Investec Bank's Recent Transactions for NCC Group plc Revealed

Investec Bank's Public Disclosure on NCC Group plc
This disclosure outlines significant dealings by Investec Bank plc, which operates as an exempt principal trader for NCC Group plc, following the rules set by the Takeover Code. Understanding these transactions is crucial for investors and stakeholders as they navigate the financial landscape.
Key Information
Name of exempt principal trader: Investec Bank plc
Name of offeror/offeree: NCC Group plc
Connection to the offer: Investec serves as the Joint Broker for NCC Group plc.
Date of dealings: These transactions were carried out on the 2nd of October.
Additional disclosures: Currently, Investec Bank is not making disclosures for any other parties in this offer.
Details of Dealings by the Investor
Understanding the specific dealings can provide deeper insight into the financial activity surrounding NCC Group plc. The illegible section has been optimized for clarity and relevance, focusing on key financial transactions.
Purchases and Sales Overview
Investec Bank conducted various transactions involving ordinary shares of NCC Group plc. Below is a summary:
- Class of security: Ordinary shares
- Type: Purchases
- Total securities: 20,230
- Highest price paid per unit: 147.6
- Lowest price received per unit: 147
- Type: Sales
- Total securities: 20,230
- Highest price received per unit: 148.1
- Lowest price received per unit: 147.1
Cash-settled and Stock-settled Derivative Transactions
In addition to direct purchases and sales, figures regarding cash-settled derivative transactions and stock-settled derivative transactions were also disclosed. However, no active cash or stock-settled derivative transactions were noted during this reporting period.
Other Information Relevant to Investors
Understanding the broader context of these transactions is essential. It highlights how financial institutions like Investec Bank operate in relation to clients such as NCC Group plc.
Indemnities and Arrangements
No indemnity or any other dealing arrangements have been reported, which means that the transaction conduct was straightforward and without coercive agreements.
Date of Disclosure
The formal disclosure was made on the 3rd of October, providing timely and necessary transparency to the market.
Contact Information for Further Inquiries
The primary contact for further communication regarding this disclosure is Priyali Bhattacharjee. She can be reached at the telephone number +91-9768034903 for any inquiries or clarifications.
Frequently Asked Questions
What recent transactions were disclosed involving NCC Group plc?
Investec Bank disclosed purchases and sales of ordinary shares and outlined their roles as brokers for NCC Group plc.
Who is the exempt principal trader in this case?
Investec Bank plc acts as the exempt principal trader dealing in a client-serving capacity.
What type of shares has been traded?
The transactions involved ordinary shares of NCC Group plc.
When were these transactions executed?
The transactions were carried out on the 2nd of October.
How can I reach out for further information?
For additional inquiries, you can contact Priyali Bhattacharjee at +91-9768034903.
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