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 |
BHP Group Limited |
(c) Name of the party to the offer with which exempt principal trader is connected: |
Anglo American plc |
(d) Date dealing undertaken: |
14 May 2024 |
(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" |
YES- Anglo American 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 |
ADR |
PURCHASES |
2,745 |
59.3800 USD |
58.4450 USD |
ADR |
SALES |
2,745 |
59.3800 USD |
58.4450 USD |
Ordinary NPV |
SALES |
552,348 |
23.7000 GBP |
22.7000 GBP |
Ordinary NPV |
PURCHASES |
577,899 |
23.7100 GBP |
22.7000 GBP |
Ordinary NPV |
PURCHASES |
80,000 |
28.4833 USD |
28.4833 USD |
Ordinary NPV |
SALES |
130,400 |
29.4593 USD |
28.4933 USD |
Ordinary NPV |
PURCHASES |
148,159 |
43.2500 AUD |
43.0755 AUD |
Ordinary NPV |
SALES |
211,900 |
43.4920 AUD |
39.2549 AUD |
(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 |
ADR |
CFD |
increasing a short position |
2,102 |
59.1126 USD |
ADR |
CFD |
reducing a short position |
2,102 |
58.6244 USD |
Ordinary NPV |
CFD |
increasing a long position |
80,000 |
22.7486 GBP |
Ordinary NPV |
CFD |
increasing a long position |
2,373 |
23.3271 GBP |
Ordinary NPV |
CFD |
increasing a long position |
124 |
23.3271 GBP |
Ordinary NPV |
CFD |
increasing a long position |
466 |
23.3271 GBP |
Ordinary NPV |
CFD |
increasing a long position |
292 |
23.3271 GBP |
Ordinary NPV |
CFD |
increasing a long position |
9,504 |
23.3271 GBP |
Ordinary NPV |
CFD |
increasing a long position |
92 |
23.3271 GBP |
Ordinary NPV |
CFD |
increasing a long position |
4,824 |
23.3700 GBP |
Ordinary NPV |
CFD |
increasing a long position |
6,168 |
23.3819 GBP |
Ordinary NPV |
CFD |
increasing a long position |
15,893 |
23.4236 GBP |
Ordinary NPV |
CFD |
increasing a long position |
4,204 |
23.5017 GBP |
Ordinary NPV |
CFD |
increasing a long position |
1 |
23.5548 GBP |
Ordinary NPV |
CFD |
increasing a long position |
633 |
43.1172 AUD |
Ordinary NPV |
CFD |
increasing a long position |
122 |
43.1442 AUD |
Ordinary NPV |
CFD |
increasing a long position |
184 |
43.1442 AUD |
Ordinary NPV |
CFD |
increasing a long position |
25,200 |
43.1795 AUD |
Ordinary NPV |
CFD |
increasing a long position |
42,568 |
541.6535 ZAR |
Ordinary NPV |
CFD |
increasing a long position |
36,133 |
541.7074 ZAR |
Ordinary NPV |
CFD |
increasing a long position |
2,444 |
542.3113 ZAR |
Ordinary NPV |
CFD |
increasing a long position |
8,549 |
542.3467 ZAR |
Ordinary NPV |
CFD |
increasing a long position |
6,970 |
543.4470 ZAR |
Ordinary NPV |
CFD |
increasing a long position |
620 |
543.5221 ZAR |
Ordinary NPV |
CFD |
increasing a short position |
3,624 |
23.2378 GBP |
Ordinary NPV |
CFD |
increasing a short position |
91 |
23.2700 GBP |
Ordinary NPV |
CFD |
increasing a short position |
3,415 |
23.2800 GBP |
Ordinary NPV |
CFD |
increasing a short position |
61,718 |
23.3622 GBP |
Ordinary NPV |
CFD |
increasing a short position |
9,600 |
43.1368 AUD |
Ordinary NPV |
CFD |
increasing a short position |
2,100 |
43.1368 AUD |
Ordinary NPV |
CFD |
increasing a short position |
3,182 |
43.1466 AUD |
Ordinary NPV |
CFD |
increasing a short position |
80,000 |
43.1500 AUD |
Ordinary NPV |
CFD |
increasing a short position |
184 |
43.1500 AUD |
Ordinary NPV |
CFD |
increasing a short position |
3,894 |
43.1694 AUD |
Ordinary NPV |
CFD |
increasing a short position |
25,000 |
43.2218 AUD |
Ordinary NPV |
CFD |
increasing a short position |
27,084 |
541.1060 ZAR |
Ordinary NPV |
CFD |
increasing a short position |
32,548 |
541.7074 ZAR |
Ordinary NPV |
CFD |
reducing a long position |
815 |
22.9564 GBP |
Ordinary NPV |
CFD |
reducing a long position |
6,146 |
22.9564 GBP |
Ordinary NPV |
CFD |
reducing a long position |
321 |
22.9564 GBP |
Ordinary NPV |
CFD |
reducing a long position |
761 |
22.9564 GBP |
Ordinary NPV |
CFD |
reducing a long position |
16,632 |
22.9564 GBP |
Ordinary NPV |
CFD |
reducing a long position |
279 |
22.9564 GBP |
Ordinary NPV |
CFD |
reducing a long position |
62,610 |
23.2744 GBP |
Ordinary NPV |
CFD |
reducing a long position |
198 |
23.2800 GBP |
Ordinary NPV |
CFD |
reducing a long position |
2,819 |
23.2800 GBP |
Ordinary NPV |
CFD |
reducing a long position |
4,204 |
23.2848 GBP |
Ordinary NPV |
CFD |
reducing a long position |
4,164 |
23.3492 GBP |
Ordinary NPV |
CFD |
reducing a long position |
14,500 |
23.4023 GBP |
Ordinary NPV |
CFD |
reducing a long position |
1,106 |
23.5077 GBP |
Ordinary NPV |
CFD |
reducing a long position |
3,002 |
43.1000 AUD |
Ordinary NPV |
CFD |
reducing a long position |
670 |
43.1159 AUD |
Ordinary NPV |
CFD |
reducing a long position |
589 |
43.1298 AUD |
Ordinary NPV |
CFD |
reducing a long position |
38 |
43.1311 AUD |
Ordinary NPV |
CFD |
reducing a long position |
1,066 |
43.1342 AUD |
Ordinary NPV |
CFD |
reducing a long position |
7,966 |
43.1342 AUD |
Ordinary NPV |
CFD |
reducing a long position |
1,496 |
43.1342 AUD |
Ordinary NPV |
CFD |
reducing a long position |
38 |
43.1442 AUD |
Ordinary NPV |
CFD |
reducing a long position |
2,528 |
529.1925 ZAR |
Ordinary NPV |
CFD |
reducing a long position |
3,585 |
541.7074 ZAR |
Ordinary NPV |
CFD |
reducing a long position |
2,444 |
542.3113 ZAR |
Ordinary NPV |
CFD |
reducing a long position |
41,097 |
542.3467 ZAR |
Ordinary NPV |
CFD |
reducing a long position |
516 |
543.2922 ZAR |
Ordinary NPV |
CFD |
reducing a long position |
620 |
543.5221 ZAR |
Ordinary NPV |
CFD |
reducing a long position |
12,956 |
545.2295 ZAR |
Ordinary NPV |
CFD |
reducing a short position |
34 |
22.9699 GBP |
Ordinary NPV |
CFD |
reducing a short position |
39 |
23.1799 GBP |
Ordinary NPV |
CFD |
reducing a short position |
5 |
23.2700 GBP |
Ordinary NPV |
CFD |
reducing a short position |
43,248 |
23.2800 GBP |
Ordinary NPV |
CFD |
reducing a short position |
91 |
23.2877 GBP |
Ordinary NPV |
CFD |
reducing a short position |
11,099 |
23.2958 GBP |
Ordinary NPV |
CFD |
reducing a short position |
48,021 |
23.2958 GBP |
Ordinary NPV |
CFD |
reducing a short position |
6,372 |
23.2958 GBP |
Ordinary NPV |
CFD |
reducing a short position |
51,867 |
23.3739 GBP |
Ordinary NPV |
CFD |
reducing a short position |
12 |
23.4100 GBP |
Ordinary NPV |
CFD |
reducing a short position |
11,028 |
23.4321 GBP |
Ordinary NPV |
CFD |
reducing a short position |
25,200 |
23.4579 GBP |
Ordinary NPV |
CFD |
reducing a short position |
300 |
23.4715 GBP |
Ordinary NPV |
CFD |
reducing a short position |
9 |
23.5806 GBP |
Ordinary NPV |
CFD |
reducing a short position |
239 |
43.0958 AUD |
Ordinary NPV |
CFD |
reducing a short position |
2,269 |
43.1000 AUD |
Ordinary NPV |
CFD |
reducing a short position |
46 |
43.1005 AUD |
Ordinary NPV |
CFD |
reducing a short position |
69 |
43.1007 AUD |
Ordinary NPV |
CFD |
reducing a short position |
96,697 |
43.1230 AUD |
Ordinary NPV |
CFD |
reducing a short position |
244 |
43.1283 AUD |
Ordinary NPV |
CFD |
reducing a short position |
2,138 |
43.1283 AUD |
Ordinary NPV |
CFD |
reducing a short position |
19,378 |
43.1339 AUD |
Ordinary NPV |
CFD |
reducing a short position |
96 |
43.1442 AUD |
Ordinary NPV |
CFD |
reducing a short position |
64 |
43.1442 AUD |
Ordinary NPV |
CFD |
reducing a short position |
596 |
43.1500 AUD |
Ordinary NPV |
CFD |
reducing a short position |
230 |
43.1500 AUD |
Ordinary NPV |
CFD |
reducing a short position |
1,432 |
43.1620 AUD |
Ordinary NPV |
CFD |
reducing a short position |
954 |
43.1620 AUD |
Ordinary NPV |
CFD |
reducing a short position |
32,548 |
542.3467 ZAR |
Ordinary NPV |
CFD |
reducing a short position |
516 |
543.2922 ZAR |
(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 |
Ordinary NPV |
Short Call |
Exercised against |
180 |
40.5174 AUD |
(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: |
15 May 2024 |
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.