20250610_Spectris plc_8.5 EPT RI_MLI

Bank of America Merrill Lynch

11 June 2025

 

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:	Merrill Lynch International
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Spectris plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Spectris plc
(d) Date dealing undertaken:	10/06/2025
(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"	N/A

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
5p ordinary	Purchase	361,978	32.596 GBP	31.789 GBP
5p ordinary	Sale	511,165	34.456 GBP	31.907 GBP

(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
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	23	32.562 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	6	32.562 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	40	32.562 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	71	32.562 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	451	32.562 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	89	32.562 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	422	32.562 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	37	32.562 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,581	32.04 GBP
5p ordinary	Swaps - Equity Swaps	Closing a Long Position	155	32.451 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	13,581	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	14,308	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	11,772	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	6,398	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	7,241	31.922 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	25,731	31.922 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	7,027	34.456 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Long Position	25	32.448 GBP
5p ordinary	Swaps - Equity Swaps	Closing a Long Position	507	32.308 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Long Position	10,467	32.308 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,607	32.596 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	37	32.185 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	4,767	32.041 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	4,850	32.041 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	442	32.2 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	1,755	31.986 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	2,682	32.231 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	405	32.456 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	212	32.09 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	3,389	32.072 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	2,458	32.167 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	4,790	32.228 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	337	32.541 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	1,952	32.4 GBP
5p ordinary	Swaps - Equity Swaps	Opening a Short Position	94,528	31.922 GBP
5p ordinary	Swaps - Equity Swaps	Closing a Short Position	25,815	34.456 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,967	34.456 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	9,105	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	7,631	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	6,466	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	14,220	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	10,711	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	6,593	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	12,804	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	62,596	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	35,524	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	18,235	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	5,150	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	12,725	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	9,238	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	2,500	32.037 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	278	32.541 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	328	32.457 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	3,930	32.228 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	369	32.192 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	1,437	31.985 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	1,595	32.399 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	170	32.094 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	3,974	32.041 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	2,771	32.072 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	2,194	32.232 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	2,001	32.169 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	112	32.038 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	39	32.371 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	898	32.067 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	680	32.09 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	409	32.101 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	198	32.146 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	126	32.222 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	31	32.323 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	2	32.063 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	202	32.039 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	202	32.041 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Long Position	226	32.04 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	2,659	32.403 GBP
5p ordinary	Swaps - Equity Swaps	Increasing a Short Position	662	32.403 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	103	32.562 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	185	32.562 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	1	32.562 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	38	32.562 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	2	32.562 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	52	32.562 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	208	32.562 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	7	32.562 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	1	32.562 GBP
5p ordinary	Swaps - Equity Swaps	Reducing a Short Position	33	32.562 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:	11/06/2025
Contact name:	Frank Lui
Telephone number:	[phone]

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 [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END