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Morgan Stanley & Co. (IRSH)

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Thursday 15 April, 2021

Morgan Stanley & Co.

Form 8.5 (EPT/RI) - RSA INSURANCE GROUP PLC

RNS Number : 6071V
Morgan Stanley & Co. Int'l plc
15 April 2021
 

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

RSA Insurance Group plc

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

A consortium of Intact Financial Corporation and Tryg A/S

(d) Date dealing undertaken:

14 April 2021

(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

100p ordinary

PURCHASES

649,065

6.8300 GBP

6.8200 GBP

100p ordinary

SALES

226,953

6.8340 GBP

6.8193 GBP

100p ordinary

SALES

990

9.4131 USD

9.4118 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

100p ordinary

CFD

increasing a long position

5,097

6.8200 GBP

100p ordinary

CFD

increasing a long position

124

6.8223 GBP

100p ordinary

CFD

increasing a long position

20,000

6.8281 GBP

100p ordinary

CFD

increasing a long position

1,227

6.8288 GBP

100p ordinary

CFD

increasing a short position

25,000

6.8200 GBP

100p ordinary

CFD

increasing a short position

75,144

6.8200 GBP

100p ordinary

CFD

increasing a short position

58,000

6.8200 GBP

100p ordinary

CFD

increasing a short position

13,000

6.8204 GBP

100p ordinary

CFD

increasing a short position

2,439

6.8209 GBP

100p ordinary

CFD

increasing a short position

50,000

6.8212 GBP

100p ordinary

CFD

increasing a short position

91

6.8224 GBP

100p ordinary

CFD

increasing a short position

25,000

6.8232 GBP

100p ordinary

CFD

increasing a short position

2,940

6.8234 GBP

100p ordinary

CFD

increasing a short position

97,230

6.8254 GBP

100p ordinary

CFD

increasing a short position

1,096

6.8260 GBP

100p ordinary

CFD

increasing a short position

14,000

6.8280 GBP

100p ordinary

CFD

increasing a short position

1,839

6.8286 GBP

100p ordinary

CFD

increasing a short position

12,000

6.8290 GBP

100p ordinary

CFD

reducing a long position

7,000

6.8220 GBP

100p ordinary

CFD

reducing a long position

1,376

6.8286 GBP

100p ordinary

CFD

reducing a short position

5,643

6.8193 GBP

100p ordinary

CFD

reducing a short position

65

6.8200 GBP

100p ordinary

CFD

reducing a short position

279

6.8200 GBP

100p ordinary

CFD

reducing a short position

4,031

6.8204 GBP

100p ordinary

CFD

reducing a short position

1,839

6.8288 GBP

100p ordinary

CFD

reducing a short position

2,401

6.8300 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:

15 April 2021

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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