Public Disclosure by Exempt Principal Trader
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code
Key Information
(a) Name of exempt principal trader: Investec Bank plc
(b) Name of offeror/offeree: Dowlais Group Plc
(c) Broker connection: Investec is Broker to Dowlais Group Plc
(d) Date of dealing: This information is essential for tracking trading patterns and market movements.
Dealings by the Exempt Principal Trader
In this section, we explore various trading activities undertaken by the exempt principal trader.
Purchases and Sales Overview
This section gives a clear view of purchases and sales that have occurred recently.
(a) Purchases:
Class of Relevant Security: Ordinary shares
Purchases: 455,000
Highest Price per Unit: 55
Lowest Price per Unit: 51.8
(b) Sales:
Class of Relevant Security: Ordinary shares
Sales: 455,000
Highest Price per Unit: 57.5
Lowest Price per Unit: 51.2
Cash-Settled Derivative Transactions
This section describes the cash-settled derivative transactions relevant to Dowlais Group Plc.
Class of Relevant Security: Not applicable
The details in this section indicate that currently, there are no further cash-settled derivatives being reported.
Other Key Dealings
In this section, we focus on other dealings that have taken place, including subscribing for new securities.
Nature of Dealing: N/A
Indemnity and Agreements
Details of any agreement: None
Contact and Disclosure Information
Date of Disclosure: Recent disclosures are pivotal for maintaining transparency.
Contact Name: Abhishek Gawde
Telephone: +91 9923757332
This information is essential for stakeholders seeking further insights into Dowlais Group Plc.
Frequently Asked Questions
What is the purpose of Form 8.5?
Form 8.5 is used to provide public dealing disclosures by an exempt principal trader under Rule 8.5 of the Takeover Code.
Who is Investec Bank plc?
Investec Bank plc is the exempt principal trader related to the disclosures made about Dowlais Group Plc.
What are the recent transactions for Dowlais Group shares?
Recent transactions include a purchase of 455,000 ordinary shares and a similar amount sold.
How can I contact regarding these disclosures?
You can contact Abhishek Gawde at +91 9923757332 for any inquiries related to the disclosures.
Is there any information on cash-settled derivatives?
Currently, there are no cash-settled derivative transactions reported for Dowlais Group Plc.