CFD |
Increasing a short position |
100 |
232.6000 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
1,530 |
232.6815 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
3,222 |
232.6815 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
648 |
232.6815 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
1,074 |
232.7258 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
216 |
232.7258 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
510 |
232.7258 HKD |
|
ordinary NPV |
CFD |
Reducing a long position |
9,200 |
232.8261 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
120 |
232.9255 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
24 |
232.9255 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
56 |
232.9255 HKD |
|
ordinary NPV |
CFD |
Reducing a long position |
300 |
232.9904 HKD |
|
ordinary NPV |
CFD |
Reducing a long position |
700 |
232.9913 HKD |
|
ordinary NPV |
CFD |
Reducing a long position |
400 |
232.9920 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
179 |
233.4249 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
36 |
233.4249 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
85 |
233.4249 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
5,906 |
233.4471 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
1,189 |
233.4471 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
2,805 |
233.4471 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
3,340 |
233.6250 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
674 |
233.6250 HKD |
|
ordinary NPV |
CFD |
Reducing a short position |
1,586 |
233.6250 HKD |
|
ordinary NPV |
CFD |
Increasing a short position |
600 |
235.0333 HKD |
|
ordinary NPV |
CFD |
Reducing a long position |
10 |
235.2000 HKD |
|
ordinary NPV |
CFD |
Reducing a long position |
35 |
235.2000 HKD |
|
ordinary NPV |
CFD |
Reducing a long position |
55 |
235.2000 HKD |
|
ordinary NPV |
SWAP |
Reducing a short position |
6,624 |
232.0675 HKD |
|
ordinary NPV |
SWAP |
Reducing a short position |
1,836 |
232.0675 HKD |
|
ordinary NPV |
SWAP |
Reducing a short position |
1,564 |
232.0675 HKD |
|
ordinary NPV |
SWAP |
Reducing a short position |
6,532 |
232.0675 HKD |
|
ordinary NPV |
SWAP |
Reducing a short position |
7,668 |
232.0675 HKD |
|
ordinary NPV |
SWAP |
Reducing a short position |
7,776 |
232.0675 HKD |
|
ordinary NPV |
SWAP |
Reducing a long position |
2,700 |
232.9904 HKD |
(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 |
|
ordinary NPV |
Call Option / (1.00 : 100.00) |
Purchasing |
1,000 (100,000) |
235.0000 HKD |
AMERICAN |
28/11/2019 |
10.5000 HKD |
|
ordinary NPV |
Call Option / (1.00 : 100.00) |
Purchasing |
30 (3,000) |
240.0000 HKD |
AMERICAN |
28/11/2019 |
8.0900 HKD |
|
ordinary NPV |
Call Option / (1.00 : 100.00) |
Purchasing |
30 (3,000) |
245.0000 HKD |
AMERICAN |
28/11/2019 |
6.2800 HKD |
|
ordinary NPV |
Call Option / (1.00 : 100.00) |
Purchasing |
30 (3,000) |
250.0000 HKD |
AMERICAN |
28/11/2019 |
4.7600 HKD |
|
ordinary NPV |
Call Option / (1.00 : 100.00) |
Purchasing |
30 (3,000) |
250.0000 HKD |
AMERICAN |
28/11/2019 |
4.7600 HKD |
|
ordinary NPV |
Call Option / (1.00 : 100.00) |
Purchasing |
30 (3,000) |
255.0000 HKD |
AMERICAN |
28/11/2019 |
3.6200 HKD |
|
ordinary NPV |
Put Option / (1.00 : 100.00) |
Purchasing |
1,000 (100,000) |
235.0000 HKD |
AMERICAN |
28/11/2019 |
10.2500 HKD |
|
ordinary NPV |
Put Option / (1.00 : 100.00) |
Purchasing |
1 (100) |
260.0000 HKD |
AMERICAN |
30/12/2019 |
30.0700 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
4,490,000 |
231.0800 HKD |
EUROPEAN |
20/02/2020 |
0.0283 HKD |
|
Warrant |
Call Warrant |
Selling |
1,940,000 |
231.0800 HKD |
EUROPEAN |
20/02/2020 |
0.0373 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
220,000 |
208.0800 HKD |
EUROPEAN |
30/12/2019 |
0.2709 HKD |
|
Warrant |
Call Warrant |
Selling |
220,000 |
208.0800 HKD |
EUROPEAN |
30/12/2019 |
0.2759 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
2,620,000 |
217.0800 HKD |
EUROPEAN |
30/12/2019 |
0.1755 HKD |
|
Warrant |
Call Warrant |
Selling |
2,750,000 |
217.0800 HKD |
EUROPEAN |
30/12/2019 |
0.1726 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
220,000 |
268.8800 HKD |
EUROPEAN |
02/04/2020 |
0.0760 HKD |
|
Warrant |
Call Warrant |
Selling |
14,720,000 |
268.8800 HKD |
EUROPEAN |
02/04/2020 |
0.0691 HKD |
|
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 |
|
Warrant |
Put Warrant |
Purchasing |
190,000 |
275.8800 HKD |
EUROPEAN |
30/12/2019 |
0.4442 HKD |
|
Warrant |
Put Warrant |
Selling |
160,000 |
275.8800 HKD |
EUROPEAN |
30/12/2019 |
0.4500 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
1,310,000 |
220.0000 HKD |
EUROPEAN |
30/12/2019 |
0.1414 HKD |
|
Warrant |
Call Warrant |
Selling |
1,300,000 |
220.0000 HKD |
EUROPEAN |
30/12/2019 |
0.1431 HKD |
|
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 |
|
Warrant |
Put Warrant |
Purchasing |
3,500,000 |
206.6000 HKD |
EUROPEAN |
16/12/2019 |
0.0321 HKD |
|
Warrant |
Put Warrant |
Selling |
2,630,000 |
206.6000 HKD |
EUROPEAN |
16/12/2019 |
0.0332 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
3,350,000 |
250.2000 HKD |
EUROPEAN |
23/06/2020 |
0.1489 HKD |
|
Warrant |
Call Warrant |
Selling |
3,490,000 |
250.2000 HKD |
EUROPEAN |
23/06/2020 |
0.1519 HKD |
|
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 |
|
Warrant |
Put Warrant |
Purchasing |
4,200,000 |
220.6800 HKD |
EUROPEAN |
26/11/2019 |
0.1129 HKD |
|
Warrant |
Put Warrant |
Selling |
3,950,000 |
220.6800 HKD |
EUROPEAN |
26/11/2019 |
0.1147 HKD |
|
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 |
|
Warrant |
Put Warrant |
Purchasing |
4,980,000 |
234.8000 HKD |
EUROPEAN |
26/11/2019 |
0.2281 HKD |
|
Warrant |
Put Warrant |
Selling |
4,920,000 |
234.8000 HKD |
EUROPEAN |
26/11/2019 |
0.2279 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
4,810,000 |
255.2000 HKD |
EUROPEAN |
26/11/2019 |
0.0374 HKD |
|
Warrant |
Call Warrant |
Selling |
14,480,000 |
255.2000 HKD |
EUROPEAN |
26/11/2019 |
0.0375 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
330,000 |
283.4800 HKD |
EUROPEAN |
20/12/2019 |
0.0168 HKD |
|
Warrant |
Call Warrant |
Selling |
4,980,000 |
283.4800 HKD |
EUROPEAN |
20/12/2019 |
0.0179 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
560,000 |
288.2000 HKD |
EUROPEAN |
24/02/2020 |
0.0318 HKD |
|
Warrant |
Call Warrant |
Selling |
380,000 |
288.2000 HKD |
EUROPEAN |
24/02/2020 |
0.0333 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
100,000 |
288.8800 HKD |
EUROPEAN |
23/12/2020 |
0.1090 HKD |
|
Warrant |
Call Warrant |
Selling |
420,000 |
288.8800 HKD |
EUROPEAN |
23/12/2020 |
0.1045 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
3,820,000 |
235.2000 HKD |
EUROPEAN |
26/11/2019 |
0.1109 HKD |
|
Warrant |
Call Warrant |
Selling |
14,840,000 |
235.2000 HKD |
EUROPEAN |
26/11/2019 |
0.1077 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
7,940,000 |
223.0800 HKD |
EUROPEAN |
30/12/2019 |
0.1111 HKD |
|
Warrant |
Call Warrant |
Selling |
8,130,000 |
223.0800 HKD |
EUROPEAN |
30/12/2019 |
0.1108 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
450,000 |
265.2000 HKD |
EUROPEAN |
25/02/2020 |
0.0618 HKD |
|
Warrant |
Call Warrant |
Selling |
1,300,000 |
265.2000 HKD |
EUROPEAN |
25/02/2020 |
0.0601 HKD |
|
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 |
|
Warrant |
Put Warrant |
Purchasing |
120,000 |
280.8800 HKD |
EUROPEAN |
30/12/2019 |
0.4750 HKD |
|
Warrant |
Put Warrant |
Selling |
120,000 |
280.8800 HKD |
EUROPEAN |
30/12/2019 |
0.4800 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
1,400,000 |
300.2000 HKD |
EUROPEAN |
26/05/2020 |
0.0422 HKD |
|
Warrant |
Call Warrant |
Selling |
400,000 |
300.2000 HKD |
EUROPEAN |
26/05/2020 |
0.0435 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
21,890,000 |
259.0800 HKD |
EUROPEAN |
28/10/2019 |
0.0110 HKD |
|
Warrant |
Call Warrant |
Selling |
280,000 |
259.0800 HKD |
EUROPEAN |
28/10/2019 |
0.0120 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
11,260,000 |
239.1000 HKD |
EUROPEAN |
24/12/2019 |
0.1069 HKD |
|
Warrant |
Call Warrant |
Selling |
7,160,000 |
239.1000 HKD |
EUROPEAN |
24/12/2019 |
0.1062 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
90,000 |
280.2000 HKD |
EUROPEAN |
23/06/2020 |
0.0770 HKD |
|
Warrant |
Call Warrant |
Selling |
540,000 |
280.2000 HKD |
EUROPEAN |
23/06/2020 |
0.0807 HKD |
|
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 |
|
Warrant |
Call Warrant |
Purchasing |
8,760,000 |
227.0800 HKD |
EUROPEAN |
30/12/2019 |
0.0660 HKD |
|
Warrant |
Call Warrant |
Selling |
7,710,000 |
227.0800 HKD |
EUROPEAN |
30/12/2019 |
0.0699 HKD |
(ii) Exercise
|
Class of relevant security |
Product description e.g. call option |
Exercising / exercised against |
Number of securities |
Exercise price per unit |
|
ordinary NPV |
Put Option / (1.00 : 100.00) |
Exercised Against |
25 (2,500) |
270.0000 HKD |
(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: |
18 September 2019 |
Contact name: |
Kashif Rafiq and Papa Lette |
Telephone number: |
+44(20) 7051 0547 / +44(20) 7774 7442 |
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 disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
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