FT Markets Data
Barclays Bank PLC, Pearson PLC

Form 8.5 (EPT/RI)-Replacement of Pearson Plc

Source: RNS
RNS Number : 5249H
Morgan Stanley & Co. Int'l plc
06 April 2022
 

AMENDMENT(2(a))

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

Pearson plc

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

Pearson plc

(d) Date dealing undertaken:

30 March 2022

(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?

     If it is a cash offer or possible cash offer, state "N/A"

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

901,261

7.8220 GBP

6.8000 GBP

25p ordinary

SALES

1,547,926

7.8220 GBP

6.8960 GBP

ADS

PURCHASES

17,602

9.8577 USD

9.7974 USD

ADS

SALES

17,602

9.8577 USD

9.7974 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

25p ordinary

CFD

increasing a long position

52,235

7.2281 GBP

25p ordinary

CFD

increasing a long position

7,043

7.2409 GBP

25p ordinary

CFD

increasing a long position

21,731

7.2800 GBP

25p ordinary

CFD

increasing a long position

8,287

7.3356 GBP

25p ordinary

CFD

increasing a long position

3,000

7.3564 GBP

25p ordinary

CFD

increasing a long position

177,664

7.3627 GBP

25p ordinary

CFD

increasing a long position

22,336

7.3627 GBP

25p ordinary

CFD

increasing a long position

7,059

7.3781 GBP

25p ordinary

CFD

increasing a long position

29,959

7.3841 GBP

25p ordinary

CFD

increasing a long position

31,271

7.3920 GBP

25p ordinary

CFD

increasing a long position

110,716

7.3920 GBP

25p ordinary

CFD

increasing a long position

3,113

7.3920 GBP

25p ordinary

CFD

increasing a long position

16,461

7.3920 GBP

25p ordinary

CFD

increasing a long position

21,406

7.3920 GBP

25p ordinary

CFD

increasing a long position

2,562

7.3954 GBP

25p ordinary

CFD

increasing a long position

22,100

7.4155 GBP

25p ordinary

CFD

increasing a long position

1,859

7.4381 GBP

25p ordinary

CFD

increasing a long position

16

7.7620 GBP

25p ordinary

CFD

increasing a long position

1,212

7.8111 GBP

25p ordinary

CFD

increasing a long position

77

7.8196 GBP

25p ordinary

CFD

increasing a long position

447

7.8420 GBP

25p ordinary

CFD

increasing a short position

532

6.8000 GBP

25p ordinary

CFD

increasing a short position

2,500

6.8953 GBP

25p ordinary

CFD

increasing a short position

166,585

6.9334 GBP

25p ordinary

CFD

increasing a short position

4,189

6.9569 GBP

25p ordinary

CFD

increasing a short position

1,324

7.1974 GBP

25p ordinary

CFD

increasing a short position

1,592

7.3829 GBP

25p ordinary

CFD

increasing a short position

148

7.3840 GBP

25p ordinary

CFD

increasing a short position

16,948

7.3920 GBP

25p ordinary

CFD

increasing a short position

962

7.5681 GBP

25p ordinary

CFD

reducing a long position

1,859

6.8000 GBP

25p ordinary

CFD

reducing a long position

67,000

7.1333 GBP

25p ordinary

CFD

reducing a long position

2,562

7.2147 GBP

25p ordinary

CFD

reducing a long position

52,235

7.2360 GBP

25p ordinary

CFD

reducing a long position

11,477

7.2462 GBP

25p ordinary

CFD

reducing a long position

445

7.3203 GBP

25p ordinary

CFD

reducing a long position

18,916

7.3836 GBP

25p ordinary

CFD

reducing a long position

110,716

7.3920 GBP

25p ordinary

CFD

reducing a long position

20,637

7.3920 GBP

25p ordinary

CFD

reducing a long position

154

7.3920 GBP

25p ordinary

CFD

reducing a long position

3,184

7.3920 GBP

25p ordinary

CFD

reducing a long position

9,776

7.4845 GBP

25p ordinary

CFD

reducing a long position

1,212

7.8032 GBP

25p ordinary

CFD

reducing a short position

7

6.9171 GBP

25p ordinary

CFD

reducing a short position

4

6.9175 GBP

25p ordinary

CFD

reducing a short position

223

6.9176 GBP

25p ordinary

CFD

reducing a short position

82

6.9176 GBP

25p ordinary

CFD

reducing a short position

60

6.9177 GBP

25p ordinary

CFD

reducing a short position

9

6.9178 GBP

25p ordinary

CFD

reducing a short position

6

6.9183 GBP

25p ordinary

CFD

reducing a short position

6,237

6.9488 GBP

25p ordinary

CFD

reducing a short position

75,000

6.9881 GBP

25p ordinary

CFD

reducing a short position

75,000

6.9965 GBP

25p ordinary

CFD

reducing a short position

37,211

7.0074 GBP

25p ordinary

CFD

reducing a short position

24

7.0146 GBP

25p ordinary

CFD

reducing a short position

28

7.0146 GBP

25p ordinary

CFD

reducing a short position

287

7.0148 GBP

25p ordinary

CFD

reducing a short position

212

7.0148 GBP

25p ordinary

CFD

reducing a short position

784

7.0148 GBP

25p ordinary

CFD

reducing a short position

12

7.0150 GBP

25p ordinary

CFD

reducing a short position

18

7.0150 GBP

25p ordinary

CFD

reducing a short position

1,924

7.0274 GBP

25p ordinary

CFD

reducing a short position

46

7.0343 GBP

25p ordinary

CFD

reducing a short position

30

7.0347 GBP

25p ordinary

CFD

reducing a short position

728

7.0357 GBP

25p ordinary

CFD

reducing a short position

537

7.0359 GBP

25p ordinary

CFD

reducing a short position

75

7.0384 GBP

25p ordinary

CFD

reducing a short position

61

7.0390 GBP

25p ordinary

CFD

reducing a short position

382

7.0536 GBP

25p ordinary

CFD

reducing a short position

292

7.0544 GBP

25p ordinary

CFD

reducing a short position

4,583

7.0551 GBP

25p ordinary

CFD

reducing a short position

191

7.0555 GBP

25p ordinary

CFD

reducing a short position

12,512

7.0582 GBP

25p ordinary

CFD

reducing a short position

140

7.0917 GBP

25p ordinary

CFD

reducing a short position

60

7.0917 GBP

25p ordinary

CFD

reducing a short position

6

7.0917 GBP

25p ordinary

CFD

reducing a short position

44

7.0918 GBP

25p ordinary

CFD

reducing a short position

5

7.0920 GBP

25p ordinary

CFD

reducing a short position

5

7.0920 GBP

25p ordinary

CFD

reducing a short position

3

7.0933 GBP

25p ordinary

CFD

reducing a short position

579

7.1012 GBP

25p ordinary

CFD

reducing a short position

4,255

7.1021 GBP

25p ordinary

CFD

reducing a short position

1,917

7.1163 GBP

25p ordinary

CFD

reducing a short position

5,000

7.1177 GBP

25p ordinary

CFD

reducing a short position

36

7.1417 GBP

25p ordinary

CFD

reducing a short position

2,397

7.1433 GBP

25p ordinary

CFD

reducing a short position

8,562

7.1477 GBP

25p ordinary

CFD

reducing a short position

858

7.1506 GBP

25p ordinary

CFD

reducing a short position

97

7.1510 GBP

25p ordinary

CFD

reducing a short position

56

7.1511 GBP

25p ordinary

CFD

reducing a short position

708

7.1522 GBP

25p ordinary

CFD

reducing a short position

73

7.1555 GBP

25p ordinary

CFD

reducing a short position

133

7.1636 GBP

25p ordinary

CFD

reducing a short position

258

7.1707 GBP

25p ordinary

CFD

reducing a short position

3,103

7.1722 GBP

25p ordinary

CFD

reducing a short position

170

7.1725 GBP

25p ordinary

CFD

reducing a short position

71

7.1823 GBP

25p ordinary

CFD

reducing a short position

37

7.1830 GBP

25p ordinary

CFD

reducing a short position

839

7.1856 GBP

25p ordinary

CFD

reducing a short position

53

7.1858 GBP

25p ordinary

CFD

reducing a short position

10,615

7.1860 GBP

25p ordinary

CFD

reducing a short position

12,195

7.1875 GBP

25p ordinary

CFD

reducing a short position

1,019

7.1929 GBP

25p ordinary

CFD

reducing a short position

143

7.1983 GBP

25p ordinary

CFD

reducing a short position

208

7.2013 GBP

25p ordinary

CFD

reducing a short position

493

7.2015 GBP

25p ordinary

CFD

reducing a short position

3,795

7.2028 GBP

25p ordinary

CFD

reducing a short position

272

7.2033 GBP

25p ordinary

CFD

reducing a short position

243

7.2039 GBP

25p ordinary

CFD

reducing a short position

310

7.2046 GBP

25p ordinary

CFD

reducing a short position

3,665

7.2052 GBP

25p ordinary

CFD

reducing a short position

160

7.2053 GBP

25p ordinary

CFD

reducing a short position

4,197

7.2061 GBP

25p ordinary

CFD

reducing a short position

405

7.2067 GBP

25p ordinary

CFD

reducing a short position

1,324

7.2101 GBP

25p ordinary

CFD

reducing a short position

786

7.2257 GBP

25p ordinary

CFD

reducing a short position

5,814

7.2272 GBP

25p ordinary

CFD

reducing a short position

6,174

7.2344 GBP

25p ordinary

CFD

reducing a short position

840

7.2347 GBP

25p ordinary

CFD

reducing a short position

1,629

7.2431 GBP

25p ordinary

CFD

reducing a short position

139

7.2444 GBP

25p ordinary

CFD

reducing a short position

4,146

7.2451 GBP

25p ordinary

CFD

reducing a short position

106

7.2457 GBP

25p ordinary

CFD

reducing a short position

76

7.2474 GBP

25p ordinary

CFD

reducing a short position

73,396

7.2504 GBP

25p ordinary

CFD

reducing a short position

24,104

7.2504 GBP

25p ordinary

CFD

reducing a short position

1,948

7.2743 GBP

25p ordinary

CFD

reducing a short position

268

7.2765 GBP

25p ordinary

CFD

reducing a short position

2,500

7.2943 GBP

25p ordinary

CFD

reducing a short position

2,500

7.3016 GBP

25p ordinary

CFD

reducing a short position

4,189

7.3057 GBP

25p ordinary

CFD

reducing a short position

18,000

7.3183 GBP

25p ordinary

CFD

reducing a short position

70

7.3271 GBP

25p ordinary

CFD

reducing a short position

90

7.3276 GBP

25p ordinary

CFD

reducing a short position

1,077

7.3289 GBP

25p ordinary

CFD

reducing a short position

55

7.3307 GBP

25p ordinary

CFD

reducing a short position

24,274

7.3484 GBP

25p ordinary

CFD

reducing a short position

3,848

7.3489 GBP

25p ordinary

CFD

reducing a short position

3,663

7.3534 GBP

25p ordinary

CFD

reducing a short position

504

7.3562 GBP

25p ordinary

CFD

reducing a short position

2,445

7.3918 GBP

25p ordinary

CFD

reducing a short position

17,954

7.3918 GBP

25p ordinary

CFD

reducing a short position

42,682

7.3954 GBP

25p ordinary

CFD

reducing a short position

1,598

7.4381 GBP

25p ordinary

CFD

reducing a short position

166,585

7.5354 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

Exercising/ exercised against

Number of securities

Exercise price per unit

N/A

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

 

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:

06 April 2022
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. 

 

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.

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