- 05 August 2025 17:23:58
- Source: Sharecast
AMENDMENT
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
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(a) Name of exempt principal trader: |
J.P. Morgan Securities Plc |
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(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree |
Spectris plc |
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(c) Name of the party to the offer with which exempt principal trader is connected: |
Financial advisor to Kohlberg Kravis Roberts & Co. L.P |
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(d) Date dealing undertaken: |
1 August 2025 |
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(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
Sale |
783,655
536,757 |
40.9061 GBP
40.9000 GBP |
39.8200 GBP
39.8400 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 |
Equity Swap |
Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a long position
Opening a short position
|
4,793 505 31,112 10,367
4,039 1,684 449 6 3,450 1 7,797 25,000 1,026 25,000 901 5,496 948 93 4,225 3,553 3,885 1,196
600 1,100 94 22,581
1,469 9 616 19 737 11 24 1,590 4 222 46 3,005 3,497 223 1,163 18 2,073 20,000 72 20,000 10,204 410 1,000 50,000 25,000 11,000 5,024 94 100,000 100,000 114 303 8,882 142 100 10,000 25,000 10,000
1,500 400 2,609 13,181
10,000 2,400 3,181 209 8 1,900 |
40.4295 GBP 40.6743 GBP 40.8034 GBP 40.8066 GBP
39.8403 GBP 39.8439 GBP 39.8440 GBP 39.8460 GBP 39.8532 GBP 39.8760 GBP 40.2536 GBP 40.3724 GBP 40.5199 GBP 40.6742 GBP 40.6933 GBP 40.7406 GBP 40.7759 GBP 40.7784 GBP 40.7800 GBP 40.7879 GBP 40.7890 GBP 40.8807 GBP
39.8772 GBP 40.7710 GBP 40.7782 GBP 40.7873 GBP
39.8610 GBP 39.8626 GBP 39.8630 GBP 39.8635 GBP 39.8640 GBP 39.8644 GBP 39.8737 GBP 39.8739 GBP 39.8803 GBP 39.8813 GBP 39.8814 GBP 39.8855 GBP 39.8862 GBP 39.8898 GBP 39.8965 GBP 39.8966 GBP 39.9095 GBP 40.1666 GBP 40.1749 GBP 40.3285 GBP 40.4061 GBP 40.4183 GBP 40.5351 GBP 40.5946 GBP 40.6042 GBP 40.6203 GBP 40.6652 GBP 40.6812 GBP 40.7204 GBP 40.7207 GBP 40.7333 GBP 40.7437 GBP 40.7800 GBP 40.7806 GBP 40.7812 GBP 40.8061 GBP 40.9050 GBP 40.9061 GBP
40.5064 GBP 40.5112 GBP 40.6155 GBP 40.6308 GBP
39.9927 GBP 39.9995 GBP 40.0272 GBP 40.0680 GBP 40.3338 GBP 40.3881 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 |
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|
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|
|
|
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|
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(ii) Exercise
|
Class of relevant security |
Product description e.g. call option |
Exercising/ exercised against |
Number of securities |
Exercise price per unit |
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|
|
|
|
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(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) |
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|
|
|
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3. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
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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
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(b) Agreements, arrangements or understandings relating to options or derivatives
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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
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Date of disclosure: |
5 August 2025 |
Contact name: |
Hetvi Shah |
Telephone number: |
44 2034 936359 |
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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