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Hargreaves Lansdown PLC

Form 8.5 (EPT/RI) - Hargreaves Lansdown

Source: RNS
RNS Number : 0756F
GoldmanSachs International
20 September 2024
 

 

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:

(GS) GOLDMAN SACHS INTERNATIONAL

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

     Use a separate form for each offeror/offeree

HARGREAVES LANSDOWN PLC

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

HARP BIDCO LIMITED (A NEWLY FORMED COMPANY TO BE INDIRECTLY OWNED BY CVC PRIVATE EQUITY FUNDS, NORDIC CAPITAL XI DELTA, SCSP (ACTING THROUGH ITS GENERAL PARTNER, NORDIC CAPITAL XI DELTA GP SARL) AND PLATINUM IVY B 2018 RSC LIMITED)

(d) Date dealing undertaken:

19 September 2024

(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"

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

0.4p ordinary

Purchases

1,688,111

11.0800 GBP

11.0500 GBP

0.4p ordinary

Sales

761,263

11.0800 GBP

11.0450 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

0.4p ordinary

CFD

Increasing a short position

102,431

11.0505 GBP

0.4p ordinary

CFD

Increasing a short position

51,217

11.0514 GBP

0.4p ordinary

CFD

Opening a long position

100,000

11.0517 GBP

0.4p ordinary

CFD

Increasing a long position

16

11.0598 GBP

0.4p ordinary

CFD

Increasing a short position

15,596

11.0605 GBP

0.4p ordinary

CFD

Increasing a short position

9,600

11.0605 GBP

0.4p ordinary

CFD

Increasing a short position

9,600

11.0605 GBP

0.4p ordinary

CFD

Increasing a short position

422

11.0607 GBP

0.4p ordinary

CFD

Reducing a short position

5,286

11.0611 GBP

0.4p ordinary

CFD

Reducing a short position

4,889

11.0611 GBP

0.4p ordinary

CFD

Reducing a short position

2,255

11.0611 GBP

0.4p ordinary

CFD

Opening a short position

4,889

11.0611 GBP

0.4p ordinary

CFD

Reducing a short position

2,343

11.0611 GBP

0.4p ordinary

CFD

Opening a short position

2,343

11.0611 GBP

0.4p ordinary

CFD

Reducing a short position

174,893

11.0611 GBP

0.4p ordinary

CFD

Opening a short position

5,286

11.0611 GBP

0.4p ordinary

CFD

Opening a short position

174,893

11.0611 GBP

0.4p ordinary

CFD

Opening a short position

2,255

11.0611 GBP

0.4p ordinary

CFD

Opening a short position

10,334

11.0611 GBP

0.4p ordinary

CFD

Reducing a short position

10,334

11.0611 GBP

0.4p ordinary

CFD

Increasing a short position

94

11.0611 GBP

0.4p ordinary

CFD

Increasing a short position

20

11.0616 GBP

0.4p ordinary

CFD

Increasing a short position

3,007

11.0617 GBP

0.4p ordinary

CFD

Increasing a short position

403

11.0625 GBP

0.4p ordinary

CFD

Increasing a short position

3,117

11.0627 GBP

0.4p ordinary

CFD

Increasing a short position

23,266

11.0647 GBP

0.4p ordinary

CFD

Increasing a short position

12,476

11.0655 GBP

0.4p ordinary

CFD

Opening a short position

84,196

11.0661 GBP

0.4p ordinary

CFD

Opening a short position

3,435

11.0661 GBP

0.4p ordinary

CFD

Opening a short position

3,060

11.0661 GBP

0.4p ordinary

CFD

Reducing a short position

1,128

11.0661 GBP

0.4p ordinary

CFD

Reducing a short position

3,435

11.0661 GBP

0.4p ordinary

CFD

Reducing a short position

1,465

11.0661 GBP

0.4p ordinary

CFD

Opening a short position

1,128

11.0661 GBP

0.4p ordinary

CFD

Reducing a short position

84,196

11.0661 GBP

0.4p ordinary

CFD

Reducing a short position

3,060

11.0661 GBP

0.4p ordinary

CFD

Opening a short position

1,465

11.0661 GBP

0.4p ordinary

CFD

Reducing a short position

6,716

11.0661 GBP

0.4p ordinary

CFD

Opening a short position

6,716

11.0661 GBP

0.4p ordinary

CFD

Increasing a short position

25

11.0661 GBP

0.4p ordinary

CFD

Increasing a short position

37,987

11.0667 GBP

0.4p ordinary

CFD

Reducing a short position

84,196

11.0686 GBP

0.4p ordinary

CFD

Opening a short position

1,128

11.0686 GBP

0.4p ordinary

CFD

Opening a short position

1,586

11.0686 GBP

0.4p ordinary

CFD

Reducing a short position

3,060

11.0686 GBP

0.4p ordinary

CFD

Reducing a short position

3,435

11.0686 GBP

0.4p ordinary

CFD

Reducing a short position

1,128

11.0686 GBP

0.4p ordinary

CFD

Opening a short position

1,466

11.0686 GBP

0.4p ordinary

CFD

Reducing a short position

4,301

11.0686 GBP

0.4p ordinary

CFD

Opening a short position

9,440

11.0686 GBP

0.4p ordinary

CFD

Opening a short position

2,060

11.0686 GBP

0.4p ordinary

CFD

Reducing a short position

2,060

11.0686 GBP

0.4p ordinary

CFD

Opening a short position

4,829

11.0686 GBP

0.4p ordinary

CFD

Reducing a short position

1,586

11.0686 GBP

0.4p ordinary

CFD

Opening a short position

4,301

11.0686 GBP

0.4p ordinary

CFD

Opening a short position

3,060

11.0686 GBP

0.4p ordinary

CFD

Reducing a short position

6,715

11.0686 GBP

0.4p ordinary

CFD

Opening a short position

118,348

11.0686 GBP

0.4p ordinary

CFD

Reducing a short position

118,348

11.0686 GBP

0.4p ordinary

CFD

Reducing a short position

4,829

11.0686 GBP

0.4p ordinary

CFD

Opening a short position

84,196

11.0686 GBP

0.4p ordinary

CFD

Opening a short position

6,715

11.0686 GBP

0.4p ordinary

CFD

Reducing a short position

1,466

11.0686 GBP

0.4p ordinary

CFD

Opening a short position

3,435

11.0686 GBP

0.4p ordinary

CFD

Reducing a short position

9,440

11.0686 GBP

0.4p ordinary

CFD

Increasing a short position

1,925

11.0737 GBP

0.4p ordinary

CFD

Reducing a short position

20,894

11.0789 GBP

0.4p ordinary

CFD

Increasing a short position

894

11.0802 GBP

0.4p ordinary

CFD

Opening a short position

174,893

14.6968 USD

0.4p ordinary

CFD

Increasing a short position

10,334

14.6968 USD

0.4p ordinary

CFD

Opening a short position

2,255

14.6968 USD

0.4p ordinary

CFD

Opening a short position

4,889

14.6968 USD

0.4p ordinary

CFD

Increasing a short position

2,343

14.6968 USD

0.4p ordinary

CFD

Increasing a short position

5,286

14.6968 USD

0.4p ordinary

CFD

Increasing a short position

84,196

14.7035 USD

0.4p ordinary

CFD

Increasing a short position

6,716

14.7035 USD

0.4p ordinary

CFD

Increasing a short position

1,465

14.7035 USD

0.4p ordinary

CFD

Increasing a short position

1,128

14.7035 USD

0.4p ordinary

CFD

Increasing a short position

3,435

14.7035 USD

0.4p ordinary

CFD

Increasing a short position

3,060

14.7035 USD

0.4p ordinary

CFD

Increasing a short position

118,348

14.7068 USD

0.4p ordinary

CFD

Increasing a short position

84,196

14.7068 USD

0.4p ordinary

CFD

Increasing a short position

9,440

14.7068 USD

0.4p ordinary

CFD

Increasing a short position

6,715

14.7068 USD

0.4p ordinary

CFD

Increasing a short position

2,060

14.7068 USD

0.4p ordinary

CFD

Increasing a short position

1,466

14.7068 USD

0.4p ordinary

CFD

Increasing a short position

1,586

14.7068 USD

0.4p ordinary

CFD

Opening a short position

1,128

14.7068 USD

0.4p ordinary

CFD

Increasing a short position

3,435

14.7068 USD

0.4p ordinary

CFD

Increasing a short position

4,829

14.7068 USD

0.4p ordinary

CFD

Increasing a short position

4,301

14.7068 USD

0.4p ordinary

CFD

Increasing a short position

3,060

14.7068 USD

 

 

 

(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









 

(ii)        Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising / exercised against

Number of securities

Exercise price per unit






 

(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)


 

 



 

 

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:

20 September 2024
Contact name:

Papa Lette and Andrzej Szyszka
Telephone number:

+33(1) 4212 1459 / +48(22) 317 4817

 

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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