FD Technologies plc Sees Activity from Investec Bank as Principal Trader
Key Information on Recent Dealings Involving FD Technologies plc
Name of Exempt Principal Trader: Investec Bank plc
Name of Offeror/Offeree: FD Technologies plc
Connection of the Exempt Principal Trader: Investec serves as Advisor and Joint Broker to FD Technologies plc.
Date of Dealings Undertaken: An essential date for reference, recently notable in market activities.
Additional Disclosures: The principal trader has not disclosed dealings on other parties related to this offer; hence, this area remains noted as not applicable.
Details of the Trader's Dealings
In analyzing the trading activity of the exempt principal trader during this period, two significant categories stand out: purchases and sales of ordinary securities. The following summarize the findings from these trading activities.
Purchases and Sales of Ordinary Securities
| Class of Relevant Security | Type of Action | Total Number of Securities | Highest Price per Unit | Lowest Price per Unit |
|---|---|---|---|---|
| Ordinary | Purchases | 5,873 | 2,435 | 2,430 |
| Ordinary | Sales | 8,174 | 2,440 | 2,430 |
Cash-Settled and Stock-Settled Derivative Transactions
The exempt principal trader has not disclosed any cash-settled derivative transactions. All movements pertain to the ordinary transactions listed above.
Stock Settled Transactions Overview
Similar to cash-settled transactions, stock-settled transactions including options have not required disclosures at this time.
Additional Information on Dealings
In regard to indemnity or other dealing arrangements, it has been confirmed that there are no agreements that could influence the trading behavior of the exempt principal trader.
Agreements Regarding Options
There are also no agreements or understandings concerning voting rights related to any options or derivatives that the exempt principal trader is involved with.
Conclusion on Recent Dealings
To conclude, the report indicated significant trading movements conducted by Investec Bank plc on behalf of FD Technologies plc. This active participation showcases strategic trading dynamics and points to broader market implications.
Frequently Asked Questions
Who is the exempt principal trader connected to FD Technologies plc?
The exempt principal trader linked to FD Technologies plc is Investec Bank plc, which acts as their Advisor and Joint Broker.
What type of securities were traded?
The transactions involved ordinary securities of FD Technologies plc, with notable purchases and sales recorded during the recent trading period.
What were the total numbers of securities purchased and sold?
5,873 securities were purchased, while 8,174 were sold by the exempt principal trader.
Are there other parties involved in these disclosures?
No additional parties related to this offer have been disclosed by the exempt principal trader.
How can the recent disclosures of FD Technologies plc be viewed?
Recent public disclosures must be made under Rule 8 of the Takeover Code and can be consulted by relevant market participants.
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