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Tuesday 14 December, 2010

Goldman Sachs (EPT)

Form 8.5 (EPT/RI)

RNS Number : 9262X
GoldmanSachs International
14 December 2010
 



 

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

WELLSTREAM HOLDINGS PLC

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

GENERAL ELECTRIC COMPANY

(d) Date dealing undertaken:

13 December 2010

(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

 

(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

1p ordinary

Purchases

2,183,286

7.9000 GBP

7.8333 GBP

1p ordinary

Sales

761,579

7.8700 GBP

7.8400 GBP

 

 

(b)        Derivatives transactions (other than options)

 

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

1p ordinary

CFD

Reducing a short position

3,000

7.8551 GBP

1p ordinary

CFD

Reducing a short position

1,000

7.8551 GBP

1p ordinary

CFD

Opening a short position

120,000

7.8333 GBP

1p ordinary

CFD

Opening a short position

120,000

7.8333 GBP

1p ordinary

CFD

Closing a short position

170,000

7.8448 GBP

1p ordinary

CFD

Closing a short position

200,000

7.8448 GBP

1p ordinary

CFD

Closing a short position

53,700

7.8448 GBP

1p ordinary

CFD

Opening a short position

24,000

7.8466 GBP

1p ordinary

CFD

Opening a short position

18,000

7.8474 GBP

1p ordinary

CFD

Opening a short position

8,800

7.8564 GBP

1p ordinary

CFD

Opening a short position

250,000

7.8568 GBP

1p ordinary

CFD

Opening a short position

30,000

7.8445 GBP

1p ordinary

CFD

Reducing a short position

54,000

7.8632 GBP

1p ordinary

CFD

Closing a short position

115,000

7.8632 GBP

1p ordinary

CFD

Opening a short position

100,000

7.8633 GBP

1p ordinary

CFD

Opening a short position

150,000

7.8634 GBP

1p ordinary

CFD

Opening a short position

100,000

7.8634 GBP

1p ordinary

CFD

Opening a short position

13,200

7.8668 GBP

1p ordinary

CFD

Opening a short position

30,000

7.8668 GBP

1p ordinary

CFD

Opening a short position

750,000

7.8684 GBP

1p ordinary

CFD

Opening a short position

100,000

7.8718 GBP

1p ordinary

CFD

Opening a short position

100,000

7.8718 GBP

1p ordinary

CFD

Opening a short position

100,000

7.8734 GBP

 

 

 

(c)        Options transactions in respect of existing securities

 

(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

 

(ii)        Exercising

 

Class of relevant security

Product description

e.g. call option

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)


 

 



 

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:

14 December 2010

Contact name:

Robert Horton and Shannon Sutherland

Telephone number:

+44(20) 7051 0431 / +44(20) 7774 6249

 

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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