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Friday 04 October, 2019

HSBC Bank Plc

The HongKong and Shanghai Banking Corporation Limited - Hong Kong Exchanges and Clearing Limited - Form 8.5 (EPT/NON-RI)

The HongKong and Shanghai Banking Corporation Limited - Hong Kong Exchanges and Clearing Limited - Form 8.5 (EPT/NON-RI)

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the “Code”)

1.         KEY INFORMATION

(a) Name of exempt principal trader: The HongKong and Shanghai Banking Corporation Limited
(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: Hong Kong Exchanges and Clearing Limited
(d) Date position held/dealing undertaken:

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

3 October 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 / NO / N/A

If YES, specify which:London Stock Exchange Group plc

2.         POSITIONS OF THE EXEMPT PRINCIPAL TRADER

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(b), 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:

 
 
 

 
InterestsShort positions
Number%Number%
(1) Relevant securities owned and/or controlled:   7,211,119

 
0.572

 
20,744

 
0.002

 
 

(2) Cash-settled derivatives:

 
 

840,500

 
  0.067

 
 

2,116,607
  0.168

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

748,269
  0.059

 
 

607,701

 
  0.048

 
 

  TOTAL:
 

8,799,888
  0.698

 
 

2,745,052
  0.218

 

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 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 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 securityPurchases/ sales

 
Total number of securitiesHighest price per unit paid/receivedLowest price per unit paid/received
 

Ordinary Shares
 

Purchase

 
 

83,215

 
 

244.449 HKD
 

225.200 HKD

 
 

Ordinary Shares
 

Sale

 
 

94,240

 
 

230.000 HKD

 
 

225.000 HKD

                       

(b)        Cash-settled derivative transactions

Class of relevant securityProduct descriptionNature of dealingNumber of reference securitiesPrice per unit
e.g. CFD e.g. opening/closing a long/short position, increasing/reducing a long/short position
Ordinary Shares Call Option Reducing a Short Position 212700 0.126
Ordinary Shares Put Option Increasing a Short Position 18100 0.036
Ordinary Shares Call Option Increasing a Short Position 212200 0.127
Ordinary Shares Call Option Increasing a Short Position 103300 0.075
Ordinary Shares Call Option Increasing a Short Position 86900 0.051
Ordinary Shares Put Option Increasing a Short Position 6000 0.268
Ordinary Shares Put Option Reducing a Short Position 6000 0.267
Ordinary Shares Put Option Reducing a Short Position 25000 0.035
Ordinary Shares Put Option Increasing a Short Position 132400 0.170
Ordinary Shares Put Option Reducing a Short Position 131100 0.169
Ordinary Shares Call Option Reducing a Short Position 8500 0.037
Ordinary Shares Call Option Reducing a Short Position 60600 0.069
Ordinary Shares Call Option Increasing a Short Position 8500 0.037
Ordinary Shares Call Option Increasing a Short Position 58600 0.070
Ordinary Shares Call Option Reducing a Short Position 105300 0.074
Ordinary Shares Call Option Reducing a Short Position 68600 0.102
Ordinary Shares Call Option Increasing a Short Position 67100 0.102
Ordinary Shares Call Option Reducing a Short Position 85200 0.051
Ordinary Shares Call Option Reducing a Short Position 59200 0.130
Ordinary Shares Call Option Reducing a Short Position 300 0.053
Ordinary Shares Call Option Reducing a Short Position 5000 0.031
Ordinary Shares Call Option Reducing a Short Position 53200 0.171
Ordinary Shares Call Option Increasing a Short Position 12300 0.045
Ordinary Shares Call Option Reducing a Short Position 3800 0.054
Ordinary Shares Call Option Reducing a Short Position 72700 0.107
Ordinary Shares Call Option Increasing a Short Position 65900 0.133
Ordinary Shares Call Option Increasing a Short Position 5300 0.031
Ordinary Shares Call Option Increasing a Short Position 68900 0.105
Ordinary Shares Call Option Increasing a Short Position 13500 0.040
Ordinary Shares Call Option Reducing a Short Position 200 0.071
Ordinary Shares Call Option Reducing a Short Position 13700 0.039
Ordinary Shares Call Option Increasing a Short Position 56500 0.172
Ordinary Shares Call Option Increasing a Short Position 100 0.058
Ordinary Shares Call Option Increasing a Short Position 1100 0.060
Ordinary Shares Call Option Reducing a Short Position 200 0.081
Ordinary Shares Put Option Increasing a Short Position 2200 0.395
Ordinary Shares Put Option Reducing a Short Position 6800 0.352
Ordinary Shares Put Option Reducing a Short Position 37100 0.171
Ordinary Shares Put Option Increasing a Short Position 1600 0.025
Ordinary Shares Put Option Reducing a Short Position 53500 0.082
Ordinary Shares Put Option Increasing a Short Position 12100 0.217
Ordinary Shares Put Option Reducing a Short Position 10600 0.218
Ordinary Shares Put Option Increasing a Short Position 10900 0.265
Ordinary Shares Put Option Reducing a Short Position 2200 0.390
Ordinary Shares Put Option Reducing a Short Position 1800 0.305
Ordinary Shares Put Option Reducing a Short Position 2800 0.024
Ordinary Shares Put Option Reducing a Short Position 8800 0.267
Ordinary Shares Put Option Increasing a Short Position 53500 0.082
Ordinary Shares Put Option Increasing a Short Position 1800 0.310
Ordinary Shares Put Option Increasing a Short Position 6800 0.352
Ordinary Shares Put Option Increasing a Short Position 35700 0.157

(c)        Stock-settled derivative transactions (including options)

  1. Writing, selling, purchasing or varying
  2. Exercise

Class of relevant securityProduct description

e.g. call option
Exercising/ exercised againstNumber of securitiesExercise price per unit
     

 

(d)        Other dealings (including subscribing for new securities)

Class of relevant securityNature of dealing

e.g. subscription, conversion
DetailsPrice 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 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”
 

 

 

(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”
 

 

 

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached? YES

Class of relevant securityProduct description e.g. call optionWritten or purchasedNumber of securities to which option or derivative relatesExercise price per unitTypeExpiry date
e.g. American, European etc.
Ordinary Shares Put Option Purchased 1980 186.97   30/12/19
Ordinary Shares Put Option Purchased 3930 191.90   28/11/19
Ordinary Shares Put Option Purchased 4641 203.87   30/03/20
Ordinary Shares Put Option Purchased 3060 203.30   30/12/19
Ordinary Shares Put Option Purchased 1435 214.08   30/12/19
Ordinary Shares Put Option Purchased 28240 215.46   30/03/20
Ordinary Shares Put Option Purchased 14680 216.03   30/10/19
Ordinary Shares Call Option Written 12300 291.90   30/10/19
Ordinary Shares Call Option Written 11475 292.52   28/11/19
Ordinary Shares Call Option Written 1400 280.00   30/12/19
Ordinary Shares Call Option Written 3300 265.00   30/03/20
Ordinary Shares Put Option Purchased 200 275.00   30/12/19
Ordinary Shares Put Option Written 10000 275.00   30/03/20
Ordinary Shares Call Option Written 30000 275.00   30/03/20
Ordinary Shares Put Option Purchased 3300 265.00   30/03/20
Ordinary Shares Put Option Purchased 13320 220.02   30/03/20
Ordinary Shares Put Option Written 4063 235.00   30/12/19
Ordinary Shares Call Option Purchased 3300 265.00   28/11/19
Ordinary Shares Put Option Purchased 6600 205.00   30/12/19
Ordinary Shares Call Option Written 3300 255.00   30/10/19
Ordinary Shares Call Option Written 3300 255.00   28/11/19
Ordinary Shares Put Option Purchased 3300 220.00   30/12/19
Ordinary Shares Put Option Purchased 3300 235.00   30/10/19
Ordinary Shares Put Option Written 3300 215.00   30/12/19
Ordinary Shares Put Option Purchased 3000 240.00   30/03/20
Ordinary Shares Put Option Purchased 5320 203.30   30/10/19
Ordinary Shares Call Option Written 2000 285.00   30/12/19
Ordinary Shares Put Option Purchased 24000 230.00   30/12/19
Ordinary Shares Put Option Purchased 3900 185.35   30/12/19
Ordinary Shares Put Option Purchased 4420 217.17   30/10/19
Ordinary Shares Call Option Written 20400 293.14   30/03/20
Ordinary Shares Put Option Written 448 235.00   30/12/19
Ordinary Shares Put Option Written 2500 200.00   30/12/19
Ordinary Shares Put Option Written 5406 235.00   30/03/20
Ordinary Shares Put Option Purchased 18980 221.39   30/12/19
Ordinary Shares Call Option Purchased 3300 240.00   30/10/19
Ordinary Shares Call Option Written 3300 260.00   30/12/19
Ordinary Shares Put Option Purchased 16965 190.19   30/12/19
Ordinary Shares Put Option Purchased 4200 197.16   30/03/20
Ordinary Shares Put Option Purchased 1845 216.03   28/11/19
Ordinary Shares Put Option Purchased 2964 218.12   30/03/20
Ordinary Shares Call Option Written 20400 290.67   30/10/19
Ordinary Shares Call Option Written 163100 235.00   30/12/19
Ordinary Shares Call Option Written 3000 260.00   28/11/19
Ordinary Shares Put Option Written 3300 235.00   30/03/20
Ordinary Shares Put Option Purchased 1320 200.07   30/03/20
Ordinary Shares Put Option Purchased 2970 212.25   28/11/19
Ordinary Shares Call Option Purchased 3300 240.00   30/10/19
Ordinary Shares Put Option Purchased 11745 190.57   30/12/19
Ordinary Shares Put Option Purchased 6792 217.28   28/11/19
Ordinary Shares Put Option Purchased 1672 217.93   30/12/19
Ordinary Shares Call Option Purchased 100 245.00   30/12/19
Ordinary Shares Call Option Written 5448 295.27   30/10/19
Ordinary Shares Put Option Purchased 2000 280.00   30/12/19
Ordinary Shares Put Option Written 3754 235.00   22/06/20
Ordinary Shares Put Option Written 3908 235.00   30/12/19
Ordinary Shares Put Option Written 10055 235.00   30/12/19
Ordinary Shares Put Option Written 6852 235.00   30/03/20
Ordinary Shares Put Option Written 2853 235.00   30/03/20
Ordinary Shares Put Option Purchased 489500 220.00   30/12/19
Ordinary Shares Put Option Written 12795 235.00   30/03/20
Ordinary Shares Call Option Written 3300 235.00   30/10/19
Ordinary Shares Put Option Purchased 4500 216.79   28/11/19
Ordinary Shares Put Option Written 741 235.00   28/11/19
Ordinary Shares Put Option Purchased 1600 270.00   30/12/19
Ordinary Shares Call Option Written 3300 260.00   28/11/19
Ordinary Shares Put Option Written 400 225.00   30/03/20
Ordinary Shares Put Option Written 902 235.00   30/10/20
Ordinary Shares Put Option Purchased 3400 260.00   30/12/19
Ordinary Shares Put Option Purchased 10000 225.00   30/12/19
Ordinary Shares Call Option Purchased 3300 265.00   28/11/19
Ordinary Shares Put Option Purchased 4619 213.94   30/12/19
Ordinary Shares Call Option Written 16640 285.81   30/12/19
Ordinary Shares Put Option Purchased 3300 225.00   30/10/19
Ordinary Shares Call Option Written 18160 286.34   30/12/19
Ordinary Shares Put Option Purchased 931 209.76   30/12/19
Ordinary Shares Call Option Written 3300 245.00   30/10/19
Ordinary Shares Put Option Purchased 3300 210.00   28/11/19
Ordinary Shares Call Option Written 55000 225.00   30/12/19
Ordinary Shares Put Option Written 1270 235.00   30/12/19
Ordinary Shares Put Option Purchased 3000 240.00   30/10/19
Ordinary Shares Call Option Written 37600 281.40   30/10/19
Ordinary Shares Put Option Purchased 3300 240.00   30/12/19
Ordinary Shares Put Option Written 60877 235.00   30/12/19
Ordinary Shares Put Option Written 403 235.00   30/12/19
Ordinary Shares Put Option Purchased 14040 219.83   30/12/19
Ordinary Shares Call Option Written 3300 265.00   30/12/19
Ordinary Shares Put Option Written 40651 235.00   30/12/19
Ordinary Shares Call Option Written 3300 275.00   30/12/19

Date of disclosure:4 October 2019
Contact name:Mukhtar Khan
Telephone number: +44 20 7088 2000

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.



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