Understanding De La Rue's Market Activity
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: Investec Bank plc
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:
De La Rue plc
(c) Name of the party to the offer with which exempt principal trader is connected:
Investec is Joint Broker to De La Rue plc
(d) Date dealing undertaken:
07 May 2025
(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
Please copy table as necessary for any additional class of relevant security dealt in.
(a) Purchases and sales
Class of relevant security: Ordinary shares
Purchases/ sales: Purchases
Total number of securities: 377,483
Highest price per unit paid/received: 129.5
Lowest price per unit paid/received: 129.5
Class of relevant security: Ordinary shares
Purchases/ sales: Sales
Total number of securities: 377,483
Highest price per unit paid/received: 129.5
Lowest price per unit paid/received: 129.5
(b) Cash-settled derivative transactions
Class of relevant security: N/A
Product description: N/A
Nature of dealing: N/A
Number of reference securities: N/A
Price per unit: N/A
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security: N/A
Product description : N/A
Nature: N/A
Number of securities to which option relates: N/A
Exercise price per unit: N/A
Type: N/A
Expiry date: N/A
Option money paid/ received per unit: N/A
(ii) Exercise
Class of relevant security: N/A
Product description: N/A
Exercising/ exercised against: N/A
Number of securities: N/A
Exercise price per unit: N/A
(d) Other dealings (including subscribing for new securities)
Class of relevant security: N/A
Nature of dealing: N/A
Details: N/A
Price per unit (if applicable): N/A
3. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
Details of any indemnity or option arrangement: None
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement: None
Date of disclosure: 08 May 2025
Contact name: Abhishek Gawde
Telephone number: +91 9923757332
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.
Frequently Asked Questions
What is the main purpose of Form 8.5?
Form 8.5 serves to disclose public dealings by an exempt principal trader in relation to relevant securities.
Who are the parties involved in this disclosure?
The parties involved are Investec Bank plc and De La Rue plc, with Investec acting as a joint broker for De La Rue.
What kind of transactions does this form cover?
This form covers purchases, sales, and derivative transactions of relevant securities.
How is the information in Form 8.5 regulated?
The information in Form 8.5 is regulated under Rule 8 of the Takeover Code, which outlines disclosure requirements.
Who can I contact for more information about these disclosures?
For more information, you can contact Abhishek Gawde at +91 9923757332.
