Form 8.3 - Hong Kong Exchanges and Clearing Ltd

Source: RNS
RNS Number : 3343P
Wellington Management Group LLP
09 October 2019
 

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

1.

KEY INFORMATION

 


 

(a)

Full name of discloser:

Wellington Management Group LLP

 

(b)

Owner or controller of interests and short positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.


 

(c)

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

 

(d)

If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:


 

(e)

Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable date prior to the disclosure

08 October 2019

 

(f)

In addition to the company in 1(c) above, is the discloser 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

London Stock Exchange Group plc

 


 

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

 


 

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

 

(a)

Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

 


 

Class of relevant security:

Common Stock (HK0388045442)

 


Interests

Short Positions

 


Number

%

Number

%

 

(1)

Relevant securities owned and/or controlled:

1,905,969

0.15 %

156,062

0.01 %

 

(2)

Cash-settled derivatives:



2,917

0.00 %

 

(3)

Stock-settled derivatives (including options) and agreements to purchase/sell:

12,140

0.00 %

29,228

0.00 %

 


Total

1,918,109 *

0.15 %

188,207

0.01 %

 

* Wellington Management Group LLP does not have discretion regarding voting decisions in respect of 42,806 shares that are included in the total above.

 


 

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 


 


 

(b)

Rights to subscribe for new securities (including directors' and other employee options)

 


 

Class of relevant security in relation to which subscription right exists:


 

Details, including nature of the rights concerned and relevant percentages:


 


 

3.

DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

 


 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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

Purchase/sale

Number of securities

Price per unit

 

Common Stock (HK0388045442)

Purchase

435,000

232.3969 HKD

 

Common Stock (HK0388045442)

Sale

18,339

231.7290 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

 






 


 

(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

Common Stock (HK0388045442)

Equity Put Option

Purchase

14,779

61.5000USD

American

08 Oct 19

.5700 USD


 

(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)

 





 


 

4.

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 person 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 person 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

 


 

(c)

Attachments

 


 

Is a Supplemental Form 8 (Open Positions) attached?

YES

 


 

Date of disclosure

09 October 2019

 

Contact name

Shaheen Hussain

 

Telephone number

44-20-7126-6609

 


 

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 +44 (0)20 7638 0129.

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


SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS,

AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the "Code")

1.

KEY INFORMATION


Full name of person making disclosure:

Wellington Management Group LLP

Name of offeror/offeree in relation to whose relevant securities the disclosure relates:

Hong Kong Exchanges and Clearing Limited


2.

STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)


 

Class of relevant security

Product description e.g. call option

Written or purchased

Number of securities to which option or derivative relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Common Stock (HK0388045442)

Equity Call Option

Purchased

9,785

68.0000USD

American

08 Oct 19

Common Stock (HK0388045442)

Equity Put Option

Purchased

2,355

58.0000USD

American

08 Oct 19

Common Stock (HK0388045442)

Equity Put Option

Written

153

59.0000USD

American

08 Oct 19

Common Stock (HK0388045442)

Equity Put Option

Written

153

59.0000USD

American

08 Oct 19

Common Stock (HK0388045442)

Equity Put Option

Written

153

59.0000USD

American

08 Oct 19

Common Stock (HK0388045442)

Equity Put Option

Written

2,355

63.0000USD

American

08 Oct 19

Common Stock (HK0388045442)

Equity Put Option

Written

5,246

60.0000USD

American

08 Oct 19

Common Stock (HK0388045442)

Equity Put Option

Written

6,390

60.0000USD

American

08 Oct 19

Common Stock (HK0388045442)

Equity Put Option

Written

14,778

61.5000USD

American

08 Oct 19


3.

AGREEMENTS TO PURCHASE OR SELL ETC.


Full details should be given so that the nature of the interest or position can be fully understood:

None


It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives

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

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.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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