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Wednesday 29 April, 2015

JPMorgan Sec.Plc

Dealing Disclosure-XL Group Plc

RNS Number : 7151L
JPMorgan Securities Plc
29 April 2015
 



FORM 8.5 (EPT/RI)

 

 

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

 

1.         KEY INFORMATION

 

(a) Name of exempt principal trader:

J.P. Morgan Securities plc

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

XL Group Plc

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

Catlin Group Ltd

(d) Date dealing undertaken:

28 April 2015

(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?

Yes

Catlin Group Ltd

 

 

 

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

(USD)

Lowest price per unit paid/received

(USD)

Ordinary Shares

Sales

217,850

38.0300

37.4100

 

(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

(USD)






 

(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

(EUR)

Type

e.g. American, European etc.

Expiry date

 

Option money paid/ received per unit

(EUR)


 

 

 

 

 

 





           

(ii)        Exercising

 

Class of relevant security

Product description

e.g. call option

Number of securities

Exercise price per unit

(USD)





           

(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:

29 April 2015

Contact name:

Jasper Niesing

 

Telephone number:

020 7742 4613

 

Catlin is a Bermudian entity and is therefore not subject to the City Code. Shareholders of Catlin and others dealing are therefore not obliged to disclose any of their dealings under the provisions of the City Code. However, market participants are requested to make disclosures as if the City Code applied and as if Catlin were in an "offer period".

 

Accordingly, public disclosures consistent with the provisions of Rule 8 of the City Code should be released directly through a Regulatory Information Service and should not be emailed to the Takeover Panel.

 

The City Code can be viewed on the Takeover 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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