Key Insights from the Recent Trading of Craneware plc
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
1. KEY INFORMATION
(a) Name of exempt principal trader: Investec Bank plc
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Craneware plc
(c) Name of the party to the offer with which exempt principal trader is connected: Investec is Joint Broker to Craneware plc
(d) Date dealing undertaken: 04th June 2025
(e) Is the exempt principal trader making disclosures in respect of any other party to this offer? N/A
Recent Dealings by the Exempt Principal Trader
In looking at the trading activities, it is important to disclose any dealings made in various classes of relevant securities.
(a) Purchases and Sales
Class of relevant security: Ordinary shares
- Purchases: 2688 shares
- Highest price per unit paid: 2100
- Lowest price per unit paid: 2094
(b) Cash-settled derivative transactions
Class of relevant security: N/A
(c) Stock-settled derivative transactions (including options)
(i) Writing, Selling, Purchasing or Varying - N/A
(ii) Exercise - N/A
(d) Other Dealings (including subscribing for new securities)
Class of relevant security: N/A
Summary of Other Information
(a) Indemnity and Other Dealing Arrangements
Details of any agreements associated with relevant securities: None
(b) Agreements, Arrangements, or Understandings Relating to Options or Derivatives
Details between the exempt principal trader and others: None
Further Disclosure Details
Date of disclosure: 05th June 2025
Contact name: Abhishek Gawde
Telephone number: +91 9923757332
Public disclosures must be made to a Regulatory Information Service. For consultation regarding the Code’s dealing disclosure requirements, reach out to the Panel’s Market Surveillance Unit.
Frequently Asked Questions
What is Form 8.5?
Form 8.5 is a disclosure requirement for exempt principal traders as outlined in the Takeover Code.
Who is the principal trader mentioned in the document?
The exempt principal trader mentioned is Investec Bank plc.
What is the significance of the date when dealings were undertaken?
The date shows when specific trades or transactions were executed, forming part of disclosure requirements.
What is the importance of disclosing trading information?
Disclosure ensures transparency and fairness in trading activities, adhering to regulatory standards.
Who should be contacted for questions regarding disclosures?
For questions, Abhishek Gawde can be contacted at the provided telephone number.
